2023 at a Glance
| Count | Category |
|---|---|
| 2 | Platform Investments |
| 2 | Add-On Investments |
| 3 | Rebrands |
| 4 | Promotions |
| 5 | New Hires |
Capstreet named to 2023 TOP 50 PE Firms on The Middle Market™ List*
The TOP PE Firms in the Middle Market™ program is designed to acknowledge small and mid-sized leading private equity firms in the middle market. The TOP PE Firms in the Middle Market is highly regarded as a reliable, unbiased program by PE professionals, business owners, investment bankers, the media, and the public-at-large. Capstreet is not affiliated with Grady Campbell and did not pay a fee to be listed. This listing is not to be construed as indicative of Capstreet’s future performance. Reference to a program is only one piece of information relevant to an evaluation of an investment adviser such as Capstreet. Finally, this listing represents information as of a specific date and time and may not reflect important information related to an evaluation of the investment adviser which has occurred prior to, or subsequent to, the listing.
CEO & CFO Summit
Capstreet brought together 25 of our portfolio company CEOs and CFOs for two days of learning, connecting, and collaboration.
2 Platform Investments
PlanetBids
A provider of eProcurement software as a service solutions. PlanetBids solutions enable organizations to improve visibility, save time, and reduce costs by electronically managing their procurement processes through a fast and frictionless modern interface.
Analytic Stress
Analytic Stress Relieving (“ASR”) provides heat treatment services to customers that span the industrial sector, with a particular focus in the petrochemical, refining, and power markets. ASR helps ensure the integrity of existing, replaced, repaired, and new metal infrastructure through a variety of methods.
2 Add-On Investments
| Add-On Acquisition | Close Date |
|---|---|
| Add-On Acquisition | August 2023 |
| Add-On Acquisition | October 2023 |
3 Rebrands
- informativ (formerly Credit Bureau Connection)
- Extu (formerly Incentive Solutions)
- SmartSights (formerly WIN 911)
Value Creation
Capstreet’s Capvalue® operating team partnered with our portfolio company management teams to achieve:
| Projects | Count |
|---|---|
| Interim CRO Assignments | 2 |
| Interim CTO Assignment | 1 |
| Interim CMO Assignment | 1 |
| Contingency Planning Projects | 2 |
| SOC2 Compliance Audits | 2 |
| Portfolio Mgmt. Metrics Implementation Projects | 2 |
| GTM Strategy Implementations | 5 |
| ERP Implementations | 3 |
| CRM Implementations | 2 |
| Strategy Projects | 2 |
| Technology Infrastructure Projects | 6 |
| Security Assessment and Hardening Projects | 2 |
| M&A Integrations | 7 |
| New Buyside M&A Engagement | 1 |
| Senior Level Hires | 23 |
4 Promotions
| Name | Title | Date |
|---|---|---|
| Kevin Johnson | Partner | January 2023 |
| Evan Harmon | Vice President | January 2023 |
| Chas Richard | Principal | August 2023 |
| Kirk Harrell | Chief Talent Officer | December 2023 |
5 New Hires
| Name | Title | Date |
|---|---|---|
| Alyssa Fox | Senior Vice President, Marketing | January 2023 |
| RC Renberg | Associate | February 2023 |
| Dustin Hollas | Principal, Business Development | April 2023 |
| Hannah Roberts | Office Administrator | April 2023 |
| Landon Weis | Senior Associate | July 2023 |
Capstreet in the Community
Holiday Gift Giving
Each year, the Capstreet team participates in a holiday Adopt-a-Family program. This year, we partnered with Easter Seals Greater Houston to shop for two families.
Houston Reads Day
In March, the Capstreet team had the opportunity to read Dr. Seuss books to the students at Benavidez Elementary School to celebrate Houston Reads Day and to honor Dr. Seuss’s birthday. It was an honor to partner with Literacy Now in their work empowering kids through reading.
Greater Houston Walk with Me
The Capstreet team participated in this family fun walk that benefits Easter Seals Greater Houston, which provides services for people of all ages with all types of disabilities.
Investment Parameters
| Parameter | Detail |
|---|---|
| Target Sectors | Software and tech-enabled services; Industrial products and services |
| Company type | Entrepreneur, family, or employee-owned businesses |
| Company size | $3-15M EBITDA |
| Investment type | Primarily majority investment, founders reinvest alongside Capstreet |
| Geography | Headquartered in North America |
| Growth Profile | Large addressable market, high barriers to entry, M&A opportunities, ability to apply the Capvalue Framework® |
