CHORLEY, United Kingdom and BOSTON, May 08, 2024 (GLOBE NEWSWIRE) -- Perspective Financial Group Ltd (‘Perspective’ or the ‘Group’) announced today that Charlesbank Capital Partners (‘Charlesbank’) has completed its previously announced investment in Perspective, following receipt of regulatory approval from the Financial Conduct Authority.
Key Points:
- CHORLEY, United Kingdom and BOSTON, May 08, 2024 (GLOBE NEWSWIRE) -- Perspective Financial Group Ltd (‘Perspective’ or the ‘Group’) announced today that Charlesbank Capital Partners (‘Charlesbank’) has completed its previously announced investment in Perspective, following receipt of regulatory approval from the Financial Conduct Authority.
- Charlesbank is a US-based firm that originally oversaw private equity investments inside the Harvard University endowment and became independent in 1998.
- Founded in 2008, Perspective is a leading independent financial adviser (‘IFA’) firm with approximately £8.0 billion in Assets Under Advice.
- “We are excited to welcome Charlesbank’s investment and believe that it will further strengthen our position as the UK’s premier client-centric financial planning firm,” said Ian Wilkinson, Chief Executive Officer at Perspective.
BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York, today announced the formation of Kleer-Membersy (or the “Company”).
Key Points:
- BOSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York, today announced the formation of Kleer-Membersy (or the “Company”).
- The new Company was formed through the acquisition and merger of Kleer and Membersy , the nation’s two largest providers of technology-driven dental membership plans.
- By bringing these companies together, we fully expect to enhance their ability to serve dental practices and patients nationwide."
- For Charlesbank, OM Partners served as the financial advisor, and Goodwin acted as legal advisor.
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Wednesday, March 27, 2024
CHATTANOOGA, Tenn., March 27, 2024 (GLOBE NEWSWIRE) -- Bridges Consumer Healthcare (“Bridges” or the “Company”), a consumer healthcare company focused on over-the-counter (“OTC”) and personal care products, today announced the appointment of John Speranza as CEO.
Key Points:
- CHATTANOOGA, Tenn., March 27, 2024 (GLOBE NEWSWIRE) -- Bridges Consumer Healthcare (“Bridges” or the “Company”), a consumer healthcare company focused on over-the-counter (“OTC”) and personal care products, today announced the appointment of John Speranza as CEO.
- Mr. Speranza succeeds Robert Long, who has led the company since its formation in 2020.
- “I was drawn to Bridges by the company’s focus on serving the unmet healthcare needs of consumers, and the growth opportunities in an expansive, vital category," said Mr. Speranza.
- “I also want to thank Robert Long, who as a founder of Bridges has been critical to Bridges’ success to date, including building a truly exceptional team.
Acquisition,
Student,
School,
Transport,
McKinney, Texas,
Safety,
Partner,
McKinney–Vento Homeless Assistance Act,
LLP,
Heart,
Trust,
Ropes & Gray,
Special education,
Partnership,
Management DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- EverDriven Technologies (the “Company”), an alternative student transportation platform, announced today that it has been acquired by Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York.
Key Points:
- DENVER, March 05, 2024 (GLOBE NEWSWIRE) -- EverDriven Technologies (the “Company”), an alternative student transportation platform, announced today that it has been acquired by Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm with offices in Boston and New York.
- The Company had been owned by affiliates of Palladium Equity Partners, LLC (“Palladium”).
- EverDriven is a leader in alternative student transportation for school districts, using technology and logistics expertise to solve special transportation needs for children.
- EverDriven partners with nearly 700 school districts across 29 states, helping families safely get their loved ones to and from school.
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Wednesday, February 28, 2024
BOSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York, is pleased to announce that it has been named to GrowthCap’s “Top Growth Equity Firms of 2023.” In its 10th year, the list honors firms that have demonstrated excellence in growth equity investing, specifically recognizing Charlesbank’s Technology Opportunities Fund (“TOF”), which focuses on lower middle-market technology investments.
Key Points:
- BOSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York, is pleased to announce that it has been named to GrowthCap’s “Top Growth Equity Firms of 2023.” In its 10th year, the list honors firms that have demonstrated excellence in growth equity investing, specifically recognizing Charlesbank’s Technology Opportunities Fund (“TOF”), which focuses on lower middle-market technology investments.
- Charlesbank’s Technology Opportunities Fund was established in 2018 with a dedicated team that is fully integrated into the overall Charlesbank platform, benefitting from the broader firm’s resources and networks to unlock differentiated sourcing opportunities and drive value creation.
- The TOF strategy is hyperspecialized in six subsectors: cloud computing, cybersecurity, healthcare IT, fintech, infrastructure software, and application software.
- “We are honored to be recognized by GrowthCap as a top growth equity firm for our ongoing commitment to supporting founders and management teams looking to transform their companies into market leaders,” said Managing Director Hiren Mankodi.
