American Discovery Capital's Fund II Raises $190 Million for Founder-led and Family-owned Companies in Business Services and Software Sectors

American Discovery Capital closes Fund II at $190M

American Discovery Capital (ADC) (Linkedin), a Los Angeles-based merchant bank, recently closed its Fund II at $190 million. ADC focuses on founder-led and family-owned companies in the lower middle market, particularly in the business services and software sectors.

Funding Amount: $190 million

Industry: Venture Capital and Private Equity Principals

Employee Count: 51-200

CEO: Michael Fisch (CEO Linkedin)

What ADC needs to buy: ADC is seeking proprietary investment opportunities from within their relationship network. They are also looking for market intelligence, industry expertise, and M&A prospects to benefit their portfolio companies. Building and maintaining professional relationships that support the growth and success of portfolio companies is also a priority for ADC. Companies in the business services and software sectors, especially founder-led and family-owned, are ideal partners for ADC's investment and growth strategies.