M² recently made a $12M commitment to Comvest Investment Partners V, L.P., an $850 million special situations
fund formed by Comvest Investment Partners, a Florida-based private equity firm.
Comvest has an extensive history of executing complex transactions in the lower middle market. The Firm and its predecessor, Commonwealth Associates, L.P., have been active in this space for over 26 years. Commonwealth was co-founded by Michael S. Falk in 1988 and initially provided investment and merchant banking services to lower middle market public and private companies.
Comvest has since transitioned into a lower middle market alternative investment firm, and has also changed the leaders of the organization. The professionals who led Comvest IV beginning in 2010 and will lead Comvest V are Michael Falk, John Caple, Roger Marrero, and Tom Clark.
Comvest plans to invest in companies where there is a potential to drive operational and structural improvements.
These investments will be primarily in transitional growth, underperforming, or distressed companies operating in the Industrial, Business and Financial Services, Consumer Retail, Transportation and Logistics, and Healthcare sectors.