Genstar

Genstar Promotes Matt McCabe and Dominic Martellaro To Director

Retrieved on: 
Monday, March 18, 2024
Deutsche Bank, Consumer, Associate, Corporate services, SAN, Harvard Business School, Software, Credit Suisse, MBA, Investment, Genstar Capital, Loyola University Chicago, Genstar, Loyola University, Management

SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, industrials, software, and healthcare industries, today announced the promotions of Matt McCabe and Dominic Martellaro to Director.

Key Points: 
  • SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, industrials, software, and healthcare industries, today announced the promotions of Matt McCabe and Dominic Martellaro to Director.
  • Mr. McCabe originally joined Genstar Capital in 2016 as an Associate and re-joined the firm in 2019 as Vice President after serving as Chief of Staff at Alera Group (a Genstar portfolio company).
  • Prior to joining Genstar, Matt was an investment banking Associate in the Industrials and Business Services Group at Credit Suisse.
  • Mr. Martellaro originally joined Genstar as an Associate in 2014 and re-joined the firm in 2019 as a Vice President after receiving his MBA.

KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

Retrieved on: 
Friday, February 16, 2024
Professional Services, Finance, Acquisition, Genstar Capital, Transport, KKR, Partner, Lead arranger, Genstar

KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet.

Key Points: 
  • KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet.
  • With the Safe Fleet acquisition, Clarience Technologies adds a comprehensive set of complementary fleet safety solutions including video and evidence management, collision prevention, violation detection and trailer temperature control, as well as cargo storage systems, fire-fighting technologies, and other solutions.
  • KKR’s credit vehicles and accounts have been investors in both Safe Fleet and Clarience since 2018 and 2019, respectively.
  • “We look forward to supporting Clarience, Safe Fleet and Genstar teams as they capitalize on opportunities ahead.”

OHA is a Joint Lead Arranger of Private Unitranche Financing for Clarience Technologies’ Acquisition of Safe Fleet

Retrieved on: 
Thursday, February 15, 2024
BMO Capital Markets, Acquisition, Growth, Oak Hill Capital Partners, Original equipment manufacturer, OHA, Sale, Genstar, Partnership, Financial services

New York, New York, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger to support the acquisition of Safe Fleet by Genstar-backed Clarience Technologies (“Clarience”).

Key Points: 
  • New York, New York, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as a Joint Lead Arranger to support the acquisition of Safe Fleet by Genstar-backed Clarience Technologies (“Clarience”).
  • Clarience and Safe Fleet are leading manufacturers of mission-critical safety related products serving a variety of vehicle end-markets, including buses, trucks, emergency and commercial vehicles.
  • OHA received one of the largest allocations of the multi-billion-dollar unitranche facility used to finance the acquisition and refinance existing debt.
  • OHA has deep knowledge of this industry, having first invested in Safe Fleet in 2018 in the syndicated market when Oak Hill Capital Partners acquired the company.

Altamont Capital Partners Announces Billy Medof as Operating Partner to Support Firm's Packaging Industry Investments

Retrieved on: 
Thursday, February 8, 2024
Koch Industries, Army, Corrugated, Partnership, GPO, MRO, Software, Columbia University, GE Capital, Delta Air Lines, E-commerce, Chase Beeler, PALO, Genstar, Automation, Citigroup, United States service academies, GP, MBA, Georgia-Pacific, Management

PALO ALTO, Calif., Feb. 8, 2024 /PRNewswire/ -- Altamont Capital Partners (Altamont) today announced that Billy Medof has joined the firm as an Operating Partner.

Key Points: 
  • PALO ALTO, Calif., Feb. 8, 2024 /PRNewswire/ -- Altamont Capital Partners (Altamont) today announced that Billy Medof has joined the firm as an Operating Partner.
  • In his new role, Billy will accelerate Altamont's investment thesis within the corrugated packaging industry, drawing on his nearly 20 years of executive leadership experience in the industry.
  • Billy's industry expertise will allow Altamont to dedicate new focus and capabilities to the pursuit of partnerships in a growing and sustainable industry.
  • "I'm looking forward to working closely with Altamont as they continue building world-class businesses, particularly within the corrugated packaging market," said Billy.

Numerix Acquires PolyPaths, Expanding Market Expertise in Structured Finance & Fixed Income

Retrieved on: 
Wednesday, August 2, 2023
Slate, LLP, DNA, Senior, Risk management, RBC Capital Markets, Name, ALM, Jefferies Group, Acquisition, Skadden, Arps, Slate, Meagher & Flom, Willkie Farr & Gallagher, Genstar Capital, Genstar, Growth, Front, Insurance, Management, Numerix

NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions.

Key Points: 
  • PolyPaths brings a wealth of expertise in structured finance and fixed income products, complementing Numerix's existing capabilities and further extending its analytics asset class coverage, confirming Numerix's position as a leading provider of pricing and risk management solutions.
  • This new sector of growth presents exciting opportunities for Numerix to serve a broader range of clients and deliver even greater value to the market.
  • Manny Conti, CEO of Numerix, expressed his excitement about the acquisition, stating, "The acquisition of PolyPaths marks a pivotal milestone for Numerix as it expands our market expertise in structured finance and fixed income.
  • Jefferies LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Numerix.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity for the Second Quarter and Last Twelve Months 2023

Retrieved on: 
Tuesday, August 1, 2023
Asset Management, Professional Services, Finance, Insurance, Bookrunner, Risk management, Alpine, Convera Corporation, Yellowwood, Triple-S Management Corporation, Silver, Baupost Group, SMB, HVAC, Acquisition, Goldfinch, Fusion Global Business Solutions, Genstar, SEER, Ares, Bank, Northwinds, Towne Park

Below is a description of selected transactions that Ares closed during the second quarter.

