Solamere Capital has named Bill Duplisea as head of business development. Previously, Duplisea was vice president of private equity sales at the Gerson Lehrman Group. He started his career at BlackRock where he held multiple institutional sales roles.
January 25, 2021: Solamere Capital, LLC (“Solamere”), a $2 billion leading multi-strategy private equity firm focused on investing in founder and family-owned businesses, announced today that Bill Duplisea has been appointed Head of Business Development.
“Bill really understands the need to have an edge when sourcing opportunities”, said Spencer Zwick, Co-Founder and Managing Partner. “He also has the background and experience to look at a new opportunity, quickly understand its growth and sales strategy, and immediately deliver the edge that the Solamere team and network bring to the table as a financial partner. Bill’s unique skillset is going to give us a significant advantage in the market and I’m confident there are few people better suited to leverage the team, model, and network we’ve built”.
Mr. Duplisea will be responsible for sourcing investment opportunities directly from founders and families, the Solamere Network of industry leaders and executives as well as from Solamere’s top intermediary relationships.
“We offer something different to business owners,” said Eric Scheuermann, Solamere Co-Founder and Managing Partner. “We provide them liquidity, let them continue to operate the business without interference, and seek to increase their remaining equity value through engagement of what we believe is an unparalleled network of senior business relationships across all industries. We’ve partnered with many satisfied business owners, and we look forward to Bill spreading the word to future partners.”
“I’ve had the opportunity to work alongside hundreds of great investment firms so far over my career”, said Duplisea. “Solamere is unlike any firm I’ve come across or worked with. Not only have they built a differentiated model with their unparalleled investment experience and track record; the depth, reach and level of engagement of the Solamere Network is truly industry-leading. I believe we will be top of mind for management teams looking to grow their businesses to the next level.
“We are thrilled to add Bill to the team”, said Co-Founder and Managing Partner Tagg Romney. “Bill’s 10 years of institutional business development experience combined with a strong entrepreneurial background will be instrumental as we expand our deal-sourcing strategy. Bill will be a great ambassador for Solamere.”
Mr. Duplisea brings an extensive background in sales, relationship management and entrepreneurship to Solamere. Prior to joining Solamere, Bill served as Vice President of Sales at the Gerson Lehrman Group (GLG) in New York where he helped lead a successful buildout of the firm’s Private Equity Sales Division. Prior to GLG, Mr. Duplisea worked in Institutional Sales at BlackRock in New York working with the firm’s largest insurance clients. Bill graduated from Villanova University with a degree in Finance. A lifetime entrepreneur, Mr. Duplisea started his first business at age 11, a successful landscape construction firm that was sold 15 years later.
About Solamere Capital:
Solamere Capital is a $2 billion multi-strategy private investment firm founded in 2008 by Tagg Romney, Eric Scheuermann, and Spencer Zwick. Solamere provides a platform that is designed to enable CEOs and industry leaders to combine both their capital and networks to source and add value to private investment opportunities.
Solamere’s strategic network of investors is designed to provide the ability to invest patiently for the long-term, to be creative in structuring either minority or majority transactions, and to leverage the Solamere Network of investors and executives as we seek to create meaningful value for our portfolio companies.
Solamere currently has a committed capital structure with commitments from an expansive network of (200+) strategic investors, families, business owners and senior executives covering all major industries. The firm looks to partner with growing founder and family-led businesses within the consumer, industrials, business services and healthcare space with EBITDA greater than $7 million.