Investments
64Portfolio Exits
28Funds
18Partners & Customers
1Service Providers
3About Comvest Partners
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. The firm offer companies financial sponsorship, critical strategic and operational support, and business development assistance.
Comvest Partners Headquarter Location
525 Okeechobee Blvd Suite 1050
West Palm Beach, Florida, 33401,
United States
561-727-2000
Comvest Partners Web Traffic
Comvest Partners Rank
Latest Comvest Partners News
Apr 26, 2022
West Palm Beach, Florida, UNITED STATES WEST PALM BEACH, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, is pleased to announce that it has become a signatory to the Diversity in Action initiative of the Institutional Limited Partners Association (ILPA). ILPA, the trade association for institutional limited partners in the private equity asset class, launched the Diversity in Action initiative to bring together limited partners and general partners that share a commitment to advancing diversity, equity and inclusion (DEI) efforts. As a signatory, Comvest pledges to take concrete actions to further DEI within the company as well as in the wider private investment industry. “Comvest is proud to be accepted as a Diversity in Action signatory,” said Michael Falk, founder and CEO of Comvest. “Comvest has long prioritized diversity and a culture of inclusion. Our pledge to ILPA reflects our focus on advancing our own related initiatives and our interest in collaborating with industry peers to create enduring equitable and inclusive workplaces in the direct lending and private equity sectors.” Diversity in Action signatories commit to undertake specific DEI actions that span talent management, investment management and industry engagement. As a signatory, Comvest also will participate in roundtable discussions, working groups and surveys to provide the industry with greater transparency on the current state of DEI and on DEI best practices that will move private markets forward. About ILPA With more than 575 member institutions representing over 2 trillion USD of private equity assets under management, the Institutional Limited Partners Association (ILPA) is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries. ILPA’s members include public and private pensions, insurers, endowments and foundations, family offices, development finance institutions, and sovereign wealth funds. Its policy agenda is focused on strengthening the private equity asset class through strong governance, alignment of interests, and transparency. For more information, please visit www.ilpa.org About Comvest Partners Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, Comvest Partners has invested over $7.7 billion. Today, Comvest Partners has over $6.4 billion of assets under management. Through its extensive capital resources and broad network of industry relationships, Comvest Partners offers companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit www.comvest.com For more information, please contact: Robert O’Sullivan, Managing Partner, Comvest Partners – robert@comvest.com Michael Altschuler, General Counsel, Comvest Partners – m.altschuler@comvest.com
Comvest Partners Investments
64 Investments
Comvest Partners has made 64 investments. Their latest investment was in Renovation Brands as part of their Private Equity on November 11, 2021.
Comvest Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/22/2021 | Private Equity | Renovation Brands | Yes | 4 | ||
9/21/2021 | Private Equity - II | Gen3 Marketing | Yes | 1 | ||
7/1/2021 | Private Equity | Atomic Transport | Yes | 1 | ||
4/8/2021 | Series C | |||||
11/24/2020 | Line of Credit |
Date | 11/22/2021 | 9/21/2021 | 7/1/2021 | 4/8/2021 | 11/24/2020 |
---|---|---|---|---|---|
Round | Private Equity | Private Equity - II | Private Equity | Series C | Line of Credit |
Company | Renovation Brands | Gen3 Marketing | Atomic Transport | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 4 | 1 | 1 |
Comvest Partners Portfolio Exits
28 Portfolio Exits
Comvest Partners has 28 portfolio exits. Their latest portfolio exit was Encompass Supply Chain Solutions on April 05, 2022.
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 |
---|---|---|---|---|---|
4/5/2022 | Acquired | 1 | |||
1/13/2022 | Acq - Fin - III | Main Street Capital, and Undisclosed Investors | 1 | ||
12/18/2020 | Acq - Pending | 1 | |||
Date | 4/5/2022 | 1/13/2022 | 12/18/2020 | ||
---|---|---|---|---|---|
Exit | Acquired | Acq - Fin - III | Acq - Pending | ||
Companies | |||||
Valuation | |||||
Acquirer | Main Street Capital, and Undisclosed Investors | ||||
Sources | 1 | 1 | 1 |
Comvest Partners Acquisitions
30 Acquisitions
Comvest Partners acquired 30 companies. Their latest acquisition was Spinrite on July 03, 2018.
