Genstar Capital Partners stands as a leading private equity firm focused on investing in middle-market companies across select industries. With a commitment to helping businesses reach their full potential, Genstar provides not only capital but also strategic guidance and operational expertise. This article delves into the core aspects of Genstar Capital Partners, exploring their investment philosophy, key sectors, and impressive portfolio of current and past investments.
Genstar Capital operates with a clear mission: to empower forward-thinking leaders and equip them with the resources necessary to accelerate transformational change. They seek out companies that demonstrate a hunger for growth, a drive for innovation, and a commitment to continuous improvement. By partnering with Genstar Capital Partners, businesses gain more than just financial backing; they gain a strategic ally dedicated to supporting their journey every step of the way.
Strategic Investment Sectors at Genstar Capital Partners
Genstar Capital Partners strategically focuses its investments across four key sectors, demonstrating deep industry knowledge and a targeted approach to value creation. These sectors are:
- Financial Services: Recognizing the increasing complexity and competitiveness within the financial services landscape, Genstar Capital Partners targets companies that provide essential third-party distribution and technology solutions. They look for businesses characterized by strong growth trajectories, recurring revenue models, high customer retention, and compelling financial returns. This focus acknowledges the critical role of technology and specialized services in the evolving financial services sector.
ACA Group Logo
- Healthcare: Driven by the ever-increasing demand for quality healthcare and the concurrent need for cost-effective solutions, Genstar Capital Partners invests in companies within the healthcare industry. Their focus lies in healthcare, life science, and pharmaceutical businesses that leverage technology, outsourcing, consumer engagement, and data analytics to drive innovation and efficiency. This sector focus reflects the long-term growth potential and societal importance of healthcare.
Advarra Logo
- Industrials: In the industrials sector, Genstar Capital Partners capitalizes on the continuous drive for global industrial production, automation, and enhanced productivity. They target companies that manufacture products and deliver services meeting increasingly complex engineering demands. Differentiation through technology, specialized applications, unique capabilities, or scale are key investment criteria within this sector.
Arrowhead Engineered Products Logo
- Software: Genstar Capital Partners identifies mission-critical application software businesses as a core investment area. They seek market-leading companies within specific vertical markets that exhibit robust customer bases, high levels of recurring revenue, established operating histories, low capital expenditure requirements, and possess unique domain expertise or intellectual property. This highlights the firm’s belief in the scalability and resilience of well-positioned software businesses.
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Genstar Capital Partners: Current Investments
The following is a selection of Genstar Capital Partners’ current portfolio companies, showcasing the breadth and depth of their investments across their target sectors:
Financial Services Portfolio Companies:
- ACA Group: A leading provider of technology-enabled governance, risk, and compliance (GRC) solutions to the financial services industry, serving over 6,000 clients globally.
acaglobal.com
Status: Current / 2021 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Sid Ramakrishnan
ACA Group Logo
- Alera Group: A large employee benefits and insurance brokerage platform, ranking among the largest privately held firms in the U.S.
aleragroup.com
Status: Current / 2017 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Matt McCabe
Alera Group Logo
- AmeriLife: A provider of outsourced insurance and retirement solutions focused on the U.S. senior market.
amerilife.com
Status: Current / 2022 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Sid Ramakrishnan
AmeriLife Logo
- Amwins Group: One of the largest independent wholesale distributors of specialty insurance products worldwide.
amwins.com/
Status: Current / 2019 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Sid Ramakrishnan
Amwins Group Logo
- Aperture: A national provider of forensic engineering and expert services catering to law firms, insurance companies, and corporations.
aperturellc.com
Status: Current / 2024 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Matt McCabe, Terry McKenna
Aperture Logo
- Apex Group: A global financial services provider offering a broad range of solutions to asset managers, financial institutions, and private clients.
apexgroup.com
Status: Current / 2017 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Sid Ramakrishnan
Apex Group Logo
- Ascensus: A technology-enabled service provider specializing in recordkeeping and administration for retirement and 529 savings plans in the U.S.
ascensus.com
Status: Current / 2015 Investment
Sector: Financial Services
Genstar Team: Tony Salewski
Ascensus Logo
- Association Member Benefits Advisors (AMBA): A national affinity marketing insurance agency distributing supplemental insurance and voluntary benefits.
