Charlesbank Capital Partners
Encyclopedia
Charlesbank Capital Partners is a private equity
investment firm focusing on leveraged buyout
transactions involving middle-market companies.
The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity
investment portfolio for Harvard Management Company
. In 1998, the founders launched Charlesbank Capital Partners, an independent firm also based in Boston, MA.
In 2000, the firm raised $600 million for Charlesbank Equity Fund V, its first fund to include outside institutional investor
s. Subsequent funds include Charlesbank Equity Fund VI ($1 billion raised in 2005) and Charlesbank Equity Fund VII ($1.5 billion raised in 2009). The firm's founders include CEO Michael R. Eisenson
, Kim Davis (who heads the New York office), Tim Palmer, Mark Rosen and Michael Thonis. Charlesbank is currently led by the founding team as well as fellow managing directors Sam Bartlett, Jon Biotti, Michael Choe, Andrew Janower, Joshua Klevens and Brandon White. The firm has over $2.0 billion of capital under management.
Among the company's current and historical investments are the following:
American Tire Distributors,
Animal Health International,
Aurora Organic Dairy
,
Bankruptcy Mgmt. Solutions,
Blacksmith Brands,
Catlin,
Cedar Creek,
CIFC,
CSI Leasing,
DEI Holdings,
GSI,
Horn Industrial Services,
Papa Murphy’s,
Mastercraft,
OnCore Manufacturing Services,
Peacock Engineering,
Regency Gas Services,
Sagittarius Brands,
Shoppers Drug Mart
,
Southcross Energy,
StoneCastle Partners,
Tecomet,
TLC Vision,
Universal Technical Institute
,
WorldStrides
,
Zayo, and
Zenith Products.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investment firm focusing on leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
transactions involving middle-market companies.
The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
investment portfolio for Harvard Management Company
Harvard Management Company
Harvard Management Company or HMC is an American investment management corporation wholly owned subsidiary of Harvard University, charged with managing the university's endowment, pension assets, working capital, and non-cash gifts...
. In 1998, the founders launched Charlesbank Capital Partners, an independent firm also based in Boston, MA.
In 2000, the firm raised $600 million for Charlesbank Equity Fund V, its first fund to include outside institutional investor
Institutional investor
Institutional investors are organizations which pool large sums of money and invest those sums in securities, real property and other investment assets...
s. Subsequent funds include Charlesbank Equity Fund VI ($1 billion raised in 2005) and Charlesbank Equity Fund VII ($1.5 billion raised in 2009). The firm's founders include CEO Michael R. Eisenson
Michael R. Eisenson
Michael R. Eisenson is co-founder, managing director and chief executive officer of Charlesbank Capital Partners, LLC, a private equity investment firm based in Boston and New York....
, Kim Davis (who heads the New York office), Tim Palmer, Mark Rosen and Michael Thonis. Charlesbank is currently led by the founding team as well as fellow managing directors Sam Bartlett, Jon Biotti, Michael Choe, Andrew Janower, Joshua Klevens and Brandon White. The firm has over $2.0 billion of capital under management.
Among the company's current and historical investments are the following:
American Tire Distributors,
Animal Health International,
Aurora Organic Dairy
Aurora Organic Dairy
Aurora Organic Dairy is an American company, based in Boulder, Colorado, which operates large factory farms, each with thousands of dairy cows, in Colorado and Texas...
,
Bankruptcy Mgmt. Solutions,
Blacksmith Brands,
Catlin,
Cedar Creek,
CIFC,
CSI Leasing,
DEI Holdings,
GSI,
Horn Industrial Services,
Papa Murphy’s,
Mastercraft,
OnCore Manufacturing Services,
Peacock Engineering,
Regency Gas Services,
Sagittarius Brands,
Shoppers Drug Mart
Shoppers Drug Mart
Shoppers Drug Mart Corporation is Canada's largest pharmacy chain with more than 1,241 stores operating under the names Shoppers Drug Mart in nine provinces and two territories and Pharmaprix in Quebec as well as in Hawkesbury, Ontario....
,
Southcross Energy,
StoneCastle Partners,
Tecomet,
TLC Vision,
Universal Technical Institute
Universal Technical Institute
Universal Technical Institute, Inc. , is a for-profit nationwide provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians....
,
WorldStrides
WorldStrides
WorldStrides is a student travel company accredited since 1996 by the Northwest Association of Accredited Schools and headquartered in Charlottesville, Virginia...
,
Zayo, and
Zenith Products.
External links
- Charlesbank Capital Partners (company website)