baypine capital partners
Golden Gate Capital, Mavis current lead financial partner, will retain a minority interest in the Company. About TSG Consumer Partners. William Lederer is a Senior Associate at BayPine. Upon closing, David and Stephen Sorbaro will continue to serve as Co-Chief Executive Officers of the Company, supported by a deep and talented management team comprised of leaders from Mavis, Express Oil, Brakes Plus and Town Fair Tire, all adding significant industry operating expertise. BayPine is a private investment firm based in Boston, MA. $2,200M. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. With this strong foundation in place, we are confident BayPine and TSG will be excellent partners for the Companys next phase of growth. Digital transformation specialist BayPine closed its inaugural private equity fund at approximately $2.2 billion, bringing the firms assets under management to $3 billion in aggregate due to co-investment capital. investment banks, accountants, lawyers) play a crucial role in a companys advancement, Bayline uniquely positions itself side-by-side with management and as such, is dedicated to the long term success of its clients only above any one transaction or any potentially competing interests. You will be charged Edit Lists Featuring This Company Section, BayPine raises billions for focus on digital transformation, BayPine closes inaugural PE fund on $2.2bn, United States Investors with Funds Raised in 2022, Private Equity Stage Investors with Investments in Northeastern US, Investors Active in United States (Top 10K). BayPine and TSG to Accelerate Mavis Digital Transformation and Bolster Industry-Leading Products and Services, Golden Gate Capital to Remain Minority Investor in Company. For more information about BayPine, please visit www.baypine.com. You will be notified in advance of any changes in rate or terms. pschulte@mavistire.com, For BayPine . You may change your billing preferences at any time in the Customer Center or call 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. Pinnacle Dermatology Management, a portfolio company of BayPine and the largest multi-state female-founded dermatology management []. Their latest investment was in Penn Foster as part of their Unattributed on January 1, 2021. Rob Jackowitz is a Partner and the Chief Financial Officer at BayPine. While third party service providers (i.e. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. Submitters are 7x more likely to receive a qualified connection. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. For more information, visit www.mavistire.com. 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. Zillow has 2386 homes for sale. Together with our clients, We build great companies. We support existing management teams with veteran operating professionals who have the proven business transformation capabilities and digital acumen necessary to fuel growth. 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, Internet Explorer is no longer supported. 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. You can read more about your. 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. The firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. Necessary cookies are absolutely essential for the website to function properly. Since 2015, the Company has added approximately 1,000 service centers to its growing network of stores. 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. Sorbaro), the Co-CEO of Mavis, a portfolio company of a fund managed by BayPine, are intended to illustrate his business relationship with BayPine, including with respect to BayPines facilities as a business partner, rather than BayPines capabilities or expertise with respect to investment advisory services. The firm also secured invested capital from co-investors, bringing its spending power up to $3 billion, the firm said in a statement. They have advised on some of the largest and most complex transactions in Canada and above all, have the respect and trust of their clients and all of their strategic partners on Bay Street. Founded in 2019, BayPine was launched by former Co-CEO and Chairman of Silver Lake David Roux 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. 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". Hotel Nikko, San Francisco, September 6-7, 2023 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. For more information about. Jonathan Gasthalter/Nathaniel Garnick Moreover, we are grateful for the support of our institutional limited partners, who appreciate BayPines differentiated, purpose-driven investment approach. Click here. 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. 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. We are thrilled to leverage our consumer expertise to support David, Stephen and the entire Mavis team as the Company looks to capitalize on a number of exciting growth opportunities, including expanding its geographic footprint and increasing its digital capabilities, added Pierre LeComte, Managing Director at TSG. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and . 2. This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. Their latest acquisition was Pinnacle Dermatology on October 29, 2021. Mr. Haas has been a director since January 2018. McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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 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 . New York Marriott Marquis, Get limited access to our industry news, analysis and data, plus regular email updates. Mr. Haas served as President and Chief Commercial Officer of Dell EMC from September 2016 to February 2020 and previously was Chief Commercial Officer and President of Enterprise Solutions for Dell Inc. from 2019-Juli 20222 Jahre 10 Monate. 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.. The Boston-based firms strategy centers on durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. It does not store any personal data. It prefers in majority stakes. 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. Please check your spam or junk folder just in case. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. Jefferies acted as sole financial advisor to Mavis. Terms of the transaction, which is expected to close in the second quarter of 2021, were not disclosed. Gasthalter & Co. Im Profil von Vincent Krmer sind 5 Jobs angegeben. This cookie is set by GDPR Cookie Consent plugin. (if applicable) for The Wall Street Journal. The cookie is used to store the user consent for the cookies in the category "Other. BayPine Partners & Customers. 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. GoldenGate-SVC@sardverb.com, Internet Explorer presents a security risk. Register now to read this article and more for free. Sources. BayPine is uniquely focused on driving value through innovation. 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. For more information, visit www.goldengatecap.com. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. In addition to its core offering of tires from over 20 major brands, Mavis offers a menu of repair and maintenance services including brakes, alignments, suspension, shocks, and exhaust. A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. But opting out of some of these cookies may affect your browsing experience. 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. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. By continuing to use this site you are consenting to these choices. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. May 23-24, 2023 Learn more. Digital is in our DNA. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Responsible for a diverse infrastructure and renewable . Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. `` As we have seen over the last decade , businesses that focus on digital transformation generate unprecedented value -- and SAP is excited BayPine LP has selected us as its partner in its quest to drive value in its portfolio , '' said SAP North America President DJ Paoni . BayPine is uniquely focused on driving value through innovation. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. Customer Service. 510 Madison Avenue, 19th Floor New York, NY 10022 (212) 277-1500 oep.info@oneequity.com 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. Pinnacle Dermatologys Acquisition of Tru-Skin Dermatology, Parallel Advisors Partners with Golden Gate Capital on Recapitalization Strategic Investment by Golden Gate Capital Will Accelerate Organic Growth and M&A Strategy, Including Acquisition of AUTUS Asset Management Acquisition of AUTUS Creates Leading RIA Firm With Approximately $5.7 Billion in Assets Under Management, Nassau Financial Group Closes Strategic Transaction and Capital Raise Nassau increases its capital by $300 million and AUM by $3.6 billion Angel Island Capital merges into Nassaus Asset Management segment Expands Nassaus asset management capabilities and accelerates Angel Islands growth strategy, LiveVox Names John DiLullo Chief Executive Officer Louis Summe to Transition to Vice Chairman on LiveVox Board Provides Preliminary Third Quarter 2022 Financial Results and Updated Full Year 2022 Guidance, BayPine raises billions for focus on digital transformation. Importantly, our tradition of Value Oriented Service remains unwavering as we scale the Mavis platform. Copyright 2023 CB Information Services, Inc. All rights reserved. Get the full list, Morningstar Institutional Equity Research. Capital Markets Advisory | Bayline Capital Partners | Toronto A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. Fund Type. We founded BayPine with the express purpose of capitalizing on the opportunity to make good businesses great by combining the best of traditional private equity with a digital overlay and patient capital approach, so that our portfolio companies are positioned to thrive in the new era and beyond., Mr. Mukherjee said, We are incredibly proud of the strong team we have assembled from premier investment firms and global operating companies, which provides BayPine and our portfolio companies with unrivaled financial and strategic expertise and deep, influential technology relationships. Status. These cookies will be stored in your browser only with your consent. For more information about BayPine, please visit www.baypine.com. This cookie is set by GDPR Cookie Consent plugin. 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. BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. 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?
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