Predict your next investment

Private Equity
castaneapartners.com

See what CB Insights has to offer

Investments

27

Portfolio Exits

11

Funds

6

Service Providers

3

About Castanea Partners

Founded in 2001, Castanea Partners is a Newton, Massachusetts basedprivate equityfirm. Castanea Partners invests in mature companies with a preference for companies located in the midwest US, northeast US, southeast US, west. They primarily engage in the following transaction types: acquisition / expansion financing, buyout (lbo, mbo, mbi). Castanea Partners invests between $10 and $75 million in companies. Castanea Partners invests in firms with an enterprise value upto $250.

Castanea Partners Headquarter Location

Three Executive Park Suite 304

Newton Lower Falls, Massachusetts, 02462,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing Castanea Partners

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Castanea Partners in 1 CB Insights research brief, most recently on Jun 14, 2019.

Latest Castanea Partners News

CartEgg – New York Fashion Week – Castanea’s Investment Team Has Started a New PE Firm

Jun 21, 2021

Castanea’s Investment Team Has Started a New PE Firm The funding workforce from Castanea Partners has ventured out to start out a new non-public fairness agency referred to as Stride Consumer Partners. Stride will deal with “passion brands” within the magnificence and private care, meals and beverage, outside and lively life-style and multi-unit companies industries, in accordance with Steve Berg, accomplice at Stride. Steve Berg  courtesy of Steve Berg “Those brands that have a mutual love affair with that consumer, it’s not the brand they like, it’s the brand they love and can’t live without,” Berg stated. “We’re only focusing on those areas of consumer where that passion is most vibrant.” Stride plans to go “narrow but deep” in these classes, Berg stated, and accomplice with founders and administration groups. Castanea had a stable observe document in magnificence for exiting manufacturers to massive strategic patrons. The agency bought Urban Decay to L’Oréal, Tatcha to Unilever, First Aid Beauty to Procter & Gamble and Drybar to Helen of Troy and WellBiz Brands. Berg stated the workforce departed Castanea, which isn’t making any new investments, with the blessing of the agency’s founders. “They were incredibly gracious in giving us the choice of continuing on as Castanea or supporting us as we launched something new. We decided to launch Stride largely in Castanea’s image,” Berg stated. “We felt that starting from scratch would be energizing,” Berg added. Former Castanea staff Mike Banu, Tim Burke, Tom First, Sharon Fox, Juan Marcos Hill, Colleen Love and Allyson Yorks have additionally joined Stride. The agency has tapped L’Oréal veteran Nicole Fourgoux as an working accomplice. Most not too long ago, Fourgoux was common supervisor at It Cosmetics. She has additionally labored below Carol Hamilton in mergers and acquisitions, and helped combine Carol’s Daughter into L’Oréal. Nicole Fourgoux  JERRY ZALEZ PHOTO “I really love the space of founder-led brands,” Fourgoux stated. “It’s one of the most exciting places in beauty.” “I’ve heard so many stories over these past 10 years of founders who felt like at a critical phase of their business they needed different kinds of advice and they wanted different sounding boards that had hands-on operating experience with strategics,” Fourgoux stated, noting that she needed to get entangled earlier in manufacturers’ life cycles. Stride will look to spend money on manufacturers and companies which can be in “chapter three,” Berg stated, which means they’re past the enterprise capital stage. The agency will search for manufacturers which have been in a position to drive repeat buy. Investment sizes will range, from round $15 million to greater than $100 million per deal, with the potential of additional funding down the street, Berg stated. The group will make each minority and majority investments in manufacturers, and can search for corporations who’ve a robust digital presence. “You want to be where the customer wants to find you, and 15, 20 years ago, that was wholesale, but today, that’s omnichannel,” Berg stated. “Whether it’s a digitally native brand that wants to compliment all of that brand awareness by also having some highly selective wholesale distribution, that can make a lot of sense.…We’ve helped folks really increase their direct to consumer capabilities and revenues, as well.” In magnificence, Fourgoux stated Stride will look to take a position throughout conventional classes and rising ones. “For us, the guidance is really what are the brands that are exceptionally well crafted with a very strong relationship for the consumer,” Fourgoux stated. “Right now we are more in the traditional segments but frankly, if there’s anything that stands out and that has opportunity to grow into a holistic beauty approach, it’s interesting to look at as well.” For extra from WWD.com, see: Castanea’s Investment Team Has Started a New PE Firm

Castanea Partners Investments

27 Investments

Castanea Partners has made 27 investments. Their latest investment was in West Coast Fitness as part of their Private Equity on September 9, 2018.

