![]() ![]() He is responsible for overseeing all facets of the firm’s investment activities and sits on the Investment Committee. Vince Smith is a Partner at Lometa Capital Partners. He also graduated magna cum laude from Rice University with a BA in Mathematical Economic Analysis and Statistics. Neal received an MBA from the Kellogg School of Management at Northwestern University. While at Lazard, Neal advised clients in the upstream, midstream, oilfield services, and transportation sectors on mergers, acquisitions, and capital structures. He also held interim senior management roles at two portfolio companies including the Chief Financial Officer of Precision Holdings and the Vice President of Strategy of Material Sciences Corporation.īefore joining Insight, Neal was an Analyst in the M&A group at Lazard Frères & Co., a financial advisory and asset management firm. While at Insight, Neal was responsible for the execution of several platform and add-on acquisitions as well as working directly with portfolio company senior management teams. Prior to Sky Island, Neal was a Vice President at Insight Equity, an operationally intensive middle market private equity firm with approximately $1.4 billion under management. ![]() ![]() Prior to founding Lometa, Neal was a Principal and founding team member of Sky Island Capital where he helped lead the buyout of Material Sciences Corporation. Our focus is to determine that we want to close, get it done, and start a positive partnership with you and/or your management team.Neal Jain is a Partner and the CEO of Lometa Capital Partners, responsible for overseeing all facets of the firm’s investment activities. We feel that usually leads to fights between the parties, doesn’t change the economics in any material way, and is a waste of everybody’s time and emotional energy. For example, we don’t have a working capital adjustment mechanism in our documents. Thereafter, we deliver fair and balanced transaction documents and avoid the usual pitfalls that lead to fights. Our focus is to confirm the accuracy of the data and then get a better knowledge of the people that we will be working with after the deal closes. The transaction process after that is a very quick and efficient one. We provide a detailed letter of intent that sets forth in very clear terms the conditions and terms under which we will close. We think it’s a waste of everybody’s time to do that, and as such we operate in exactly the opposite way. Many private equity firms have a bad reputation for setting deal terms and then trying to use the transaction process towards to exact further concessions. We also provide assistance in developing the assets, staff, and systems to get these businesses to the next level. Further, Ashland regards each of its portfolio companies as long-term investments and will stand behind our portfolio companies and their management teams as they endure short-term challenges.Īdditionally, Ashland provides growth capital in partnering with successful entrepreneurs in early-stage businesses, specifically with profitability of between $1 – $5 million in TTM EBITDA.Īs a long-term partner, Ashland can offer mature relationships with institutional investors and lenders alike, and can thus reduce the overall cost of capital which would otherwise be impossible for this size of company. Our investments are not bound by the predefined exit horizons with private equity models, thus allowing our investment partnerships to evolve unhindered by the external requirements of institutional capital. We invest for the long term, partnering with in-place management teams to create lasting business value.Īshland is a partnership of family and individual investors which, as opposed to a traditional fund model, is advantageous for both us and the companies with whom we partner. ![]() Ashland acquires controlling interests in companies with values ranging from $10 million to $50 million and strengthens these businesses with targeted, strategic guidance. Ashland Capital is a Chicago-based private investment firm devoted to investing in and growing companies in the lower-middle market. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |