Balance Point

Nassau Financial Group Closes Strategic Transaction and Capital Raise

Retrieved on: 
Monday, January 9, 2023
Professional Services, Insurance, Finance, Sidley Austin, CMBS, Golden Gate Capital, Paul, Weiss, Rifkind, Wharton & Garrison, P.C, Acquisition, Growth, AIC, Insurance, Investment, Kirkland & Ellis, Clos, Maynard, Cooper & Gale, AUM, Tetragon Financial Group, Bank, Risk management, Security (finance), Balance Point

Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.

Key Points: 
  • Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.
  • Founded in 2008 by Golden Gate Capital, AIC is a specialty credit investment firm that currently manages $3.6 billion in assets including its balance sheet capital of approximately $300 million.
  • “This transaction significantly strengthens Nassau’s financial profile, adding an incremental $300 million in capital and third-party fee earning AUM, in support of our growth plans,” said Phil Gass, Chairman and CEO of Nassau.
  • Kirkland & Ellis LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisors to Golden Gate Capital.

Balance Point Announces Follow-On Investment in Shift Paradigm

Retrieved on: 
Tuesday, December 6, 2022
Shift, National Balancing Point (UK), CX, Partnership, GCP, B2C, Balance, AI, B2B, Growth Catalyst Partners, ESPS, Marketing, Balance Point, Acquisition, Organization, Bank, Ergo

WESTPORT, Conn., Dec. 6, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated fund Balance Point Capital Partners II, L.P, is pleased to announce a follow-on investment in Shift Paradigm (the "Company").

Key Points: 
  • WESTPORT, Conn., Dec. 6, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated fund Balance Point Capital Partners II, L.P, is pleased to announce a follow-on investment in Shift Paradigm (the "Company").
  • Balance Point invested debt capital in support of Shift Paradigm's acquisition of Ergo, a world-class email marketing company based in New York City.Growth Catalyst Partners ("GCP"), a middle market private equity firm and majority owner of Shift Paradigm, led the transaction.
  • Justin Kaplan, Partner at Balance Point said, "We are pleased to continue our partnership with the Shift Paradigm and GCP teams, and we're excited to welcome the Ergo team to the platform.
  • Balance Point is an alternative investment manager focused on the lower middle market.

Balance Point Announces its Investment in CraneTech Inc.

Retrieved on: 
Monday, October 31, 2022
Partnership, Maintenance, Workplace, Industry, Balance Point, CA, Company, Growth, LLC, Financial adviser, Bank

WESTPORT, Conn., Oct. 31, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated fund, Balance Point Capital Partners IV, L.P., is pleased to announce its investment in CraneTech Inc. ("CraneTech" or the "Company"), a portfolio company of Steel River LLC ("Steel River").

Key Points: 
  • WESTPORT, Conn., Oct. 31, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated fund, Balance Point Capital Partners IV, L.P., is pleased to announce its investment in CraneTech Inc. ("CraneTech" or the "Company"), a portfolio company of Steel River LLC ("Steel River").
  • Balance Point delivered a comprehensive financing solution that provides meaningful capital to support the future growth of the business.
  • "We are pleased to partner with CraneTech and Steel River on this transaction," said Seth Alvord, Managing Partner at Balance Point.
  • Austin King, CraneTech CFO and Co-Founder of Steel River, said "We are thrilled to have Balance Point as a partner.

Balance Point Announces Kellyn Riccitelli has Joined the Firm as a Managing Director and Head of Investor Relations

Retrieved on: 
Wednesday, October 5, 2022
Solution, LLC, WhiteBoard Product Solutions, Balance Point, MBA, National Balancing Point (UK), Accounting, Bentley University, KPMG, Partnership, Certified Public Accountant, Leadership, Financial adviser, Bank, Kellyn

WESTPORT, Conn., Oct. 5, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of flexible capital to lower middle market companies, is pleased to announce that Kellyn Riccitelli has joined the firm as a Managing Director and Head of Investor Relations.

Key Points: 
  • WESTPORT, Conn., Oct. 5, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of flexible capital to lower middle market companies, is pleased to announce that Kellyn Riccitelli has joined the firm as a Managing Director and Head of Investor Relations.
  • "We are excited to have Kellyn join our team and lead our investor relations function," said Seth W. Alvord, Balance Point's Managing Partner.
  • Justin Kaplan, a partner at Balance Point, commented, "We are pleased to welcome Kellyn to the Balance Point platform.
  • Balance Point Capital Advisors, LLC (referred to herein as Balance Point Capital) is a registered investment advisor.

Sacks Parente Golf Opening Golf Shaft Manufacturing & Design Facility in St. Joseph, Missouri

Retrieved on: 
Monday, March 28, 2022
Golf, Vernier acuity, Growth, CEO, Carbon, Name, Balance, Industry, NXV, Science, SPG, Engineering, Balance Point, Amusement park

CAMARILLO, Calif., March 28, 2022 /PRNewswire-PRWeb/ -- Sacks Parente Golf Company (SPG), creators of exceptional putting instruments, announces that they are opening a golf shaft manufacturing and design facility into their operations. This new facility will be opened in St. Joseph, Missouri.

