Predict your next investment

Parthenon Capital company logo
Private Equity
FINANCIAL | Investment Firms & Funds
parthenoncapital.com

See what CB Insights has to offer

Investments

50

Portfolio Exits

26

Funds

7

Partners & Customers

2

Service Providers

3

About Parthenon Capital

Parthenon Capital (“Parthenon”) is a private equity firm that partners with and invests in management teams and their companies. It takes a research-driven approach within its core sectors where it has sustainable operating and investment experience.

Parthenon Capital Headquarter Location

One Federal Street, 21st Floor

Boston, Massachusetts, 02110,

United States

617-960-4000

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.

Parthenon Capital Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Parthenon Capital Rank

Latest Parthenon Capital News

Venbrook Group swoops for firms on both coasts

Aug 20, 2021

| Insurance Business Venbrook Group, one of the nation’s largest independent insurance distribution and services firms, has announced the acquisitions of New Jersey-based RD Parisi Associates and California-based David Morse Associates (DMA). The acquisitions mark the latest chapter in Venbrook’s growth since it partnered with private equity firm Parthenon Capital last year. RD Parisi offers a complete range of employee benefits products, bolstering Venbrook’s employee benefits division and expanding its presence on the East Coast. DMA is an independent adjuster with more than 150 locations serving more than 40 states. The acquisition strengthens Venbrook Claims Services’ suite of adjusting, investigation, subrogation and claims administration services. With the acquisitions of RD Parisi and DMA and earlier investments in Megan Insurance and ComStar Insurance Solutions, Venbrook has seen rapid growth over the past year and now employs more than 600 people. “Joining forces with RD Parisi and DMA marks an exciting milestone in Venbrook’s evolution,” said Jason Turner, president and CEO of Venbrook. “We have long admired both companies, their business acumen and culture. Their unparalleled expertise and world-class talent are a great addition to our company. With Parthenon’s ongoing support through financial growth capital and strategic expertise, we continue to see a very bright future of growth.” “We couldn’t be happier to join the Venbrook fold,” said Duke Snider, CEO of DMA. “In these changing times, we have remained decidedly old-school, with service at a customer’s fingertips and always with a human touch. Partnering with Venbrook will allow us to continue to deliver the same level of service our clients have come to expect.”

Parthenon Capital Investments

50 Investments

Parthenon Capital has made 50 investments. Their latest investment was in RxSense as part of their Private Equity on May 5, 2020.

CBI Logo

Parthenon Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/12/2020

Private Equity

RxSense

Yes

2

10/30/2019

Private Equity - II

MRO

Yes

1

10/16/2019

Recap

DaySmart Software

Yes

2

3/16/2018

Private Equity

Subscribe to see more

$99M

Subscribe to see more

10

2/26/2018

Private Equity

Subscribe to see more

$99M

Subscribe to see more

10

Date

5/12/2020

10/30/2019

10/16/2019

3/16/2018

2/26/2018

Round

Private Equity

Private Equity - II

Recap

Private Equity

Private Equity

Company

RxSense

MRO

DaySmart Software

Subscribe to see more

Subscribe to see more

Amount

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

1

2

10

10

Parthenon Capital Portfolio Exits

26 Portfolio Exits

Parthenon Capital has 26 portfolio exits. Their latest portfolio exit was BillingTree on May 10, 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

5/10/2021

Acquired

$991

REPAY

5

2/11/2021

IPO

$991

Public

1

10/20/2020

Acq - Fin

Ontario Teachers' Pension Plan, and Lightyear Capital

2

00/00/0000

Subscribe to see more

Subscribe to see more

$991

Subscribe to see more

10

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

5/10/2021

2/11/2021

10/20/2020

00/00/0000

00/00/0000

Exit

Acquired

IPO

Acq - Fin

Subscribe to see more

Subscribe to see more

Companies

Subscribe to see more

Subscribe to see more

Valuation

$991

$991

$991

Acquirer

REPAY

Public

Ontario Teachers' Pension Plan, and Lightyear Capital

Subscribe to see more

Subscribe to see more

Sources

5

1

2

10

10

Parthenon Capital Acquisitions

19 Acquisitions

Parthenon Capital acquired 19 companies. Their latest acquisition was Mid Atlantic Capital Group on June 06, 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

