baypine capital partners

CBI websites generally use certain cookies to enable better interactions with our sites and services. May 23-24, 2023 BayPine and TSG to Accelerate Mavis Digital Transformation and Bolster Industry-Leading Products and Services, Golden Gate Capital to Remain Minority Investor in Company. Nathaniel Garnick/Sam Fisher BayPine has made 1 investments. BayPine LP Selects SAP as Innovation Partner. This cookie is set by GDPR Cookie Consent plugin. Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. Amount. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. We support existing management teams with veteran operating professionals who have the proven business transformation capabilities and digital acumen necessary to fuel growth. Im Profil von Vincent Krmer sind 5 Jobs angegeben. Julie Rudnick/Kevin Siegel 2019-Juli 20222 Jahre 10 Monate. 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. Mr. Haas has been a director since January 2018. 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 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. Digital is in our DNA. 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 To ensure the most secure and best overall experience on our website, we recommend the latest versions of. BayPine has 2 team members, including current Founding Partner, Brian Frank. 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 510 Madison Avenue, 19th Floor New York, NY 10022 (212) 277-1500 oep.info@oneequity.com 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. This cookie is set by GDPR Cookie Consent plugin. These cookies will be stored in your browser only with your consent. 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 investor group also includes StepStone Group. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and . Sard Verbinnen & 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. About TSG Consumer Partners. 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. 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. You also have the option to opt-out of these cookies. 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. For Mavis Tire Express Services 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 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. 2. 2 Partners and customers. 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. The principals of Bayline are two seasoned veterans of Bay Street that are well aware of the complexities of the capital markets. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. 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 Convene 117 West 46th Street, New York, June 7-8, 2023 PitchBook can help you gauge a funds performance based on IRR, cash flow multiples (DPI, RVPI and TVPI), distributions and more. Copyright 2023 CB Information Services, Inc. All rights reserved. Customer Service. 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. A boutique advisory firm focused on combining its capital markets expertise with the operational expertise of top tier management teams. While third party service providers (i.e. Register now to read this article and more for free. here to register, Not for publication, email or dissemination, Kian Capital drives to the finish line with a $400m close for its third fund, In year of uncertainty, CalSTRS considers boosting PE target, American Industrial Partners sets $5bn target for latest flagship, STRS Ohio selects Callan as its new alternative investments consultant, Emerging managers well positioned for exits in next few years, The challenge of VC access and the SVB fund of funds sale, TAs Select Opportunities fundraising pause and what it means for PE. 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 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Not the case? BayPine is headquartered in Boston; BayPine has closed its debut private equity fund at about $2.2 billion, beating its $2 billion target. Pinnacle Dermatology Management, a portfolio company of BayPine and the largest multi-state female-founded dermatology management []. 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. Jonathan Gasthalter/Nathaniel Garnick Moreover, we are grateful for the support of our institutional limited partners, who appreciate BayPines differentiated, purpose-driven investment approach. Together with our clients, We build great companies. You will be notified in advance of any changes in rate or terms. 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. BayPine was founded in 2020 to invest in tech disruption in traditional sectors of the economy. Direct links to the EDGAR source material. 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. We believe this holistic approach has the ability to power an innovation flywheel, accelerating value creation for all stakeholders. Okt. Headquartered in Boston, BayPine was founded by a team of accomplished investors and senior executives who have a shared passion for building enduring companies. This website uses cookies to improve your experience while you navigate through the website. With this strong foundation in place, we are confident BayPine and TSG will be excellent partners for the Companys next phase of growth. You should only be asked to sign in once. We are not afraid to be patient and invest behind long-term value creation initiatives for the benefit of our companies and investors. 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. BayPine Capital Partners Fund I is a buyout fund managed by BayPine. 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. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. Only logged in subscribers of this site will be able to access the shared article. 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. 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.. 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 firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. This cookie is set by GDPR Cookie Consent plugin. 2023 PitchBook. BayPine is uniquely focused on driving value through innovation. Sign In. 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. Mr. Roux said, In our view, the largest technology trend of our generation is the digitization of the entire economy, impacting all businesses globally. BOSTON, September 08, 2022 -- ( BUSINESS WIRE )--BayPine LP ("BayPine"), a private investment firm that drives digital transformation in market-leading businesses, today announced the. We seek to decouple success from speed. But Just in Case, JPMorgan, PNC Submit Bids to Buy First Republic in Government-Led Sale, Priced Out of Florida, More Retirees Are Trying This Sunbelt State on For Size, Opinion: The Blue State Exodus Accelerates, Opinion: Justice Samuel Alito: This Made Us Targets of Assassination, Opinion: Randi Weingartens Incredible Covid Memory Loss, Opinion: Biden vs. Trump in 2024? BayPine this week closed its debut fund, BayPine Capital Partners Fund I, on $2.2 billion, beating its $2 billion target. Gasthalter & Co. 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. A link has been emailed to you - check your inbox. 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. William Lederer is a Senior Associate at BayPine. A private equity firm with an unrelenting focus on modernization. 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). Angel, Fund of Funds, Venture Capital), General contact email for the organization. Previously, he was an Associate in the Infrastructure Group at Blackstone, where he focused on buyout transactions and minority investments in the transportation and telecommunications sectors. Please check your spam or junk folder just in case. 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. We're always eager to make new connections and provide more information. The firms strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset and technology infrastructure of leading new economy businesses. Public filings of Baypine Capital Partners I raised by Baypine Holdings LP. 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. Hotel Nikko, San Francisco, September 6-7, 2023 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. Leading a team of nine in Toronto and London and driving them to overperformance through encouragement, empowerment, empathy, compassion and leadership. BayPine has 2 strategic partners and customers. BayPine recently partnered with SAP on March 3, 2021. For more information about BayPine, please visit www.baypine.com. 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. For more information, visit www.mavistire.com. Media: McDermott Will & Emery represented Pinnacle Dermatology Management in the transaction. PitchBook helps you see a funds investments based on target industry, year and deal typeso you can quickly understand its strategy at a glance. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. But opting out of some of these cookies may affect your browsing experience. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. 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. The fund is based in Boston, Massachusetts. Use tab to navigate through the menu items. Many recognize the opportunities of the new economy but lack the know-how required to drive change. 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. Sehen Sie sich das Profil von Vincent Krmer im grten Business-Netzwerk der Welt an. 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. Their latest acquisition was Pinnacle Dermatology on October 29, 2021. 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. You can read more about your cookie choices at our privacy policyhere. CAPITAL MARKETS ADVISORY | "GO-PUBLIC" STRATEGY & EXECUTION |, M&A ADVISORY |CORPORATE AND STRATEGY DEVELOPMENT. 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. Senior Director - Head of Asset Management North America. It prefers in majority stakes. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. our sites and services. By continuing to use this site you are consenting to these choices. Sources. You will be charged 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 . Click BayPine Capital Partners Fund I. (212) 257-4170, For TSG Consumer Partners $2,200M. All rights reserved. BayPine is a private investment firm based in Boston, MA. Don't have an account? 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. View contacts for BayPine to access new leads and connect with decision-makers. 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. We invest more than capital. Covington & Burling LLP and Ropes & Gray LLP each served as legal advisor to Mavis, and to the Sorbaro family and Golden Gate Capital, respectively.

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