Already a subscriber? 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. 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 traditional sectors of the economy. Mavis has rapidly grown its platform through the successful completion of several strategic acquisitions in recent years, including the November 2020 merger with Town Fair Tire, a leading business in New England, which continues to operate as the same deep-rooted brand founded by the Mellen family. 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. We seek to decouple success from speed. Many recognize the opportunities of the new economy but lack the know-how required to drive change. 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 BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. 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. 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. Date. Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. 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 recently partnered with SAP on March 3, 2021. All rights reserved. Sehen Sie sich das Profil von Vincent Krmer im grten Business-Netzwerk der Welt an. By leveraging BayPines digital transformation and technology expertise, we believe there is a significant opportunity to enhance Mavis customer experience, capture operating efficiencies, and bolster the Companys position as the go-to brand for auto care nationwide. 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 We have known and respected David and Stephen for many years and we look forward to maintaining the ideals and foundation on which this iconic family business was built. BayPine Capital Partners Fund I Native Currency USD Fund Manager's Location 801 Boylston Street Floor 4 Boston, MA 02116 United States +1 (617) 000-0000 Fund Domiciles United States: Delaware BayPine Capital Partners Fund I Investments (2) To view BayPine Capital Partners Fund I's complete investments history, request access 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. pschulte@mavistire.com, For BayPine 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. 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. BayPine has made 1 investments. GoldenGate-SVC@sardverb.com, Internet Explorer presents a security risk. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. We're always eager to make new connections and provide more information. Toronto, Canada. 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. Jonathan Gasthalter/Nathaniel Garnick Im Profil von Vincent Krmer sind 5 Jobs angegeben. It prefers in majority stakes. You may cancel your subscription at anytime by calling By clicking Accept, you consent to the use of all strictly necessary cookies. 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.. For more information, visit www.mavistire.com. The firm also secured invested capital from co-investors, bringing its spending power up to $3 billion, the firm said in a statement. (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. 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.. McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. Terms of the transaction, which is expected to close in the second quarter of 2021, were not disclosed. 2. This website uses cookies to improve your experience while you navigate through the website. Hotel Nikko, San Francisco, September 6-7, 2023 Please check your spam or junk folder just in case. BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. Only logged in subscribers of this site will be able to access the shared article. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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. This cookie is set by GDPR Cookie Consent plugin. Sard Verbinnen & Co View contacts for BayPine to access new leads and connect with decision-makers. Use tab to navigate through the menu items. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. Don't have an account? We believe this holistic approach has the ability to power an innovation flywheel, accelerating value creation for all stakeholders. 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. 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. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. You may change your billing preferences at any time in the Customer Center or call But opting out of some of these cookies may affect your browsing experience. 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. 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. Jenny Gore/David Isaacs Media: Sard Verbinnen & Co Public filings of Baypine Capital Partners I raised by Baypine Holdings LP. Customer Service. CBI websites generally use certain cookies to enable better interactions with our sites and services. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. Status. 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. 2023 PitchBook. About TSG Consumer Partners. 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. We are delighted that you'd like to resume your subscription. 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. BayPine acquired 2 companies. Businesses across traditional sectors of the economy are at an inflection point. Leading a team of nine in Toronto and London and driving them to overperformance through encouragement, empowerment, empathy, compassion and leadership. our sites and services. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Dont Be So Sure, WSJ Opinion: Feeling Lucky, Democrats Back Non-Compos Presidential Politics, What the FDIC Does to Protect Deposits When Banks Fail, JPMorgan Buys First Republic Bank in Second-Largest U.S. Bank Failure, The Hidden iPhone Setting Thieves Use to Lock People Out of Apple Accounts. May 23-24, 2023 The founders look to make good businesses great by combining the best of traditional private equity with a digital overlay and patient capital approach, so portfolio companies can thrive in a new era and beyond. Register now to read this article and more for free. 