See how we have helped current portfolio expand beyond their most ambitious goals.
Opportunity and achievement.
As we begin the new year, we’d like to take a moment to recap last year’s achievements and thank you for your support. Despite challenging market conditions, deal activity remained robust—featuring three platform investments, seven add-on acquisitions, and one exit—as well as significant improvements to our own team. We look forward to another successful year in 2025 and our continued, shared success.
New Platform Investments
In 2024, FPC welcomed three new, leading service providers into our portfolio of brands.
Portfolio Company
Ice House America
Headquarters: Moultrie, GA
Sector: Business Services
Ice House America is the largest automated vended ice platform in the United States.
Portfolio Company
NewBold
Headquarters: Greenville, SC
Sector: Business Services
NewBold Corporation is a leading provider of managed technology services to the quick service restaurant, retail, warehousing, and healthcare industries.
Portfolio Company
NRG Controls
Headquarters: Harrisburg, PA
Sector: Business Services
NRG is a full-service provider of installation, retrofit, repair and preventative maintenance services for building automation systems (BAS) in healthcare, government, education and commercial buildings.
Add-On Acquisitions
Four FPC portfolio companies significantly enhanced their capabilities through add-on acquisitions this year.
Ice House America acquired 86 ice and water vending units
Strata Information Group acquired RHB
EventLink acquired EEI Global
Building Our
Leadership
Three FPC portfolio brands appointed new leadership in 2024, reflecting the drive to create new value.
CellSite appointed Jim Patterson as CEO
Jones Lake Management appointed Thomas Barry as CEO
Successful Conclusion
Fort Point Capital Exits Strata Information Group
Despite a challenging market, FPC very successfully concluded one major relationship in 2024.
A Stronger FPC Team
Through new hires and promotions, the FPC team became stronger and better positioned for future success.
New Additions
Kyle Fischer
Senior Associate
Nick DeFrancisco
Associate
Promotions
Michael Duffy
Principal
David Sher
Vice President
Kyle Petrillo
Senior Associate
Investment
Criteria for Success
FPC is a growth-focused private equity firm that helps family- and founder-owned, service companies accelerate their evolution and growth.
Transaction Profile
- Up to $125M in EV
- Up to $50M in Equity
- Control Buyout and Add-ons
- Family/Founder-Owned
- Management Buyouts
- Recapitalizations
Industry Focus
- Business Services
- IT Services & Software
- Field & Route-based Services
- Transportation & Logistics
- Marketing & Media Services
- Industrial, Testing & Engineering
- Value-Added Distribution
Characteristics
- Strong management team
- Fierce customer loyalty
- High margins
- Stable earnings
- Robust cash flow
- Identifiable avenues for growth
Our Portfolio
See our historical portfolio of completed projects with past investment partners.