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Crux Capital Closes Inaugural Fund with Over $340 Million in Commitments

Crux Capital (“Crux” or the “Firm”), a Dallas-based lower-middle market private equity firm, today announced the final closing of its first institutional fund, Crux Capital Fund I, L.P. (together with its related vehicles, the “Fund”). Crux focuses on partnering with businesses in the consumer and commercial services industries with a strong presence in the Sunbelt region of the United States.

The Fund was oversubscribed, closing at its hard cap with over $340 million in capital commitments after a nine-month fundraising period. Crux secured commitments from a diverse and respected group of global investors, including university endowments, charitable foundations, family offices, funds of funds, and industry executives.

“We are incredibly grateful for the conviction and trust shown by our new and existing partners,” said Wayne Moore, Managing Partner of Crux Capital. “We believe this fundraise is a powerful endorsement of our specialized strategy of partnering with talented founders and management teams in the consumer and commercial services sectors. The Firm has deep roots in the Sunbelt, and we are excited to deploy capital to help high-quality businesses in this vibrant region achieve their full potential.”

Crux will continue to execute its strategy of making control and significant minority investments in founder- and family-owned businesses, often as their first institutional capital partner. The Firm’s deep industry networks and operational experience position it to partner with business owners seeking to accelerate growth and scale their enterprises.

James Kay, a Partner at Crux Capital, added, “The enthusiastic response to our first fund speaks to the compelling opportunities we see in the lower-middle market. For many entrepreneurs, we are the first institutional partner they’ve had, and we don’t take that responsibility lightly. Our collaborative, hands-on approach is designed to provide not just capital, but the strategic and operational resources necessary to help these companies build lasting value for all stakeholders.”

Lazard served as the exclusive placement advisor to the Fund and Weil, Gotshal & Manges LLP served as legal counsel.

About Crux Capital

Crux Capital is a Dallas-based private equity firm that invests in consumer and commercial services companies in the lower-middle market. The Firm focuses on founder- and family-owned businesses in the Sunbelt region, with an emphasis on franchise, multi-unit, route-based, membership-based, and tech-enabled business models. Crux partners with management teams with the intent to build long-term value and implement strategies to accelerate growth. The Firm often serves as the first institutional capital partner offering hands-on support to help businesses scale. For more information, visit www.crux-cap.com.

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