The announcement continues a strong run for the Dallas-based industrial-focused PE firm. In October, Sole Source Capital was named a 2021 Inc. "Founder-Friendly" investor and raised $555 million in its second fund.
With the "significantly oversubscribed" fund round, Sole Source now has over $1 billion under management. It's already made investments in three portfolio companies through the new fund: Dallas Plastics, Peak Technologies, and I.D. Images. Founder and CEO David Fredston says his firm's "investment process and commitment to human capital can deliver great results."
North Texas’ growing venture capital community was on full display Thursday at Old Parkland, as an estimated 450 company founders, investors and other community leaders gathered for the sixth annual Venture Dallas conference....
North Texas’ growing venture capital community was on full display Thursday at Old Parkland, as an estimated 450 company founders, investors and other community leaders gathered for the sixth annual Venture Dallas conference....