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. BayPine raises billions for focus on digital transformation 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. Many recognize the opportunities of the new economy but lack the know-how required to drive change. $ + tax Jefferies acted as sole financial advisor to Mavis. We are delighted that you'd like to resume your subscription. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. You should only be asked to sign in once. 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 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. A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. BayPine - Crunchbase Investor Profile & Investments 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 . Copyright 2023 CB Information Services, Inc. All rights reserved. Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. The cookie is used to store the user consent for the cookies in the category "Other. $2,200M. 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. Necessary cookies are absolutely essential for the website to function properly. 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. Learn more. our sites and services. CAPITAL MARKETS ADVISORY | "GO-PUBLIC" STRATEGY & EXECUTION |, M&A ADVISORY |CORPORATE AND STRATEGY DEVELOPMENT. 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. 2. 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 has made 1 investments. 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. BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. Marius Haas - Founding Partner @ BayPine - Crunchbase Person Profile 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. Sign In. BayPine Capital Partners Fund I. Josh Cohen, a Managing Director at Golden Gate Capital, said, We are grateful for our successful partnership with David and Stephen Sorbaro and the dedication of the entire Mavis Express organization. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. The fund is based in Boston, Massachusetts. Kirkland & Ellis LLP and Ropes & Gray LLP are acting as legal counsel to the investor group. Amount. 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. 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.. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. BayPine Exceeds Target for Inaugural Private Equity Fund and Raises This cookie is set by GDPR Cookie Consent plugin. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and . These cookies will be stored in your browser only with your consent. 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. Closing Date. BayPine has 1 fund, including BayPine Capital Partners Fund I. BayPine has 2 strategic partners and customers. 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. 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 pschulte@mavistire.com, For BayPine 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 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 wraps up inaugural PE fund at about $2.2bn 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. For more information about BayPine, please visit www.baypine.com. About TSG Consumer Partners. Don't have an account? 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. 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. BayPine Exceeds Target for Inaugural Private Equity Fund and Raises While third party service providers (i.e. Click You will be charged Toronto, Canada. For more information, visit www.mavistire.com. Win whats next. BayPine Capital Partners Fund I is a buyout fund managed by BayPine. Boston private equity firm BayPine raises $1.1B - Boston Business Journal Jonathan Gasthalter/Nathaniel Garnick BayPine Capital Partners Fund I. Representative past and present partner companies include Backcountry, BrewDog, Canyon Bicycles, Duckhorn Wine Company, Dutch Bros, e.l.f. We recognize that in order to foster true alignment with our partners, we must have the same deep understanding of the market challenges, opportunities and nuances our businesses face. BayPine raises over $2bn in debut fund - Alternatives Watch 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. For more information about. With this strong foundation in place, we are confident BayPine and TSG will be excellent partners for the Companys next phase of growth. Active, Closed, This describes the type of investor this organization is (e.g. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Baypine Capital Partners I | AUM 13F Pat Schulte This cookie is set by GDPR Cookie Consent plugin. Click here. For more information, visit tsgconsumer.com. BayPine Progresses Toward $2 Billion Goal for Debut Fund We're always eager to make new connections and provide more information. BayPine Exceeds Target for Inaugural Private Equity Fund and Raises A private equity firm with an unrelenting focus on modernization. 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. Auf LinkedIn knnen Sie sich das vollstndige Profil ansehen und mehr ber die Kontakte von Vincent Krmer und Jobs bei hnlichen Unternehmen erfahren. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. This website uses cookies to improve your experience while you navigate through the website. DIF Capital Partners. Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. Fund Type. We are not afraid to be patient and invest behind long-term value creation initiatives for the benefit of our companies and investors. It does not store any personal data. TSG-SVC@sardverb.com, For Golden Gate Capital BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. Media: Please check your spam or junk folder just in case. For more information about BayPine, please visit www.baypine.com. Notable multi-unit consumer investments sponsored by Golden Gate Capital include The Learning Experience, Invo Holdings and Tidal Wave Auto Spa. 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 firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. New York Marriott Marquis, Get limited access to our industry news, analysis and data, plus regular email updates. Customer Service. The cookie is used to store the user consent for the cookies in the category "Analytics". Leading a team of nine in Toronto and London and driving them to overperformance through encouragement, empowerment, empathy, compassion and leadership. Rob Jackowitz is a Partner and the Chief Financial Officer at BayPine. BOSTON, September 08, 2022 -- ( BUSINESS WIRE )--BayPine LP ("BayPine"), a private investment firm that drives digital transformation in market-leading businesses, today announced the. For more information, visit www.goldengatecap.com. Businesses across traditional sectors of the economy are at an inflection point. `` 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 . BayPine | LinkedIn 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. 