Stages:

• Middle Market

 

Industries:

Business Services

Manufacturing & Industrial

 

Description:

Navigation Capital Partners (NCP) is an Atlanta-based private equity that makes control growth equity and buyout investments in lower middle market niche business services companies primarily in the Southeastern U.S. and Texas. The firm is also focused on providing SPAC services for companies looking to go public via SPAC vehicles. Navigation's portfolio companies typically have initial enterprise values below $75 million and revenues of under $150 million. The managers of NCP formerly founded and managed Mellon Ventures, the private equity investment arm of Mellon Financial Corporation. Mellon Ventures invested over $1.4 billion in private equity investments between 1995 and 2006. In December of 2006, NCP acquired the private equity portfolio of Mellon Ventures. NCP manages $375 million of invested and committed capital. The firm targets $10 million to $30 million of equity investment per transaction. The firm invests in niche manufacturing and services businesses with $20 to $200 million in revenue. These are typically established businesses with leading, defensible market positions attained through meaningful and long-standing customer relationships, proprietary manufacturing processes, the provision of critical services, or territorial dominance or exclusivity. Primary Target Sectors: Specialty Finance and Payments, Digital / Media, Intelligent Infrastructure, Industrial Services, Transportation and Logistics, and Value-Added Distribution. Over the past 30 years, NCP and its predecessor firms have invested nearly $2 billion in private equity into 157 companies and 70 funds.