CBI Logo

Castanea Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/10/2018

Private Equity

West Coast Fitness

Yes

2

2/7/2018

Private Equity

The Townshend Group

Yes

3

2/6/2018

Private Equity

Brew Dr. Kombucha

Yes

1

2/6/2018

Growth Equity

Subscribe to see more

Subscribe to see more

10

1/16/2018

Private Equity - III

Subscribe to see more

Subscribe to see more

10

Date

9/10/2018

2/7/2018

2/6/2018

2/6/2018

1/16/2018

Round

Private Equity

Private Equity

Private Equity

Growth Equity

Private Equity - III

Company

West Coast Fitness

The Townshend Group

Brew Dr. Kombucha

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

3

1

10

10

Castanea Partners Portfolio Exits

11 Portfolio Exits

Castanea Partners has 11 portfolio exits. Their latest portfolio exit was Essentia Water on March 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/5/2021

Acquired

13

6/10/2019

Acquired

$99M

4

1/16/2019

Acq - Fin

1

7/17/2018

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

8/17/2016

Merger

Subscribe to see more

Subscribe to see more

10

Date

3/5/2021

6/10/2019

1/16/2019

7/17/2018

8/17/2016

Exit

Acquired

Acquired

Acq - Fin

Acquired

Merger

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

13

4

1

10

10

Castanea Partners Acquisitions

8 Acquisitions

Castanea Partners acquired 8 companies. Their latest acquisition was Astor & Black on March 15, 2011.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/15/2011

$99M

Leveraged Buyout

1

3/30/2009

Subscribe to see more

$99M

Subscribe to see more

10

8/20/2007

Subscribe to see more

$99M

Subscribe to see more

0

7/23/2007

Subscribe to see more

$99M

Subscribe to see more

0

7/20/2007

Subscribe to see more

$99M

Subscribe to see more

0

Date

3/15/2011

3/30/2009

8/20/2007

7/23/2007

7/20/2007

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Leveraged Buyout

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

0

0

0

Castanea Partners Fund History

6 Fund Histories

Castanea Partners has 6 funds, including Castanea Partners IV Coinvestment Fund LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/26/2015

Castanea Partners IV Coinvestment Fund LP

Buyouts & Acquisitions

Closed

$135M

1

10/6/2014

Castanea Partners Fund IV

Subscribe to see more

Subscribe to see more

$99M

10

7/31/2007

Castanea Partners Fund III LP

Subscribe to see more

Subscribe to see more

$99M

10

9/1/2004

Castanea Partners II LP

Subscribe to see more

Subscribe to see more

$99M

10

12/31/2001

Castanea I LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

10/26/2015

10/6/2014

7/31/2007

9/1/2004

12/31/2001

Fund

Castanea Partners IV Coinvestment Fund LP

Castanea Partners Fund IV

Castanea Partners Fund III LP

Castanea Partners II LP

Castanea I LP

Fund Type

Buyouts & Acquisitions

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$135M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Castanea Partners Service Providers

4 Service Providers

Castanea Partners has 4 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Private Equity

Investment Bank

Financial Advisor

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Subscribe to see more

Associated Rounds

Private Equity

Subscribe to see more

Provider Type

Investment Bank

Subscribe to see more

Subscribe to see more

Service Type

Financial Advisor

Subscribe to see more

Subscribe to see more

Partnership data by VentureSource

Castanea Partners Team

3 Team Members

Castanea Partners has 3 team members, including current Chief Financial Officer, Colleen Love.

Name

Work History

Title

Status

Paul F. Gibbons

Founder

Current

Colleen Love

Chief Financial Officer

Current

Brian J. Knez

Managing Partner

Current

Name

Paul F. Gibbons

Colleen Love

Brian J. Knez

Work History

Title

Founder

Chief Financial Officer

Managing Partner

Status

Current

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.