Founded in 2022 by Eliot Kerlin and Andrew Boisseau, the firm specializes in partnering with founder- and family-owned businesses. The new capital, which includes commitments from pension plans, insurance companies, and family offices, will support the firm’s strategy of leveraging its proprietary operational playbooks to drive growth. The firm has already deployed the fund across six platform investments.
In section Releases
Broadwing Capital Secures $440 Million for Inaugural Fund
Dallas-based private equity firm Broadwing Capital has closed its debut fund at $440 million, surpassing a $350 million target. The oversubscribed raise highlights growing institutional appetite for the firm’s hands-on approach to scaling manufacturing and services companies in the lower middle market.
Kerlin, managing partner, noted that the investor response exceeded expectations, reflecting confidence in the firm’s track record. Broadwing currently manages over $730 million in total committed capital and has completed 26 acquisitions since its inception. Raymond James Private Capital Advisory acted as the placement agent, with legal counsel provided by Greenberg Traurig, LLP.
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