News
Fort Point Capital Closes Fund III at $340 Million Hard Cap
Fort Point Capital is pleased to announce the closing of its third private equity investment fund, FPC Small Cap Fund III, LP and FPC Small Cap Fund III-A, LP. Fort Point began fundraising in March 2022 with an initial target of $250 million and was oversubscribed, closing at the offering’s hard cap of $340 million. With the closing of FPC III, Fort Point Capital has raised more than $630 million since the firm’s founding in 2011.
Fort Point Capital Announces Promotion of David Gagliardi to Principal
Fort Point Capital announced today that David Gagliardi has been promoted from Vice President to Principal. Since joining the firm in 2015, Mr. Gagliardi has been responsible for new investment opportunity origination, transaction execution and portfolio company oversight.
Nick Shanker Joins CellSite as CEO
Company Adds Experienced Telecom Executive to Growing Platform
Fort Point Capital announced today that its portfolio company, CellSite Solutions, an industry leading provider of telecom infrastructure asset refurbishment and related services, has hired Nick Shanker as the Company’s Chief Executive Officer. Shanker has a long history of transformative leadership positions in the telecom industry and takes the reins of CellSite as the Company accelerates its growth trajectory.
Fort Point Capital Invests in Nova
Fort Point Capital announced today that it has recently invested in a new platform. Nova, which has rebranded itself from Polar, is a Toronto-based global leader in creative automation software for digital advertising. Nova enables advertisers to repurpose creative assets originally developed for social platforms to be easily distributed across the open internet, including mobile apps and connected TV.
Fort Point Capital Hires New Vice President for Investment Team
Fort Point Capital announced today that Michael Duffy has joined the firm as a Vice President on the firm’s investment team. Michael will focus on supporting portfolio companies and executing new investments in the business-to-business services sector.
Fort Point Capital Invests in Jones Fish
Fort Point Capital announced today that it has invested in a new platform, Jones Fish Hatcheries & Distributors, in partnership with the Company’s management team. Headquartered in Cincinnati, Ohio, with scaled operations across seven markets, Jones Fish is an industry leading provider of professional pond and lake management services.
EventLink Acquires OutCold
Acquisition Adds Premier Clients in CPG / Retail
Fort Point Capital announced today that its portfolio company, EventLink, has acquired OutCold, a leading experiential marketing agency providing creative, fabrication, logistics and staffing services to blue chip customers in the automotive, CPG, hospitality and tourism, retail, and technology industries.
Barrington Media Group Acquires Thesis
Acquisition Expands Capabilities with Digital Marketing Leader
Barrington Media Group, LLC announced today that it has completed the acquisition of Thesis Testing, a leading provider of conversion rate optimization (CRO) digital marketing services. Founded in 2016 by Adam Lovallo, Thesis utilizes its proprietary technology platform to provide customized landing pages, continuous strategy development, creative services, and performance tracking, reporting and analysis.
2021 in Review
As we approach the new year, we would like to take a moment to thank you for your continued support of Fort Point Capital, and share a recap of our activities from 2021. We look forward to continuing our work together, and hope that 2022 is another successful year for all of us.
Fort Point Capital Invests in CellSite Solutions
Fort Point Capital announced today that it has invested in a new platform, CellSite Solutions, LLC, in partnership with the Company’s management team. Based in Cedar Rapids, Iowa, CellSite is an industry leading provider of telecom infrastructure asset refurbishment and related services.