Roark Capital closes on $2.5B fund

Roark Capital closes on $2.5B fund

Fund should enable private equity group to make more deals

Roark Capital Group has closed on a $2.5 billion fund, a fundraising effort that should enable the private equity group to continue to acquire more brands, the firm said Monday.

Roark Capital Partners IV LP, which closed in December at its $2.5 billion fundraising cap, is the largest fund in Roark’s 14-year history — exceeding its previous fundraising round by $1 billion. Overall, Roark has raised more than $6 billion in equity capital since it was formed in 2001.

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