Articles from Shore Capital Partners

Shore Capital Partners (“Shore Capital” or “Shore”), a Chicago-based private equity firm with offices in Nashville, today announced the successful close of its third food and beverage fund, Shore Capital Food & Beverage Partners Fund III (“F&B Fund III”), with over $450 million in capital commitments. The close brings Shore’s total assets under management to approximately $13 billion.

Innovate 32, a growth-oriented dental services organization, is proud to announce its partnership with Fort Bend Dental (“FBD”), a highly regarded provider of dental services in Houston, Texas.

Shore Capital Partners (“Shore Capital” or “Shore”), a Chicago-based private equity firm with offices in Nashville, announced its strategic investment in support of the recapitalization and growth of Sweetmore Bakeries (“Sweetmore” or the “Company”), a wholesale commercial bakery focused on innovative and custom sweet baked goods products into the ISB, foodservice, club, and c-store channels. Sweetmore, an existing Shore Capital Food & Beverage portfolio company since 2019, was recapitalized through a Special Purpose Vehicle backed by Shore Capital Partners (the “SPV”).

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce its partnership with TCG Services, LLC (“TCG” or “TCG Services”), an asset-lite provider of facility management services based in El Dorado, Kansas.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm with offices in Nashville, is pleased to announce the launch of Skycrest Roof (“Skycrest” or the “Company”), a premier residential roofing platform. Additionally, Skycrest has acquired Anthony C. Leonard Roofing (“Anthony Roofing”) and Bulldog Roofing (“Bulldog”), marking the Company’s first strategic steps toward building a national presence.

Partner John Sznewajs shares his learnings from launching Shore Capital Industrial Partners Fund and beginning its buy-and-build strategy; John also lays out his view on the investor landscape.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce its partnership with Ackerman Plumbing, Inc. (“Ackerman”), a commercial plumbing company based in Sarasota, Florida.

Innovate 32, a growth-oriented dental services organization, announced its partnership with Rachel Johnson & Associates (“RJA”), a leading provider of dental services in Murfreesboro, Tennessee.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm with offices in Nashville, is pleased to announce the launch of Agentis Longevity (“Agentis” or the “Company”), a new, innovative platform dedicated to advancing comprehensive longevity healthcare.

AA Medical, the leading tech-enabled solutions provider of medical equipment and supplies, is proud to announce the appointment of Jay Burkhardt as Chief Executive Officer.

Shore Capital Partners (“Shore Capital” or “Shore”), a Chicago-based private equity firm with offices in Nashville, announced its strategic investment in support of the recapitalization and growth of Point C (the “Company”), a third party administrator (“TPA”) of medical benefits, cost containment and other administrative services for self-insured employers. Point C, an existing Shore Capital Healthcare Partners Fund III portfolio company since 2019, was recapitalized through Shore Capital’s Healthcare Advantage Fund (“Advantage Fund” or the “Fund”).

Innovate 32 (“Innovate” or the “Company”), a growth-oriented dental services organization, is proud to announce its partnership with Marion Dental Group (“MDG”), a leading provider of dental services in Ocala, Florida and The Villages, Florida.

Shore Capital Partners (“Shore” or “Shore Capital”), a private equity firm focused on lower-middle market investments, has been named one of Inc.’s Founder Friendly Investors for the fifth consecutive year.

Shore Capital Partners (“Shore” or “the Firm”), a private equity firm focused on lower-middle market investments, today announced the closing of its inaugural Healthcare Advantage Fund (“Advantage Fund”), second Business Services Partners Fund (“Business Services Fund II”), and first Shore Search Partners Fund (“Search Fund”). The three funds each exceeded their targets and together represent over $1.9 billion in commitments, bringing the Firm’s assets under management to $9.1 billion.

The Benefits Administration industry is in a challenging place, but opportunity lies ahead.

