Calera Capital

Last updated
Calera Capital
Type Private
Industry Private equity
PredecessorFremont Partners
Founded1991
FounderBob Jaunich, Jim Farrell
Headquarters San Francisco, California, U.S.
Products Leveraged buyout
AUM $3.2 billion
Number of employees
25+
Website www.caleracapital.com

Calera Capital is a private equity firm focused on investments in middle-market companies. Founded in 1991, the firm is currently investing out of its fifth fund, Calera Capital Partners V, which was raised in 2017. Calera Capital has offices in San Francisco and Boston. [1]

Contents

Investment Criteria and Transaction Types

Calera Capital makes equity investments in operating companies with enterprise values up to $1 billion. The firm seeks to deploy between $50 million and $250 million in each transaction. Many of Calera Capital's investments have involved founder- or family-owned businesses, and the firm reports that existing shareholders have re-invested over $1.2 billion in transactions with Calera Capital.

The firm pursues several types of transactions, including: Leveraged recapitalizations, Corporate spin-offs, Take-private transactions, Investments to facilitate growth or acquisitions, and Restructurings. [2]

While Calera has made investments across a range of industries, it is primarily focused on two sectors: [3]

History

Calera Capital was founded in 1991 as a partnership between the investment professionals and the Fremont Group, a private investment company based in San Francisco. Calera Capital's initial pool of funds was provided by the Fremont Group. Calera Capital raised its first institutional fund, Fremont Partners II, in 1996 with a diverse group of investors. Fremont Partners III was raised in 2001 further expanding the firm's investor base.

Prior to 2007, Calera Capital was known as Fremont Partners, a name the firm derived from the Fremont Group. The name change to Calera Capital occurred as the firm began raising its fourth fund, Calera Capital Partners IV, and reflected the firm's transition to an entirely independent entity owned by the investment professionals and no longer affiliated with the Fremont Group. [4]

Calera is currently investing out of its fifth fund, Calera Capital Partners V, a $555 million fund targeting investments in companies valued between $100 million and $750 million. [5]

Current Portfolio Companies

Prior Portfolio Companies

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  4. Name Change
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