Forsyth Capital Investors, a St. Louis-based investment firm, has announced the start-up of its USD100m fund.
Forsyth Capital Investors, a St. Louis-based investment firm, has announced the start-up of its USD100m fund.
Forsyth Capital Investors, which has been formed to invest in small to middle market private companies in the US, is led by Chet Walker (photo), founder of Banc of America Capital Investors, and Kyle Chapman, a private equity executive with both investing and operating experience.
In addition to providing private equity expertise, Forsyth Capital Investors has formed a strategic partnership with Barry Wehmiller Companies, a global supplier of engineering consulting and manufacturing technology solutions.
‘Forsyth Capital Investors will employ a unique ‘hybrid’ approach to investing that blends the best of private equity practices with the deep operational expertise of Barry Wehmiller to strengthen the value proposition of an investment by our firm,’ says Walker. ‘This combination should enable us to more effectively drive value to our portfolio companies through active strategy development and operational improvements, while relying less on financial leverage to generate returns.’
‘We are excited to be able to bring more to the table than just financial engineering,’ says Chapman. ‘Our goal will be to enhance the value of our portfolio companies by utilizing the strategic resources offered by Barry Wehmiller – whether it is cost savings through combined purchasing, people‐centric motivational programs or ‘turnaround’ capabilities – while, at the same time, not compromising the entrepreneurial culture and autonomy of the leadership teams as separate portfolio companies of Forsyth Capital Investors.’
Forsyth Capital Investors will focus on investing in small to middle market companies that have EBITDA in the range of USD5m to USD10m, and will be making equity investments of USD10m to USD30m for majority ownership positions.
