Southlake’s Gauge Capital Closes $1.4 Billion Oversubscribed Fourth Fund

The firm's team demonstrated its confidence in the fund by being the largest investor, representing over 25% of the committed capital.

Gauge Capital, a middle-market private equity firm based in Southlake, Texas, has announced the successful closing of its fourth fund, which was oversubscribed with roughly $1.4 billion in commitments.

Gauge Capital said its team is the largest investor in the fund and represents over 25% of the committed capital.

Ropes & Gray LLP served as counsel, the firm added.

Gauge Capital invests in five key sectors: business services, food and consumer, government and industrial services, healthcare, and technology, and currently manages more than $3 billion in capital.

Gauge Capital’s success has been recognized by various industry publications. Inc. Magazine named the firm one of the top private equity firms for founders for four consecutive years, from 2020 to 2023.

Additionally, Gauge Capital was included in the Top 50 PE Firms in the Middle Market by Grady Campbell from 2021 to 2024. In 2021, the firm also ranked in the top 5 out of 517 private equity firms in the HEC Paris-DowJones Small-Cap Buyout Performance Ranking.

We last wrote about Gauge in July 2023, when it partnered with Craftable, a Farmers Branch-based hospitality industry SaaS platform.

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