O2 Investment Partners Closes “Oxygen Fund”; E

BLOOMFIELD HILLS, Mich., Oct. 16, 2017 (GLOBE NEWSWIRE) -- O2 Investment Partners (“O2”) recently closed its Oxygen Fund, exceeding its $100 million fund target. The Oxygen Fund will continue O2’s successful track record of investing in the lower middle market. 

Launched in Q3 2016, the Oxygen Fund has made control investments in two platforms:  Clio Holdings, a national roll-up involving six acquisitions in the stone and engineered countertop segment, serving residential, commercial and remodeling markets ( www.clioholdings.com ); and MHC Software, a leader in document management and electronic transaction processing software ( www.mhcsoftwareinc.com ).  Todd Fink, Managing Partner, commented, “After deploying over $80 million of equity through an informal structure led by our anchor family office partners, converting to a committed fund structure through the Oxygen Fund is the next logical step in our evolution. The Oxygen Fund will enhance our ability to quickly execute transactions and attract and retain outstanding talent. With a similar and expanded investor base, this fund preserves our 'family office' culture and positions O2 Investment Partners for continued success in the lower middle market.”

About O2 Investment Partners:

O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire a majority interest in lower middle market manufacturing, niche distribution, and select service and technology businesses. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.

O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.

Additional information is available at www.o2investment.com

Todd Fink, O2 Investment Partners ( tfink@o2investment.com )