Fort Point Capital has announced today that Andrew Les joined as a Vice President on the firm's investment team. Andrew will focus on supporting portfolio companies and executing new investments in the business-to-business services sector.
News & Insights
Setting the agenda
Fort Point Capital announced today that it has successfully completed the sale of its investment in Strata Information Group to Ridgemont Equity Partners.
Fort Point Capital has announced the promotions of Michael Duffy from Vice President to Principal and David Sher from Senior Associate to Vice President. Both are responsible for new investment opportunity origination, transaction execution and portfolio company oversight.
Jones Fish Hatcheries & Distributors announced today that it has partnered with Aquatic Management, a provider of pond and lake management services in the Northeast Indiana market based out of Bluffton, IN. The partnership with Aquatic Management further cements Jones Lake Management as the market leader in Indiana.
Rick is a global supply chain executive, with 30+ years of leadership expertise in domestic and international transportation, warehousing, e-commerce, and fulfillment services.
Jones Fish Hatcheries & Distributors, LLC announced today that it has partnered with Ponds Beautiful, a provider of pond and lake management services. The partnership with Ponds Beautiful, based in Medina, OH, further cements Jones Lake Management as the market leader in Ohio.
Fort Point Capital has announced the addition of Kyle Fischer and Nick DeFrancisco to the team. As members of Fort Point’s Investment Team, they will support portfolio companies and execute new investments in lower middle-market services companies.
Marking the third investment in Fund III
Fort Point Capital announced that it has acquired NewBold Corporation, a leading provider of managed technology services to the quick service restaurant, retail, warehousing, and healthcare industries. Headquartered in Greenville, SC, NewBold supports point-of-sale (“POS”), automatic identification and data capture (“AIDC”), and payment device product lines, with services including on-site service response, depot repair services, technology procurement and deployment, configuration and integration, help-desk support, and payment device encryption and injection services.
Fort Point Capital announced today that its portfolio company, CellSite Solutions, has hired Jim Patterson as the Company's Chief Executive Officer. Jim brings a wealth of industry expertise and a strong pedigree to CellSite, having most recently served as the Chief Strategy Officer for Fastwyre Broadband, a fiber broadband and telecom company providing internet, phone and video to customers across the United States.