Chicago-based Seven Hills Capital has closed its second fund at the $235 million hard cap, marking a significant milestone for the healthcare-focused private equity firm. The firm, founded in 2016, specializes in control equity investments exclusively in healthcare companies. McGuireWoods LLP provided legal counsel during the fundraising process.

Seven Hills targets provider services and non-reimbursement sectors, focusing on companies with $2 million to $50 million in revenue and $1 million to $20 million in EBITDA. The firm's flexible approach to investment sizes allows it to pursue opportunities across a broad spectrum of healthcare businesses. This second fund demonstrates continued investor confidence in Seven Hills' specialized healthcare investment strategy.

The successful fund closing positions Seven Hills to capitalize on opportunities in the evolving healthcare landscape. With $235 million in committed capital, the firm is well-equipped to pursue its strategy of acquiring and growing healthcare companies. This fundraise follows the firm's first fund and suggests a track record of delivering returns that has resonated with limited partners in the competitive private equity market.