Kirkland Guides Ridgemont to $4B Funding Triumph Amid Fierce Market Headwinds

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Strategic Focus in Three Core Sectors

Ridgemont will channel the capital into technology-enabled services, healthcare, and industrials, continuing its focus on U.S.-based middle-market buyout and growth deals. Since its 2010 spin-out from Bank of America, the firm has amassed 70 platform investments and over 180 add-on acquisitions, solidifying its role as a key player in private equity.

Current portfolio companies include American Outcome Management in specialty infusion services, HealthMark Group in medical record tech solutions, Omni Logistics & Forward Air in freight and logistics, and Sparus Holdings in outsourced field services.

Leadership on the Record

Managing partners Jack Purcell and John Shimp hailed the close as both a milestone and a vote of confidence:

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“We are humbled by the extraordinary support for REP V and grateful for the trust of our investor partners. This capital raise, achieved amid a difficult fundraising environment, highlights the strength of our strategy, the cohesion of our team, and the alignment we’ve built with our investors.”

With the close of this fund, Ridgemont now oversees more than $11 billion in capital.