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 was founded in 2020 to invest in tech disruption in traditional sectors of the economy. 2 Partners and customers. 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. Responsible for a diverse infrastructure and renewable . 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. You can read more about your cookie choices at our privacy policyhere. Sign In. For more information about BayPine, please visit www.baypine.com. Fund. The cookie is used to store the user consent for the cookies in the category "Other. A private equity firm with an unrelenting focus on modernization. Closing Date. Mavis Tire Express Services, based in Millwood, New York, is one of the largest independent tire and service providers in the United States, with more than 1,100 service centers across 27 states. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Lists Featuring This Company Investors with Funds Raised in 2022 1,565 Number of Organizations $51.9B Total Funding Amount 1,060 Number of Investors Track Private Equity Stage Investors with Investments in United States 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 . Together with our clients, We build great companies. William Lederer is a Senior Associate at BayPine. Get the full list, Morningstar Institutional Equity Research. Customer Service. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. The cookies is used to store the user consent for the cookies in the category "Necessary". We feel privileged for the opportunity to be part of the Mavis story and are excited to support the Companys continued success as a minority shareholder.. L-R: David Roux and Anjan Mukherjee at BayPine (provided) Digital transformation specialist BayPine closed its inaugural private equity fund at approximately $2.2 billion, bringing the firm's assets under management to $3 billion in aggregate due to co-investment capital. For more information about BayPine, please visit www.baypine.com. 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 Mavis Tire Express Services 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. Fund Type. A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. Cosmetics, IT Cosmetics, Planet Fitness, popchips, Power Stop, REVOLVE, Smashbox Cosmetics, Stumptown, thinkThin and vitaminwater. BayPine is uniquely focused on driving value through innovation. TSG Consumer Partners LP is a leading private equity firm that partners with founders and management teams to build and accelerate growth for best-in-class consumer-facing businesses. Mavis is a clear leader in attractive markets across the country with a proven track record of driving consistent growth through economic cycles, said Anjan Mukherjee, Managing Partner at BayPine. 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. BayPine is a private investment firm based in Boston, MA. Julie Rudnick/Kevin Siegel BayPine recently partnered with SAP on March 3, 2021. 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. Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. Kirkland & Ellis LLP and Ropes & Gray LLP are acting as legal counsel to the investor group. $2,200M. The cookie is used to store the user consent for the cookies in the category "Analytics". Submitters are 7x more likely to receive a qualified connection. Gasthalter & Co. `` 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 . CAPITAL MARKETS ADVISORY | "GO-PUBLIC" STRATEGY & EXECUTION |, M&A ADVISORY |CORPORATE AND STRATEGY DEVELOPMENT. 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. Senior Director - Head of Asset Management North America. 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. BayPine has 1 fund, including BayPine Capital Partners Fund I. BayPine has 2 strategic partners and customers. We support existing management teams with veteran operating professionals who have the proven business transformation capabilities and digital acumen necessary to fuel growth. BayPine Partners & Customers. Win whats next. We are grateful for Golden Gate Capitals support over the past four years and are pleased they will remain investors.. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. DIF Capital Partners. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. It does not store any personal data. 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. Since 2015, the Company has added approximately 1,000 service centers to its growing network of stores. While third party service providers (i.e. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. We also use third-party cookies that help us analyze and understand how you use this 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. These cookies ensure basic functionalities and security features of the website, anonymously. A verification email is on its way to you. You will be charged Active, Closed, This describes the type of investor this organization is (e.g. 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 . Certain statements herein about BayPine made by David Sorbaro (Mr. Click here. Necessary cookies are absolutely essential for the website to function properly. 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. Rob Jackowitz is a Partner and the Chief Financial Officer at BayPine. BayPine Capital Partners Fund I. TSG-SVC@sardverb.com, For Golden Gate Capital 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. 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). We invest more than capital. Emerging managers monitor: Tracking new fund formation. By navigating these intricacies on behalf of our clients, we allow management teams to focus their efforts on their operations, building their businesses and exploring new corporate opportunities while allowing Bayline to bring its core competencies to their team including. 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. ihop academy training, jamont david wilson,
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