Friedman Fleischer & Lowe

Flexpoint Ford Promotes Karan Sabharwal to Principal

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Flexpoint Ford ("Flexpoint"), a private equity investment firm specializing in the financial services and healthcare industries, announced today the promotion of Karan Sabharwal to Principal, effective immediately.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- Flexpoint Ford ("Flexpoint"), a private equity investment firm specializing in the financial services and healthcare industries, announced today the promotion of Karan Sabharwal to Principal, effective immediately.
  • We are thrilled to have Karan on our team as we continue to build toward the future," said Don Edwards, Chief Executive Officer and Founder of Flexpoint.
  • Karan Sabharwal joined the Flexpoint financial services team in 2023 as a Vice President.
  • Prior to joining Flexpoint, Karan worked at Waud Capital Partners, Golden Gate Capital and FFL Partners.

Hunt Scanlon Media to Host Private Equity and Venture Capital Recruiting Conference

Retrieved on: 
Wednesday, September 13, 2023

GREENWICH, Conn., Sept. 13, 2023 /PRNewswire/ -- Hunt Scanlon Media is convening hundreds of private equity and venture capital leaders, chief talent officers and executive recruiters to its 'Optimizing Talent for Growth' summit at the Julia Morgan Ballroom in San Francisco on October 18, 2023.

Key Points: 
  • GREENWICH, Conn., Sept. 13, 2023 /PRNewswire/ -- Hunt Scanlon Media is convening hundreds of private equity and venture capital leaders, chief talent officers and executive recruiters to its 'Optimizing Talent for Growth' summit at the Julia Morgan Ballroom in San Francisco on October 18, 2023.
  • "Private equity and venture capital firms face unique challenges in attracting top professionals to lead their portfolio companies through periods of innovation and growth," said Christopher W. Hunt, president of the media concern.
  • Hunt Scanlon's 'Private Equity and Venture Capital Recruiting Summit' series explores the pivotal role of human capital in driving success and growth during disruptive times.
  • Hunt Scanlon is drawing on the expertise of 17 private equity and venture capital leaders from a diverse group of companies, including GV (Google Ventures), Vista Equity Partners, General Catalyst, New Enterprise Associates, FFL Partners, Gryphon Investors, Generate Capital, Oaktree Capital Partners, Mainsail Partners, and Genstar Capital, among many others.

FFL Partners Completes Growth Investment in Johnson County Clin-Trials

Retrieved on: 
Monday, August 28, 2023

FFL Partners (“FFL”), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, announced today that it has completed an investment in Johnson County Clin-Trials (“JCCT” or “the Company”), a leading clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations (“CROs”).

Key Points: 
  • FFL Partners (“FFL”), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, announced today that it has completed an investment in Johnson County Clin-Trials (“JCCT” or “the Company”), a leading clinical research site platform serving pharmaceutical and biotechnology companies and contract research organizations (“CROs”).
  • The founders have cultivated a business that not only achieves, but consistently exceeds patient enrollment targets, effectively addressing a major pain point within clinical trials," stated Karen Winterhof, Partner at FFL.
  • "We're excited to partner alongside Nathan, Mazen, and the entire accomplished team at JCCT,” added Chris Harris, Managing Partner at FFL Partners.
  • “FFL's established track record of collaborating with founders to elevate and expand their enterprises positions us perfectly to contribute to JCCT's accelerated growth trajectory."

FFL Partners successfully exits investment in ProService

Retrieved on: 
Monday, May 22, 2023

FFL Partners (“FFL”), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, announced today that it has exited its investment in ProService (“ProService,” or “the Company”), a leading provider of bundled HR solutions.

Key Points: 
  • FFL Partners (“FFL”), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, announced today that it has exited its investment in ProService (“ProService,” or “the Company”), a leading provider of bundled HR solutions.
  • ProService grew by over 2.5x during FFL’s investment period, despite the challenges presented by the Covid pandemic.
  • “Our investment in ProService highlights the benefits of our focus on HR Services and our hyperspecialized Sector Exploration and Expertise Development (“SEED”) process,” added Jonathon Bunt, Partner at FFL.
  • In April, FFL announced that ALKU, a specialty staffing firm and 2019 FFL investment, had received a new majority investment, with FFL continuing as an investor.

ProService Welcomes Silver Lake as New Investment Partner

Retrieved on: 
Wednesday, May 17, 2023

ProService offers critical HR services including payroll, benefits, insurance, compliance, administrative and risk management services on a fully bundled basis.

Key Points: 
  • ProService offers critical HR services including payroll, benefits, insurance, compliance, administrative and risk management services on a fully bundled basis.
  • Silver Lake brings deep technology and industry expertise to support ProService in accelerating the company’s technology strategy and execution capabilities, driving the further enhancement of ProService’s solutions and services.
  • “We can imagine no better partner than Silver Lake as we continue to pursue our purpose of making it easier to be an employer in the markets we serve,” said Ben Godsey, President and CEO of ProService.
  • “The Silver Lake team is an amazing complement to ProService, bringing its excellence in product development and tech management to our HR and service expertise.”
    “ProService has truly mastered solving for employers’ needs, with comprehensive solutions for each local market,” said Lee Wittlinger, Managing Director at Silver Lake.

