Palm Beach Capital Closes $110 Million Private Equity Fund

Business Wire, Nov 13, 2006

PALM BEACH, Fla. -- Palm Beach Capital today announced the closing of its $110 million buyout fund, Palm Beach Capital Fund II, L.P. The firm intends to invest the capital into private companies with earnings from $2 million to $15 million. Since January 2006, the firm has already made four equity investments totaling approximately 25% of this fund.

About Palm Beach Capital

Founded in 2001, Palm Beach Capital is a private equity investment firm which specializes in making investments in and building early and middle-stage private companies. With offices in both Palm Beach and Tampa, Florida, the firm focuses on high growth investment opportunities with enterprise values ranging from $10 million to $100 million. Since its inception, Palm Beach Capital has made investments in over 20 companies and has approximately $200 million in total assets under management. For more information, please visit the firm's website at www.pbcap.com.