Oak Hill Capital Partners is a

private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including lev ...

headquartered in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

, with more than $19 billion of committed capital from

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...

s, endowments, foundations,

corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...

pension A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments ...

funds and global financial institutions.

Robert Bass Robert Muse Bass (born 19 March 1948) is an American billionaire businessman and philanthropist. He was the chairman of Aerion Corporation, an American aerospace firm in Reno, Nevada. In 2018 he had a net worth of $5 billion. Bass has served o ...

is the lead investor. Oak Hill Capital is one of several Oak Hill partnerships, each of which has an independent management team. These Oak Hill partnerships comprise over $18 billion of investment capital across multiple asset classes, including private equity, special situations, high yield and bank debt, venture capital,

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more genera ...

and a public equity exchange fund. On April 20, 2010 the company announced acquisition of Denver-based data center company ViaWest Inc. for an undisclosed amount. In 2017 the company sold Wave Broadband for more than $2.3 billion.

Notable investors

, who was an early investor in

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...

s in the 1980s and employed David Bonderman and Jim Coulter the founders of

Texas Pacific Group TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in grow ...

, is the lead investor in Oak Hill Capital Partners. The company has garnered widespread media attention due to its addition of investors

Bill Gates William Henry Gates III (born October 28, 1955) is an American business magnate and philanthropist. He is a co-founder of Microsoft, along with his late childhood friend Paul Allen. During his career at Microsoft, Gates held the positions ...

and

Nike Nike often refers to: * Nike (mythology), a Greek goddess who personifies victory * Nike, Inc., a major American producer of athletic shoes, apparel, and sports equipment Nike may also refer to: People * Nike (name), a surname and feminine give ...

founder Phil Knight. Other investors include the Country of Singapore and Stanford University.

Notable investments

Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including: *

Imagine Group Imagine may refer to: * Imagination Music Albums * ''Imagine'' (Armin van Buuren album), 2008 * ''Imagine'' (Eva Cassidy album), 2002 * ''Imagine'' (Janice Vidal album), 2012 * ''Imagine'' (John Lennon album), 1971 ** ''Imagine: John Lennon' ...

* Ariel *

Atlantic Broadband Breezeline (previously Atlantic Broadband) is the trade name for the United States operations of Cogeco Communications, constituting the 8th largest cable operator in the United States, based on the number of television service customers served ...

Genpact Genpact is an American professional services firm legally domiciled in Bermuda with its headquarters in New York City, New York. The company currently employs more than 100,000 people and provides services to clients in over 30 countries worldw ...

* The Container Store *

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EXL Service EXL Service is a global analytics and digital solutions company serving industries including insurance, healthcare, banking and financial services, media, retail, and others. The company is headquartered in New York and has more than 37,000 pro ...

* Progressive Moulded Products *

TravelCenters of America TravelCenters of America LLC is the largest publicly traded full-service truck stop and travel center company in the United States. The company operates full service centers, convenience stores, and restaurants under the TravelCenters of America, ...

WideOpenWest WideOpenWest (doing business as WOW!) is the sixth largest cable operator in the United States with their network passing 3,248,600 homes and businesses. The company offers landline telephone, cable television, and broadband Internet services. ...

* Blackboard Inc. * American Savings Bank (

Washington Mutual Washington Mutual (often abbreviated to WaMu) was the United States' largest savings and loan association until its collapse in 2008. A savings bank holding company is defined in United States Code: Title 12: Banks and Banking; Section 1842: Def ...

) *

Bell & Howell Bell and Howell LLC is a U.S.-based services organization and former manufacturer of cameras, lenses, and motion picture machinery, founded in 1907 by two projectionists, and originally headquartered in Wheeling, Illinois. The company is now ...

(

ProQuest ProQuest LLC is an Ann Arbor, Michigan-based global information-content and technology company, founded in 1938 as University Microfilms by Eugene B. Power. ProQuest is known for its applications and information services for libraries, provid ...

) * Oreck Corporation *

Vertex Data Science Vertex is a call centre operator that also offers a variety of other business process outsourcing (BPO) and customer management outsourcing services. Originally the back office service function inside UK utility company United Utilities, Vertex ...

eGain eGain Corporation (formerly known as eGain Communications Corporation) is a cloud-based software company with its headquarters at Sunnyvale, California. eGain provides applications for customer service, knowledge management, and analytics, that ...

* Wometco Cable Corporation * MetroNet * Alibris *

Dave & Buster's Dave & Buster's is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's has a full-service restaurant and a video arcade. As of October 2022, the company has 151 locations in the United States and tw ...

* Local TV LLC *

Checkers and Rally's Checkers Drive-In Restaurants, Inc. is a chain of double drive-thru restaurants in the United States. The company operates Checkers and Rally's restaurants in 28 states, and the District of Columbia. They specialize in hamburgers, hot dogs, fren ...

*Safe Fleet *Invisalign *Blackboard *Burger King *Vexus Fiber *Omni Fiber *GoNetSpeed

Recent acquisitions

In October 2014, Oak Hill Capital Partners acquired

Berlin Packaging Berlin Packaging is a supplier of packaging services headquartered in Chicago, Illinois, United States. Its customers include companies in the beverage, food, personal care, pharmaceutical, household care, industrial, and coatings sectors. As ...

for a fee of $1.43 billion from

Investcorp Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, ...

. In January 2018, Oak Hill Capital Partners acquired Safe Fleet from The Sterling Group. No value of the deal was mentioned. On June 15, 2018, Oak Hill Capital Partners acquired a majority stake in VetCor Group Holdings Corp. Terms of the transaction were not disclosed.

Investment professionals

Managing Partners

*Tyler Wolfram *Brian Cherry *Steven Puccinelli

Partners

*Scott Baker *Benjamin Diesbach *Stratton R. Heath III *John R. Monsky *John Rachwalski *Micah Meisel *Mark Pinho

Principals

*Adam Hahn *Peter Armstrong *Jeffery Mettam *Christopher Williams *Nico Theofanidis *Jennifer Jun

References

Notes

Gates Joins a Dream Team Fund

External links

* {{Private equity and venture capital American companies established in 1986 Financial services companies established in 1986 Private equity firms of the United States Privately held companies based in Connecticut Companies based in Stamford, Connecticut