FundVintage 2024Updated Mar 13, 2024
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4×4 Fund III

4×4 Fund III ($365M) is a North American mid-market buyout fund by 4×4 Capital, targeting consumer products, services, and industrials.

About This Fund

4×4 Fund III is the third flagship buyout fund raised by 4×4 Capital, a New York-based middle-market private equity firm founded in 2018. The firm was established by Alex Medicis, Paulo Macedo, and Rafael Teixeira, with a concentrated investment strategy focused on the US consumer and consumer-adjacent market. According to an amended SEC Form D filing submitted in October 2024, 4×4 Fund III recorded a total offering of approximately $365 million, making it the largest vehicle in the firm's fund family to date. Aggregate committed capital across all 4×4 Capital funds reached $675 million with over $2 billion in enterprise value transacted as of early 2026.

The fund pursues a control-oriented buyout strategy targeting middle-market companies across the consumer products, consumer services, and industrial sectors in North America. 4×4 Capital invests equity checks in the $100–500 million range, seeking majority or 100% acquisition positions in businesses where active ownership and operational improvement can drive outperformance. The firm's sector-specialist approach allows the investment team to leverage deep knowledge across branded consumer, food and nutrition, and consumer-adjacent industrial platforms to identify and build scalable businesses.

Prior funds in the 4×4 Capital family demonstrated this sector depth: 4×4 Fund I was dedicated to the healthy snacking and nutrition space, while 4×4 Fund II focused on building a frozen food platform. Portfolio investments by the firm include Yelloh (formerly Schwan's Home Delivery), one of the largest door-to-door frozen food delivery services in the United States, and 1440 Foods, an active nutrition platform holding brands such as Pure Protein, Met-RX, Body Fortress, FitCrunch, and Balance Bar. 4×4 Fund III continues this investment thesis, targeting the next generation of consumer and industrial platform businesses in the US middle market.

Fundraising Details

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