TRP Fund VI Closed at $265 Million
August 8, 2025
Michigan-based TRP Capital Partners announced the final closing of their sixth fund ('Fund VI') at $265 million.
“We are pleased to announce the successful closing of TRP Fund VI. At $265mm, Fund VI is the largest committed fund in our history and represents a 46% increase to our prior fund. With this capital, we remain focused on our core investment strategy: partnering with exceptional management teams to drive long-term value in multiple commercial and consumer segments of the transportation industry. We are grateful for the confidence our investors have placed in us and look forward to continuing to deploy capital with the same approach that has defined TRP for over 28 years.”
Harken Capital was the placement agent for this fundraise.
About TRP Capital Partners:
Since 1997, TRP has invested over $1.2 billion across 33 portfolio platforms in multiple commercial and consumer segments of the transportation industry. We are actively looking for investments with the following criteria:
General: growth oriented, lower middle market businesses
EBITDA: $5mm - $40mm; no minimum for add-ons
Equity per Transaction: $20mm - $75mm
Industries: Logistics and Supply Chain, Dealerships and Related Services, Aftermarket Solutions, Specialty Manufacturing and Distribution, Education and Training, Energy and Environmental, Commercial Services
Value-add: through our team’s significant industry expertise, combined with our extensive operating network and strategic investor group, TRP seeks to identify opportunities where we can add meaningful value to a business
Seller Type: entrepreneur founded businesses, PE exits, corporate carve-outs, challenged businesses with attractive growth opportunities
Transaction Type: buyout, growth equity, control, minority
For more information, see TRP Capital Partners
Contact: David Mitchell – Dave.Mitchell@trpfund.com