Corbel Capital Partners, a private investment firm providing capital to lower middle market companies, closed Corbel Equity Partners SBIC (CEP III). With over $200 million in capital commitments, CEP III is another partnership with the Small Business Administration (SBA).

CEP III will build upon and leverage the broader Corbel platform to provide equity capital ranging from $10 – $25 million for growth and buyout investments for companies under $20 million in EBITDA.

“We’re honored to be one of the first managers the SBA has approved for their new equity accrual fund program,” Jeff Schwartz, managing partner of Corbel, said. “This is our third license from the SBA, which demonstrates our commitment to supporting businesses in the lower middle market and provides an additional vehicle to partner with independent sponsors, private equity sponsors, entrepreneurs and management teams to finance and support growth in their companies.”