Highland Rim Capital Closes First Fund Above Target at $208 Million

Highland Rim Capital Closes First Fund Above Target at $208 Million

NASHVILLE, Tennessee, December 17, 2025 - Highland Rim Capital ("Highland Rim" or the "Firm"), a Nashville based lower middle market private equity firm, today announced the final close of its debut private equity fund, Highland Rim Capital Partners (the "Fund").

The Fund exceeded its target, closing on $208 million of capital commitments from a diverse investor group, including leading asset managers, pensions, foundations, family offices, insurance companies, and endowments.

Founded by Chris Godwin, Mark Isaacs, and Matt Lane, Highland Rim is focused on partnering with experienced management teams operating manufacturing, value-add distribution and business services companies, primarily based in the Southeast and Midwest.

Chris, Mark, and Matt have worked together for over 16 years and are joined by Lamar Stanley and Kevin Hinkamper, focused on business development and portfolio operations, respectively, along with Jack Jeffrey, a Vice President on the team. Since May 2024, Highland Rim has invested in three companies, Associated Adjusters, I-Deal Optics, and Corporate Living.

Chris, Mark, and Matt, collectively commented on the recent fund closing, "We appreciate the support of our limited partners and the positive reception of our inaugural fund. We are thrilled to launch Highland Rim Capital alongside talented individuals and partners with whom we've worked for many years."

"Highland Rim's differentiated approach to partnering with management teams resonated well with investors, who also appreciated the team's consistency and experience over several economic cycles" said Chris Maduri, Global Co-Head and Managing Director at Eaton Partners, a Stifel company. "We greatly value our partnership with the Highland Rim team and are pleased to have contributed to this successful outcome."

Eaton Partners, a Stifel Company, served as the exclusive placement agent and Choate, Hall & Stewart served as legal counsel for the Fund.

About Highland Rim Capital

Highland Rim Capital, L.P. is a private equity firm focused on partnering with proven management teams within established lower middle market businesses throughout the United States. The firm's investment approach emphasizes supporting management through strategic growth initiatives and operational improvements. Highland Rim seeks to preserve the legacy and culture of the businesses in which it invests, making it an attractive partner for both business owners and management. Highland Rim Capital's principals have worked and invested together since 2008 and collectively executed or managed 40 platform acquisitions.