baypine capital partnersbecome a survival food distributor

This cookie is set by GDPR Cookie Consent plugin. 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. Since its founding in 1987, TSG has been an active investor in the automotive, food, beverage, restaurant, fitness, beauty, personal care, household, apparel & accessories, and e-commerce sectors. Boston-based BayPine itself is committing about $100 million, one of the people said. BayPine is a private investment firm based in Boston, MA. Only logged in subscribers of this site will be able to access the shared article. BOSTON, September 08, 2022 -- ( BUSINESS WIRE )--BayPine LP ("BayPine"), a private investment firm that drives digital transformation in market-leading businesses, today announced the. CBI websites generally use certain cookies to enable better interactions with. BayPine Partners & Customers. In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally, Roux said in a statement. 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). 2. (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. This cookie is set by GDPR Cookie Consent plugin. For more information, visit tsgconsumer.com. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. Amount. Sard Verbinnen & Co 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. Discerning team 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. 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. McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. We support existing management teams with veteran operating professionals who have the proven business transformation capabilities and digital acumen necessary to fuel growth. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. BOSTON & SAN FRANCISCO & MILLWOOD, N.Y.--(BUSINESS WIRE)--An investor group led by BayPine LP (BayPine), in partnership with TSG Consumer Partners LP (TSG) and existing significant equity-holder West First Management (WFM), a holding company controlled by David and Stephen Sorbaro, today announced they have entered into a definitive agreement to acquire Mavis Tire Express Services Corp. (Mavis or the Company), one of the largest independent automotive service platforms in the United States. For more information, visit www.goldengatecap.com. The firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. To view BayPine Capital Partners Fund Is complete investments history, request access, To view BayPine Capital Partners Fund Is complete team members history, request access, Youre viewing 5 of 63 funds. New York Marriott Marquis, Get limited access to our industry news, analysis and data, plus regular email updates. We're always eager to make new connections and provide more information. For more information about. pschulte@mavistire.com, For BayPine Date. Gasthalter & Co. 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. 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.The Fund's capital, together with the invested capital of co . Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Where the organization is headquartered (e.g. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. 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.. Status. Not the case? DIF Capital Partners. BayPine has made 1 investments. Please check your spam or junk folder just in case. (212) 257-4170, Internet Explorer presents a security risk. You will be notified in advance of any changes in rate or terms. For more information about BayPine, please visit www.baypine.com. 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. Win whats next. Copyright 2023 CB Information Services, Inc. All rights reserved. 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 . The cookies is used to store the user consent for the cookies in the category "Necessary". Learn more. Jenny Gore/David Isaacs Necessary cookies are absolutely essential for the website to function properly. 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. Sard Verbinnen & Co Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. BayPine is uniquely focused on driving value through innovation. PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Most recently, he was the Chief Financial Officer of Declaration Partners, a nd prior to that, he was a Partner and Managing Director at Pine Brook Partners, a New York-based growth equity firm where he oversaw the firm's finance, operations and compliance functions. $2,200M. Golden Gate Capital, Mavis current lead financial partner, will retain a minority interest in the Company. Digital is in our DNA. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. Our team of accomplished investors and senior operating executives is built to enable these businesses to achieve their full potential by helping to effect a digital transformation. Leading a team of nine in Toronto and London and driving them to overperformance through encouragement, empowerment, empathy, compassion and leadership. 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 BayPine, please visit www.baypine.com. 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. 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. Primed by a vigorous deal environment, tech PE fundraising rose to dizzying heights in 2021, with 474 North American vehicles collecting an all-time high of $227bn, according to Buyouts data. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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 to a $2 billion goal, according to people familiar with the offering. CAPITAL MARKETS ADVISORY | "GO-PUBLIC" STRATEGY & EXECUTION |, M&A ADVISORY |CORPORATE AND STRATEGY DEVELOPMENT. 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. Sign In. This website uses cookies to improve your experience while you navigate through the website. BayPine and TSG to Accelerate Mavis Digital Transformation and Bolster Industry-Leading Products and Services, Golden Gate Capital to Remain Minority Investor in Company. The investor group also includes StepStone Group. 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. 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. 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.. Many recognize the opportunities of the new economy but lack the know-how required to drive change. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Businesses across traditional sectors of the economy are at an inflection point. Senior Director - Head of Asset Management North America. BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. Pat Schulte Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. Customer Service. 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 Their latest investment was in Penn Foster as part of their Unattributed on January 1, 2021. 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. 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. 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. Public filings of Baypine Capital Partners I raised by Baypine Holdings LP. