Wayne has emerged as a thriving hub for private equity firms, attracting top-tier investors like Comvest Partners, Trivest Partners, and Sun Capital Partners. These firms leverage the city’s strategic location, robust financial infrastructure, and access to diverse talent pools. Their investment strategies span multiple sectors, driving economic growth and innovation. For professionals seeking to connect with industry leaders and explore exciting opportunities in private equity, join our community at alexejpikovsky.com/community.
Comvest Partners
Investment Style: Comvest Partners focuses on providing equity and debt capital to middle-market companies across various industries. They engage in growth equity, buyouts, and recapitalization transactions, offering flexible capital solutions to portfolio companies.
Portfolio Companies: Comvest Partners has invested in companies such as Clean Earth (environmental services), HealthDrive (healthcare services), Lasko Products (consumer products), and Central Medical Supply Group (medical supply distribution).
Founding Date: 2000
Number of Investment Professionals: Approximately 60
Assets Under Management: Approximately $12.9 billion
Key Investment Professionals:
- Michael Falk, Managing Partner: Leads Comvest’s strategic vision and investment activities.
- Robert O’Sullivan, Senior Partner: Focuses on sourcing and executing investment opportunities, particularly in healthcare and consumer sectors.
- Mark Young, Partner: Specializes in managing and adding value to portfolio investments through operational improvements.
Recent Exits:
- Exited its investment in D&S Community Services, a residential and community-based services provider for individuals with intellectual and developmental disabilities, to H.I.G. Capital.
- Sold HealthDrive, a provider of healthcare services to residents of long-term care facilities, to Bain Capital Double Impact.
Recent Acquisitions:
- Acquired ClearOne Advantage, a provider of debt settlement services.
- Invested in Engage2Excel, a provider of employee recognition and engagement solutions.
Office Locations:
- West Palm Beach (Headquarters): West Palm Beach, Florida
- Additional Offices: Chicago, Los Angeles, New York
Website: www.comvest.com
Quote: “Our firm is differentiated by our collaborative approach and the depth of our operational expertise, which allow us to partner effectively with management teams to drive growth and enhance value.” – Michael Falk, Managing Partner
Trivest Partners
Investment Style: Trivest Partners specializes in investing in founder-owned businesses, focusing on growth capital, recapitalizations, and buyouts. They emphasize creating value through operational improvements and strategic growth initiatives.
Portfolio Companies: Trivest Partners’ portfolio includes businesses like Oil Changers (oil change services), National Car Wash Solutions (car wash solutions), and CEI (telecom data services).
Founding Date: 1981
Number of Investment Professionals: Over 50
Assets Under Management: Approximately $2.4 billion
Key Investment Professionals:
- Troy Templeton, Managing Partner: Leads firm strategy and directs investment activities, with significant experience in guiding founder-led businesses through growth and operational transitions.
- Jaime D’Almeida, Partner: Specializes in working with portfolio companies to develop strategic growth plans and operational improvements.
- David Gershman, Partner: Focuses on sourcing and executing investments, particularly in the consumer and business services sectors.
Recent Exits:
- Exited its investment in Jon-Don, a supplier of commercial cleaning supplies and equipment, through a sale to Incline Equity Partners.
- Sold Pelican Water Systems, a provider of water filtration systems, to Pentair.
Recent Acquisitions:
- Acquired Advanced Diabetes Supply, a distributor of diabetes supplies and continuous glucose monitors.
- Invested in Oil Changers, enhancing their position in the fast-lube market.
Office Locations:
- Coral Gables (Headquarters): Coral Gables, Florida
- Additional Office: Fort Lauderdale
Website: www.trivest.com
Quote: “Our unique focus on founder-owned businesses allows us to offer flexible and patient capital solutions tailored to meet the specific needs of those companies.” – Troy Templeton, Managing Partner
Sun Capital Partners
Investment Style: Sun Capital Partners is known for investing in market-leading companies in industries such as business services, healthcare, consumer, and industrials. They focus on operational improvements and growth strategies to enhance value in portfolio companies.
Portfolio Companies: Sun Capital’s portfolio includes companies like Aclara Technologies (communications infrastructure), Horizon Services (residential HVAC services), and AMES Taping Tools (drywall finishing tools).
Founding Date: 1995
Number of Investment Professionals: Over 200
Assets Under Management: Approximately $14 billion
Key Investment Professionals:
- Marc Leder, Co-CEO: Oversees the firm’s strategic direction and investment activities, focusing on identifying opportunities for value creation.
