Vancouver, B.C. December 15, 2007 –Yellow Point Equity Partners is pleased to announce the closing of its second private equity buyout fund, Yellow Point II. The fund was established to acquire and invest in profitable, growing middle-market private companies primarily based in western Canada and the Pacific Northwest.
Limited Partners for Yellow Point II include 25 CEOs from prominent companies in western Canada and some of Canada’s leading institutional investors. “We are pleased to have reached the size objective we set out to raise, but more importantly are delighted in the quality of institutional and strategic limited partners that have participated in Yellow Point II,” says David Chapman, Managing Partner at Yellow Point Equity Partners.
Yellow Point was founded by Managing Partners, Brian Begert and David Chapman, and non-Executive Chairman, Rusty Goepel. Collectively, the three principals have over 80 years of experience providing financing for private companies in western Canada. They have each made a significant personal investment in Yellow Point I and Yellow Point II, ensuring that their interests are fully aligned with the fund’s investors and portfolio companies.
ABOUT YELLOW POINT
Yellow Point Equity Partners is a private equity investment firm with significant operating and investment experience. It invests in outstanding management teams of later-stage growth companies based primarily in western Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies. Yellow Point’s approach is supportive, hands-off with respect to day-to-day operations and active when it comes to strategic decisions and board work.
For more information, please contact either Brian Begert or David Chapman, or visit www.ypoint.ca.