Blum Capital

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Blum Capital Partners
Type Private
Industry Private equity
Founded 1975
Founder(s) Richard C. Blum
Headquarters San Francisco, California, United States
Products Leveraged buyout, PIPE, Growth capital
Total assets $4.5 billion[1]
Employees 30+
Website www.blumcapital.com

Blum Capital Partners (formerly Blum Capital) is an American private equity firm focused on leveraged buyout, growth capital and PIPE investments in small cap and middle-market companies across a range of industries. The firm is known for pioneering a hybrid private equity / strategic block investment strategy in public companies.

The firm, which is based in San Francisco, was founded in 1975 by Richard C. Blum. The firm has raised approximately $4.5 billion since inception across four institutional private equity funds raised since 1998.

History[edit]

Prior to founding Blum Capital, Richard C. Blum worked at Sutro & Co. an investment management and brokerage firm founded in 1858. While at Sutro, Blum led a partnership that acquired the struggling Ringling Bros. and Barnum & Bailey Circus in 1967 for $8 million and sold it to Mattel Inc. for $40 million just four years later.

Among Blum Capital's most notable investments have been Fair Isaac,[2] Lenovo,[3] DHL Airways[4] and CB Richard Ellis.[5][6][7]

In 1994, Blum Capital entered into a joint venture, Newbridge Capital, with Texas Pacific Group and Acon Investments to invest in Asia and Latin America.

Investments[edit]

On October 9, 2012, Wolverine World Wide, Golden Gate Capital and Blum Capital took over Collective Brands. [8]

References[edit]

External links[edit]