New Platforms

The recapitalization of Cherry Bekaert, a national provider of assurance, tax, and advisory services, was the result of multi-year efforts in the accounting sector and a natural extension of our historic professional services efforts. We see significant opportunity to grow organically and via acquisitions in both existing and new lines of businesses while investing substantially in technology. Cherry Bekaert has completed two acquisitions to date.

Parthenon's extensive track record at the intersection of wealth management and tax planning, along with our operational resources, made it the ideal partner to carve-out RSM's wealth management division. Choreo is positioned as the partner of choice to the CPA community, while continuing to invest in increasing levels of specialty services, technology, and client service. Since closing, Choreo has completed three acquisitions.

Pavilion Payments, formerly Global Payments Gaming Solutions, is our most recent effort in payments and is being carved-out of Global Payments (Nasdaq: GPN). Pavilion is a pioneer in the gaming payments ecosystem and will benefit from additional focus on their omni-channel and cashless offerings.

Titan Wealth is a UK-based provider of vertically integrated wealth management services offering custody, platform technology, investment management, and retail advice solutions. As a pioneer in these subsectors in the U.S., we believe Titan’s “client-to-custody” value proposition is differentiated within the market and Titan presents a compelling opportunity to build a market leading platform. Titan has multiple additional acquisitions under LOI.

New CEOs

John Fay

Larry Miles

Jason Brown

Matt Umscheid

Shashi Yadiki

Add-On Aquisitions At

Team

• Growth in our investment/industry team with Hana Farahat and Chandler Lally joining both as Vice President
• Sales and commercial excellence, FP&A, technology strategy and project management capabilities enhanced with addition of Dan Perry, Jim Truong, Adi Garg, and Taylor Alvaro, respectively, in our strategic resources group

Investment Philosophy

• We are a growth-oriented private equity investor with decades of experience in our Core Sectors
  • $100 - $600 million equity investments per platform
  • Ability to start small and execute ambitious growth plans
• We partner with management teams to develop and implement bold strategic visions for our companies to make them market leaders in their niche markets
  • Emphasis on alignment among stakeholders
  • Expertise to understand complicated and off-the-run situations
• We provide resources and know-how to transform companies into world-class operators
  • Buy-and-build with 90% of our portfolio acquisitive, averaging seven add-ons per company
  • Resources to develop and build infrastructure and repeatable processes: corporate development, sales and marketing, capital markets, M&A integration, project management, technology strategy and implementation, HR and talent management, strategic FP&A, finance and reporting

We appreciate all the hard work and thoughtfulness of our management, their teams, our colleagues, investors, financing sources, advisors and partners. We look forward to working with you in 2023. Thank you for your support.

Austin | 512-813-4900

Boston | 617-960-4000

San Francisco | 415-913-3900

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