Lower mid-market focused Resurgens Technology Partners is targeting as much as $350m for its second fund, according to people familiar with the new fundraising effort.
The technology-focused firm raised about $212 million for its first fund after its 2017 founding.
If the Atlanta firm reaches its target, the fund would be 65% larger than its debut Resurgens Technology Partners LP fund. Resurgens said in January 2019 that its first fund wrapped up with $212m in total commitments.
Resurgens Technology Partners is an Atlanta-based private equity firm focused on investing in North American-based, lower middle-market software and tech-enabled services businesses.
Source: Wall Street Journal
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