HV Capital Investors (HVCI) recently announced its investment in January Partners, a search fund headquartered in Charlotte, North Carolina. The investment was made through HVCI’s affiliate, RHV Capital (RHV).
“Search funds are an important part of our investment strategy and we are delighted to back Matthew Capell at January Partners,” said Glenn Healey, Managing Director of HVCI. “Matt has a strong background and a good search fund plan. We look forward to implementing that plan with him over the next two years.”
A search fund is a pool of capital raised to financially support the efforts of an entrepreneur, or a team of entrepreneurs, to locate a privately held company for acquisition. January Partners seeks acquisition candidates in the business services, financial services, and health care services industries.
RHV was formed in 2008 to focus on search fund investments. It has completed 24 search fund investments since its formation.
“We are delighted to have RHV Capital as an investor,” said Matthew Capell, Managing Partner of January Partners. “RHV has rigorous investment criteria and its principals have significant experience both operating and financing companies. With their long track record of search fund investing, they are ideal partners.”
“This is one of many such investments we have made this year,” said Healey, “and we intend to make more over the next several years.”