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DECEMBER 11, 2018
Tiger Peak Capital Changes Name to Tygon Peak Capital
NEW YORK, NY, December 11, 2018 — Tiger Peak Capital (“Tiger Peak”), a New York-based private equity firm that invests in the North American lower middle-market, today announced that the firm is changing its name to Tygon Peak Capital (“Tygon Peak”). While the company reviewed its name prior to selecting Tiger Peak Capital, in its subsequent efforts to trademark the name, it has become apparent that the name too closely resembles a number of other financial entities to be awarded a trademark. The company has decided that the wisest course of action is to adopt a more unique identity. “We don’t want to cause distraction or possible confusion with other firms so we are opting to create a distinctive name that we can legally safeguard,” said founder and Managing Partner Haran Narulla. “The name Tygon Peak - a name that evokes both tiger and lion – is similar enough to Tiger Peak that it allows us to retain our connection to our investors and the wider community. We believe it captures the strength, charisma and stateliness associated with both animals, attributes valued by our firm.” The firm remains at its current location: 200 Vesey Street, 24th Floor New York, NY 10281 (646) 952-8626 In September of this year, the firm announced its second investment when it acquired a majority stake in Voice Comm, a national leader in supply chain management services for the mobile device accessories industry. Tygon Peak’s first investment, which closed in October 2017, was in a specialty home healthcare business providing care to patients with chronic ailments. About Tygon Peak Capital Tygon Peak Capital is a New York-based private equity firm focused on investing in market leading, lower middle market companies in North America. Tygon Peak invests in businesses and situations where the backgrounds, experiences, and networks of its partners can create additional value. The firm provides flexible capital, creative solutions, in-house operating expertise, familiarity with regulated industries, and comfort with organized labor to help build extraordinary businesses both organically and through acquisitions. Tygon Peak invests in industrial, manufacturing, business services, aerospace and defense, federal services, healthcare, and other regulated industries. Visit www.tygonpeakcapital.com for more information. Contact: Owen Blicksilver Public Relations, Inc. Caroline Luz / 203-656-2829 / caroline@blicksilverpr.com Kristin Celauro / 732-433-5200 / kristin@blicksilverpr.com SEPTEMBER 10, 2018
Tiger Peak Capital Acquires Voice Comm
NEW YORK, NY, September 10, 2018 — Tiger Peak Capital (“Tiger Peak”), a New York-based private equity firm that invests in the North American lower middle-market, today announced it has acquired a majority stake in Voice Comm, a national leader in supply chain management services for the mobile device accessories industry. Tiger Peak led the investment in partnership with management and Tiger Peak’s equity investors, including Rockwave Capital and Seven Shores. Terms of the transaction were not disclosed. Voice Comm is a premier supply chain manager for mobile device accessories for the North American market. Founded in 2001 and based in Pennsauken, New Jersey, the company provides supply chain management services to over 10,000 locations across North America. Products supplied by Voice Comm are compatible with those of major manufacturers such as Apple, Samsung, and Google, and work with Bluetooth and other universally usable systems. Voice Comm’s customers include wireless carriers operating their own outlets, independent dealers and operators, repair facilities, and specialty outlets. This marks the second institutional investment for Tiger Peak, which was founded in 2016 and is led by industry veteran Haran Narulla. In 2017, Tiger Peak led an investment in a specialty home healthcare company which caters to patients with terminal illnesses. Mr. Narulla, Managing Partner at Tiger Peak, said, “Tiger Peak has a specific mandate to invest in market leading businesses that are looking for financial, operational and strategic support as they continue their growth trajectories, and we are pleased to welcome Voice Comm to our growing portfolio. Voice Comm has a very strong franchise and is critical to its customers’ and vendors’ supply chains. We are thrilled to be a part of the explosive growth in the mobile technology ecosystem through Voice Comm, and we believe that ongoing device evolution will continue to drive growth in the overall telecom market.” Representatives from management, Tiger Peak, Rockwave and Seven Shores will join Voice Comm’s Board of Directors. Voice Comm’s management team, led by CEO Derek Weiss, will remain with the company under its new owner. Mr. Weiss said, “We are pleased to be working with the Tiger Peak team as we begin our next phase of growth. Tiger Peak’s capital will fuel our expansion into new markets through organic build-out as well as acquisitions. Even more importantly, we will benefit from the firm’s tremendous operating and industry expertise as we chart our future.” McGuireWoods served as legal advisors to Tiger Peak. Rush Street Capital advised on debt financing and CohnReznick LLP was the firm’s accounting and tax advisor. About Voice Comm Voice Comm is the premier mobile accessory distributor for the North American market. Founded in 2001 and based in Pennsauken, New Jersey, the company provides supply chain management services to approximately 10,000 locations around the U.S. and Canada. Voice Comm’s customers include wireless carriers operating their own outlets, independent dealers and operators, repair facilities, and specialty outlets. Visit www.myvoicecomm.com for more information. About Tiger Peak Capital Tiger Peak Capital is a New York-based private equity firm focused on investing in market leading, lower middle market companies in North America. Tiger Peak invests in businesses and situations where the backgrounds, experiences, and networks of its Partners can create additional value. The firm provides flexible capital, creative solutions, in-house operating expertise, familiarity with regulated industries, and comfort with organized labor to help build extraordinary businesses both organically and through acquisitions. Tiger Peak invests in industrial, manufacturing, business services, aerospace and defense, federal services, healthcare, and other regulated industries. Visit www.tigerpeakcapital.com for more information. Contact: Owen Blicksilver Public Relations, Inc. Caroline Luz / 203-656-2829 / caroline@blicksilverpr.com Kristin Celauro / 732-433-5200 / kristin@blicksilverpr.com OCTOBER 18, 2017
NEW YORK, NY, October 18, 2017 — Tiger Peak Capital Holdings, LLC (“Tiger Peak”) announced today that, through an affiliate, and together with its equity partners, it has acquired a controlling interest in a leading specialty home healthcare business (“Healthco”) from the company’s founder and his family. Healthco is a leading provider of specialty home healthcare services to a unique population pool with terminal illnesses. As part of Tiger Peak’s investment into Healthco, Healthco’s founder will transition from managing the business to a seat on Healthco’s board. Healthco will continue to be led by its experienced management team. Haran Narulla, Managing Partner of Tiger Peak, said: “The founder and management team of Healthco have built an industry-leader with a strong reputation for providing high-quality patient care, and thanks to their efforts, Healthco is well-positioned to continue to grow. We are excited to work with the Healthco team to help accelerate Healthco’s growth trajectory.” McGuireWoods LLP served as transaction, financing and regulatory counsel to Tiger Peak, with CohnReznick LLP providing accounting and tax-related services to support Tiger Peak’s investment. |