Golden Gate Capital
Type | Private |
---|---|
Industry | Private equity |
Founded | 2000 |
Headquarters | San Francisco, California, United States |
Products | Leveraged buyout, growth capital |
Total assets | $12 billion |
Employees | 30+ |
Website | www.goldengatecap.com |
Golden Gate Capital Partners is an American private equity firm based in San Francisco, California. The firm makes investments primarily in mature technology companies, as well as other select industries, through leveraged buyout transactions as well as significant minority purchases and growth capital investments.
The firm was founded in 2000, by former investment professionals from private equity firm Bain Capital, as well as business consultants from its affiliate Bain & Company.
Golden Gate currently has over $12 billion in assets under management (AUM) and has approximately 30 investment professionals.
Investments
The firm primarily seeks investments, less than $100 million in size, that have possible rapid gains in equity, with a significant possibility of liquidity.
On October 9, 2012, Wolverine World Wide, Golden Gate Capital and Blum Capital took over Collective Brands. [1]
On May 15, 2007, Limited Brands announced its intent to sell a 67% stake in Express to Golden Gate Capital Partners. When the sale was finalized in July 2007, Golden Gate's stake in the company was 75% for approximately $550M, instead of the announced 67%.
The firm made a larger investment buying a majority stake in the Romano's Macaroni Grill restaurant chain for $131M in 2008.
In June 2009, the company announced the purchase of the J. Jill brand business from Talbots.[2] In April 2011, the Bahrain-based private equity firm Arcapita bought Jill Acquisitions from Golden Gate. [3]
In the aftermath of the bursting of the Dot-com bubble the firm has shown a pattern of investments in technology companies that may have been distressed by the recession of that time.
References
- ↑ "Wolverine Worldwide, Golden Gate Capital and Blum Capital complete acquisition of Collective Brands". Golden Gate Capital.
- ↑ "Paying the Price for J. Jill, multichannelmerchant.com, July 1, 2009". Retrieved 2010-09-14.
- ↑
External links
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