Investment manager Star Mountain Capital recently completed its 100th private investment.
“I’m grateful for our investors who continue to support us and to our aligned and dedicated team who have helped us assist numerous companies grow, including by financing strategic acquisitions. We are actively investing in new attractive private businesses, recently helping us achieve the milestone of our 100th investment,” Brett Hickey, founder and CEO of Star Mountain Capital, said. “With the aging demographic and challenged economic environment, we anticipate financing even more mergers and acquisitions as well as strategic organic growth initiatives, helping protect and grow American jobs.”
Since 2010, Star Mountain has made 79 direct investments in private U.S. small and medium-sized businesses and 21 secondary/fund investments within its Collaborative Ecosystem, which is exclusively focused on the U.S. lower middle-market.
“The data-driven insights we are able to generate from our Collaborative Ecosystem help us make better investment decisions and also helps our team develop,” Chris Birosak, chairman of Star Mountain’s investment committee, said.
Birosak, who has more than 30 years of leveraged finance, private equity and banking experience, helps bring large market expertise to smaller businesses. He was former co-head of BAML Capital Partners (the internal private equity investment group of Bank of America/Merrill Lynch), where he oversaw approximately $6 billion of private equity investments. Earlier in his career, Birosak was a managing director in leveraged finance at Merrill Lynch, where he led the underwriting of more than $15 billion in M&A and leveraged buyout financings. He also co-founded Merrill Lynch’s loan syndication group.
Star Mountain also opened new offices in Dallas and Denver this year, and added two former interns as full-time analysts. The company continues to seek full-time team members and senior advisors/operating partners.