- Rodger Krouse, Co-CEO: Co-leads the firm and specializes in enhancing the operational performance of portfolio companies.
- Dan Florian, Managing Director: Focuses on sourcing new investments and driving value creation in the consumer sector.
Recent Exits:
- Exited its investment in AMES Taping Tools, a provider of drywall finishing tools, through a sale to GMS Inc.
- Sold Vaupell Holdings, a manufacturer of high-performance polymer solutions, to Sumitomo Bakelite Co.
Recent Acquisitions:
- Acquired ClearChoice Holdings, a network of dental implant centers.
- Invested in Horizon Services, expanding their footprint in residential HVAC services.
Office Locations:
- Boca Raton (Headquarters): Boca Raton, Florida
- Additional Offices: Los Angeles, New York, London
Website: www.suncappart.com
Quote: “We distinguish ourselves by being experienced operators who focus on driving operational improvements and strategic growth within our portfolio companies.” – Marc Leder, Co-CEO
H.I.G. Capital
Investment Style: H.I.G. Capital specializes in providing both equity and debt capital to small and mid-sized companies, with a focus on leveraged buyouts, distressed investments, and growth capital investments. The firm targets a wide range of industries including technology, healthcare, and industrials.
Portfolio Companies: H.I.G. Capital’s portfolio includes businesses such as Surgery Partners (healthcare services), Vantage Specialty Chemicals (specialty chemicals), and Nutritional Medicinals (medical nutrition products).
Founding Date: 1993
Number of Investment Professionals: Over 500
Assets Under Management: Over $49 billion
Key Investment Professionals:
- Sami Mnaymneh, Co-Founder and Co-CEO: Focuses on the firm’s strategic growth and investment activities, leveraging his extensive experience in private equity.
- Tony Tamer, Co-Founder and Co-CEO: Specializes in overseeing the firm’s operational improvements and value creation strategies across portfolio companies.
- Brian Schwartz, Executive Managing Director: Plays a pivotal role in the firm’s investment strategies, particularly in the technology and healthcare sectors.
Recent Exits:
- Exited its investment in Surgery Partners, a healthcare services provider, through a secondary offering.
- Sold Vantage Specialty Chemicals, a specialty chemicals manufacturer, to an affiliate of The Jordan Company.
Recent Acquisitions:
- Acquired Nutritional Medicinals, a manufacturer of medical nutrition products.
- Invested in Safe Fleet, a provider of fleet safety solutions.
Office Locations:
- Miami (Headquarters): Miami, Florida
- Additional Offices: Boston, New York, San Francisco, Atlanta, London, Hamburg, Paris, Madrid, Milan, São Paulo, Bogotá, and Rio de Janeiro
Website: www.higcapital.com
Quote: “Our strength lies in our ability to identify unique opportunities and execute complex transactions, all while maintaining a strong focus on operational improvements and value creation.” – Sami Mnaymneh, Co-Founder and Co-CEO
Genstar Capital
Investment Style: Genstar Capital focuses on investing in middle-market companies across targeted sectors including financial services, healthcare, industrial technology, and software. Their approach emphasizes partnering with management teams to drive growth and operational improvements.
Portfolio Companies: Genstar Capital’s portfolio includes businesses such as Advarra (clinical trial services), Apex Group (financial services), and Drillinginfo (energy data services).
Founding Date: 1988
Number of Investment Professionals: Over 100
Assets Under Management: Approximately $49 billion
Key Investment Professionals:
- Jean-Pierre Conte, Chairman and Managing Director: Focuses on strategic direction and firm growth, with a strong track record in driving value creation across portfolio companies.
- Eli Weiss, Managing Director: Specializes in identifying investment opportunities in the software and technology sectors.
- Geoff Miller, Managing Director: Concentrates on investments in the healthcare sector, bringing operational and strategic expertise.
Recent Exits:
- Exited its investment in Drillinginfo, an energy data analytics company, through a sale to Insight Venture Partners.
- Sold Boyd Corporation, a provider of engineered materials and thermal management solutions, to Goldman Sachs Merchant Banking Division.
Recent Acquisitions:
- Acquired Advarra, expanding their presence in the clinical trial services industry.
- Invested in Apex Group, enhancing their footprint in the financial services sector.
