Noble Capital Set to Launch New Private Equity Funds to Solve the “Founders Dilemma”

Noble Capital , an Austin-based private equity firm recently announced the creation of four new private equity funds to assist late-stage founders of small to medium businesses in Texas facing the "Founder's Dilemma."

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, May 2, 2023
Information
Tags: 
Professional Services, Communications, Residential Building & Real Estate, Finance, Construction & Property, REIT, Public Relations, Investor Relations, Triangle, Main Street, Texas Triangle, Growth, Capital, Private equity, SVP, Dilemma, Cryptocurrency, Financial services
Geotags: 
TEXAS, UNITED STATES, NORTH AMERICA
Summary
Key Points: 
  • Noble Capital , an Austin-based private equity firm recently announced the creation of four new private equity funds to assist late-stage founders of small to medium businesses in Texas facing the "Founder's Dilemma."
  • Noble Capital is committed to its brand promise of growing people, growing capital, and growing companies.
  • The private equity funds serve as the latest effort to fulfill this mission by acquiring late-stage businesses that are founder owned and operated.
  • The private equity funds have a target raise of $80 million and will be launched in May 2023.


Noble Capital, an Austin-based private equity firm recently announced the creation of four new private equity funds to assist late-stage founders of small to medium businesses in Texas facing the "Founder's Dilemma." This dilemma arises when founders come to a fork in the road where they are inevitably faced with the high-stakes choice to either sell, snail or scale their enterprise.

These new funds are designed to invest in businesses facing these crossroads while partnering with the founders to drive growth and lead the company at a higher level by transitioning to the board. Noble Capital focuses on investing and growing portfolio companies in four specific sectors - real estate alternatives, family office services, mission-critical trades, and business accelerators.

Noble Capital is committed to its brand promise of growing people, growing capital, and growing companies. The private equity funds serve as the latest effort to fulfill this mission by acquiring late-stage businesses that are founder owned and operated. This offers the founders the chance to take the first step towards succession planning with an initial buyout followed by a fulfilling engagement to join Noble’s private equity leadership to scale the business and share in the ultimate exit on top.

"The Founder's Dilemma is deeply personal to me as, after 20 years in business, when I was faced with the dilemma, I chose to transform my business and scale. Now these funds will allow us to help other founders scale and finish on top," stated Noble Founder & CEO Jadon Newman.

Noble Capital's SVP of Private Equity, John Pruitt, added that each fund has a specific investment thesis focused on investing in lower middle market companies within the Texas Triangle region including Austin, San Antonio, Dallas, and Houston.

The private equity funds have a target raise of $80 million and will be launched in May 2023. As a Founder himself, Jadon Newman, expressed pride in offering this unique investment opportunity to those who appreciate the journey of successful founders and seek to diversify their portfolio by investing in well-managed businesses located on Main Street, Texas."

For more information, interested parties can contact Romney Navarro at Noble Capital at [email protected] or visit www.noblecapital.com.

Copyright: 
Copyright Business Wire 2023