Key Points: 
  • Below is a description of selected transactions that Ares closed during the second quarter.
  • Ares served as a lender for an incremental senior secured credit facility to support Alpine Investors’ continued growth plans for Apex Service Partners.
  • Ares served as the administrative agent and lead arranger and bookrunner for a senior secured credit facility to support Brinkmere Capital’s continued growth plans for Certified Power.
  • Ares served as the administrative agent for a senior secured credit facility to support Vobev’s continued growth plans.

Enverus crosses $500M ARR threshold

Retrieved on: 
Wednesday, July 12, 2023
Software as a service, Hellman & Friedman, Research, ARR, Natural gas, Artificial intelligence, Growth, ESG, Hellman, Renewable energy, Genstar

AUSTIN, Texas, July 12, 2023 /PRNewswire/ -- Enverus, the most trusted energy-dedicated SaaS company, announced today that it has surpassed $500 million in annual recurring revenue (ARR).

Key Points: 
  • AUSTIN, Texas, July 12, 2023 /PRNewswire/ -- Enverus, the most trusted energy-dedicated SaaS company, announced today that it has surpassed $500 million in annual recurring revenue (ARR).
  • Enverus is trusted across the entire energy ecosystem — from renewables to oil and gas, financial institutions, and power and utilities.
  • "Enverus has become the most widely adopted platform in the industry thanks to our focus on being a single source of truth in energy," said Jeff Hughes, CEO of Enverus.
  • Since the transaction, Enverus has seen more than 77% growth in its power and renewables offerings and 31% in new products such as Enverus Fusion® Connect.

ACA Group Appoints Patrick Olson as Chief Executive Officer

Retrieved on: 
Tuesday, May 23, 2023
Consulting, Legal, Professional Services, Finance, Olson, Genstar, Senior advisor, BlackRock, Growth, Merrill (company), ACA, GRC, Risk, Management

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced the appointment of Patrick Olson as Chief Executive Officer and member of the Board of Directors.

Key Points: 
  • ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced the appointment of Patrick Olson as Chief Executive Officer and member of the Board of Directors.
  • Olson succeeds former CEO Shvetank Shah, who had led the company since January 2020, and will serve as a Senior Advisor.
  • He joins ACA having previously held significant leadership roles over a 17-year career with BlackRock, the world’s largest asset manager.
  • Patrick Olson, Chief Executive Officer, ACA, said: “I am truly excited and honored to be joining ACA at this time of exceptional opportunity.

Orion Appoints Charles Goldman as Executive Chair of the Board

Retrieved on: 
Monday, May 15, 2023
Fintech, Accounting, Professional Services, Finance, Goldman, University, Investment, The Wonderful Company, EVP, Innovation system, MBA, Multimedia, Fidelity Investments, Manager, Genstar, Bain & Company, American Mountain Guides Association, Financial adviser

Orion Advisor Solutions , the premier provider of transformative wealthtech solutions for fiduciary advisors, today announced that Charles Goldman has been appointed as Executive Chair of the company's Board of Directors, effective May 15, 2023.

Key Points: 
  • Orion Advisor Solutions , the premier provider of transformative wealthtech solutions for fiduciary advisors, today announced that Charles Goldman has been appointed as Executive Chair of the company's Board of Directors, effective May 15, 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230515005286/en/
    Orion Advisor Solutions appointed Charles Goldman as Executive Chair of the Board, effective May 15, 2023.
  • (Photo: Business Wire)
    “We are thrilled to have Charles as our new Executive Chair of the Board,” said Eric Clarke, founder and CEO of Orion.
  • “I am honored to be named Executive Chair of the Board of Orion Advisor Solutions,” said Goldman.

Numerix Names Emanuele Conti CEO

Retrieved on: 
Monday, May 8, 2023
Opus, University of Chicago Booth School of Business, Partnership, Bradstreet, Dun, Business, Risk management, Bowling Green State University, Dun & Bradstreet, Organization, Business administration, Risk, University, Kroll, Genstar, Genstar Capital, Growth, Development, Master of Business Administration, Management, Numerix

NEW YORK, May 8, 2023 /PRNewswire/ -- Numerix , a leader in capital markets risk management technology, today announced the appointment of experienced executive Emanuele "Manny" Conti as Chief Executive Officer.

Key Points: 
  • NEW YORK, May 8, 2023 /PRNewswire/ -- Numerix , a leader in capital markets risk management technology, today announced the appointment of experienced executive Emanuele "Manny" Conti as Chief Executive Officer.
  • Mr. Conti succeeds Steve O'Hanlon who has led the company for over 21 years and will become Vice Chairman.
  • "I would like to express my gratitude to the entire Numerix family for their hard work and dedication building Numerix into a leading global financial technology company and brand.
  • Manny Conti is an experienced leader in the financial technology space, and his broad experience as a CEO and board member makes him a valuable addition to the Numerix team in its next phase of growth.