amba.info
Status: Current / 2016 Investment
Sector: Financial Services / Healthcare
Genstar Team: Ryan Clark, Deryn Jakolev
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- Cerity Partners: A provider of comprehensive financial management services to high-net-worth individuals, families, and organizations.
ceritypartners.com
Status: Current / 2022 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Matt McCabe
Cerity Partners Logo
- Cetera Financial Group: A network of independent firms empowering financial advisors across the U.S.
cetera.com
Status: Current / 2018 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Sid Ramakrishnan
Cetera Financial Group Logo
- Docupace: A software provider streamlining back-office operations for wealth management enterprises and financial advisors.
docupace.com
Status: Current / 2024 Investment
Sector: Financial Services
Genstar Team: Sid Ramakrishnan, Conor Flemming
Docupace Logo
- Jet Support Services, Inc. (JSSI): The leading independent provider of maintenance support and financial services to the business aviation industry.
jetsupport.com
Status: Current / 2022 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Eli Weiss, Deryn Jakolev
Jet Support Services, Inc. Logo
- Likewize: A global provider of device protection products and services, handling millions of customer issues annually.
likewize.com/
Status: Current / 2023 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Conor Flemming
Likewize Logo
- MASA Global: Offering pre-paid membership programs for medical emergency transportation services worldwide.
masaglobal.com
Status: Current / 2020 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Michael Waller
MASA Global Logo
- Mercer Advisors: A leading independent RIA with extensive experience in wealth management, serving mass-affluent and high-net-worth clients.
merceradvisors.com
Status: Current / 2015 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Ben Marshall
Mercer Advisors Logo
- Numerix: Providing innovative capital markets technology solutions for trading and risk management.
numerix.com
Status: Current / 2022 Investment
Sector: Software / Financial Services
Genstar Team: Tony Salewski, Scott Niehaus
Numerix Logo
- Obsidian Insurance Holdings: An insurance fronting platform supporting MGAs, MGUs, and program managers.
obsidianspecialty.com
Status: Current / 2020 Investment
Sector: Financial Services
Genstar Team: Ryan Clark, Michael Waller
Obsidian Insurance Holdings Logo
- Orion Advisor Solutions: A provider of integrated wealth management software and turnkey asset management solutions for independent advisors.
orion.com
Status: Current / 2020 Investment
Sector: Financial Services
Genstar Team: Tony Salewski, Sid Ramakrishnan
Orion Advisor Solutions Logo
Healthcare Portfolio Companies:
- Advarra: A leading provider of IRB, IBC, and research compliance services for the life sciences industry.
advarra.com
Status: Current / 2019 Investment
Sector: Healthcare
Genstar Team: Scott Niehaus
Advarra Logo
- Association Member Benefits Advisors (AMBA): (Listed in Financial Services and Healthcare due to sector overlap)
amba.info
Status: Current / 2016 Investment
Sector: Financial Services / Healthcare
Genstar Team: Ryan Clark, Deryn Jakolev
AMBA Logo
- ConnectiveRx: A healthcare software and payments company focused on patient and provider support solutions.
connectiverx.com
Status: Current / 2015 Investment
Sector: Healthcare / Software
Genstar Team: Jean-Pierre Conte, Eli Weiss, Deryn Jakolev
ConnectiveRx Logo
- Flourish: A clinical trial site management organization (SMO) with expertise across various therapeutic areas.
flourishresearch.com
Status: Current / 2024 Investment
Sector: Healthcare
Genstar Team: Scott Niehaus, Terry McKenna
Flourish Logo
- Signant Health: Providing patient-centric technology solutions to advance clinical research for life science companies.
www.signanthealth.com
Status: Current / 2017 Investment
Sector: Healthcare
Genstar Team: Jean-Pierre Conte, Scott Niehaus
Signant Health Logo
Industrials Portfolio Companies:
- Abracon: An industry leader in passive electronic components, providing essential solutions for connectivity and IoT applications.
abracon.com
Status: Current / 2022 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Matt McCabe
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- Arrowhead Engineered Products: A global provider of aftermarket replacement parts for various sectors including outdoor power equipment and powersports.