Office Locations:
- San Francisco (Headquarters): San Francisco, California
- Additional Offices: New York, London, Toronto
Website: www.gencap.com
Quote: “We distinguish ourselves by collaborating with exceptional management teams and leveraging our deep industry expertise to drive transformative growth in our portfolio companies.” – Jean-Pierre Conte, Chairman and Managing Director
Charlesbank Capital Partners
Investment Style: Charlesbank Capital Partners focuses on management-led buyouts and growth capital investments in middle-market companies. They emphasize working closely with management teams to create long-term value through strategic growth and operational improvements.
Portfolio Companies: Charlesbank Capital’s portfolio includes companies such as Tecomet (medical technology), Polyconcept (promotional products), and DEI Holdings (consumer electronics).
Founding Date: 1998
Number of Investment Professionals: Over 60
Assets Under Management: Approximately $15 billion
Key Investment Professionals:
- Michael Eisenson, Co-Founder and Managing Director: Guides the firm’s strategic direction and investment activities, leveraging his extensive private equity experience.
- Brandon L. White, Managing Director: Focuses on investments in the industrial and consumer sectors, bringing operational and strategic expertise.
- Josh Beer, Managing Director: Specializes in technology and media investments, driving innovation and growth across portfolio companies.
Recent Exits:
- Exited its investment in DEI Holdings, a consumer electronics company, through a sale to Masimo Corporation.
- Sold Tecomet, a medical technology company, to a consortium of private equity investors.
Recent Acquisitions:
- Acquired Polyconcept, enhancing their footprint in the promotional products industry.
- Invested in HDT Global, a provider of highly engineered solutions for extreme environments.
Office Locations:
- Boston (Headquarters): Boston, Massachusetts
- Additional Office: New York
Website: www.charlesbank.com
Quote: “Our collaborative approach and deep industry expertise enable us to work alongside management teams to drive growth and value creation in our portfolio companies.” – Michael Eisenson, Co-Founder and Managing Director
Summit Partners
Investment Style: Summit Partners focuses on growth equity investments, venture capital, and credit investments in technology, healthcare, and other growth sectors. Their investment approach emphasizes partnering with management teams to accelerate growth and enhance operational performance.
Portfolio Companies: Summit Partners’ portfolio includes businesses such as Brooklinen (luxury bedding), Healthline Media (health information services), and A Cloud Guru (cloud computing education).
Founding Date: 1984
Number of Investment Professionals: Over 100
Assets Under Management: Approximately $40 billion
Key Investment Professionals:
- Peter Y. Chung, Managing Director and CEO: Leads firm strategy and oversees investment activities, with a focus on growth sectors.
- Harrison Miller, Managing Director: Specializes in growth investments in the technology sector, helping companies scale and innovate.
- Michael Anderson, Managing Director: Focuses on healthcare investments, driving strategic growth initiatives across portfolio companies.
Recent Exits:
- Exited its investment in A Cloud Guru, a cloud computing education platform, through a sale to Pluralsight.
- Sold DentalPro, a dental clinic operator, to BC Partners.
Recent Acquisitions:
- Acquired Brooklinen, expanding their presence in the luxury home goods sector.
- Invested in Healthline Media, enhancing their portfolio in the digital health information space.
Office Locations:
- Boston (Headquarters): Boston, Massachusetts
- Additional Offices: Menlo Park, London
Website: www.summitpartners.com
Quote: “Our focus on partnering with exceptional growth companies and leveraging our extensive resources and expertise drives transformative growth and value creation for our portfolio companies.” – Peter Y. Chung, Managing Director and CEO
Palladium Equity Partners
Investment Style: Palladium Equity Partners specializes in investing in middle-market companies with a focus on businesses targeting the Hispanic market, consumer, services, and industrial sectors. They emphasize strategic growth and operational improvements.
Portfolio Companies: Palladium’s portfolio includes businesses such as Del Real Foods (Mexican prepared foods), Spice World (garlic and spice products), and Accupac (pharmaceutical contract manufacturing).
Founding Date: 1997
Number of Investment Professionals: Over 40
Assets Under Management: Approximately $3 billion
Key Investment Professionals:
- Marcos Rodriguez, Managing Partner: Leads the firm’s strategy and investment activities, with a focus on enhancing value through strategic initiatives.
- David Perez, Partner: Specializes in sourcing and executing investment opportunities, particularly in the consumer sector.
