Align Capital Partners (ACP) has launched a new independent sponsor-focused private equity strategy, Align Collaborate (Collaborate), which has been established in partnership with experienced independent sponsor investors, Grant and Michael Kornman.
According to a press statement, Align Collaborate’s goal is to be a “collaborative equity partner that offers strong strategic and financial alignment to each prospective independent sponsor relationship”.
With private capital fundraising on the decline and a growing number of high-quality independent sponsor professionals, the Align Collaborate will look to partner with this distinct group of investors and target $5-30m equity investments per transaction in support of platform companies with between $2-15m of EBITDA.
Prior to forming Align Collaborate, Grant and Michael Kornman Co-Founded NCK Capital, a boutique independent sponsor that acquired controlling interests in lower-middle market companies. The pair completed five platform acquisitions across a variety of industries during their time at NCK Capital.
