Signals Next Phase Of Company’s Growth
Summit, NJ, – September 20, 2016, 8 am EDT– Lightview Capital, a leading private equity firm focused on technology and business services companies in the lower middle market, today announced that the company has changed its name from Red Oak Growth Partners. The name change reflects the next phase of the firm’s success focused on partnering with entrepreneurs and management teams to build industry leading companies in growth markets with an emphasis on strong recurring revenue and predictable operating results.
Since the mid-1990s, founders Rich Erickson and Conor Mullett have led direct investments of over $250 million in invested capital in more than 20 growth focused companies. To date, over half of those investments have led to IPOs or strategic acquisition exits yielding enterprise value well in excess of $1 billion. Over the course of their combined 50+ years of experience they have founded and managed both operating businesses and investment firms and were instrumental in raising over $500 million in capital from leading institutional investors that included university endowments, pension funds, family offices and funds.
“Lightview Capital’s objective is to build industry leaders by investing in and partnering with world-class entrepreneurs and management teams in the lower middle market of the technology and business services sectors,” said Richard Erickson, co-founder and Managing Director, Lightview Capital. “We are committed to providing our management teams with the support and expertise required to grow and expand these businesses through accelerated organic growth and strategic acquisitions.”
We are committed to providing our management teams with the support and expertise required to grow and expand these businesses through accelerated organic growth and strategic acquisitions.
Co-founder and Managing Director Conor Mullett added, “Lightview Capital is focused on delivering consistent investment performance across its’ portfolio by leveraging industry domain expertise, operational, sales, marketing and product development best practices, strategic planning, and merger and acquisition plan development and execution. As active investors focused on enhancing value, Lightview Capital serves as a collaborative and complimentary resource to its management teams.”
About Lightview Capital
Lightview Capital is a leading private equity firm focused on providing insightful experience, deep industry knowledge and active resources to unlock growth and drive value. Headquartered in New Jersey and founded in 2012, Lightview Capital (formerly known as Red Oak Growth Partners) focuses on investments in companies in the technology and service industry segments across North America. Lightview Capital’s approachable investment style combines deep operational and financial experience with an entrepreneurial spirit that delivers measurable results. We are known for bringing a personal touch and collaborative approach that develops deep relationships with our portfolio management teams.