For more information about BayPine, please visit www.baypine.com. (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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. BayPine recently partnered with SAP on March 3, 2021. 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. 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 is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. It prefers in majority stakes. 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.. 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. It does not store any personal data. 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. DIF Capital Partners. Certain statements herein about BayPine made by David Sorbaro (Mr. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. Partner & Chief Financial Officer at BayPine Capital . Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. Mavis, which was founded in 1972 by Marion and Victor Sorbaro and has roots dating back to 1949, has a strong reputation for delivering best-in-class customer service and quality. Discerning team We also use third-party cookies that help us analyze and understand how you use this website. BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. This tectonic shift creates unique challenges, but also unprecedented opportunities for companies to harness the power of modern digital technology to transform their businesses. Digital is in our DNA. May 23-24, 2023 You can read more about your cookie choices at our privacy policyhere. 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. 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. 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. Win whats next. 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 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. You should only be asked to sign in once. (212) 257-4170, For TSG Consumer Partners Nathaniel Garnick/Sam Fisher This cookie is set by GDPR Cookie Consent plugin. BayPine and TSG to Accelerate Mavis Digital Transformation and Bolster Industry-Leading Products and Services, Golden Gate Capital to Remain Minority Investor in Company. BayPine has 2 strategic partners and customers. BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. We empower strong companies to unlock the power of digital, using technology to optimize business processes in order to meet the demands of todays market. . BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. 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. View contacts for BayPine to access new leads and connect with decision-makers. BayPine aims to pioneer a new category of private equity - digital transformation capital - to drive innovation and sustainable growth in core-economy, market-leading businesses. A link has been emailed to you - check your inbox. The firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. BayPine LP Selects SAP as Innovation Partner. Okt. Gasthalter & Co. Terms of the transaction, which is expected to close in the second quarter of 2021, were not disclosed. Date. Gasthalter & Co. $2,200M. 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. 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. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. 2 Partners and customers. By clicking Accept, you consent to the use of all strictly necessary cookies. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. For Mavis Tire Express Services San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Covington & Burling LLP and Ropes & Gray LLP each served as legal advisor to Mavis, and to the Sorbaro family and Golden Gate Capital, respectively. Click 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. $ + tax The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and . The cookie is used to store the user consent for the cookies in the category "Other. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. 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 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. He has been with BayPine Capital, where he is Partner and Co-Founder, since March 2020. 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. 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. Pat Schulte PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. Toronto, Canada. Notable multi-unit consumer investments sponsored by Golden Gate Capital include The Learning Experience, Invo Holdings and Tidal Wave Auto Spa. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Submitters are 7x more likely to receive a qualified connection. BayPine Capital Partners Fund I is a buyout fund managed by BayPine. 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. Learn more. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". $2,200M. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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. We are delighted that you'd like to resume your subscription. (212) 257-4170, Internet Explorer presents a security risk. We are grateful for Golden Gate Capitals support over the past four years and are pleased they will remain investors.. BayPine is a private investment firm that seeks to create lasting value for the firm's investors, portfolio companies. 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. We're always eager to make new connections and provide more information. Angel, Fund of Funds, Venture Capital), General contact email for the organization. CBI websites generally use certain cookies to enable better interactions with our sites and services. New York Marriott Marquis, Get limited access to our industry news, analysis and data, plus regular email updates. About TSG Consumer Partners. For more information about BayPine, please visit www.baypine.com. 2023 PitchBook. Direct links to the EDGAR source material. While third party service providers (i.e. 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. Necessary cookies are absolutely essential for the website to function properly. 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. For more information, visit tsgconsumer.com. MSD Partners, Cumberland Associates, Harman International Industries, WR Hambrecht + Co., and Lazard Frres & Co. 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. 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. 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. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. Their latest acquisition was Pinnacle Dermatology on October 29, 2021. You will be notified in advance of any changes in rate or terms. Hotel Nikko, San Francisco, September 6-7, 2023 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. 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.
When Does Electricity Become Hazardous To Humans,
Uspi Surgery Center Administrator Salary,
Race Shop For Rent Mooresville, Nc,
Can Husband And Wife Do Jamaat Hanafi,
Articles B