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 |
---|---|---|---|---|---|---|
7/3/2018 | Acq - Fin - II | 1 | ||||
3/28/2018 | Acq - Fin | 4 | ||||
3/8/2018 | Debt | $39.59M | Acq - Fin | 2 | ||
2/2/2017 | ||||||
11/21/2016 |
Date | 7/3/2018 | 3/28/2018 | 3/8/2018 | 2/2/2017 | 11/21/2016 |
---|---|---|---|---|---|
Investment Stage | Debt | ||||
Companies | |||||
Valuation | |||||
Total Funding | $39.59M | ||||
Note | Acq - Fin - II | Acq - Fin | Acq - Fin | ||
Sources | 1 | 4 | 2 |
Comvest Partners Fund History
18 Fund Histories
Comvest Partners has 18 funds, including Comvest Credit Partners V International.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
6/3/2020 | Comvest Credit Partners V International | $573.08M | 3 | ||
6/2/2020 | Comvest Credit Partners V | Private Debt (Other) | Open | $573.08M | 1 |
6/2/2020 | Comvest Credit Partners V International (Cayman) | $573.08M | 1 | ||
5/14/2020 | Comvest Credit Partners V (Luxembourg) Intermediate Fund | ||||
4/14/2020 | Comvest Strategic Growth Fund |
Closing Date | 6/3/2020 | 6/2/2020 | 6/2/2020 | 5/14/2020 | 4/14/2020 |
---|---|---|---|---|---|
Fund | Comvest Credit Partners V International | Comvest Credit Partners V | Comvest Credit Partners V International (Cayman) | Comvest Credit Partners V (Luxembourg) Intermediate Fund | Comvest Strategic Growth Fund |
Fund Type | Private Debt (Other) | ||||
Status | Open | ||||
Amount | $573.08M | $573.08M | $573.08M | ||
Sources | 3 | 1 | 1 |
Comvest Partners Partners & Customers
1 Partners and customers
Comvest Partners has 1 strategic partners and customers. Comvest Partners recently partnered with iLEVEL Solutions on October 10, 2014.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
10/2/2014 | Vendor | United States | Comvest Partners selects iLEVEL for portfolio monitoring Comvest Partners has selected the iLEVEL to monitor and analyze portfolio performance . | 3 |
Date | 10/2/2014 |
---|---|
Type | Vendor |
Business Partner | |
Country | United States |
News Snippet | Comvest Partners selects iLEVEL for portfolio monitoring Comvest Partners has selected the iLEVEL to monitor and analyze portfolio performance . |
Sources | 3 |
Comvest Partners Service Providers
4 Service Providers
Comvest Partners has 4 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acq - Fin - II | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acq - Fin - II | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Comvest Partners Team
10 Team Members
Comvest Partners has 10 team members, including current Chief Administrative Officer, Michael Altschuler.
Name | Work History | Title | Status |
---|---|---|---|
Michael Altschuler | Emergent Capital, UBS Investment Bank, and Latham & Watkins | Chief Administrative Officer | Current |
Deborah Nordell | Lehman Brothers, and PwC | Senior Vice President | Current |
Maneesh K. Chawla | Prospect Partners, Gryphon Investors, and Credit Suisse | Senior Partner | Current |
Cecilio Rodriguez | Jet Aviation | Chief Financial Officer | Former |
Peter J. Kight | V2 Wine Group, Fiserv, and Checkfree | Managing Partner | Former |
Name | Michael Altschuler | Deborah Nordell | Maneesh K. Chawla | Cecilio Rodriguez | Peter J. Kight |
---|---|---|---|---|---|
Work History | Emergent Capital, UBS Investment Bank, and Latham & Watkins | Lehman Brothers, and PwC | Prospect Partners, Gryphon Investors, and Credit Suisse | Jet Aviation | V2 Wine Group, Fiserv, and Checkfree |
Title | Chief Administrative Officer | Senior Vice President | Senior Partner | Chief Financial Officer | Managing Partner |
Status | Current | Current | Current | Former | Former |
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