Private equity secondary market

Fireman Capital Partners Announces Promotion of Devon Howard to Vice President

Retrieved on: 
Wednesday, August 14, 2019
Banking, Professional services, Finance, Private equity secondary market

Fireman Capital Partners (FCP), a consumer-focused private equity firm, today announced that it has promoted Devon Howard to Vice President.

Key Points: 
  • Fireman Capital Partners (FCP), a consumer-focused private equity firm, today announced that it has promoted Devon Howard to Vice President.
  • Devon has been a valuable member of the Fireman Capital Partners team since joining in 2015, said Dan Fireman, Managing Partner of FCP.
  • Devon has done a tremendous job identifying new investment opportunities and unlocking value at our portfolio companies, added Chris Akelman, Principal at FCP.
  • Fireman Capital Partners invests in consumer-focused companies through both growth equity and buyout transactions.

Signal Partners Announces Andrew Goodman as Partner to Lead the Boston Office

Retrieved on: 
Tuesday, August 13, 2019
Finance, Money, Economy, Investment, Financial markets, Corporate finance, Private equity, Private equity secondary market

LOS ANGELES, Aug. 13, 2019 /PRNewswire/ --Signal Partners, a nationwide search firm serving private equity sponsors and their portfolio companies, today announced that Andrew Goodman has joined the firm as Partner to lead the firm's Boston office.

Key Points: 
  • LOS ANGELES, Aug. 13, 2019 /PRNewswire/ --Signal Partners, a nationwide search firm serving private equity sponsors and their portfolio companies, today announced that Andrew Goodman has joined the firm as Partner to lead the firm's Boston office.
  • In this role, Mr. Goodman will assist investors and their portfolio companies to recruit force-multiplying leadership.
  • Mr. Goodman brings a unique set of experience as both an operator and a talent advisor.
  • Signal Partners is a nationwide search firm addressing the talent needs of growth- and private equity-backed companies.

Harbor Beach Capital Partners With Atlantic Southern Paving

Retrieved on: 
Monday, August 12, 2019
Professional services, Other Professional Services, Finance, Consulting, Accounting, Alternative investment management companies, Private equity firm, Private equity secondary market, Calera Capital, Spell Capital Partners

Harbor Beach Capital (Harbor Beach), a private equity firm focused on investing in middle market companies, is pleased to announce today that its affiliate has made an investment in Atlantic Southern Paving (ASP).

Key Points: 
  • Harbor Beach Capital (Harbor Beach), a private equity firm focused on investing in middle market companies, is pleased to announce today that its affiliate has made an investment in Atlantic Southern Paving (ASP).
  • The transaction was completed in partnership with ASPs Chief Executive Officer, Michael Curry, as well Aldine Capital Partners.
  • Harbor Beach partnered with Aldine Capital Partners and Enterprise Bank & Trust on the transaction.
  • Harbor Beach Capital is a private equity firm specializing in control investments in middle market companies.

Atlantic-Pacific Strengthens Secondary Advisory Capability

Retrieved on: 
Tuesday, August 6, 2019
Banking, Professional services, Finance, Finance, Money, Economy, Investment banks, Atlantic-Pacific Capital, Private placement agent, Investment banking, Private equity secondary market

Mr. Westerback, based in New York, leads the firms secondary advisory practice.

Key Points: 
  • Mr. Westerback, based in New York, leads the firms secondary advisory practice.
  • Mr. Westerback joins the firm with extensive experience in alternative investments and investment banking, including investing in and advising on complex secondary market transactions.
  • I was attracted to Atlantic-Pacific by its stellar reputation in the market, the strength and reach of its global platform, and the opportunity to build a world-class secondary advisory business, said Mr. Westerback.
  • Atlantic-Pacific Capital is one of the largest independent global placement agent and advisory firms dedicated to raising capital for alternative investments.

Pacific Avenue Capital Partners Adds Managing Director and Investment Committee Member, Jason Leach

Retrieved on: 
Monday, August 5, 2019
Professional services, Finance, Finance, Avenue Capital Group, Investment, Financial services, Private equity secondary market, Alternative investment management companies, Draft:ClearLight Partners, L.L.C., Draft:Skyview Capital, LLC

Pacific Avenue Capital Partners, LLC (Pacific), a Los Angeles-based private equity firm focused on special situations in the lower middle market, announces that Jason Leach has joined the firm.

Key Points: 
  • Pacific Avenue Capital Partners, LLC (Pacific), a Los Angeles-based private equity firm focused on special situations in the lower middle market, announces that Jason Leach has joined the firm.
  • Jason joins as a Managing Director and Investment Committee member, and will focus his efforts on deal sourcing, transaction execution, and portfolio operations.
  • Jason is a key addition to our growing team, said Chris Sznewajs, Founder and Managing Partner of Pacific Avenue Capital Partners.
  • Founded in 2017, Pacific Avenue Capital Partners (Pacific) is a Los Angeles-based private equity firm focused on corporate divestitures and other special situations in the lower middle market.