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and . Already a subscriber? Mr. Haas has been a director since January 2018. BayPine has 2 strategic partners and customers. GoldenGate-SVC@sardverb.com, Internet Explorer presents a security risk. View all fund histories. Customer Service. Click here. We will continue to work hard every day to earn the trust of our valued customers and enhance our product and service offerings to meet their evolving needs. Hotel Nikko, San Francisco, September 6-7, 2023 Following the merger of Mavis Tire and Express Oil in 2018, the Company has grown to become one of the largest independent tire and service provider platforms in the U.S. while maintaining its deep-rooted commitment to integrity, trust and high-quality customer service. . $ + tax It does not store any personal data. But opting out of some of these cookies may affect your browsing experience. 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. Since 2015, the Company has added approximately 1,000 service centers to its growing network of stores. BayPine recently partnered with SAP on March 3, 2021. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. By clicking Accept, you consent to the use of all strictly necessary cookies. Boston-based private equity firm BayPine LP has raised at least $1.1 billion for an initial closing on its first-ever fund, according to a person familiar with the firm's operations, with an. 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. BayPine acquired 2 companies. 2023 PitchBook. Together with our clients, We build great companies. Get the full list, Morningstar Institutional Equity Research. By continuing to use this site you are consenting to these choices. These cookies ensure basic functionalities and security features of the website, anonymously. The cookie is used to store the user consent for the cookies in the category "Analytics". Certain statements herein about BayPine made by David Sorbaro (Mr. A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. 9/8/2022. Covington & Burling LLP and Ropes & Gray LLP each served as legal advisor to Mavis, and to the Sorbaro family and Golden Gate Capital, respectively. 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. Nathaniel Garnick/Sam Fisher Cosmetics, IT Cosmetics, Planet Fitness, popchips, Power Stop, REVOLVE, Smashbox Cosmetics, Stumptown, thinkThin and vitaminwater. Closing Date. 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. About TSG Consumer Partners. BayPine has 1 fund, including BayPine Capital Partners Fund I. BayPine has 2 strategic partners and customers. BayPine LP Selects SAP as Innovation Partner. You should only be asked to sign in once. Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Fund Type. our sites and services. Toronto, Canada. A private equity firm with an unrelenting focus on modernization. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. Active, Closed, This describes the type of investor this organization is (e.g. Media: 2 Partners and customers. BayPine is uniquely focused on driving value through innovation. The cookie is used to store the user consent for the cookies in the category "Other. BayPine Capital Partners Fund I. Im Profil von Vincent Krmer sind 5 Jobs angegeben. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". View contacts for BayPine to access new leads and connect with decision-makers. While third party service providers (i.e. 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. 2019-Juli 20222 Jahre 10 Monate. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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. 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. May 23-24, 2023 William Lederer is a Senior Associate at BayPine. Kohl's promo code: 30% Off for Kohl's Rewards Members, Walmart+ Giveaway: Free 1-year membership for moms ($98 value), Epsteins Private Calendar Reveals Prominent Names, Including CIA Chief, Goldmans Top Lawyer, The Building Boom Is Prolonging Market Pain, We Hope Your iPhone Never Gets Stolen. 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 BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. You may change your billing preferences at any time in the Customer Center or call CBI websites generally use certain cookies to enable better interactions with our sites and services. We seek to decouple success from speed. 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. We are grateful for Golden Gate Capitals support over the past four years and are pleased they will remain investors.. 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. We are not afraid to be patient and invest behind long-term value creation initiatives for the benefit of our companies and investors. The cookie is used to store the user consent for the cookies in the category "Performance". 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. Notable multi-unit consumer investments sponsored by Golden Gate Capital include The Learning Experience, Invo Holdings and Tidal Wave Auto Spa. Direct links to the EDGAR source material. We are delighted that you'd like to resume your subscription. 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. MSD Partners, Cumberland Associates, Harman International Industries, WR Hambrecht + Co., and Lazard Frres & Co. Rob Jackowitz is a Partner and the Chief Financial Officer at BayPine. We use cookies on our website to provide necessary functions. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. This cookie is set by GDPR Cookie Consent plugin. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. Representative past and present partner companies include Backcountry, BrewDog, Canyon Bicycles, Duckhorn Wine Company, Dutch Bros, e.l.f. BayPine has 2 team members, including current Founding Partner, Brian Frank. 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. Sources. For more information about BayPine, please visit www.baypine.com. BayPine Capital Partners Fund I's limited partners include public and private pension plans, sovereign wealth funds, endowments and foundations, insurance companies, family offices and high-net worth . Partner & Chief Financial Officer at BayPine Capital . 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. 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. The firm also secured invested capital from co-investors, bringing its spending power up to $3 billion, the firm said in a statement. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. Use tab to navigate through the menu items. site you are consenting to these choices. Emerging managers monitor: Tracking new fund formation. Angel, Fund of Funds, Venture Capital), General contact email for the organization. With this strong foundation in place, we are confident BayPine and TSG will be excellent partners for the Companys next phase of growth. 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.

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