--- title: "The Capstreet Group Announces the Promotion of Chas Richard to Vice President" description: "Chas joined Capstreet in May 2018 after spending two years as an Associate in the Mergers & Acquisitions Group at Barclays Investment Bank." url: https://capstreet.multisites.ai/news/the-capstreet-group-announces-the-promotion-of-chas-richard-to-vice-president publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # The Capstreet Group Announces the Promotion of Chas Richard to Vice President OtherPublished February 17, 20203 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) Chas joined Capstreet in May 2018 after spending two years as an Associate in the Mergers & Acquisitions Group at Barclays Investment Bank. Prior to Barclays, he was a Senior Analyst in the Global Private Bank at BBVA. Chas received a B.B.A. in Finance and Entrepreneurial Management from Texas Christian University and an M.B.A. from the Amos Tuck School of Business at Dartmouth. Most recently, Chas has been a key member of the Thorpe, Griffin, Marco, and PCS portfolio company teams. Chas has distinguished himself during his career at Capstreet by his investment acumen and transaction expertise which enhance his effectiveness both in working with portfolio companies and in developing new investment opportunities. ## About The Capstreet Group The Capstreet Group is a Houston, Texas based private equity firm that invests in owner-managed, lower middle market companies. Capstreet targets companies operating in the industrial and outsourced business service sectors, including tech enabled services and software businesses. Capstreet’s approach is to partner with strong management teams with the goal of building out corporate infrastructure, accelerating growth and profitability, and creating long term sustainable businesses. For more information, visit The Capstreet Group website, [www.capstreet.com](https://capstreet.multisites.ai/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)