Weil advised Agellus Capital, a lower middle-market private equity firm focused on partnering with essential, non-discretionary services companies, in the raising of its debut fund, Agellus Capital Private Equity Fund I, which recently held its final closing with total limited partner capital commitments of $400 million. The Fund was oversubscribed, surpassing its $350 million target and securing investor commitments in less than five months.

Agellus invests in the business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets, targeting initial platform investments of $2 million to $20 million of EBITDA. The firm seeks to drive transformational growth through complementary acquisitions and investments in talent, technology, and systems.

The Weil team was led by U.S. Private Funds Head Jonathon Soler and Private Funds partner Lana Castor and included Private Funds associates Adam Ofman, Micky Simon and Geneva Kotler; Private Funds Regulatory partner Chris Scully; and Tax partner Andrew Morris and associate Corey Spector.