Balance Point Capital Partners said Tuesday that it has named Justin M. Kaplan as a partner. Prior to joining BPCP, Kaplan worked at BNY Mellon Alcentra Mezzanine Partners. Based in Westport, Connecticut, BPCP is a provider of capital to lower middle market companies in the U.S.
WESTPORT, Conn., July 9, 2013 /PRNewswire/ — Balance Point Capital Partners L.P. (“BPCP”), a leading provider of capital to lower middle market companies located throughout the United States, is pleased to announce that Justin M. Kaplan has joined the BPCP team as a Partner.
Mr. Kaplan brings an extensive background in providing investment capital to the lower middle market. For the past nine years, Mr. Kaplan has worked at BNY Mellon Alcentra Mezzanine Partners where he was responsible for transaction sourcing, deal execution and the monitoring of portfolio companies. Mr. Kaplan began his career in the investment banking group of Veronis Suhler Stevenson, an independent investment bank and private equity fund specializing in the media industry.
Mr. Kaplan earned a B.A. from Cornell University and was a recipient of the Cornell Fellowship Scholarship.
“Justin’s background and expertise in providing debt and equity financing to companies in our target market is a great fit with BPCP,” commented Managing Partner Seth Alvord. “His broad industry exposure, analytical experience and strong relationships will be invaluable as we continue to deploy capital in support of companies and management teams across the lower middle market. We are very excited to have him join our partnership.”
About Balance Point Capital Partners
Balance Point Capital Partners invests mezzanine and equity capital in select lower middle market companies. Since 1988, the firm and its predecessor funds have invested in over 75 distinct businesses. Balance Point Capital Partners takes a long-term, partnership approach to investing and is committed to building lasting relationships with private equity sponsors, management teams and intermediaries. The Fund targets companies with EBITDA between $2 million and $20 million. Balance Point Capital Partners is based in Westport, CT (www.balancepointcapital.com).