“We tend to target areas and opportunities that have organic growth levers where we can put in more capital over time,” said GTCR’s Cunningham.
"There is so much research occurring in real-time, so we do not need to overlap with the venture end, but rather attach ourselves to the growth aspect," said LLCP’s Mike Weinberg.
"There's a long runway of secular growth, because many of the distribution centers are still manual, and you have people physically picking and packing boxes," said Thomas H. Lee's Mike Kaczmarek.
"Organs and medical equipment need to get to smaller cities and smaller hospitals in a very time-sensitive fashion," said Alpine's Jon Nemo.
"Even with the strong deal flow we’ve seen this year, there’s been an excellent supply/demand dynamic," said Churchill's Randy Schwimmer. "Deal terms remain well-balanced between being issuer- and investor-friendly."
Supply chains long trended toward globalization, but now the pendulum is swinging the other way.
'At our core, we are an impact-oriented middle market private equity firm, focused on delivering both financial returns and societal impact,' Vistria’s Schuppan told PE Hub.
The firm will support organic growth, including expansion through San Diego area and beyond, as well as eventual acquisition activity.
“States like Texas, California and Florida offer large populations, which necessitate long-term planning around education infrastructure,” Godspeed’s Lake told PE Hub.
OMERS' Geoffrey Bird confirmed the investment to PE Hub, although the pension fund wasn't mentioned in the January deal announcement.