6/6/2018

Acq - Fin

1

8/15/2013

Acq - Fin

Acq - Fin

1

8/13/2013

Acq - Fin

Acq - Fin - II

1

2/15/2013

Subscribe to see more

$99M

Subscribe to see more

10

10/5/2011

Acq - Fin

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/6/2018

8/15/2013

8/13/2013

2/15/2013

10/5/2011

Investment Stage

Acq - Fin

Acq - Fin

Acq - Fin

Companies

Subscribe to see more

Subscribe to see more

Valuation

Total Funding

$99M

$99M

Note

Acq - Fin

Acq - Fin

Acq - Fin - II

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Parthenon Capital Fund History

7 Fund Histories

Parthenon Capital has 7 funds, including Parthenon Investors VI.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/9/2019

Parthenon Investors VI

Buyouts & Acquisitions

$2,000M

6

5/31/2016

PCP Fund V

Subscribe to see more

$99M

10

2/15/2012

Parthenon Investors IV LP

Subscribe to see more

$99M

10

5/30/2007

Parthenon Investors III LP

Subscribe to see more

$99M

10

2/1/2001

Parthenon Investors II LP

Subscribe to see more

$99M

10

Closing Date

12/9/2019

5/31/2016

2/15/2012

5/30/2007

2/1/2001

Fund

Parthenon Investors VI

PCP Fund V

Parthenon Investors IV LP

Parthenon Investors III LP

Parthenon Investors II LP

Fund Type

Buyouts & Acquisitions

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Amount

$2,000M

$99M

$99M

$99M

$99M

Sources

6

10

10

10

10

Parthenon Capital Partners & Customers

2 Partners and customers

Parthenon Capital has 2 strategic partners and customers. Parthenon Capital recently partnered with allworth Financial on October 10, 2017.

Date

Type

Business Partner

Country

News Snippet

Sources

10/4/2017

Partner

allworth Financial

United States

Parthenon Capital Partners and Hanson McClain Advisors Finalize Partnership to Expand.

`` We believe a fiduciary , financial planning approach is best , and we want to see that available to as many people as possible , '' says Pat McClain , co-founder and senior partner of Hanson McClain Advisors .

2

6/29/2011

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

10/4/2017

6/29/2011

Type

Partner

Partner

Business Partner

allworth Financial

Country

United States

Subscribe to see more

News Snippet

Parthenon Capital Partners and Hanson McClain Advisors Finalize Partnership to Expand.

`` We believe a fiduciary , financial planning approach is best , and we want to see that available to as many people as possible , '' says Pat McClain , co-founder and senior partner of Hanson McClain Advisors .

Subscribe to see more

Subscribe to see more

Sources

2

10

Parthenon Capital Service Providers

3 Service Providers

Parthenon Capital has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - Fin

Investment Bank

Joint Bookrunner, Joint Lead Arranger

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

Subscribe to see more

Service Provider

Subscribe to see more

Subscribe to see more

Associated Rounds

Acq - Fin

Subscribe to see more

Subscribe to see more

Provider Type

Investment Bank

Subscribe to see more

Subscribe to see more

Service Type

Joint Bookrunner, Joint Lead Arranger

Subscribe to see more

Subscribe to see more

Partnership data by VentureSource

Parthenon Capital Team

9 Team Members

Parthenon Capital has 9 team members, including current Chief Executive Officer, Managing Partner, David J. Ament.

Name

Work History

Title

Status

David J. Ament

Chief Executive Officer, Managing Partner

Current

Brian Golson

Everdream, Prometheus Partners, McKinsey & Company, and GE Capital

Chief Executive Officer, Managing Partner

Current

Ernest Jacquet

Chief Executive Officer

Current

Joseph C Taveira

Hancock Capital Management, Audax Group, Putnam Investments, and Navigant Consulting

Chief Financial Officer

Current

Paul Marnoto

K&L Gates LLP, and Ropes & Gray

Chief Compliance Officer

Current

Name

David J. Ament

Brian Golson

Ernest Jacquet

Joseph C Taveira

Paul Marnoto

Work History

Everdream, Prometheus Partners, McKinsey & Company, and GE Capital

Hancock Capital Management, Audax Group, Putnam Investments, and Navigant Consulting

K&L Gates LLP, and Ropes & Gray

Title

Chief Executive Officer, Managing Partner

Chief Executive Officer, Managing Partner

Chief Executive Officer

Chief Financial Officer

Chief Compliance Officer

Status

Current

Current

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.