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. These cookies ensure basic functionalities and security features of the website, anonymously. But opting out of some of these cookies may affect your browsing experience. BayPine Capital Partners Fund I is roughly one-third invested across three investments: 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. 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. Its top principals are managing partner David Roux, a founder and former co-CEO and chairman of. 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. (212) 257-4170, For TSG Consumer Partners 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 2019-Juli 20222 Jahre 10 Monate. We also use third-party cookies that help us analyze and understand how you use this website. 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. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Status. 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. Sard Verbinnen & Co You may cancel your subscription at anytime by calling Pinnacle Dermatology Management, a portfolio company of BayPine and the largest multi-state female-founded dermatology management []. You will be notified in advance of any changes in rate or terms. 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. 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 investor group also includes StepStone Group. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Im Profil von Vincent Krmer sind 5 Jobs angegeben. Certain statements herein about BayPine made by David Sorbaro (Mr. The firm also secured invested capital from co-investors, bringing its spending power up to $3 billion, the firm said in a statement. 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. BayPine and TSG to Accelerate Mavis Digital Transformation and Bolster Industry-Leading Products and Services, Golden Gate Capital to Remain Minority Investor in Company. Emerging managers monitor: Tracking new fund formation. 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. We are grateful for Golden Gate Capitals support over the past four years and are pleased they will remain investors.. 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. For more information about BayPine, please visit www.baypine.com. 2 Partners and customers. Everberg Capital provides preferred equity to support BayPine and Two 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. 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. MSD Partners, Cumberland Associates, Harman International Industries, WR Hambrecht + Co., and Lazard Frres & Co. Boston-based BayPine itself is committing about $100 million, one of the people said. Partner & Chief Financial Officer at BayPine Capital . Mavis represents the ideal business that we look to partner with, and we are eager to work alongside management, WFM and TSG to accelerate the Companys next phase of technology-enabled growth, said Steve Ko, Founding Partner at BayPine. New buyout firm BayPine close to $6 bln Mavis Tire acquisition-sources (if applicable) for The Wall Street Journal. The cookie is used to store the user consent for the cookies in the category "Performance". A link has been emailed to you - check your inbox. Investor Group Led by BayPine, in Partnership with TSG Consumer We seek to decouple success from speed. 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. $2,200M. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Gasthalter & Co. 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. 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. 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. Cosmetics, IT Cosmetics, Planet Fitness, popchips, Power Stop, REVOLVE, Smashbox Cosmetics, Stumptown, thinkThin and vitaminwater. Vincent Krmer - IE Business School - Frankfurt/Rhein-Main | LinkedIn Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. 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.. 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. You also have the option to opt-out of these cookies. 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. Get the full list, Morningstar Institutional Equity Research. Fund. BayPine recently partnered with SAP on March 3, 2021. It prefers in majority stakes. Rob Jackowitz - Partner and Chief Financial Officer - BayPine | LinkedIn Customer Service. 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. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. 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. Direct links to the EDGAR source material. Sehen Sie sich das Profil von Vincent Krmer im grten Business-Netzwerk der Welt an. Use tab to navigate through the menu items. Digital is in our DNA. BayPine is uniquely focused on driving value through innovation. McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. Their latest investment was in Penn Foster as part of their Unattributed on January 1, 2021. 2023 PitchBook. We use cookies on our website to provide necessary functions. 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. 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 . This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses., Mukherjee added, 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., Sign up for your FREE daily alts news briefing, 2019-2022, All Rights Reserved | BMV Digital, Start your days in the know with our free newsletter. Sorbaro), the Co-CEO of Mavis, a portfolio company of a fund managed by BayPine, are intended to illustrate his business relationship with BayPine, including with respect to BayPines facilities as a business partner, rather than BayPines capabilities or expertise with respect to investment advisory services. Julie Rudnick/Kevin Siegel BayPine, a hot new name in tech private equity, raises $1.5bn for Fund I Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Discerning team This cookie is set by GDPR Cookie Consent plugin. CBI websites generally use certain cookies to enable better interactions with. 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 Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. View all fund histories. 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.