Susquehanna International Group LLP said Jan. 31 that it has launched Susquehanna Private Capital LLC (SPC). SPC will target buyouts of middle market companies in the domestic U.S. in sectors including aerospace, industrials, consumer, healthcare, and business and government services. Susquehanna named Leo Helmers managing director and group head of SPC. Hemers was previously was managing partner of LMZ Partners as well as a managing director at the Carlyle Group.
BALA CYNWYD, Pa., Jan. 31, 2017 /PRNewswire/ — Susquehanna International Group, LLP (SIG) is pleased to announce the launch of a new private equity effort, Susquehanna Private Capital, LLC (SPC). SPC will be focused on buy outs of middle market companies across a broad spectrum of industries including aerospace, industrials, consumer, healthcare, and business and government services among others throughout the domestic United States. SPC further expands SIG’s global private equity efforts which includes Susquehanna Growth Equity (SGE) and Susquehanna Asia Investments, LLLP.
Leo Helmers has been appointed as a Managing Director and group head of SPC and will be building a team to a work with him during the course of 2017. Prior to joining SPC, Leo was Managing Partner of LMZ Partners as well as a Managing Director at the Carlyle Group. Earlier in his career, he worked at Trust Company of the West and Hamilton Lane.
“We are delighted that Leo agreed to join the SIG team and head up this exciting new venture with us,” said Amir Goldman, Managing Director of SGE. “He fits perfectly into our entrepreneur centric culture and we believe he and SPC will be very appealing to the owners of lower middle market companies that are looking for ways to monetize their businesses without harming the spirit of their companies”.
“I am pleased to be joining SIG to launch SPC, which will be focused on market leading companies with EBITDA between $3 and $30 million. SIG represents patient, flexible capital with no set time horizon unlike conventional private equity funds. Our ability to tailor our investments to meet the strategic objectives of middle market companies is a very compelling and attractive proposition.”
ABOUT SUSQUEHANNA PRIVATE CAPITAL
SPC is an affiliate of Susquehanna International Group, LLP. SPC will invest in and acquire domestic, middle market companies in a variety of industries including aerospace, industrials, consumer, healthcare, and business and government services among others. The firm is backed by a unique and patient capital base that allows management teams the freedom and flexibility to maximize growth.
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SOURCE Susquehanna International Group, LLP