The prominent later-stage growth company investor ABS Capital Partners, which focuses chiefly on four growth sectors, namely business services, healthcare, media and communications, and software, has closed a $420 million ABS VI – its sixth fund. Ever since its inception in 1990, the company that teams with market leaders to deliver strong returns to investors, has raised $2 billion.

ABS essentially partners with CEOs of the best later-stage growth companies to take them to their next critical stage of success – be it a winning IPO, or a rewarding sale, or else creation of significant long-term value!

The ABS VI, with its limited partners being long-time investors in earlier funds, has already invested in four companies: the digital out-of-home media company - Zoom Media; key online auction marketplace for wholesale surplus and salvage assets - Liquidity Services; foremost provider of mobile sales force automation solutions for retail execution - O4 Corporation; and wireless communications tower company - Tarpon Towers.

Saying that ABS’ partners are extremely experienced at working with growth companies, Phil Clough, Managing General Partner of ABS Capital added: “We are glad that limited partners continue to be enthusiastic about our strategy and share our view that it is a good time to invest. We look forward to continuing to find interesting growth companies and work with the CEOs and their teams to fully realize their opportunity.”