Key Points: 
  • Sacks Parente Golf Company (SPG), creators of exceptional putting instruments, announces that they are opening a golf shaft manufacturing and design facility into their operations.
  • CAMARILLO, Calif., March 28, 2022 /PRNewswire-PRWeb/ -- Sacks Parente Golf Company (SPG), creators of exceptional putting instruments, announces that they are opening a golf shaft manufacturing and design facility into their operations.
  • The addition of a golf shaft manufacturing facility will allow us to accelerate this development and growth," added Tim Triplett.
  • Sacks Parente Golf Company was founded by Steve Sacks and Richard Parente, a legendary duo of golf professionals, who as entrepreneurs have founded, built and grown some of the best names in golf.

Balance Point Announces its Investment in The Stable

Retrieved on: 
Thursday, February 10, 2022
DTC, Multimedia, Commerce, Acquisition, Efficiency, Growth Catalyst Partners, Balance Point, CEO, Stable group, Goal, Entrepreneurship, GCP, Creativity, BVA, Partnership, View, Net stable funding ratio, Stable, Walmart, LLC, Bank, Online shopping, Target, Amazon, Shopify

WESTPORT, Conn., Feb. 10, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated funds, Balance Point Capital Partners III, L.P., Balance Point Capital Partners IV, L.P., and Balance Point Capital Partners V, L.P., is pleased to announce its investment in The Stable Group, LLC ("The Stable"), a portfolio company of Growth Catalyst Partners ("GCP").

Key Points: 
  • WESTPORT, Conn., Feb. 10, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), in conjunction with its affiliated funds, Balance Point Capital Partners III, L.P., Balance Point Capital Partners IV, L.P., and Balance Point Capital Partners V, L.P., is pleased to announce its investment in The Stable Group, LLC ("The Stable"), a portfolio company of Growth Catalyst Partners ("GCP").
  • Balance Point provided a creative, flexible financing solution that facilitated The Stable's acquisition of two of the leading Shopify agencies, BVA and Zehner.
  • "We are very excited to partner with The Stable and GCP teams on this transaction," said Justin Kaplan, Partner at Balance Point.
  • Chad Hetherington, CEO and Co-Founder of The Stable, said "We are thrilled to have Balance Point as a partner.

Balance Point Capital Announces Investment Team Promotions

Retrieved on: 
Tuesday, January 25, 2022
University, GE Capital, Assistant, Bachelor of Business Administration, National Balancing Point (UK), Sigma, Master of Business Administration, CFA, Chief executive officer, Associate, Consumer, Bachelor of Arts in Applied Psychology, Investment, Senior, Cornell University, Methodist University, Southern Methodist University, Colgate University, Anadarko Petroleum, LBO valuation model, Credit Suisse, Duke University, LBO, Business administration, Paul Tudor Jones, Corporate services, Media, LLC, Partnership, Bank, Security (finance), Balance Point, Technology, Health care, Telecommunication

WESTPORT, Conn., Jan. 25, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of capital to lower middle market companies, is pleased to announce the promotions of Nathan Elliott to Senior Managing Director, Adam Sauerteig to Managing Director, Grant Groher to Senior Vice President and Dan Freshman to Vice President.

Key Points: 
  • WESTPORT, Conn., Jan. 25, 2022 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of capital to lower middle market companies, is pleased to announce the promotions of Nathan Elliott to Senior Managing Director, Adam Sauerteig to Managing Director, Grant Groher to Senior Vice President and Dan Freshman to Vice President.
  • Prior to rejoining Balance Point, Mr. Sauerteig worked as a Summer Associate in the Investment Banking Division of Lazard.
  • With approximately $1.7 billion in assets under management, Balance Point invests debt and equity capital in select lower middle market companies across a variety of investment vehicles.
  • Balance Point Capital Advisors, LLC (referred to herein as Balance Point) is a registered investment advisor.

Balance Point Capital Partners Announces Hiring of Amanda Meltzer, CPA, as Chief Financial Officer

Retrieved on: 
Monday, September 27, 2021
Tulane University, National Balancing Point (UK), Partnership, Balance Point, LLC, Growth, Certified Public Accountant, JLL Partners, Controller, KPMG, JLL, Business, Financial adviser, Bank

WESTPORT, Conn., Sept. 27, 2021 /PRNewswire/ --Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of flexible capital to lower middle market companies, is pleased to announce that Amanda Meltzer has joined the firm as its Chief Financial Officer.

Key Points: 
  • WESTPORT, Conn., Sept. 27, 2021 /PRNewswire/ --Balance Point Capital Advisors, LLC ("Balance Point"), a leading provider of flexible capital to lower middle market companies, is pleased to announce that Amanda Meltzer has joined the firm as its Chief Financial Officer.
  • Prior to JLL, Ms. Meltzer served as the Controller at Psilos, a healthcare-focused venture capital firm.
  • Balance Point Capital is an alternative investment manager focused on the lower middle market.
  • Balance Point Capital Advisors, LLC (referred to herein as Balance Point Capital) is a registered investment advisor.