One Rock Capital Successfully Raises $3.97 Billion for New Funds
Funding | Jul 07, 2025 | One Rock Capital
One Rock Capital Partners, a private equity firm focusing on value-oriented investing, announced that it has closed on $3.97 billion in capital commitments for its latest investment vehicles: One Rock Capital Partners IV and the debuting One Rock Emerald Fund aimed at the lower middle market. This marks the firm's largest fundraising achievement, beating their previous record of $2.01 billion in 2021. Founded in 2010 by Tony W. Lee and R. Scott Spielvogel, the firm seeks complex buyout opportunities across sectors such as chemicals, food and beverage manufacturing and distribution, specialty manufacturing, and business and environmental services in North America and Europe. Over its history, One Rock has invested in 67 companies, including platform investments and add-ons. The firm's strategy involves working with Operating Partners to identify and improve the operations of companies with unrealized potential. The recent funds aim to invest in such opportunities to sustain value creation at any economic cycle point, with new capital from diverse global institutions including public and private pensions, insurance companies, and family offices.
Sectors
- Private Equity
- Investment Management
- Business Services
Geography
- North America – One Rock Capital primarily targets investments in North America as part of its strategic focus.
- Europe – One Rock Capital is also actively seeking complex buyout opportunities in Europe.
Industry
- Private Equity – The article focuses on One Rock Capital Partners, a private equity firm that has recently closed a multi-billion dollar fundraising effort.
- Investment Management – One Rock Capital Partners deals with capital management and investment allocation in complex buyout opportunities.
- Business Services – One of the sectors One Rock targets is business services, indicating their interest in improving operational capabilities within this industry.
Financials
- $3.97 billion – The total capital commitments raised by One Rock Capital Partners for its new funds.
- $10 billion – The cumulative capital commitments managed by One Rock after the recent fundraising.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| One Rock Capital Partners, LLC | Private Equity Firm | Company | A private equity firm focused on value-oriented investments in complex buyouts across North America and Europe. |
| Tony W. Lee | Managing Partner | Person | Co-founder and Managing Partner of One Rock Capital Partners. |
| R. Scott Spielvogel | Managing Partner | Person | Co-founder and Managing Partner of One Rock Capital Partners. |
| Deepa Patil Madhani | Managing Director, Head of Investor Relations & Capital Formation | Person | Leads investor relations and capital formation at One Rock Capital Partners. |