Don't have an account? A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. Customer Service. Gasthalter & Co. The founders look to make good businesses great by combining the best of traditional private equity with a digital overlay and patient capital approach, so portfolio companies can thrive in a new era and beyond. Emerging managers monitor: Tracking new fund formation. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. We support existing management teams with veteran operating professionals who have the proven business transformation capabilities and digital acumen necessary to fuel growth. Already a subscriber? BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies and communities in which they operate by driving innovation, digital transformation and sustainable growth in market-leading businesses across core sectors of the economy. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses., Mukherjee added, The investments we have made to date and their success since are illustrative of our digital alpha strategy, and we look forward to continuing to execute on a robust pipeline of opportunities as the partner of choice to management teams seeking to create value for their stakeholders through the effective application of technology., Sign up for your FREE daily alts news briefing, 2019-2022, All Rights Reserved | BMV Digital, Start your days in the know with our free newsletter. Closing Date. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Their latest investment was in Penn Foster as part of their Unattributed on January 1, 2021. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies and communities in which they operate by driving innovation, digital. We seek to decouple success from speed. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Vincent Krmer und Jobs bei hnlichen Unternehmen erfahren. Pinnacle Dermatology Management, a portfolio company of BayPine and the largest multi-state female-founded dermatology management []. (212) 257-4170, For TSG Consumer Partners Our purpose-built team possesses what we believe to be a unique combination of operating experience in technology with investing experience in core sectors of the economy. BOSTON-- (BUSINESS WIRE)--BayPine LP ("BayPine"), a private investment firm that drives digital transformation in market-leading businesses, today announced the successful close of its inaugural private equity fund, BayPine Capital Partners Fund I (the "Fund"), at approximately $2.2 billion, exceeding its $2.0 billion target. Not the case? Sard Verbinnen & Co BOSTON-- ( BUSINESS WIRE )--BayPine LP ("BayPine"), a private investment firm that drives digital transformation in market-leading businesses, today announced the successful close of its. Investor Group Led by BayPine, in Partnership with TSG Consumer Partners, to Acquire Mavis Tire Express Services Mar 05, 2021 READ ARTICLE BayPine LP Selects SAP as Innovation Partner Mar 01, 2021 READ ARTICLE Penn Foster Secures Investment to Accelerate Pairing of Data Science with Skills-Based Digital Learning Jan 21, 2021 READ ARTICLE For more information about BayPine, please visit www.baypine.com. The Fund's capital, together with the invested capital of co-investors participating directly and indirectly alongside the Fund, totals approximately $3.0 billion in the aggregate. These cookies ensure basic functionalities and security features of the website, anonymously. You should only be asked to sign in once. We empower strong companies to unlock the power of digital, using technology to optimize business processes in order to meet the demands of todays market. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Many recognize the opportunities of the new economy but lack the know-how required to drive change. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. Okt. (if applicable) for The Wall Street Journal. You can read more about your. By clicking Accept, you consent to the use of all strictly necessary cookies. BayPine Capital Partners Fund I is a buyout fund managed by BayPine. For more information, visit www.goldengatecap.com. GoldenGate-SVC@sardverb.com, Internet Explorer presents a security risk. site you are consenting to these choices. Mr. Haas has been a director since January 2018. You will be notified in advance of any changes in rate or terms. You will be charged Partner and Chief Financial Officer at BayPine New York, New York, United States 687 followers 500+ connections Join to view profile BayPine New York University Activity I am excited to share. Necessary cookies are absolutely essential for the website to function properly. March 2 (Reuters) - BayPine LP is in the lead to acquire Mavis Tire Express Services Corp for more than $6 billion, including debt, in what would be the private equity firm's biggest ever deal . Partner & Chief Financial Officer at BayPine Capital . Convene 117 West 46th Street, New York, June 7-8, 2023 View all fund histories. Digital is in our DNA. We also use third-party cookies that help us analyze and understand how you use this website. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. BOSTON--(BUSINESS WIRE)--BayPine LP (BayPine), a private investment firm that drives digital transformation in market-leading businesses, today announced the successful close of its inaugural private equity fund, BayPine Capital Partners Fund I (the Fund), at approximately $2.2 billion, exceeding its $2.0 billion target. Its top principals are managing partner David Roux, a founder and former co-CEO and chairman of Silver Lake, and managing partner Anjan Mukherjee, an ex-senior managing director with Blackstone. BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. The Companys repair and maintenance products and services include tires, brakes, alignments, suspension, shocks, struts, oil changes, battery replacement and exhaust work, among other offerings. Sard Verbinnen & Co 2023 PitchBook. But Just in Case, JPMorgan, PNC Submit Bids to Buy First Republic in Government-Led Sale, Priced Out of Florida, More Retirees Are Trying This Sunbelt State on For Size, Opinion: The Blue State Exodus Accelerates, Opinion: Justice Samuel Alito: This Made Us Targets of Assassination, Opinion: Randi Weingartens Incredible Covid Memory Loss, Opinion: Biden vs. Trump in 2024? BayPine LP Selects SAP as Innovation Partner. View contacts for BayPine to access new leads and connect with decision-makers. $ + tax A private equity firm with an unrelenting focus on modernization. BayPine has made 1 investments. This cookie is set by GDPR Cookie Consent plugin. May 23-24, 2023 Mavis Tire Express Services, based in Millwood, New York, is one of the largest independent tire and service providers in the United States, with more than 1,100 service centers across 27 states. The Funds investor base is comprised of leading global institutions, including public and private pension plans, sovereign wealth funds, endowments and foundations, insurance companies, family offices and high net worth individuals. Mr. Sorbaro was not compensated in connection with his participation in this video, although he generally receives compensation and investment opportunities in connection with his portfolio company role, and is also an investor in a BayPine-sponsored vehicle and pays no fees in connection with his investment in such vehicle. We work to design and execute a company-wide digital transformation of the business and harness the power of data to inform decisions and pinpoint key opportunities to evolve business processes. