Atlanta–(business wire) — Resurgens Technology Partners, a technology-focused private equity firm, today announced that it has completed the funding of Resurgens Technology Partners II (“Fund II”), exceeding $500 million in total capital commitments. Fund II was oversubscribed and reached its modified hard cap at close.

The latest fund continues the company’s well-established investment strategy, which focuses mostly on investments in North America and selected European mid-market applications and IT infrastructure software businesses. . Resurgens is committed to providing world-class operational support, talent and human capital expertise, and M&A execution capabilities to each of its portfolio companies. The firm invests in founder-owned businesses, carve-out transactions, and recapitalizations of investor-owned companies.

“Resurgence Managing Director Fred Sturgis said: “This closing is an exciting chapter for Resurgens, allowing us to continue to invest in our team and capabilities while building a strong position in the evolving and dynamic lower middle market software sector. ”

Since inception, Resurgens has invested in 11 technology-focused platform companies and completed nine additional acquisitions. Additionally, the company has completed his three full or partial realization transactions from its debut fund. Resurgens has also expanded its team to more than 25 of his professionals across investment and operations teams.

“Our team is excited about the opportunity to build on Resurgens’ track record. ” “We have built a team with deep functional software operations and advisory experience to develop an innovative approach to portfolio value creation. This latest fund allows you to take your investment strategy to the next level. ”

Sparring Partners acted as placement agent and Proskauer acted as legal advisor to Fund II.

About Resurgens Technology Partners

Resurgens Technology Partners is a technology-focused private equity firm that invests in lower middle market application and IT infrastructure software businesses in North America and parts of Europe. Resurgens’ growing team offers diverse investment, operational and people management experience, applying a proactive and engaged value creation approach to each portfolio company. Resurgens is headquartered in Atlanta, Georgia, with experts in Austin, London, and Silicon Valley.