Jump to content

User:Sarahlambert5/Castanae Partners

From Wikipedia, the free encyclopedia

Castanea Partners new article content ...

Castanea Partners
Company typePrivate
IndustryPrivate Equity
Founded2001
FounderBrian Knez, Robert Smith, Paul Gibbons
HeadquartersNewton, Massachusetts, United States
ProductsEquity Investments
Total assets$500 Million
Websitewww.castaneapartners.com


Castanea Partners

[edit]

Castanea Partners is a private equity firm principally focused on investing in high-engagement consumer brands and marketing services companies that enable such brands to connect with target customers. The firm also seeks to invest in select business-to-business must-have information services providers.

Castanea is based in Newton, Massachusets and was founded in 2001. The firm has 13 investment professionals and $500 million of capital under management.

History

[edit]

Castanea Partners was founded in 2001 by Brian Knez and Robert Smith, former co-CEOs of Harcourt General and The Neiman Marcus Group, following the sale of Harcourt General. Included in Castanea’s launch were Paul Gibbons, former Treasurer of both Harcourt and Neiman Marcus, and Steven Berg, an investment professional from Bain Capital.

Investment Structure

[edit]

The company invests between $15 million and $ 75 million of equity capital in concert with management. Transaction types include: traditional management buyouts; sales of private companies; industry consolidation; growth equity or acquisition capital raises; operationally challenged situations, and corporate carve-outs.

Investments

[edit]

References

[edit]
[edit]