Shore Capital Partners (“Shore” and “the firm”), a leading private equity firm specializing in growing lower middle-market businesses announced that 20 of its portfolio companies were named to the 2024 Inc. 5000 list of the fastest-growing private companies in America. This recognition is a result of Shore’s commitment to partnering with high-potential businesses and executives across sectors, and working together to accelerate sustainable growth.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce the formation of Guidant Power (“Guidant” or the “Company”) with the completion of its first two strategic partnerships with Rozel, LLC (“Rozel”) and BCH Safety (“BCH”). Guidant, headquartered in Chicago, IL, provides electrical safety, reliability, and training services to North America’s leading companies.

The past 18 months have challenged the Medical Device industry. Small and medium-sized business owners, executives, and investors have experienced growth headwinds. For investors, a combination of macroeconomic factors including inflation, rising interest rates, and a potential recession are making it tougher to predict market trends and make good deals. For entrepreneurs, supply chain issues, skilled workforce shortages, and the ever-shifting healthcare landscape add day-to-day and strategic complexity to growing a business. Amidst this environment, Shore Capital Partners medical device team executed 3 successful exits, 1 platform investment, and 5 add-on acquisitions of Class II manufacturers (makers of moderate-risk products requiring stricter regulatory controls for safety and effectiveness).

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce the formation of ONDEX Automation (“ONDEX” or the “Company”) with the completion of its first strategic partnership with LIVE Automation (“LIVE”). ONDEX Automation, headquartered in Chicago, IL, is a factory automation systems integrator designed to support North American manufacturers on their most challenging automation and integration needs.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce the founding of Innovate 32 (the “Company”) with the completion of a strategic partnership with Dr. Clint Newman (“Dr. Newman”). Innovate 32, headquartered in Nashville, TN, is a dental services organization that partners with growth-minded dentists and premier practices to deliver expertise in business development, finance, marketing, recruiting, benefits, and other practice administration while enhancing the ability to provide the highest quality patient care.

AA Medical, the leading supplier of refurbished medical equipment, is proud to announce the acquisition of Surgical Product Solutions (“SPS”), the premier provider of high-quality, in-date surgical consumables and supplies. This strategic partnership marks a significant milestone in both companies' missions to enhance the accessibility and affordability of premium medical products.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of Behavioral Innovations (“BI”), a leading provider of center-based applied behavior analysis therapy (“ABA”) to early intervention children with autism spectrum disorder and other related developmental disabilities, to Tenex Capital Management. Behavioral Innovations has 77 centers across Texas, Oklahoma, and Colorado.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce the formation of Whetstone Distribution (“Whetstone”), a platform of exceptional regional food distributors. Additionally, Whetstone has acquired Pritzlaff Wholesale Meats (“Pritzlaff”), a full-service meat distribution and processing purveyor serving restaurants, hotels, country clubs, healthcare facilities and re-distributors across southeast Wisconsin and northeast Illinois.

Sweetmore Bakeries is pleased to announce that it has completed an acquisition of Sweet Eddie’s Inc., a wholesale manufacturer of cinnamon rolls and other high-quality baked goods. The acquisition of Sweet Eddie’s will add to the already expansive set of premium products offered by Sweetmore Bakeries across retail and foodservice channels.

Shore Capital Partners (“Shore” or “Shore Capital”), is pleased to announce it has completed a partnership with PRO-spectus (“the Company”), a provider of market access consulting and patient services headquartered in Huntington Beach, California.

In a strategic move to align its external image with its internal achievements, Reliant Health Partners (“RHP” or “the company”), a leader in medical claims repricing, is proud to announce a refresh of its brand identity. This brand evolution is an initiative to ensure that RHP’s market presence captures the essence of what it stands for today: a leader committed to delivering exceptional value through data-driven innovation, without compromising on its core principles and service excellence RHP clients have come to expect.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with C2Dx (“C2Dx” or “The Company”), a medical device company based in Kalamazoo, Michigan, with a second location in Memphis, Tennessee. Following the partnership, Shore Capital and C2Dx are also pleased to announce they have acquired the Otolaryngology/Head and Neck Surgery (“OHNS”) family of products from Cook Medical (“Cook”). These products provide minimally invasive procedures for ENT surgeons to help treat obstructive salivary disease, chronic ear disorders, nasal/sinus and skull base reconstruction, and dysphagia.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has formed a growth partnership with Bundled Management (“Bundled”), a national real estate management platform.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with ACTION Termite & Pest Control (the “Company” or “ACTION”), a pest control company based in Phoenix, Arizona.