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Thursday, February 22, 2024
BOSTON and NASHVILLE, Tenn., Feb. 22, 2024 (GLOBE NEWSWIRE) -- BluWave , the Business Builders’ Network that connects the private equity industry with leading talent, industry consultants and service providers, today announced Charlesbank as a 2024 Top PE Innovator Award winner.
Key Points:
- BOSTON and NASHVILLE, Tenn., Feb. 22, 2024 (GLOBE NEWSWIRE) -- BluWave , the Business Builders’ Network that connects the private equity industry with leading talent, industry consultants and service providers, today announced Charlesbank as a 2024 Top PE Innovator Award winner.
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According to BluWave’s website, the third-annual Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices.
- “We’re honored to be recognized with BluWave’s Top PE Innovator Award,” said Brandon White, Charlesbank Managing Director.
- For further information on the BluWave 2024 Top Private Equity Innovator Awards, including the selection process, selection criteria and recipients, please visit bluwave.net/awards .
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Tuesday, February 6, 2024
CHORLEY, United Kingdom and BOSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Perspective Financial Group Ltd (‘Perspective’ or the ‘Group’) is delighted to welcome a new lead private equity investor, Charlesbank Capital Partners (‘Charlesbank’), who will succeed its current private equity investor, CBPE Capital LLP (‘CBPE’).
Key Points:
- CHORLEY, United Kingdom and BOSTON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Perspective Financial Group Ltd (‘Perspective’ or the ‘Group’) is delighted to welcome a new lead private equity investor, Charlesbank Capital Partners (‘Charlesbank’), who will succeed its current private equity investor, CBPE Capital LLP (‘CBPE’).
- Founded in 2008, Perspective is a leading independent financial adviser (‘IFA’) firm with £8.0 billion in Assets Under Advice.
- The Group provides comprehensive financial planning, as well as investment management services through its Cambridge affiliate.
- Ian Wilkinson, Chief Executive Officer at Perspective, said: “This new investment from Charlesbank reflects and indeed enhances our position as the UK’s premier client-centric financial planning firm.
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Wednesday, January 31, 2024
NEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, announced today that it has successfully completed fundraising for Charlesbank Credit Opportunities Fund III (“COF III” or the “Fund”).
Key Points:
- NEW YORK, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, announced today that it has successfully completed fundraising for Charlesbank Credit Opportunities Fund III (“COF III” or the “Fund”).
- The Fund closed at $1.5 billion, surpassing its target of $1.25 billion, and includes commitments from a diverse set of existing and new limited partners.
- COF III is the successor to Charlesbank’s second credit fund, which has commitments of $1.1 billion, including a companion overage vehicle.
- Since the inception of the Charlesbank Credit Opportunities strategy, the team has invested over $4 billion in capital.
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Thursday, January 18, 2024
Entrepreneurship,
Internet,
Research,
Charlesbank Capital Partners,
Intelligence,
CO,
Government,
Astra,
Data,
Growth,
Cryptocurrency PORTSMOUTH, United Kingdom and BOSTON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Searchlight Cyber ("Searchlight" or the “Company”), a U.K.-based dark web intelligence company, today announced that it has received a strategic growth investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York.
Key Points:
- PORTSMOUTH, United Kingdom and BOSTON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Searchlight Cyber ("Searchlight" or the “Company”), a U.K.-based dark web intelligence company, today announced that it has received a strategic growth investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm based in Boston and New York.
- Since it was founded in 2017, Searchlight has supported some of the world’s largest dark web investigations and helped prevent cyberattacks before they occur.
- Searchlight’s co-founders will continue to lead the company and have retained their investment in the business.
- “The continued growth of the dark web poses systemic risks to both public and private enterprises,” said Darren Battistoni, Managing Director at Charlesbank.
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Tuesday, January 16, 2024
Boston Consulting Group,
CCBN,
Wellington Management Company,
Bain Capital,
Charlesbank Capital Partners,
CFA,
University,
CPA,
Beacon Capital Partners,
Arthur Andersen,
Management BOSTON, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners, LLC is pleased to announce that Kevin Whelan was elected a Managing Director of the firm, effective January 1.
Key Points:
- BOSTON, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners, LLC is pleased to announce that Kevin Whelan was elected a Managing Director of the firm, effective January 1.
- Since joining Charlesbank as Chief Financial Officer in 2022, Mr. Whelan has proven a valuable leader, serving as a strategic thought partner on a number of transaction, fund and firm-related initiatives and leading the firm’s team of finance professionals.
- Commenting on the appointment, Josh Klevens, Charlesbank Managing Director and Chief Operating Officer, said, “I have been consistently impressed with Kevin’s leadership of the finance team and his dedication to serving our investors with high levels of service and transparency.
- His leadership, work ethic, financial acumen and character embody our values, and we are pleased to welcome him as a Managing Director of the firm.”
Prior to joining Charlesbank, Mr. Whelan was Managing Director and Chief Financial Officer at Beacon Capital Partners, a Boston-based real estate private equity firm, and previously held finance leadership roles at Bain Capital, CCBN, Wellington Management Company and The Boston Consulting Group.
