We're always eager to make new connections and provide more information. 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. 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. BayPine Exceeds Target for Inaugural Private Equity Fund and Raises Zillow has 2386 homes for sale. The firm also secured invested capital from co-investors, bringing its spending power up to $3 billion, the firm said in a statement. Home - BayPine Many recognize the opportunities of the new economy but lack the know-how required to drive change. (if applicable) for The Wall Street Journal. Investor Group Led By BayPine, In Partnership With TSG Consumer BayPine has 2 strategic partners and customers. While third party service providers (i.e. Register now to read this article and more for free. The cookies is used to store the user consent for the cookies in the category "Necessary". BayPine | LinkedIn McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. 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 . 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. 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. CBI websites generally use certain cookies to enable better interactions with. 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 Exceeds Target for Inaugural Private Equity Fund and Raises With this strong foundation in place, we are confident BayPine and TSG will be excellent partners for the Companys next phase of growth. For more information, visit tsgconsumer.com. We also use third-party cookies that help us analyze and understand how you use this website. BayPine acquired 2 companies. MSD Partners, Cumberland Associates, Harman International Industries, WR Hambrecht + Co., and Lazard Frres & Co. We seek to decouple success from speed. 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. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. Founded in 1972 by the Sorbaro family, and with roots dating back to 1949, Mavis is a leading independent tire dealer and automotive aftermarket service provider with more than 1,100 service centers primarily in the Northeast, Midwest and Southern United States. Gasthalter & Co. 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. BayPine, a hot new name in tech private equity, raises $1.5bn for Fund Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You will be notified in advance of any changes in rate or terms. Notable multi-unit consumer investments sponsored by Golden Gate Capital include The Learning Experience, Invo Holdings and Tidal Wave Auto Spa. For more information about BayPine, please visit www.baypine.com. 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. $ + tax BayPine has 2 team members, including current Founding Partner, Brian Frank. 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. Terms of the transaction, which is expected to close in the second quarter of 2021, were not disclosed. 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. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. 2019-Juli 20222 Jahre 10 Monate. $2,200M. 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. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Pat Schulte 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.
Peter W Busch Family Foundation, How To Change Date From 1900 To 2000 In Excel, Articles B