SER Capital Partners, an independent, middle-market private equity firm dedicated to sustainability, today announced the final closing of its SER Capital Partners I, LP and affiliated vehicles.

SER raised a total of $475m in support of its strategy to meaningfully capitalise middle-market businesses and infrastructure assets.

SER’s inaugural fundraise exceeded its stated target with the support of aligned and well-capitalised limited partners that include a diverse group of leading endowments, state pensions, insurers, health systems and family offices.

SER invests and enhances value in businesses positioned to meet the growing demand for economic and sustainable assets, products, and services across North America.

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SER Capital Partners is an independent, middle-market private equity firm dedicated to investing in North American sustainable industrial, environmental, and renewable businesses. Over the past two decades, its team members have amassed successful experience in its targeted sectors as private equity investors and senior executives at both private and public businesses. 

“We collectively built SER to meet the critical market need for an experienced and aligned private investment firm dedicated to sustainable, environmental and renewable sectors,” said Rahul Advani, SER’s founder and Managing Partner. “We are committed to economically meeting the burgeoning customer demand for decarbonised, distributed, digitised, and electrified solutions.” 

SER has already directly originated investments in four portfolio companies. These businesses collectively implement and manage battery storage, EV charging infrastructure, energy efficiency and solar assets.

Source: BusinessWire

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