Eureka Growth Capital has changed its name to Eureka Equity Partners. The change is effective immediately. Philadelphia-based Eureka is a private equity firm that targets companies with up to $100 million in revenue.
PHILADELPHIA, PA, June 15, 2018 – Eureka Growth Capital today announced its new name, Eureka Equity Partners (“Eureka”), and its new website, https://www.eurekaequity.com. The new name emphasizes Eureka’s partnership approach in building niche market leaders in collaboration with proven management teams. The change is effective immediately.
“We are excited to rename the firm to what we believe best reflects our commitment to partnership, both with our portfolio company management teams and with our investors,” said Chris Hanssens, Managing Partner of Eureka.
“We believe Eureka Equity Partners better represents our strategy and approach, as the market over time has defined growth capital as a discrete stage of investing different from our investment mandate,” added Chris Hanssens. “Maintaining the Eureka brand affirms our connection to the sponsorship of our first fund by a fifth-generation, family-owned enterprise with its early roots in the coal fields of Pennsylvania and our founding of Eureka as an independent private equity firm nearly 15 years ago. We look forward to continuing to partner with talented management teams as their first institutional partner to drive niche market leaders into outstanding enterprises. The firm’s new name will carry on our commitment to honesty and integrity as a collaborative partner in shared challenges and successes. Counting exited portfolio company management team partners among our current Limited Partners and the length of our relationships with our investors result from that commitment.”
About Eureka Equity Partners
Eureka Equity Partners is a private equity firm targeting niche market leaders with up to $100 million in revenue. Eureka focuses on partnering with proven managers to drive the growth of promising companies into outstanding enterprises. Eureka leads buyouts that bring significant ownership to the operators driving the success of the business. With this core principal that aligns the interests of our operators and our investors, Eureka is also experienced and comfortable effecting minority recapitalizations with flexible investment structures designed to uniquely meet the needs of the company, its management team and other shareholders. More information about Eureka Equity Partners can be found at www.eurekaequity.com.