DENVER, CO, January 14, 2025 – Mountaingate Capital (“Mountaingate”) announced today that it has closed its latest founder-focused lower-middle-market private equity fund, Mountaingate Capital Fund III (“Fund III”) at its hard cap with $570 million in capital commitments. This brings Mountaingate’s total assets under management to over $1.4 billion.

With robust support from existing investors and strong demand from new investors, Fund III was oversubscribed, and the fundraise was completed at its hard cap after less than three months in market. In addition to longstanding relationships with existing investors, Fund III attracted a diverse set of new institutional investors, including university and nonprofit foundations, global insurance companies, pension systems, and both domestic and international asset management firms.

Fund III will continue Mountaingate’s focused strategy of investing alongside founders and entrepreneurs in its core sectors, including digital, data, tech-driven marketing and business services, value-add specialty manufacturing and distribution.

“We are grateful for the tremendous support from both our existing and new investors, which enabled us to complete such an efficient fundraise. The successful closing of Fund III allows Mountaingate to continue focusing on our disciplined investment process, backing founders and entrepreneurs to drive transformational growth,” said Bennett Thompson, Co-Founder and Managing Director of Mountaingate. “We believe our fundraising success speaks to the quality of the team we have built over the past ten years, as well as the successful partnerships we have developed with our portfolio company leadership teams.”

Atlantic-Pacific Capital, Inc. acted as exclusive global placement agent and advisor for Fund III, and Kirkland & Ellis LLP served as legal counsel.

About Mountaingate Capital
Mountaingate Capital is a Colorado-based private equity firm that specializes in partnering with founders and entrepreneurial companies to accelerate growth and build industry leaders. Mountaingate’s focus on organic growth, coupled with its customer-centric buy-and-build approach for add-on acquisitions, and shared equity ownership with management, creates more value for the end customer, while forging stronger, more collaborative, and more successful investment partnerships with management teams. With over $1.4 billion of assets under management, Mountaingate targets investments in marketing services, business services, specialty manufacturing and distribution. For more information on Mountaingate, please visit www.mountaingate.com.

For more information, please contact:
Bennett Thompson
Co-Founder, Managing Director
Mountaingate Capital
303-390-5001