Mountaingate Capital Closes Second Fund At $476 Million And Completes Initial Investment In The Mars Agency

Mountaingate Capital (“Mountaingate”), a Denver-based private equity firm focused on partnering with founders and entrepreneurs to execute transformative growth strategies in the lower middle-market, today announced that it closed its second fund (“Fund II”) at its hard cap with $476 million in capital commitments. With the strong performance of Mountaingate’s first fund and the support of existing investors, the fundraise was accomplished in three months and was significantly oversubscribed. Fund II was also able to add a diverse set of new institutional investors including university and nonprofit foundations, global insurance companies, as well as domestic and international family offices. Fund II will continue Mountaingate’s strategy of investing alongside founders and entrepreneurs in Mountaingate’s focus sectors of digital, data and tech-driven marketing/business services and value-add specialty manufacturing/distribution.