- Rafael Ortiz, Partner: Focuses on value creation through operational improvements and strategic growth initiatives.
Recent Exits:
- Exited its investment in Del Real Foods, a Mexican prepared foods company, through a sale to a consortium of investors.
- Sold Spice World, a producer of garlic and spice products, to a private family office.
Recent Acquisitions:
- Acquired Accupac, expanding their footprint in the pharmaceutical contract manufacturing sector.
- Invested in HealthSun Health Plans, enhancing their position in the Medicare Advantage market.
Office Locations:
- New York (Headquarters): New York, New York
Website: www.palladiumequity.com
Quote: “Our deep understanding of the Hispanic market and focus on strategic growth and operational improvements enable us to create significant value for our portfolio companies.” – Marcos Rodriguez, Managing Partner
GTCR
Investment Style: GTCR focuses on investing in growth-oriented companies in industries such as technology, healthcare, financial services, and business services. Their strategy involves partnering with management teams to build and transform businesses through strategic growth and operational improvements.
Portfolio Companies: GTCR’s portfolio includes businesses such as Optimal Blue (fintech), Cedar Gate Technologies (healthcare analytics), and AssuredPartners (insurance brokerage).
Founding Date: 1980
Number of Investment Professionals: Over 80
Assets Under Management: Approximately $24 billion
Key Investment Professionals:
- Craig Bondy, Managing Director: Leads investment activities in the financial services and technology sectors, focusing on growth and value creation.
- Collin Roche, Co-CEO and Managing Director: Oversees firm strategy and investment activities, with a focus on partnering with management teams to drive growth.
- David Donnini, Managing Director: Specializes in investments in the healthcare sector, leveraging his extensive industry expertise.
Recent Exits:
- Exited its investment in Optimal Blue, a fintech company, through a sale to Black Knight.
- Sold AssuredPartners, an insurance brokerage firm, to an affiliate of Apax Partners.
Recent Acquisitions:
- Acquired Cedar Gate Technologies, enhancing their presence in the healthcare analytics sector.
- Invested in Dreamscape Networks, expanding their footprint in the technology services industry.
Office Locations:
- Chicago (Headquarters): Chicago, Illinois
Website: www.gtcr.com
Quote: “Our track record of partnering with management teams to drive growth and transform businesses is a key differentiator, enabling us to create significant value for our portfolio companies.” – Craig Bondy, Managing Director
Advent International
Investment Style: Advent International focuses on buyouts and growth equity investments in sectors such as business and financial services, healthcare, industrial, retail, and technology. Their approach emphasizes partnering with management teams to drive operational improvements and strategic growth initiatives.
Portfolio Companies: Advent International’s portfolio includes businesses such as Walmart Brazil (retail), Nubank (financial services), and Defense News (media and technology).
Founding Date: 1984
Number of Investment Professionals: Over 200
Assets Under Management: Over $100 billion
Key Investment Professionals:
- David Mussafer, Managing Partner: Guides the firm’s strategic direction and investment activities, with a focus on driving growth and value creation across sectors.
- James Brocklebank, Managing Partner: Specializes in investments in the business and financial services sectors, focusing on enhancing operational performance.
- Shweta Jalan, Managing Director: Focuses on healthcare and technology investments, leveraging her extensive industry expertise to drive strategic initiatives.
Recent Exits:
- Exited its investment in Walmart Brazil through a sale to Grupo BIG.
- Sold Defense News, a media and technology company, to Sightline Media Group.
Recent Acquisitions:
- Acquired a significant stake in Nubank, expanding their footprint in financial services.
- Invested in Prisma Health, enhancing their presence in the healthcare sector.
Office Locations:
- Boston (Headquarters): Boston, Massachusetts
- Additional Offices: New York, San Francisco, London, Frankfurt, Milan, Paris, Luxembourg, Madrid, Mumbai, São Paulo, and Shanghai
Website: www.adventinternational.com
Quote: “Our global reach and industry expertise allow us to partner with exceptional companies and management teams to drive transformative growth and value creation.” – David Mussafer, Managing Partner
Conclusion
Private equity firms in Wayne are reshaping the local economic landscape, bringing sophisticated capital and strategic insights to regional enterprises. As these firms continue to evolve, their impact on local businesses becomes increasingly pronounced. Understanding their methodologies and potential can unlock transformative opportunities for business owners seeking optimal exit strategies.
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