Falcata Capital LLC, a Houston-based private equity firm, announced the closing on its initial fund today. The fund closed at $1 billion of committed capital.
Falcata has already deployed capital from the first fund with the purchase of Xpressdocs in Fort Worth. Xpressdocs is a leading provider of brand management and direct marketing solutions for enterprises and franchises across a variety of industries, including real estate, health care, financial and professional services. Xpressdocs provids clients with ecommerce services, order fulfillment and tier one customer support. No price for the transaction was released.
Xpressdocs’ self-service, on-demand marketing platform provides options for employees, agents, dealers, and franchisees to customize and order a variety of products and services from print materials and promotional products, to email marketing, social media and mobile ads. At the same time, the platform helps enterprises maintain control over branding, quality of materials, and messaging, according to a Falcata news release.
“We welcome Xpressdocs to the Falcata family and look forward to investing in additional companies to complement Xpressdocs’ on-demand marketing platform and expand their business into new markets and new offerings,” said Robert Burnett, Falcata’s president and co-founder.
Falcata targets North American enterprise software and technology-enabled services companies across a spectrum of industries. Falcata typically seeks to invest between $50 and $200 million in companies with market-leading positions that can benefit from an infusion of capital, a focus on growth and profitability over the long term, and the Falcata team’s extensive experience in operating software and technology-enabled companies.
“We are pleased with the speed and support received from the investment community throughout the initial fund raising process,” said Burnett. “We have an experienced team at Falcata focused on identifying companies to add to the portfolio, and are eager to begin executing on our strategy.”
Falcata Capital is a private equity firm investing in software and technology-enabled service companies across a wide array of industries. www.FalcataCapital.com