Shore Capital Partners, (“Shore” or “Shore Capital”), a private equity firm focused on microcap investments, has been named one of Inc.’s Founder-Friendly Investors for the fourth consecutive year.

360Pack, one of the fastest-growing privately held packaging distribution companies in North America, is pleased to announce that it has completed the acquisition of Team Packaging Inc. (“Team” or “Team Packaging”), a Colorado-based privately held custom packaging solutions provider. Terms of the transaction were not disclosed.

Shore Capital Partners, ("Shore" or the "Firm"), a private equity firm focused on microcap investments, today announced that 17 of the firm’s portfolio companies have been named to Inc. Magazine’s 2023 Inc. 5000 list. The annual prestigious ranking provides a data-driven look at America’s fastest-growing private companies based on three-year revenue growth.

Shore Capital Partners, (“Shore” or the “Firm”), a private equity firm focused on microcap investments, today announced the closing of its inaugural Industrial fund, Shore Capital Industrial Partners Fund I (“IND Fund I”), and its fifth healthcare fund, Shore Capital Healthcare Partners Fund V (“HC Fund V”). With the addition of the two funds, which closed within three months and total over $643 million, Shore now has over $6 billion assets under management and additional entities to which it provides business and operational services.

Shore Capital Partners (“Shore” or “Shore Capital”), a private equity firm focused on microcap investments within the healthcare, food and beverage, and business services industries, is pleased to announce the formation of Empower Aesthetics (“Empower” or the “Company”), a new national aesthetics platform headquartered in Austin, Texas.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investments within the food and beverage, healthcare, and business services industries, is pleased to announce it has completed a partnership with Roaming Hunger (the “Company”), a Los Angeles-based software and services platform that partners with food trucks, catering companies, and mobile pop ups to provide foodservice solutions and experiential marketing activations for customers nationwide.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of Innovia Medical (“Innovia”), a specialty single-use surgical essentials and instrument protection products company, to Inverness Graham, a Philadelphia-based buyout firm that acquires innovative, high-growth businesses.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing within the food and beverage, healthcare, and business services industries, is pleased to announce it has completed a partnership with Container Services, Inc. (“CSI” or “The Company”), a custom blow molder of rigid plastic containers based in Hillsboro, Kansas, with a second location in New Castle, Pennsylvania.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of Argentum Medical (“Argentum”), a provider of infection prevention solutions and wound care products, to BioDerm, a portfolio company of Mountaingate Capital.

Shore Capital Partners (“Shore” or “Shore Capital”), a private equity firm focused on microcap investing, today announced several team promotions and new hires, including the appointment of Justin Bentley as Partner and Head of Capital Markets, Brian Tracy as Head of Investor Relations, and Sarah Gabriel as Chief People Officer.

Shore Capital Partners, (“Shore” or “Shore Capital”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, and business services industries, with offices in Chicago and Nashville, has been named one of Inc.’s Founder-Friendly Investors for the third year in a row. Inc.’s annual list recognizes private equity and venture capital firms that entrepreneurs collaborate with and trust as they receive the financial support needed to help drive growth. All firms named to the list have successful track records of remaining actively involved with the businesses they invest in.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investments within the Healthcare, Food and Beverage, and Business Services industries, is pleased to announce the sale of IZI Medical Products (“IZI”), its interventional radiology medical device portfolio company, to Halma plc (“Halma”), a global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone, every day.

Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, is pleased to announce the sale of EyeSouth Partners (“EyeSouth”), an eye care management services organization committed to partnering with leading doctors, to Olympus Partners.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with iTi Tropicals, Inc. (“iTi”). Founded in 1988, iTi has experienced tremendous growth under the leadership of President Gert van Manen and his world-class team. “We couldn’t be more excited for our customers, suppliers, and employees as we enter this partnership with Shore Capital. We believe the product suite, innovation expertise, and depth of resources Shore Capital has brought together with iTi and BevSource will allow us to bring even more value to our partners in the market,” said van Manen.