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. BayPine aims to pioneer a new category of private equity - digital transformation capital - to drive innovation and sustainable growth in core-economy, market-leading businesses. Businesses across traditional sectors of the economy are at an inflection point. Mavis represents the ideal business that we look to partner with, and we are eager to work alongside management, WFM and TSG to accelerate the Companys next phase of technology-enabled growth, said Steve Ko, Founding Partner at BayPine. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. These cookies will be stored in your browser only with your consent. Boston-based BayPine itself is committing about $100 million, one of the people said. Gasthalter & Co. Discerning team Rob Jackowitz is a Partner and the Chief Financial Officer at BayPine. We have known and respected David and Stephen for many years and we look forward to maintaining the ideals and foundation on which this iconic family business was built. Additionally, a group of financing partners led by Jefferies and Owl Rock Capital, and including Ares Capital Management and certain affiliates and funds managed by affiliates of Apollo Global Management, Inc., is supporting the transaction. The Fund is approximately one-third invested across three investments, including Penn Foster, a pioneering workforce development and online vocational skills company, Mavis Tire Express Services, a leading aftermarket tire and automotive service provider, and Pinnacle Dermatology, one of the largest dermatology management services organizations in the United States. Jefferies acted as sole financial advisor to Mavis. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. By navigating these intricacies on behalf of our clients, we allow management teams to focus their efforts on their operations, building their businesses and exploring new corporate opportunities while allowing Bayline to bring its core competencies to their team including. Customer Service. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. Moreover, we are grateful for the support of our institutional limited partners, who appreciate BayPines differentiated, purpose-driven investment approach. Fund Type. The Fund is approximately one-third invested across three investments, including Penn Foster, a pioneering workforce development and online vocational skills company, Mavis Tire Express Services, a leading aftermarket tire and automotive service provider, and Pinnacle Dermatology, one of the largest dermatology management services organizations in the United States. The cookies is used to store the user consent for the cookies in the category "Necessary". (3 minutes) BayPine LP, which was co-founded by Silver Lake co-founder David Roux, has rounded up at least $1.1 billion in an initial closing on its debut fund, putting the fund more than halfway. Golden Gate Capital, Mavis current lead financial partner, will retain a minority interest in the Company. We look forward to working closely with management as they continue to execute upon their successful consolidation strategy., Messrs. Sorbaro stated, We are excited to partner with BayPine and TSG, who bring significant financial, digital, and operational capabilities to our business. The principals of Bayline, collectively, have more than four decades of experience in advising private and public companies and entrepreneurs to navigate their strategic direction and the Canadian capital markets. While third party service providers (i.e. Im Profil von Vincent Krmer sind 5 Jobs angegeben. Together, we will endeavor to establish a true digital presence for the business and further Mavis reputation for offering high-quality, low-cost services to its deeply loyal customer base, said Tom ORourke, Managing Director at BayPine. You also have the option to opt-out of these cookies. By leveraging BayPines digital transformation and technology expertise, we believe there is a significant opportunity to enhance Mavis customer experience, capture operating efficiencies, and bolster the Companys position as the go-to brand for auto care nationwide. L-R: David Roux and Anjan Mukherjee at BayPine (provided). BayPine Partners & Customers. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. We are grateful for Golden Gate Capitals support over the past four years and are pleased they will remain investors.. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. CAPITAL MARKETS ADVISORY | "GO-PUBLIC" STRATEGY & EXECUTION |, M&A ADVISORY |CORPORATE AND STRATEGY DEVELOPMENT. Genstar raises $12.6bn fund, adds co-investment capacity, Ardian attracts $2bn for infrastructure fund, Northleaf eyes global private credit shifts and opportunities, Ohio Police and Fire pension hires commodities manager, Mudrick hires ex-Partners exec for institutional partnerships, Chinese luxury EV maker raises $122m ahead of L Catterton SPAC deal. Jenny Gore/David Isaacs Mavis has established itself as a leading national automotive services platform with a longstanding reputation for providing customers with exceptional service, said Bill Cooling, Managing Director at TSG. BayPine was formed in 2019 by Managing Partners David Roux, Co-Founder and former Co-CEO and Chairman of Silver Lake, and Anjan Mukherjee, former Senior Managing Director at Blackstone and Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury. Register now to read this article and more for free. BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. BayPine Capital Partners Fund I is roughly one-third invested across three investments: Penn Foster, a pioneering workforce development and online vocational skills company; Mavis Tire Express Services, a leading aftermarket tire and automotive service provider; and Pinnacle Dermatology, one of the largest dermatology management services organizations in the United States. In addition to Messrs. Roux and Mukherjee, BayPines Founding Partners, Wan Ling Martello, Marius Haas, Brian Frank, and Steve Ko, possess over 180 years of collective investing and business-building experience. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Cosmetics, IT Cosmetics, Planet Fitness, popchips, Power Stop, REVOLVE, Smashbox Cosmetics, Stumptown, thinkThin and vitaminwater. Fund. For more information about. BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. BayPines team of established investors and seasoned operators aim to drive value in its portfolio companies by developing and implementing a comprehensive digital transformation agenda, enabling businesses to modernize and capture their full growth potential.
Werewolf Mod Sims 4 Nyx,
Missing Person Found Dead 2020,
Homemade Turmeric Eye Drops,
Seahawks Strength And Conditioning Coach,
Como Quitar La Ansiedad De Comer Arroz Crudo,
Articles B
