{"id":645437,"date":"2013-03-06T08:17:56","date_gmt":"2013-03-06T13:17:56","guid":{"rendered":"https:\/\/www.pehub.com\/?p=189618"},"modified":"2013-03-06T08:17:56","modified_gmt":"2013-03-06T13:17:56","slug":"peterson-partners-raises-140m","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/645437","title":{"rendered":"Peterson Partners Raises $140M"},"content":{"rendered":"

Peterson Partners<\/strong> has raised $140 million for its eighth fund, the firm announced. The Salt Lake City, Utah, private equity firm makes investments of between $2 million and $15 million in companies, and has backed companies including JetBlue Airways and Azul Airlines.<\/p>\n

PRESS RELEASE
\n<\/strong>Peterson Partners today announced that it has raised its eighth fund, in the
\namount of $140 million, with participation from prominent U.S. business and
\ninvestment leaders. <\/p>\n

“This new fund enables us to continue to serve as reliable capital partners to
\nour current and future portfolio companies,” said Dan Peterson, managing partner
\nof Peterson Partners. “We look forward to continuing to help outstanding
\nentrepreneurs build great businesses in the years ahead. We are gratified that
\nour limited partners have trusted us to find and nurture the kinds of leaders
\nand companies that have provided thousands of jobs at home and abroad.” <\/p>\n

The current Peterson Partners portfolio includes an extensive collection of
\ninnovative, high-value companies across various industries, including JetBlue
\nAirways and Azul Airlines in the travel industry, Ladder Capital in financial
\nservices, QMC in communications infrastructure, CLEO in software, Integra in
\nhealthcare services, and Packsize in the supply chain management industry. <\/p>\n

Peterson Partners is led by Founder Joel Peterson, and Partners Brandon Cope and
\nDan Peterson. Joel Peterson, former managing partner at Trammell Crow Company,
\ncurrently serves as chairman of JetBlue Airways, is a professor at Stanford`s
\nGraduate School of Business, and sits on the Board of Overseers at the Hoover
\nInstitution. Dan Peterson, with deep experience investing in a variety of
\nindustries, including automotive, financial services and high tech, has served
\nas managing director at Z Capital and partner at Trammell Crow. Brandon Cope,
\npreviously with Peterson Ventures and McKinsey & Company, has led several
\ninvestments in a variety of industries and serves on a number of boards of
\ndirectors. <\/p>\n

Peterson Partners will use the proceeds of its Fund VII to make private equity
\ninvestments of between $2 million and $15 million. The firm provides growth and
\nbuyout capital for companies with revenue between $10 million and $50 million. <\/p>\n

About Peterson Partners
\nPeterson Partners, based in Salt Lake City, Utah, is one of the Intermountain
\nWest`s most successful private equity firms. Specializing in small to mid-sized
\ncompanies, Peterson Partners has a track record of successful investments
\nincluding JetBlue, Vivint, EnergySolutions, 3form, Access CIG and Diamond
\nRental. Founded in 1995, Peterson Partners has managed over $350 million in
\ncommitted capital through seven funds.<\/p>\n

The post Peterson Partners Raises $140M<\/a> appeared first on peHUB<\/a>.<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Peterson Partners has raised $140 million for its eighth fund, the firm announced. The Salt Lake City, Utah, private equity firm makes investments of between $2 million and $15 million in companies, and has backed companies including JetBlue Airways and Azul Airlines. PRESS RELEASE Peterson Partners today announced that it has raised its eighth fund, […]<\/p>\n","protected":false},"author":7427,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-645437","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7427"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=645437"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/645437\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=645437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=645437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=645437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}