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Cohere Capital Closes Fund II, Partners with TPG

Jan 20, 2025•6 months ago

Contract Type

partnership

BostonAngel InvestmentVenture CapitalFinanceFinancial Services

Description

Cohere Capital Partners has closed Cohere Capital Fund II, at over $215M and received a strategic minority investment from TPG NEXT, TPG’s strategy focused on seeding and scaling new investment firms. Through its partnership with TPG NEXT, Cohere will gain access to TPG’s network, operational and investment capabilities, and ecosystem to support strategic business building and expansion.

Company Information

Company

Cohere Capital Partners

Location

Boston, Massachusetts, United States

About

Cohere Capital Partners is a Boston, MA-based private equity firm focused on investing in tech-enabled lower middle market companies. It supports a portfolio of companies across various sectors and primarily targets recapitalizations and growth investments in rapidly growing technology-enabled services companies.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months