FundVintage 2025Updated May 23, 2025
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Maple Park Capital Partners Fund I

Maple Park Capital raises $125M in 3 months for debut fund targeting experiential service businesses in North America.

About This Fund

Maple Park Capital Partners Fund I is the inaugural fund launched by Maple Park Capital, a private equity firm established in December 2024 by former RedBird Capital Partners executives Alex Blankfein and Andrew Lauck. The fund achieved a first close of $125 million in March 2025, reaching half of its $250 million target within approximately 90 days—a notable accomplishment in a challenging fundraising environment for first-time funds.

The fund focuses on control-oriented investments in service businesses that benefit from the growing trend toward experiential consumer spending. Target sectors include multi-unit businesses, franchisors and franchisees, location-based entertainment, youth enrichment, travel and hospitality, and business services. Maple Park aims to invest equity amounts ranging from $25 million to $75 million or more in North American companies with EBITDA between $5 million and $20 million.

The firm's investment team brings a wealth of experience from their time at RedBird Capital Partners, where they co-led consumer services investments. Their track record includes investments in companies such as Main Event, a family entertainment center business, and Go Rentals, a luxury car rental provider. In January 2025, Maple Park announced its first investment: a majority growth investment in Rita’s Italian Ice & Frozen Custard, a franchised dessert concept with approximately 575 locations.

Fundraising Details

Currency
USD
First Close Date
Mar 15, 2025
First Close Amount
$125M
Total Raised to Date
$125M

Investment Criteria

Target Investment Size
$25M – $75M
Target EBITDA
$5M – $20M

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