Vertex Group Announces Change in Ownership with DFW Capital Partners

Retrieved on: 
Thursday, August 1, 2019
Utilities, Technology, Software, Energy, Internet, Finance, Money, Economy, Corporate finance, Investment, Private equity, Private equity secondary market, Vertex, DFW Capital Partners

Vertex Group , a leader in utility Customer Information System (CIS) solutions, announced its acquisition by DFW Capital Partners, a leading private equity investment firm for middle-market companies.

Key Points: 
  • Vertex Group , a leader in utility Customer Information System (CIS) solutions, announced its acquisition by DFW Capital Partners, a leading private equity investment firm for middle-market companies.
  • We are thrilled to announce a new chapter at Vertex with DFW Capital Partners, said Andrew Jornod, CEO of Vertex Group.
  • DFW is thrilled to partner with Vertex and its management team at an exciting time in the utility industry.
  • DFW Capital Partners is a private equity investment firm focused on lower middle-market companies.

HCAP Partners Closes $150M SBIC Fund

Retrieved on: 
Wednesday, July 31, 2019
Finance, Money, Economy, Financial markets, Investment, Corporate finance, Private equity, Private equity secondary market

SAN DIEGO, July 31, 2019 /PRNewswire/ --HCAP Partners, a California-based private equity firm and recognized impact investor, today announced the final close of HCAP Partners IV, L.P. ("Fund") with total commitments at the Fund's hard cap of $150M.

Key Points: 
  • SAN DIEGO, July 31, 2019 /PRNewswire/ --HCAP Partners, a California-based private equity firm and recognized impact investor, today announced the final close of HCAP Partners IV, L.P. ("Fund") with total commitments at the Fund's hard cap of $150M.
  • HCAP Partners IV, L.P. was oversubscribed and includes a diverse investor base of both existing limited partners from previous funds and new limited partners, including leading foundations, family offices, and financial institutions.
  • HCAP Partners was founded in 2000 and is a provider of mezzanine debt and private equity for underserved, lower-middle market companies throughout California and the Western United States.
  • Partners Tim Bubnack and Frank Mora and Principals Nicolas Lopez and Hope Mago lead HCAP Partners' investment team.

Northstar Expands Presence - Opens New York City Office at 245 Park Avenue

Retrieved on: 
Tuesday, July 23, 2019
Brian Watson, Northstar Commercial Partners, Investment banking, Economy of the United States, Midtown Manhattan, Business, Financial services, Private equity secondary market, Hedge funds

DENVER, July 23, 2019 /PRNewswire/ -- Northstar Commercial Partners, a commercial real estate investment firm headquartered in Denver, Colorado, announced today the opening of their new East Coast office in New York City.

Key Points: 
  • DENVER, July 23, 2019 /PRNewswire/ -- Northstar Commercial Partners, a commercial real estate investment firm headquartered in Denver, Colorado, announced today the opening of their new East Coast office in New York City.
  • The building is located at 245 Park Avenue, New York, NY, and will house investment professionals dedicated to help forging institutional equity and debt relationships with banks, foundations, investment firms, family offices, and endowments throughout the world.
  • "Opening an office in New York is a natural extension for our firm's growth and execution," said Brian Watson, Founder and CEO of Northstar Commercial Partners.
  • Northstar's 245 Park Avenue office, located in Midtown Manhattan, provides access to hundreds of nearby investment firms already in the area.

Group Led by Founder, Chairman & CEO Stephan Crétier and BC Partners to Recapitalize GardaWorld in Transaction Valued at C$5.2 Billion

Retrieved on: 
Tuesday, July 23, 2019
Finance, Economy, Money, GardaWorld, BC Partners, Private equity, Stéphan Crétier, Private equity secondary market, Apax Partners

Following the transaction close, BC Partners will have a 51% common equity interest in GardaWorld while Stephan Crtier, together with select members of management, will hold 49%.

Key Points: 
  • Following the transaction close, BC Partners will have a 51% common equity interest in GardaWorld while Stephan Crtier, together with select members of management, will hold 49%.
  • Founded in 1995 by CEO Stephan Crtier, GardaWorld is the world's largest privately-owned security services company.
  • BC Partners is a leading international investment firm with over 22 billion of assets under management in private equity, private credit and real estate.
  • Today, BC Partners executives operate across markets as an integrated team through the firm's offices in North America and Europe.

Group Led by Founder, Chairman & CEO Stephan Crétier and BC Partners to Recapitalize GardaWorld in Transaction Valued at C$5.2 Billion

Retrieved on: 
Tuesday, July 23, 2019
Finance, Economy, Money, GardaWorld, BC Partners, Private equity, Stéphan Crétier, Private equity secondary market, Apax Partners

Following the transaction close, BC Partners will have a 51% common equity interest in GardaWorld while Stephan Crtier, together with select members of management, will hold 49%.

Key Points: 
  • Following the transaction close, BC Partners will have a 51% common equity interest in GardaWorld while Stephan Crtier, together with select members of management, will hold 49%.
  • Founded in 1995 by CEO Stephan Crtier, GardaWorld is the world's largest privately-owned security services company.
  • BC Partners is a leading international investment firm with over 22 billion of assets under management in private equity, private credit and real estate.
  • Today, BC Partners executives operate across markets as an integrated team through the firm's offices in North America and Europe.