ABS Capital Partners is an American

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...

firm focused on investments in software and tech-enabled services businesses across a range of industries, including

FinTech Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are r ...

Healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health pro ...

EdTech Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning. When referred to with its abbreviation, edtech, it often refer ...

eCommerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain managemen ...

cybersecurity Computer security, cybersecurity (cyber security), or information technology security (IT security) is the protection of computer systems and networks from attack by malicious actors that may result in unauthorized information disclosure, t ...

, and

Smart Cities A smart city is a technologically modern urban area that uses different types of electronic methods and sensors to collect specific data. Information gained from that data is used to manage assets, resources and services efficiently; in retur ...

. Founded in 1990, the firm is based in

Washington, DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morg ...

Baltimore Baltimore ( , locally: or ) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, and the 30th most populous city in the United States with a population of 585,708 in 2020. Baltimore was ...

, and

San Francisco San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17t ...

. The company has raised approximately $2.5 billion since its inception across seven funds. ABS Capital Partners is a member of the National Venture Capital Association.

History

ABS Capital Partners was founded in 1990 and was originally the investment arm of Alex. Brown & Sons (later BT Alex. Brown). The firm's founder, Donald Hebb spent more than 20 years with Alex. Brown where he was

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

from 1986 to 1991, leading the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

in 1986. In July 1996, ABS purchased a majority stake in the BBN Corporation. In July 1999, ABS invested in Captivate Network. In 2001, ABS invested NeuStar Inc. In May 2002, ABS invested $13 million in Payformance Corp. In February 2006, ABS made an equity investment in Restaurant Technologies Inc. In 2007, ABS and DCA Capital Partners invested $19.25 million in Superior Vision. In 2012,

Nautic Partners Nautic Partners is a private equity firm focused on leveraged buyout investments in middle market companies across a range of industries that includes healthcare, industrial products, and outsourced services. The firm has AUM of approximately $ ...

LLC bought out both companies to acquire the majority stake in Superior Vision.

References

External links

ABS Capital Partners
(company website)
ABS Capital Partners
Business Week Profile.
{{DEFAULTSORT:Abs Capital Partners Private equity firms of the United States Companies based in Baltimore Venture capital firms of the United States American companies established in 1990 Financial services companies based in Maryland 1990 establishments in Maryland Financial services companies established in 1990