Bertram Capital Announces Successful Closing of Ignite I
Funding | Jan 14, 2025 | Bertram Capital Management LLC

Bertram Capital Management, a prominent middle-market private equity firm, has announced the closing of its first fund extension platform, Bertram Ignite I, raising $260 million in total capital commitments. This follows the earlier success of their fifth flagship fund, Bertram Capital V, which closed in January 2024 with $1.6 billion in commitments. Bertram's strategy has always been to support lower middle-market, founder-owned businesses and with Ignite I, they aim to continue this mission by investing in both control and non-control stakes. With both existing and new global investors like pension funds, foundations, and family offices backing the fund, Ignite I has already made significant investments in companies such as Ridgeline Roofing & Restoration and MSE Supplies. The firm leverages its proprietary processes like Bertram High-5sm and its in-house tech team, Bertram Labs, to enhance value and growth. Founded in 2006, Bertram has managed over $4.0 billion in capital across six funds, investing in more than 150 acquisitions in sectors like business services, consumer, and industrial.
Sectors
- Private Equity
- Business Services, Consumer, and Industrial Sectors
Geography
- United States – Bertram Capital and its investments, including Ridgeline Roofing & Restoration and MSE Supplies, are based in the U.S., and its operations spread across states like Alabama, Georgia, and Arizona.
Industry
- Private Equity – Bertram Capital is a private equity firm managing funds for investments in lower middle market companies, making it a key player in this industry.
- Business Services, Consumer, and Industrial Sectors – These are the focus sectors for the investments from Bertram's funds, particularly with Ignite I, targeting businesses in these industries.
Financials
- $260M – Total capital commitments for Bertram Ignite I fund.
- $1.6B – Total capital commitments for Bertram Capital V fund.
- $4.0B – Total capital commitments managed by Bertram Capital across all funds since its inception.
Participants
Name | Role | Type | Description |
---|---|---|---|
Bertram Capital Management LLC | Private Equity Firm | Company | A middle-market private equity firm managing multiple funds, focusing on lower middle market investments. |
Ridgeline Roofing & Restoration | Investment Target | Company | A provider of residential re-roofing and restoration services in the Southeastern U.S. |
MSE Supplies | Investment Target | Company | A Tucson-based supplier of advanced materials, laboratory equipment, and associated services. |
Jeff Drazan | Founder and Managing Partner | Person | Founder and Managing Partner of Bertram Capital Management. |
Tom Beerle | Partner and Investment Lead for Ignite I | Person | Partner at Bertram Capital and investment lead for Ignite I. |
Kirkland and Ellis | Legal Advisor | Company | Fund formation counsel for Bertram's funds. |