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ABOUT US
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We are a newly formed private equity partnership that is positioning itself in the lower middle market through an investment strategy underpinned by a highly disciplined and targeted sourcing model, operational excellence to enhance value and a highly complementary and dynamic sponsorship partnership.
Founding partners have over 55 years of combined complementary experience in financial services and corporate middle-market companies with expertise in the restaurant, food, beverage and hospitality sectors among others.
History as long-standing and established senior leaders at Blackstone, Goldman Sachs and Mackinac/Accordion Partners.
Strong personal and professional relationships fostering trust, loyalty and collaboration.
William: Sourcing, investment due diligence, public and private capital investing, risk underwriting, deal negotiations, capital markets and financial structuring.
Nishant: Operational value creation, financial and business restructuring, public and private capital investing and several roles as CEO, CFO and CRO.
Nathaniel: M&A advisory, industry coverage, due diligence, sell-side readiness risk underwriting and capital raising.
Founding partners are industry leaders in their respective areas.
Focus on minimizing risks related to execution, business operations, corporate culture and overpayment.
Targeting opportunities for successful timely exits after multiple expansion and operational improvements.
18 years of experience with the past 11 years at Blackstone Credit (“BXC”) serving as a Managing Director and senior lead originator with expertise in public and private market investing, risk underwriting, capital markets representation and sourcing and structuring complex transactions
Transaction team and relationship lead in deploying over $13 billion in private and opportunistic credit with a focus on the restaurant, hospitality, internet infrastructure, business services, technology and industrials sectors
Co-led the multi-billion-dollar Opportunistic Credit Strategy; contributed to the sequential build out of GSO’s then BXC’s private credit businesses; spent time co-leading alternative credit capital markets at BXC
Aided portfolio companies with asset management and cross-selling through partnering with BXC’s Advantage Team
Prior investment professional at hedge funds Satellite Asset Management and Karsch Capital; started career at Lehman Brothers in investment banking
Served on the Board of Directors for Logan’s Roadhouse and Production Resource Group (~$1.5 billion in total sales)
Passionate early-stage investor in, and impactful partner to, private companies especially in the food, beverage, restaurant and technology sectors
Operating Partner, Mission 3A
BA, Williams College
Member, Alumni Development Council, The Brunswick School
20 years of experience at Mackinac Partners serving as the Co-Head of the Turnaround & Restructuring practice and the Head of the Food & Beverage and Leisure & Hospitality segments
CEO, CRO, CFO, COO and Lead Restructuring Advisor for lower middle market companies including Real Mex, Sullivan’s Steakhouse, Eddie Merlot’s, Romano’s Macaroni Grill, Boston Market, Logan’s Roadhouse, Veggie Grill,Corner Bakery, Summerland Wine Brands, Windsor Steel, Quantum Fuels Systems, Pacific Monarch Resorts, and Long Meadow Ranch
Served on the Board of Directors of several companies differing in scale including Native Foods Café, Great Destinations, Romano’s Macaroni Grill, Sullivan’s Steakhouse, Checkers and Rally’s, Sbarro and Mach Point
Founded Great Destinations Inc., a timeshare resale platform; sold to Interval Leisure Group (NASDAQ: ILG)
Founded Dividend Restaurant Group, restaurant acquisition platform with ~$130 million revenue
Certified Insolvency & Restructuring Advisor (CIRA)
Member, The Young Presidents’ Organization (YPO)
M&A Advisor 40 Under 40
BA, Purdue University
18 years experience at Goldman Sachs Investment Banking serving as a Managing Director within its Global Industrials division
Led client coverage in:
– Building products & construction
– Industrial distribution & capital goods
– Automotive
– Business services sectors
Executed more than $100 billion of M&A, anti-raid, anti-activism, take-private transactions
Led 6 IPOs; dozens of debt and equity underwritings
Won numerous new clients to Goldman Sachs in excess of $1 billion
Senior team leader managing more than 40 junior and senior bankers across teams
Business Unit Manager, Global Industrials Group (2013)
Clients ranged from large cap Industrials (e.g., GE, Lockheed Martin, Cummins) to small- and mid-cap public
and private companies
Treasurer, Board of Trustees, The Groton School
Series 7 & 24 licensed financial professional
BA, Williams College
*Elevare is in active discussions with additional Operating Partners and Strategic Advisors
12 years of CEO experience across multi-unit restaurants and fitness studios, and the information and media services industry mostly leading private equity-backed businesses
CEO of Quality Restaurant Group from 2019 to 2022 overseeing its expansion to over 350 multi-concept franchise restaurants across 15 states and four concepts, with annual revenue exceeding $350MM and a workforce of over 9,000 employees. Directed and integrated $130MM in 14 M&A transactions and 75 real estate transactions within a 3-year period
Current CEO of OT Growth Partners overseeing 60 Orangetheory owned and franchised locations in North Carolina, Wisconsin, Indiana and Iowa. Led two successful acquisitions and integrations in 2023
Former CEO of Progressive Business Media, a B2B information and marketing services and events organization. Successfully grew and exited in an all-cash sale to Gannett Media Corp
Prior Investment Management Experience at Goldman Sachs and Investment Banking experience at Deutsche Bank
Member of YPO International and YPO Southern Seven
Received multiple 40 under 40 and Fastest Growing Company Awards
MBA, NYU Stern School of Business; BA, Dartmouth College
13 years of C-suite experience across multi-unit restaurants, hair salons and med spas including working for private equity-backed businesses and with limited partners
CFO of Major Food Group from 2015-2019, overseeing Finance and Accounting, HR, IT, Purchasing, and Risk Management for a portfolio of over 25 restaurants, including Carbone, The Grill, The Pool, Lobster Club, Dirty French, Sadelle’s, Santina and Parm
Current Executive Chairman of Young Medical Medspa, a private equity-backed 16-unit medical spa roll up. Spearheaded the hiring of a new CEO and created a de novo strategy for new and existing markets
Former CEO and Co-Founder at Hair Cuttery Family of Brands - originated the deal and led a sponsor-backed capital raise to acquire existing Hair Cuttery assets out of bankruptcy. Led a successful turnaround strategy of 500+ hair salons across the US by stabilizing operations, achieving significant operating cost reductions within 12 months and putting the business on a strong growth trajectory. Awarded PR Week award for Best in Employee Engagement
Prior CFO of Ricky’s NYC, a hair-care and beauty retail firm with 29 locations across New York, New Jersey, and Florida, owned by Quality King Distributors
MBA, Columbia Business School; BFA, NYU Tisch School of the Arts
