Overview
WestView Capital Partners is a renowned private equity firm based in Boston, managing approximately $2.7 billion in capital. Established in 2004 by Carlo von Schroeter and Rick Williams, WestView specializes in partnering with outstanding entrepreneurs to stimulate growth across various sectors. Known for its adaptable investment strategy, the firm engages in minority and majority recapitalizations, growth capital, and buyout transactions.
Investment Strategy
WestView Capital Partners focuses on mid-market growth-oriented companies, targeting investments ranging from $20 to $100 million. Companies of interest typically have revenues of at least $10 million and operating profits between $3 to $25 million. The firm's primary sectors include business services, software, information technology, consumer, and healthcare technology.
Performance and Reputation
Recognized as a leading growth equity firm, WestView Capital Partners often appears in top rankings and focuses on collaborative partnerships. The firm leverages its expansive network to introduce businesses to new opportunities and markets. Its strategic assessments have significantly contributed to mergers and acquisitions, furthering the growth and success of its portfolio companies.
Leadership
- Carlo von Schroeter: Co-Founder and Managing Partner with a B.S. in Mechanical Engineering from Queen's University and an MBA from Harvard Business School.
- Richard (Rick) Williams: Co-Founder and Managing Partner, with a background from The Wharton School of the University of Pennsylvania.
- Matthew Carroll: Managing Partner, with a background in corporate development and a founding member of WestView.
- Jeffrey Clark: Principal, focusing on growth industrial and business services investments.
- Brett Rocheleau: Principal, adding experience from previous roles at GTCR.
Success Stories
- Fitness Connection: Through WestView’s partnership, it became a leading brand in the fitness sector.
- ALKU and ExecHealth Resources: Achieved accelerated growth with the firm's support and expertise.
- TriTech Software Systems: Positioned successfully for an exit with WestView's guidance.
Recent Developments
In January 2023, WestView closed its fifth growth equity fund, raising an additional $1 billion. The firm's strategic investment in CardFlight, a SaaS payment technology company, underscores its dedication to innovative growth sectors.
Competitor Analysis
WestView Capital Partners competes with several key firms:
1. Frontier Capital: Specializes in small and mid-cap strategies and is recognized for robust equity portfolio management.
2. Kamylon Capital: Focuses on ownership transition solutions for larger businesses, investing across multiple industries.
3. Rockport Capital: Emphasizes alternative energy, mobility, and sustainability sectors.
4. Q-Biz Solutions: Known for its PEView™ software that enhances data management for private equity firms.
Company Insights
WestView Capital Partners generates annual revenue of approximately $15 million and employs about 20 people, illustrating a proficient team managing substantial assets. Their strategic focus on growth-oriented partnerships remains a critical component of their investment philosophy, demonstrating adept capital allocation towards high-potential ventures.
Contact Information
- Address: 125 High Street, Suite 2612, Boston, MA 02110
- Phone: 617-261-2050
- Fax: 617-261-2060
- Website: [WestView Capital Partners](https://wvcapital.com/)
Engaging with WestView requires an understanding of its investment strategy and the ability to identify and propose opportunities aligned with their middle-market and growth-oriented priorities.
