Gridiron Capital L.L.C. closed fundraising on a second investment fund, with $425 million in capital commitments it plans to plow into middle-market manufacturing, service and specialty consumer companies in the United States and Canada.
New Canaan-based Gridiron Capital was founded by former RFE Investment Partners executive Thomas Burger Jr. and Eugene Conese Jr., who previously led the Miami-based gas-turbine engine company Greenwich Air Services through its $530 million sale to General Electric Co.
Gridiron has already invested in three companies from the new fund: Apex Engineering International L.L.C. and H.M. Dunn Co., which make aerospace parts, and Quality Solutions Inc., a manager of facilities services for retail and food service operators.
