PE/VC  Harbert Management

http://www.harbert.net





     Office Locations:

2100 Third Avenue North, Suite 600
Birmingham, AL 35203
Phone: 205-987-5500
Fax: 205-987-5568

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Stages:

  • Early
  • Middle Market


 

Industries:

  • Business Services
  • Communications & Networking
  • Education & Training
  • Financial Services
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Media & Digital Media
  • Medical Device
  • Real Estate & Construction
  • Semiconductor
  • Software & Internet
  • Sports & Entertainment
  • Transportation & Distribution

  •  

    Description:

    Harbert Management Corporation (HMCSM) is a diversified investment firm. Harbert's committed capital and assets under management have grown from $1.5 billion in 2002 to approximately $4 billion as of January 31, 2016. Harbert invests across 11 alternative asset classes in three areas of concentration: real estate, private capital and absolute return strategies. In private equity, Harbert focuses on leveraged buyouts, recapitalizations, expansion capital investments, and select distressed opportunities, seeking to invest in companies which have an enterprise value between $10 million and $100 million, with a particular emphasis on transactions between $20 million and $50 million. In venture capital, Harbert provides growth capital to early stage information technology and healthcare companies in the Mid-Atlantic and Southeastern U.S., typically investing in the first or second institutional rounds, with initial investment amounts between $500,000 and $3 million. Particular sectors of investment interest include: Information Technology (Communications software and services, Enterprise/ applications software, Communications equipment, Semiconductors, Transaction processing); and Healthcare (Therapeutics, Biotechnology platforms, Diagnostics and medical devices, Healthcare IT, and Healthcare services and outsourcing). The firm's mezzanine capital group typically provides $3 million to $15 million in subordinated debt to companies in need of capital for organic growth, acquisitions, recapitalizations, or management buyouts. Harbert Private Equity provides equity capital to lower middle-market companies in a variety of industries. Harbert Private Equity has raised over $247 million in committed capital and has made nineteen platform investments and twenty one add-on acquisitions. HMC's investment teams are located in Birmingham, Alabama; New York, New York; Nashville, Tennessee; Richmond, Virginia; Atlanta, Georgia; San Francisco, California; London, United Kingdom; Madrid, Spain; Melbourne, Australia and Paris, France.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or New York Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Charles D. Miller Executive Vice President and Global Head of Distribution
    David A. Boutwell Executive Vice President & Chief Financial Officer
    Joel B. Piassick Executive Vice President
    John W. McCullough Senior Vice President and General Counsel
    Michael D. Luce President and Chief Operating Officer

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      04/16/2018


      Ceterus


      SC


      $10,000,000


      Series B


      03/12/2018


      Voci Technologies


      PA


      $8,000,000


      Series B


     

    Portfolio companies include:


      Agility Healthcare Solutions
        web link


      AireWire
        web link


      Aldagen
        web link


      Atlantic Coast Media
        web link


      Broadsource
        web link


      Cambridge Home Health Care
        web link


      Caregiver Services
        web link


      CareSync
        web link


      Ceterus
        web link


      Child Health Holdings
        web link


      Clarabridge
        web link


      Clinipace
        web link


      Community Hospices of America
        web link


      ControlScan
        web link


      D&S Residential
        web link


      Delta CompuTec
        web link


      Dent-A-Med
        web link


      ECA Holding
        web link


      ECI Merger Sub
        web link


      Funambol
        web link


      GAHH
        web link


      Healthcare Interactive
        web link


      Highwinds Capital
        web link


      Iconixx
        web link


      Innovative Biosensors
        web link


      Intelliject
        web link


      Invincea
        web link


      Ion Healthcare
        web link


      JackBe
        web link


      Keystone Printed Specialties
        web link


      MapAnything
        web link


      MaxCyte
        web link


      Mobile Posse
        web link


      Modus eDiscovery


      Movero
        web link


      nContact Surgical
        web link


      Netsertive
        web link


      NovaMin Technology
        web link


      Oliver Street Dermatology Holdings
        web link


      On-Site Fuel Service
        web link


      Onward Behavioral Health
        web link


      OpenQ
        web link


      Optical Experts Manufacturing
        web link


      Optimal Reading Service Group
        web link


      PeopleMatter
        web link


      PFC Acquisition
        web link


      Precision Alloys
        web link


      Privaris
        web link


      PWI Holdings
        web link


      Racemi
        web link


      RegisterPatient
        web link


      Shipt
        web link


      STX Healthcare Management
        web link


      TapRoot Systems
        web link


      TBT Holding Company
        web link


      Travis Body and Trailer
        web link


      TSF Holdings
        web link


      Unitrends Software
        web link


      Voci Technologies
        web link


      WellCentive
        web link


      WindChannel Communication
        web link


      Winnercomm Holdings
        web link


      WiserTogether
        web link


      Wyndham Jade
        web link


      Yap
        web link


     

    Recent News:


      There is no recent news for Harbert Management.