arrowheadepinc.com
Status: Current / 2021 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Ben Marshall, Deryn Jakolev
Arrowhead Engineered Products Logo
- BBB Industries, LLC: Supplying non-discretionary replacement parts in the North American automotive aftermarket.
bbbind.com
Status: Current / 2018 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Ben Marshall
BBB Industries, LLC Logo
- Brook + Whittle: A North American manufacturer of premium prime label solutions with a focus on sustainable and technically demanding applications.
brookandwhittle.com/
Status: Current / 2021 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, David Golde, Dominic Martellaro
Brook + Whittle Logo
- Clarience Technologies: A major producer of lighting, wiring, and safety accessories for the commercial vehicle industry.
clariencetechnologies.com/
Status: Current/2019 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Matt McCabe
Clarience Technologies Logo
- Marcone: The leading distributor of OEM branded residential appliance repair parts.
marcone.com
Status: Current / 2021 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Conor Flemming
Marcone Logo
- OTC Industrial Technologies: A distributor of engineered industrial products and services, enhancing efficiency for diverse industries.
www.OTCindustrial.com
Status: Current / 2019 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Deryn Jakolev
OTC Industrial Technologies Logo
- SEER Group: A home services provider specializing in HVAC, electrical, and plumbing services in the Pacific Northwest and Western U.S.
theseergroup.com
Status: Current / 2023 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Ben Marshall, Dominic Martellaro
SEER Group Logo
- Sonny’s Enterprises: The largest manufacturer of conveyorized car wash systems, providing comprehensive solutions for the car wash industry.
SonnysDirect.com
Status: Current / 2020 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, Dominic Martellaro
Sonny’s Enterprises Logo
- Tekni-Plex: A global manufacturer of engineered products and materials for healthcare and specialty packaging applications.
tekni-plex.com
Status: Current / 2017 Investment
Sector: Industrials
Genstar Team: Rob Rutledge, David Golde
Tekni-Plex Logo
Software Portfolio Companies:
- AffiniPay: A cloud-based software and integrated payments provider for professional service businesses, particularly in the legal market.
affinipay.com
Status: Current
Sector: Software
Genstar Team: Eli Weiss, Michael Waller
AffiniPay Logo
- Bullhorn: The market-leading software vendor exclusively focused on the staffing and recruitment industry, providing mission-critical CRM and ATS solutions.
bullhorn.com
Status: Current / 2017 Investment
Sector: Software
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- Community Brands: A leading provider of cloud-based software solutions for faith-based and member-based organizations.
communitybrands.com
Status: Current / 2015 Investment
Sector: Financial Services / Software
Genstar Team: Eli Weiss
Community Brands Logo
- ConnectiveRx: (Listed in Healthcare and Software due to sector overlap)
connectiverx.com
Status: Current / 2015 Investment
Sector: Healthcare / Software
Genstar Team: Jean-Pierre Conte, Eli Weiss, Deryn Jakolev
ConnectiveRx Logo
- Cyncly: A global provider of specialized CAD, CPQ, and enterprise solutions for interior design and furniture manufacturing.
cyncly.com/
Status: Current / 2021 Investment
Sector: Software
Genstar Team: Eli Weiss, Dominic Martellaro
Cyncly Logo
- Daxko: A provider of member management software and integrated payments for the health and wellness market.
daxko.com
Status: Current / 2021 Investment
Sector: Software
Genstar Team: Eli Weiss
Daxko Logo
- Enverus: A leading provider of business-critical insights and SaaS solutions for the energy, power, and commodities markets.
enverus.com
Status: Current / 2018 Investment
Sector: Software
Genstar Team: Eli Weiss, Scott Niehaus
Enverus Logo
- Inside Real Estate: A rapidly growing provider of software solutions for residential real estate brokerages and teams.
insiderealestate.com
Status: Current / 2021 Investment
Sector: Software
Genstar Team: Matt McCabe
Inside Real Estate Logo
- insightsoftware: Helping companies leverage financial and operational data for better business outcomes through reporting and performance management solutions.
