Agellus Capital, a lower middle-market private equity firm raised debut fund, Agellus Capital Private Equity Fund I (the “Fund”), with total limited partner capital commitments of $400 million. The Fund was oversubscribed, surpassing its $350 million target and securing investor commitments in less than five months.
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Agellus Capital partners alongside management teams of essential, non-discretionary services businesses across the United States and Canada.It invests in business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets. Agellus targets an initial platform investment of $2 million to $20 million of EBITDA. The firm seeks to drive transformational growth through complementary acquisitions and investments in talent, technology, and systems.
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“We are humbled by the reception our first fund received from the institutional investor community,” said Jeff Aiello, Co-Founder and Managing Partner of Agellus Capital. “We’re excited to capitalize on this momentum to partner with founders, families, and leaders to build great companies.”
“We launched Agellus to be the partner of choice to our companies, investors, and people,” said Beau Thomas, Co-Founder and Managing Partner. “We are thankful for the support and conviction of our limited partners, advisors, and many others who contributed to our efforts.”
About Agellus Capital
Founded in 2024, Agellus Capital, a lower middle market private equity firm, partners with management teams and founders of essential, non-discretionary services businesses across the US and Canada. We focus on buy-and-build opportunities with starting platforms between $2 and $20 million of EBITDA within highly fragmented end markets across the following sectors: B2B Services (facility services, professional services, route-based services), B2C Services (home services, automative aftermarket), and Supply Chain and Infrastructure Services (transportation and logistics, utility/water/waste, specialty distribution).
