Buyout Firm Falfurrias Raises $1.35 Billion for Midsize Deals

Falfurrias Management Partners,the private equity firm that sold Duke’s Mayo owner Sauer Brands this year, closed a new buyout fund totaling $1.35 billion to target middle-market companies.

The latest fund, Falfurrias Capital Partners VI, topped its predecessor’s $850 million haul in 2021, according to a statement reviewed by Bloomberg News.

“We had a ton of demand. We were well oversubscribed from our goal,” Falfurrias Managing Partner Ed McMahan said in an interview. “That aligns mostly with our track record and the fact that we are continuing with the exact same strategy with similar check sizes.”

The Charlotte, North ...