Summit Leadership Partners Announces Board of Advisors

Retrieved on: 
Tuesday, May 2, 2023

Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.

Key Points: 
  • Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.
  • The Board of Advisors will provide strategic direction and support to Summit as the company continues to deliver expert counsel and insights that help investors, boards, and CEOs drive business performance and create value through human capital.
  • “We are thrilled to welcome our new Board of Advisors,” said Summit founder and CEO Dan Hawkins .
  • The board will provide strategic and operational guidance to the Summit management team while supporting the continued market expansion efforts.

ALKU to Receive Majority Investment from New Mountain Capital

Retrieved on: 
Tuesday, April 25, 2023

ANDOVER, Mass., April 25, 2023 /PRNewswire/ -- ALKU, a leading specialty staffing firm, today announces a new majority investment from New Mountain Capital, a leading growth-oriented investment firm. Reinvesting alongside New Mountain are FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldridge, as well as ALKU management. The investment, which is expected to close in May, marks a major milestone for ALKU, which is projected to exceed $1 billion in revenue over the next few years.

Key Points: 
  • Investment from New Mountain – as well as reinvestment from FFL Partners, WestView Capital Partners, and ALKU management – supports ALKU on its plan to surpass $1 billion in revenue by 2025
    ANDOVER, Mass., April 25, 2023 /PRNewswire/ -- ALKU , a leading specialty staffing firm, today announces a new majority investment from New Mountain Capital, a leading growth-oriented investment firm.
  • Reinvesting alongside New Mountain are FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldridge, as well as ALKU management.
  • "This partnership supports the entrepreneurial spirit of ALKU and its employees, strengthening our growth path with the expertise of our partners," said ALKU Founder & CEO, Mark Eldridge.
  • Partnering alongside New Mountain is existing majority investor, FFL Partners, as well as WestView Capital Partners, which will be making its third investment in ALKU.

TSG Consumer Partners Announces Promotions

Retrieved on: 
Tuesday, December 20, 2022

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the promotions of Adam Hemmer to Managing Director (San Francisco), Alec Barnett (New York), Sam Pritzker (New York) and James Zelnick (San Francisco) to Principal, Alec Fogarty to Senior Vice President (San Francisco), Parker Brown to Vice President (New York) and Josh Ronson to Senior Associate (London).

Key Points: 
  • TSG Consumer Partners (“TSG”), a leading private equity firm, today announced the promotions of Adam Hemmer to Managing Director (San Francisco), Alec Barnett (New York), Sam Pritzker (New York) and James Zelnick (San Francisco) to Principal, Alec Fogarty to Senior Vice President (San Francisco), Parker Brown to Vice President (New York) and Josh Ronson to Senior Associate (London).
  • Prior to joining TSG, Mr. Hemmer was a consultant at Kurt Salmon, where he advised private equity and consumer products clients.
  • Alec Barnett joined TSG in 2016 and has worked with partner companies including Thrive Pet Healthcare, Mavis Discount Tire, Rough Country, and PowerStop, in addition to performing due diligence for TSG investments.
  • TSG Consumer Partners, LP is a leading private equity firm with approximately $20 billion in assets under management that partners with founders and management teams to build and accelerate growth for best-in-class consumer-facing businesses.

FFL Promotes Jonathon Bunt and Karen Winterhof to Partner

Retrieved on: 
Thursday, December 8, 2022

FFL Partners (FFL), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, today announced the promotions of Jonathon (Jon) Bunt and Karen Winterhof to Partner.

Key Points: 
  • FFL Partners (FFL), a private equity firm focused on growth investments in Healthcare and Tech-Enabled Services businesses, today announced the promotions of Jonathon (Jon) Bunt and Karen Winterhof to Partner.
  • Through these promotions, we are thrilled to recognize the invaluable contributions that Jon and Karen have made to our teams success, said Cas Schneller, Managing Partner at FFL.
  • Jon and Karen bring highly complementary experience and skillsets to FFL, and their promotions reflect the continued evolution of talent at FFL, founded 25 years ago, added Chris Harris, Managing Partner.
  • Karen Winterhof joined FFL in 2015 as a Senior Associate and focuses on the firms Healthcare Services investments.

Jasper Ridge Announces Hiring of Greg Ruiz to Expand Private Equity Leadership Team

Retrieved on: 
Thursday, October 27, 2022

Jasper Ridge Partners, a firm providing customized investment solutions for families, foundations and global institutions, announced today that Greg Ruiz will join the firm as a Partner in its private equity practice.

Key Points: 
  • Jasper Ridge Partners, a firm providing customized investment solutions for families, foundations and global institutions, announced today that Greg Ruiz will join the firm as a Partner in its private equity practice.
  • Greg brings to Jasper Ridge distinguished leadership experience, deep sector expertise and a fluent command of the broader investment landscape that will complement our robust internal team with the goal of delivering results for our clients.
  • Ruiz comes to Jasper Ridge Partners from the California Public Employees Retirement System (CalPERS), the nations largest pension fund, where he led the Private Equity program focused on private equity investments across a broad range of strategies and geographies.
  • On behalf of the firms global clients, the 20-person private equity and venture capital team at Jasper Ridge Partners deploys over $2.5 billion per year in new investments across primary funds, co-investments, direct investments, and secondary opportunities.