insightsoftware.com
Status: Current / 2019 Investment
Sector: Software
Genstar Team: Eli Weiss
insightsoftware Logo
- Lightspeed Systems: A trusted partner for learning safety and effectiveness in the K-12 education market, providing web filtering and safety monitoring solutions.
lightspeedsystems.com
Status: Current / 2022 Investment
Sector: Software
Genstar Team: Scott Niehaus
Lightspeed Systems Logo
- Numerix: (Listed in Financial Services and Software due to sector overlap)
numerix.com
Status: Current / 2022 Investment
Sector: Software / Financial Services
Genstar Team: Tony Salewski, Scott Niehaus
Numerix Logo
- OEConnection (OEC): The leading global automotive technology provider for OEM distribution networks, offering e-commerce and supply chain solutions.
oeconnection.com
Status: Current / 2019 Investment
Sector: Software
Genstar Team: Eli Weiss, Scott Niehaus
OEConnection Logo
- PDI: Providing enterprise software and solutions for convenience retailers, petroleum marketers, and logistics carriers.
pditechnologies.com/
Status: Current / 2017 Investment
Sector: Software
Genstar Team: Eli Weiss
PDI Logo
- Procure Analytics: A software-centric group purchasing organization for MRO and packaging, leveraging significant buying power for member companies.
procureanalytics.com
Status: Current / 2021 Investment
Sector: Software
Genstar Team: Eli Weiss, Dominic Martellaro
Procure Analytics Logo
- Prometheus Group: An industry-leading provider of plant maintenance operations and optimization software for asset-intensive industries.
prometheusgroup.com
Status: Current / 2019 Investment
Sector: Software
Genstar Team: Eli Weiss, Sid Ramakrishnan
Prometheus Group Logo
- Stack Sports: Providing administrative support solutions and event management for recreational sports camps, classes, and events.
stacksports.com
Status: Current / 2017 Investment
Sector: Software
Genstar Team: Eli Weiss
Stack Sports Logo
- Telestream: Providing digital video software and workflow solutions for media and entertainment companies and various business environments.
telestream.net
Status: Current / 2015 Investment
Sector: Software
Genstar Team: Eli Weiss
Telestream Logo
- Vector Solutions: Offering award-winning SaaS solutions for training management, compliance, and workforce scheduling across various industries.
vectorsolutions.com
Status: Current / 2021 Investment
Sector: Software
Genstar Team: Eli Weiss, Matt McCabe
Vector Solutions Logo
Genstar Capital Partners: Past Investments
Financial Services – Past Portfolio Companies:
- 2-10 Home Buyers Warranty
- Acrisure
- Artivest (formerly Altegris)
- AssetMark
- AWL
- Confie Seguros
- Financial Horizons Group
- Innovative Aftermarket Systems
- Institutional Shareholder Services
- Insurity
- MidCap Financial
- Palomar Specialty Insurance
- Strategic Insight
Industrial Technology – Past Portfolio Companies:
- Altra Industrial Motion
- Boyd Corporation
- ConstructConnect
- ECM Industries
- Fort Dearborn
- Infinite Electronics
- MW Industries
- Power Products
- Pretium Packaging
- Woods Equipment Company
Healthcare – Past Portfolio Companies:
- Axia
- Catalent Pharma Solutions
- eResearch Technologies
- Evolution1
- Netsmart Technologies
- PRA International
- Tecomet (also Industrials)
Software – Past Portfolio Companies:
- Accruent
- AssetMark (also Financial Services)
- ConstructConnect (also Industrial Technology)
- Evolution1 (also Financial Services/Healthcare)
- Insurity (also Financial Services)
- Netsmart Technologies (also Healthcare)
- Sphera (also Industrials)
- Strategic Insight (also Financial Services)
- TravelClick
Conclusion: Genstar Capital Partners – A Partner for Growth
Genstar Capital Partners distinguishes itself as a private equity firm deeply committed to fostering growth and transformation within middle-market companies. Their focused sector approach, combined with a wealth of operational expertise and strategic resources, positions them as a valuable partner for businesses seeking to scale and excel. By investing in companies with strong fundamentals and ambitious leadership, Genstar Capital Partners continues to drive significant value creation across financial services, healthcare, industrials, and software sectors, solidifying their position as a leading force in the private equity landscape.
