Stolberg Partners Completes $70 Million Private Equity Fund

Strategic Insights -

Stolberg Partners, a leading equity investment firm, has announced the completion of a $70 million private equity fund focused on investing in Rocky Mountain companies. The fund's primary objective is to provide capital to non-high-tech firms with revenues between $5 million and $75 million, which often face difficulties in accessing traditional sources of funding. The firm's principals have already invested in several successful Rocky Mountain companies, resulting in significant growth and employment increases.

Key Takeaways:

  • The $70 million private equity fund is focused on investing in Rocky Mountain companies with revenues between $5 million and $75 million.
  • The fund's primary objective is to provide capital to non-high-tech firms for internal growth, buying a competitor, reducing debt, or providing liquidity to stockholders.
  • Stolberg Partners has already invested in several successful Rocky Mountain companies, resulting in significant growth and employment increases.
  • The firm's principals have a proven track record of success, with companies like Alfalfa's and Translogic Corp. experiencing triple-digit growth in sales and employment after receiving capital infusions.
  • Yale University Endowment is the lead investor for the fund, joined by commercial banks, operating executives, insurance companies, and corporate pension funds.

Statistics:

  • The $70 million private equity fund aims to invest in non-high-tech companies with revenues of $5 million to $75 million.
  • The fund's investments will range from $500,000 to $12 million in both majority and minority ownership positions.
  • Companies like Alfalfa's have experienced significant growth, with sales increasing from approximately $20 million to $65 million and employment increasing from under 400 to 750.
  • Translogic Corp. has also seen significant growth, with sales increasing from $18 million to approximately $55 million and employment increasing by 65 percent.

Sources:

  • "Stolberg Partners Completes $70 Million Private Equity Fund," Business Wire, March 13, 1995.
  • Stolberg Partners, Press Release, March 13, 1995.
  • Yale University Endowment, Funding for the Stolberg Partners Private Equity Fund.