New Mountain Capital based in New York City, is an asset management firm specializing in private equity and public equity capital. Founded in 2000 by Steven B. Klinsky, a veteran of Forestmann Little and Co. and Goldman Sachs, the firm manages over $8.5 billion of investments.
The firm typically invests between $100 million and $500 million in a single transaction, and looks for investment opportunities in companies that display market leadership with demonstrated potential for sustained growth, high operating margins, contingency plans and fallback positions for worst-case scenarios, and the potential for rapid increases in value.
New Mountain Capital invests primarily in sectors characterized by resilience in a variety of economic conditions, including healthcare, education, federal IT services, media, software, consumer products, logistics, education, energy, and financial services and technologies. New Mountain brings to the table a number of different strategies for growing value in portfolio companies, such as strengthening management teams, recruiting high quality board members, providing growth capital, making high-level sales on behalf of the company, increasing management ownership, and improving company financial systems and controls.
The list of current and previous portfolio companies for New Mountain Capital includes surgical services provider Sturgis, Inc., enterprise software application developer Deltek, Inc., and corporate finance and equipment leasing company Tygris Commercial Finance Group.
back to private equity firms