Star Mountain Capital

Star Mountain Capital

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Investment Firm

Overview

Star Mountain Capital is a specialized investment firm with ~$4 billion in AUM (committed capital including debt facilities as of 1/15/2024) focused exclusively on the large and fragmented U.S. lower middle-market. Star Mountain has closed ~100 direct investments and ~20 secondary / fund investments since inception. The Firm provides insights, relationships and resources to assist companies in maximizing value by:

  1. Providing senior and/or junior debt to established, growing small and medium-sized companies.

  2. Investing minority or control equity capital into established, growing small and medium-sized companies.

  3. Purchasing investments and LP positions from other investors in lower middle-market funds and companies.

  4. Providing strategic LP capital (including separate accounts) to lower middle-market funds.

Star Mountain’s specialty is helping grow companies that generally have at least $15 million of annual revenues and under $50 million of EBITDA through organic and strategic initiatives such as acquisitions.

Team includes former Head of Credit Suisse Alternatives ($100 bn AUM), Chief Risk Officer GSO / Blackstone, Head of Leveraged Loan Capital Markets at Merrill Lynch and BAML (underwrote ~$50 bn in event driven financings), Co-Heads of ~$6 bn Merrill Lynch and BAML Private Equity, ~$11 bn Citigroup Private Equity and Merchant Banking Division of BNP Paribas and Head of Media & Communications Merchant, Investment and Corporate Banking at BMO.

Star Mountain was recognized as one of the Best Places to Work by both Crain’s and Pensions & Investments.

Crain’s two-part survey process consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. The second part involved an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking. Crain’s does not disclose the total number of companies participating. There is no fee to be considered in the Best Places to Work in NYC program. Star Mountain must pay a fee to Crain’s only for survey collection purposes. Detailed eligibility criteria can be found here: https://www.bestplacestoworknyc.com/eligibility-criteria

To be named to P&I's Best Places list, all firms met Best Companies' high threshold for inclusion and were evaluated against others of similar size. Individual firm profiles, which were compiled based on survey results, reflect U.S. employment numbers and were confirmed by Best Companies in the summer. Company and employee comments were edited for space, style and clarity.  Assets under management or advisement are as of June 30, unless otherwise noted. To participate, companies had to have at least 20 employees in the U.S., at least $100 million of discretionary assets under management or advisement and be in business for at least one year. An anonymous employee survey, which aimed to evaluate employee engagement and satisfaction, accounted for 75% of a firm's score; an employer survey, which evaluated workplace policies, practices, benefits and demographics, made up 25%. P&I does not disclose the total number of companies participating. There is no fee to be considered in the Best Places to Work in Money Management program. Star Mountain must pay a fee to P&I only for survey collection purposes. Detailed eligibility criteria can be found here: https://www.bestplacestoworkmm.com/eligibility-criteria

Highlights

Founded

2010

Industry

Financial Services

Employees

51-100

Investment

8

Lead Investment

3

Exits

2

Stages

Early Stage Venture, Private Equity

Investor Type

Private Equity Firm

Location

New York, New York, United States, North America

Contact Information

Social

Profile Resume

Star Mountain Capital, established in 2010 and headquartered in New York, New York, United States, North America., specializes in Early Stage Venture, Private Equity investments across Artificial Intelligence (AI), Machine Learning, Software Engineering, Analytics, UX Design, Generative AI, Digital Marketing, Data Management, Video Editing, Robotic Process Automation (RPA). The organization boasts a portfolio of 8 investments, with an average round size of $31.0M and 2 successful exits. Their recent investments include Bridgenext (formerly Emtec), Uncle John's Pride, Maranon Capital, Avante Capital Partners, Apple Montessori Schools. The highest investment round they participated in was $4.3B. Among their most notable exits are Bridgenext (formerly Emtec) and Uncle John's Pride. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Bruce Eatroff

Bruce Eatroff

Managing Director

imagePlace Brett Hickey

Brett Hickey

Founder & CEO

imagePlace Stephan Connelly

Stephan Connelly

Managing Director

imagePlace Ryan McGovern

Ryan McGovern

Managing Director

imagePlace Christopher Gimbert

Christopher Gimbert

Chief Financial Officer

imagePlace David DiPaolo

David DiPaolo

Managing Director

Investment portfolio

Star Mountain Capital has made 8 investments. Their most recent investment was on Nov 09, 2023, when Uncle John's Pride raised $17.0M.

investments

8

Diversity investments

2

Lead investments

3

Number of exits

2

Investments

8

Annouced DateOrganization NameIndustryMoney Raised
Jan 11, 2022
Caregility Caregility
Health Care25.0M
Jan 24, 2022--null
Nov 09, 2023
Uncle John's Pride Uncle John's Pride
Food and Beverage27.0M
Nov 09, 2023
Uncle John's Pride Uncle John's Pride
Food and Beverage17.0M

Exits

2

Funding Timeline

Funding rounds

8

Investors

0

Funds

5

Funding Rounds

8

Star Mountain Capital has raised 8 rounds. Their latest funding was raised on Nov 09, 2023 from a Series A - Uncle John's Pride round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 11, 2022
Venture Round - Caregility Venture Round - Caregility
-25.0M-
Jan 24, 2022
Private Equity Round - Radius Global Market Research Private Equity Round - Radius Global Market Research
-0-
Nov 09, 2023
Debt Financing - Uncle John's Pride Debt Financing - Uncle John's Pride
-27.0M-
Nov 09, 2023
Series A - Uncle John's Pride Series A - Uncle John's Pride
-17.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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