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Altamont Capital Partners

North America, California, United States, Palo Alto

Description

Altamont Capital Partners is a private equity firm based in Palo Alto, California, specializing in control investments in middle-market businesses. Founded in 2010, the firm distinguishes itself through a hands-on, operationally-focused approach, aiming to partner with management teams to drive significant value creation and long-term growth. Altamont targets companies across a diverse range of sectors, including financial services, healthcare, industrials, consumer, and business services, seeking out businesses that can benefit from strategic guidance and operational enhancements.

The firm's investment strategy centers on acquiring controlling stakes in companies with enterprise values typically ranging from $100 million to $1 billion. Altamont's team comprises professionals with deep operational experience, which they leverage to implement best practices, improve efficiencies, and accelerate growth within their portfolio companies. This active engagement is a cornerstone of their philosophy, ensuring that their capital contributions are complemented by strategic and operational expertise.

Altamont Capital Partners commands substantial capital, enabling significant investments. Their latest fund, Altamont Capital Partners IV, L.P., successfully closed in 2023 with $2.9 billion in commitments, underscoring their robust financial capacity. This allows them to make equity investments that typically range from $50 million to $250 million per transaction. The firm's focus remains on identifying and transforming companies that possess strong fundamentals but may require strategic capital and operational support to reach their full potential, ultimately building sustainable, market-leading enterprises.

Investor Profile

Altamont Capital Partners has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 22 rounds, about 61% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Undisclosed rounds (top funding stages).
  • Majority of deals are located in United States, Australia, United Kingdom.
  • Strong thematic focus on Insurance, Financial Services, Food and Beverage.
  • Typical check size: $50M – $250M.

Stage Focus

  • Private Equity (64%)
  • Series Unknown (14%)
  • Undisclosed (8%)
  • Post Ipo Equity (6%)
  • Debt Financing (3%)
  • Series A (3%)
  • Seed (3%)

Country Focus

  • United States (92%)
  • Australia (3%)
  • United Kingdom (3%)

Industry Focus

  • Insurance
  • Financial Services
  • Food And Beverage
  • Manufacturing
  • Fashion
  • Finance
  • Health Care
  • E-commerce
  • Information Technology
  • Insurtech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Altamont Capital Partners frequently co-invest with?

Access Holdings
North America, Maryland, United States, Baltimore
Co-Investments: 1
NXT Capital
North America, Illinois, United States, Chicago
Co-Investments: 3
Maranon Capital
North America, Illinois, United States, Chicago
Co-Investments: 1
MS&AD Ventures
North America, California, United States, Menlo Park
Co-Investments: 3
Makena Capital Management
North America, California, United States, Menlo Park
Co-Investments: 1
Kingfish Group
North America, California, United States, Foster City
Co-Investments: 1
Hanover Technology Investment Management
North America, California, United States, Portola Valley
Co-Investments: 2
Deer Park Road
North America, Colorado, United States, Steamboat Springs
Co-Investments: 1
Harvest Partners Structured Capital
North America, New York, United States, New York
Co-Investments: 1
Churchill Asset Management
North America, New York, United States, New York
Co-Investments: 1

What are some of recent deals done by Altamont Capital Partners?

Mini Melts

Norwich, Connecticut, United States

Mini Melts is an ice cream manufacturing company.

Food and BeverageFood ProcessingManufacturing
Private EquityJan 9, 2024
Mulberri

Sunnyvale, California, United States

Mulberri is the first business insurance solution built for PEOs and brokers.

Business DevelopmentInsurance
Series ADec 7, 2023
Amount Raised: $6,750,000
Hadron Insurance

Alpharetta, Georgia, United States

Hadron Insurance manages operational and regulatory requirements while also providing supportive capacity and reinsurance services.

InsuranceRisk Management
Private EquityNov 3, 2023
Amount Raised: $250,000,000
Augment Risk

London, England, United Kingdom

Augment Risk operates as a global risk capital and reinsurance solutions broker for move-fast, growth led partners.

Financial ServicesInsurance
Series UnknownJul 14, 2023
Amount Raised: $100,000,000
101

Pendleton, Indiana, United States

101 Inc provides food processing solutions.

Food and Beverage
Private EquitySep 7, 2022
Mulberri

Sunnyvale, California, United States

Mulberri is the first business insurance solution built for PEOs and brokers.

Business DevelopmentInsurance
SeedJul 28, 2022
Amount Raised: $4,000,000
Accelerant

Atlanta, Georgia, United States

Accelerant is a data-driven, technology provides insurtech underwriters with risk exchange, data analytics.

AnalyticsInsuranceInsurTech
Private EquityJan 12, 2022
Amount Raised: $193,000,000
Horizon Investments

Charlotte, North Carolina, United States

Horizon investments is an asset and investment management company.

Asset ManagementFinanceFinancial ServicesInformation Technology
Private EquitySep 2, 2021
WAVE Electronics

Houston, Texas, United States

WAVE Electronics is a consumer electronics company providing audio and video products.

BroadcastingDigital EntertainmentDronesVideo
Private EquityMar 16, 2021
Kinetic Advantage

Carmel, Indiana, United States

Kinetic Advantage is a dynamic independent floorplan company led by trusted industry veterans.

Commercial LendingFinanceProperty Development
Private EquityJan 18, 2021