Webster Capital Management said Feb. 13 that it changed its name to Webster Equity Partners.
PRESS RELEASE
Webster Capital Announces Name Change to
Webster Equity Partners
WALTHAM, MA (February 13, 2019) – Webster Capital Management (“Webster”) announced today that the firm has changed its name to Webster Equity Partners. As part of the name change, Webster has released a new company logo and launched an updated company website at www.websterequitypartners.com.
“The new company name reflects the partnership strength and unique management approach that the firm brings to all its clients, portfolio companies and stakeholders,” said David Malm, Managing Partner.
The firm will continue its strategy of making private equity investments within the healthcare services and branded consumer sectors of the North American lower middle-market. The change is effective immediately.
“Our focus over the last fifteen years has been to build a mutually beneficial relationship with our sources of capital, deal flow and operating talent. Our name change reflects this focus,” said Donald Steiner, Founder and Co-Managing Partner.
There are no management or personnel changes associated with this name change and there will not be any material impact on Webster subsidiaries or investments following the transition.
Webster Equity Partners, LLC is not affiliated with Webster Financial Corporation or Webster Bank.
About Webster Equity Partners
Founded in 2003, Webster Equity Partners is a private equity firm that invests in the branded consumer and healthcare services industries and provides equity financing, expertise, and a broad contact network for management buyouts and growth capital. Webster is currently investing out of its fourth fund with $875 million of committed capital. For additional information on Webster Equity Partners, please visit www.websterequitypartners.com.