DENVER, Oct. 10,
2023 /PRNewswire/ -- Revelstoke Capital Partners
("Revelstoke" or the "Firm"), a healthcare-focused private equity
firm with $5.6 billion of assets
under management, is pleased to announce that Bonaccord Capital
Partners ("Bonaccord" or "BCP") made a passive minority investment
in the firm. Bonaccord, a subsidiary of P10, Inc. (NYSE: PX), is a
private equity platform dedicated to acquiring non-control equity
interests in leading private markets investment firms.
Bonaccord's investment provides Revelstoke with long-term
capital to pursue strategic investments and growth initiatives.
There will be no change to Revelstoke's investment process,
day-to-day management, or firm operations.
Revelstoke has experienced significant growth since its founding
in 2013, having raised three flagship private equity funds, three
single-asset continuation vehicles under the EPIC series and
numerous co-investment vehicles. Across these investment vehicles,
Revelstoke has completed 184 acquisitions, which include 26
platform companies and 158 add-on acquisitions.
"We are proud to have established a strategic long-term
partnership with Bonaccord, which we believe will be integral to
Revelstoke's continued growth and will allow us to increase our
commitment to our funds, further enhancing our alignment with our
limited partners," said Simon
Bachleda, Co-Founder and Managing Partner at Revelstoke. "We
believe Bonaccord's experience, track record and long-term
commitment to Revelstoke will be invaluable as we work with
entrepreneurs and management teams to build market-leading
healthcare services companies on behalf of our investors."
"We are incredibly pleased that Revelstoke is our first
dedicated healthcare-focused partnership, and we are proud to
partner with Simon, Russell, and the team as they embark on their
next phase of growth and development," said Ajay Chitkara, Managing Partner at Bonaccord.
"We believe in Revelstoke's ability to build industry-leading
companies within the healthcare and wellness sectors given the
long-term demand outlook for high-quality healthcare procedures,
products and services in one of the largest and fastest growing
sectors of the U.S. economy."
Evercore and Houlihan Lokey
served as financial advisers to Revelstoke. Kirkland & Ellis
LLP and Winston & Strawn LLP acted as legal counsel to
Revelstoke and Fried, Frank, Harris, Shriver & Jacobson LLP
advised Bonaccord.
About Revelstoke Capital Partners
Revelstoke is
a private equity firm formed by experienced investors who focus on
building industry-leading companies in the healthcare and related
health and wellness sectors. Revelstoke partners with
entrepreneurs and management teams to execute a disciplined organic
and acquisition growth strategy as it strives to build exceptional
companies. Revelstoke is based in Denver, Colorado and has approximately
$5.6 billion of assets under
management. Since the Firm's inception in 2013, Revelstoke
has completed 184 acquisitions, which include 26 platform
companies and 158 add-on acquisitions.
About Bonaccord Capital Partners
Bonaccord
Capital Partners ("BCP") is a private equity
firm focused on acquiring non-control equity interests in
middle-market private markets sponsors spanning private equity,
private credit, and real estate and real assets. By leveraging its
strategic relationships, institutional capabilities, and strategic
development expertise, BCP seeks to support
transformative initiatives that help its portfolio companies reach
their potential and establish enduring institutions. BCP
aims to deliver its investors compelling investment returns
while supporting broader portfolio objectives through partnerships
with its portfolio companies. Bonaccord Capital
Partners is a part of P10, Inc. (NYSE: PX), a leading multi-asset
class private markets solutions provider in the alternative asset
management industry. For more information, please visit
www.bonaccordcapital.com
Contact:
Revelstoke – Public Relations Contact
Caroline Luz
Lambert
cluz@lambert.com
Bonaccord – Investor Relations Contact
Sophia Kolodzinski
Bonaccord
Sophia.kolodzinski@bonaccordcapital.com
info@bonaccordcapital.com
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SOURCE Revelstoke Capital Partners