Shore Capital Partners, (“Shore” or “the firm”), a strategic private equity firm focused on microcap investing, today announced the closing of its second Food & Beverage fund, Shore Capital Partners Food and Beverage Fund II (“F&B Fund II”). With this closing totaling $291.75 million, Shore now manages a total committed capital base of approximately $3 billion.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce the formation of H2O Care Partners (“H2OCP” or “The Company”) with the completion of its first strategic partnership, H2O Care of Middleton, Massachusetts.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has formed a partnership with Moesle Meat Distribution Co. (“Moesle” or the “Company”), a wholesale meat distributor supplying beef, poultry, pork, seafood and other protein products to grocery retail, foodservice, and redistribution customers in the Midwest.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with AA Medical, a provider of sustainable solutions to both the new and resale medical device equipment markets based in Mokena, Illinois, with a second location in Miami, Florida.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has formed a growth partnership with OC Flavors (“OC” or the “Company”), a custom flavor developer and manufacturer based in Chino, California.

Shore Capital Partners (“Shore Capital” or “Shore”) is pleased to announce the founding of Triumph Orthopedics, (“Triumph” or “The Company”), a support organization for orthopedists that combines the guidance of orthopedic surgeons and physician board members with healthcare business leadership to help practices meet their goals.

Shore Capital Partners (“Shore Capital” or “Shore”) is pleased to announce that it has founded OMS360 with the completion of strategic partnerships with Kentucky Center for Oral and Maxillofacial Surgery (“KCOMS”) and Community Oral Facial Surgery (“COFS”). Together, OMS360 (“The Company”) consists of seven oral and maxillofacial surgery practices located across Kentucky, Alabama and Georgia.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with HowardSimon (the “Company”), a retirement third-party administrator and payroll services provider based in Riverwoods, Illinois.

Shore Capital Partners, (“Shore” or “the firm”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services and real estate industries, with offices in Chicago and Nashville, today announced Charlie Shreve has joined the firm as Principal. In his role, Shreve will source, evaluate and enable the growth of Shore investments in the healthcare industry.

Shore Capital Partners (“Shore” or “Shore Capital”) is pleased to announce it has completed a partnership with BevSource (the “Company”), an outsourced beverage solutions provider based in St. Paul, Minnesota.

Shore Capital Partners, (“Shore” or “the firm”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services and real estate industries, with offices in Chicago and Nashville, was named as one of Inc.’s 2021 founder-friendly investors, for the second year in a row. For the first time, this year’s list included venture capital firms in addition to private equity and was changed from the original title of Inc.’s Private Equity 50.

Shore Capital Partners, (“Shore” or “the firm”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services and real estate industries, with offices in Chicago and Nashville, today announced Brad Morehead has joined the firm as partner and head of the firm’s business services fund.

Shore Capital Partners (“Shore”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services and real estate industries, with offices in Chicago and Nashville, today announced four new hires and ten promotions at the senior level on its rapidly-growing investment team. These moves support Shore’s continued growth and recent closings of Shore Capital Healthcare Partners Fund IV ($366 million) and Shore Capital Business Services Partners Fund I ($213 million). Shore now manages a total committed capital base of $2 billion.

Shore Capital Partners (“Shore” or the “Firm”), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services, and real estate industries, with offices in Chicago and Nashville, announced the first and only closings of its fourth institutional healthcare private equity fund, Shore Capital Healthcare Partners Fund IV (“HC Fund IV”), its first business services fund, Shore Capital Business Services Partners Fund I (“BS Fund I”), and its first real estate fund, Shore Capital Real Estate Partners Fund I (“RE Fund I”). HC Fund IV raised $366 million, BS Fund I raised $213 million, and RE Fund I raised $107 million. With these respective closings totaling $686 million, Shore now manages a total committed capital base of $2 billion.