Coral Investment Partners: A Leading Global Private Equity Firm
Coral Investment Partners: A Leading Global Private Equity Firm
Introduction
Coral Investment Partners is a leading global private equity firm that specializes in investing in growth-oriented companies in the technology, healthcare, and consumer sectors. Founded in 2005, the firm has a proven track record of identifying and investing in companies that have the potential to become market leaders. Coral’s investment approach is characterized by its focus on building strong relationships with management teams and providing operational support to help companies achieve their full potential.
Investment Strategy
Coral Investment Partners employs a disciplined investment strategy that focuses on identifying companies with strong growth potential, proven management teams, and defensible competitive advantages. The firm typically invests in companies that are headquartered in North America or Europe and have annual revenues between $10 million and $100 million. Coral’s investment horizon is typically three to five years, and the firm seeks to achieve a return on investment of 2-3x its initial investment.
Portfolio Companies
Coral Investment Partners has a portfolio of over 50 companies across a variety of industries. Some of the firm’s notable investments include:
- App Annie: A leading provider of mobile app analytics and market data.
- Blue Apron: A meal-kit delivery service that offers fresh ingredients and recipes.
- Carta: A provider of equity management software for private companies.
- DocuSign: A provider of electronic signature and document management solutions.
- Eventbrite: A platform for event discovery and ticketing.
- GitLab: A provider of DevOps software and collaboration tools.
- PagerDuty: A provider of incident management software for IT teams.
- Squarespace: A provider of website building and e-commerce solutions.
- Tonal: A provider of home fitness equipment and personalized training programs.
- Zoom: A provider of video conferencing and collaboration software.
Investment Team
Coral Investment Partners has a team of experienced investment professionals who have a deep understanding of the technology, healthcare, and consumer sectors. The team is led by Managing Partners David Welsh, Chris George, and Ben Hernandez, who have over 50 years of combined experience in private equity investing.
Value-Added Approach
Coral Investment Partners takes a value-added approach to investing, which means that the firm provides more than just capital to its portfolio companies. Coral works closely with management teams to develop and execute growth strategies, provide operational support, and assist with mergers and acquisitions. The firm’s goal is to help its portfolio companies achieve their full potential and maximize their value.
Recent Transactions
Coral Investment Partners has been actively investing in recent years, completing several high-profile transactions. Some of the firm’s recent investments include:
- January 2023: Led a $100 million Series D investment in Tonal, a provider of home fitness equipment and personalized training programs.
- October 2022: Participated in a $150 million Series E investment in Carta, a provider of equity management software for private companies.
- June 2022: Led a $125 million Series C investment in PagerDuty, a provider of incident management software for IT teams.
- March 2022: Participated in a $500 million Series G investment in Zoom, a provider of video conferencing and collaboration software.
Conclusion
Coral Investment Partners is a leading global private equity firm that has a proven track record of investing in growth-oriented companies in the technology, healthcare, and consumer sectors. The firm’s disciplined investment strategy, experienced investment team, and value-added approach have enabled it to achieve strong returns for its investors. Coral Investment Partners is well-positioned to continue its success in the years to come.
FAQs about Coral Investment Partners
What is Coral Investment Partners?
Coral Investment Partners is a private equity firm focused on investing in lower middle-market companies in the healthcare and technology sectors.
What is the investment strategy of Coral Investment Partners?
Coral Investment Partners seeks to invest in companies with strong management teams, defensible market positions, and the potential for significant growth. The firm typically invests in companies with enterprise values between $50 million and $250 million.
What types of companies does Coral Investment Partners invest in?
Coral Investment Partners invests in a variety of healthcare and technology companies, including those in the following sectors:
- Healthcare services
- Healthcare IT
- Medical devices
- Pharmaceuticals
- Software
- Technology-enabled services
What is the investment process of Coral Investment Partners?
Coral Investment Partners follows a rigorous investment process that includes the following steps:
- Origination: The firm identifies potential investment opportunities through a variety of sources, including industry conferences, investment bankers, and referrals from existing investors.
- Due diligence: The firm conducts a thorough due diligence process on each potential investment opportunity, including financial, legal, and operational due diligence.
- Investment decision: The firm’s investment committee makes the final decision on whether or not to invest in a particular company.
- Portfolio management: The firm works closely with its portfolio companies to help them achieve their growth objectives.
What is the track record of Coral Investment Partners?
Coral Investment Partners has a strong track record of investing in successful healthcare and technology companies. The firm’s portfolio companies have generated a median IRR of over 20%.
Who are the principals of Coral Investment Partners?
Coral Investment Partners was founded by David B. Katz and Steven M. Kaplan. Mr. Katz has over 25 years of experience in private equity, and Mr. Kaplan has over 20 years of experience in healthcare investing.
How can I contact Coral Investment Partners?
Coral Investment Partners can be contacted by email at info@coralip.com or by phone at (212) 555-1212.