Court Square Capital Partners is a
private equity firm focused on
leveraged buyout transactions. Court Square was originally a captive private equity firm within
Citigroup known as Citigroup Venture Capital Equity Partners. Court Square's investment professionals have invested over $4.5 billion in more than 150 transactions, which have returned $14 billion to date.
Court Square is headquartered in
New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
and was spun out of
Citigroup in 2006. The firm is named after the location of Citigroup's offices at
One Court Square in
Queens
Queens is the largest by area of the Boroughs of New York City, five boroughs of New York City, coextensive with Queens County, in the U.S. state of New York (state), New York. Located near the western end of Long Island, it is bordered by the ...
.
History
March 2015 Court Square Capital acquired Research Now.
Court Square currently manages approximately $8.2 billion of investor commitments.
The firm's predecessor Citicorp Venture Capital Equity Partners traces its roots to 1968 with the founding of Citicorp Venture Capital. In the 1980s, CVC Equity Partners began to focus primarily on leveraged buyout transactions.
The spin out of Court Square came at the same time as the spin outs of private equity groups from other leading investment banks including:
JPMorgan Chase
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services, finance corporation headquartered in New York City and incorporated in Delaware. It is List of largest banks in the United States, the largest ba ...
(
CCMP Capital),
Morgan Stanley (
Metalmark Capital), Deutsche Bank (
MidOcean Partners) and
Credit Suisse First Boston (
Avista Capital Partners,
Diamond Castle Holdings).
In 2008, Citigroup sold off the bulk of its $400 million of interests in legacy Court Square investment funds to
secondary investors AlpInvest Partners and
Goldman Sachs.
[Kreutzer, Laura.]
Citigroup shutting down VC arm after Metalmark buy
" DowJones Private Equity News, May 29, 2008
References
* Moore, Heidi.
Court Square fundraising tops rivalsDowJones Financial News, July 13, 2007
* Moore, Heidi.
Banks look to outsourced managementDowJones Financial News, September 25, 2006
*
,
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world.
The agency ...
, December 16, 2006
*
CITIGROUP UNIT AGREES TO BUY REST OF DELCO REMY" ''
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'', February 8, 2001
* Carr, David.
Citigroup Unit Buys Real Estate Publications" ''The New York Times'', January 10, 2005
External links
Court Square Capital Partners(company website)
{{Merchant banking private equity groups
Financial services companies established in 1968
Private equity firms of the United States
Citigroup