ABS Capital Partners is an American

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

firm focused on investments in software and tech-enabled services businesses across a range of industries, including FinTech,

Healthcare Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration or cure of disease, illness, injury, and other physical and mental impairments in people. Health care is delivered by health profe ...

, EdTech,

eCommerce E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain managemen ...

, cybersecurity, and Smart Cities. Founded in 1990, the firm is based in

Washington, DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan ...

Baltimore Baltimore ( , locally: or ) is the List of municipalities in Maryland, most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic (United States), Mid-Atlantic, and List of United States cities by popula ...

, and

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

. The company has raised approximately $2.5 billion since its inception across seven funds. ABS Capital Partners is a member of the National Venture Capital Association.

History

ABS Capital Partners was founded in 1990 and was originally the investment arm of Alex. Brown & Sons (later

BT Alex. Brown Alex. Brown & Sons was the first investment bank in the United States, founded by Alexander Brown in 1800 in Baltimore, Maryland. The firm was acquired by Bankers Trust in 1997 to form BT Alex. Brown, and then integrated into Deutsche Bank in 1 ...

). The firm's founder, Donald Hebb spent more than 20 years with Alex. Brown where he was

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

from 1986 to 1991, leading the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

in 1986. In July 1996, ABS purchased a majority stake in the

BBN Corporation BBN might refer to: * Bayesian belief network, a probabilistic graphical model that represents a set of random variables and their conditional independencies via a directed acyclic graph * Bible Broadcasting Network, a global Christian radio networ ...

. In July 1999, ABS invested in

Captivate Network Captivate is a digital media company with a network of 12,000 high-resolution, flat-panel elevator and lobby displays in 1,800 premier office buildings across North America. Published in two countries and two languages, the network spans over 31 m ...

. In 2001, ABS invested NeuStar Inc. In May 2002, ABS invested $13 million in Payformance Corp. In February 2006, ABS made an equity investment in Restaurant Technologies Inc. In 2007, ABS and DCA Capital Partners invested $19.25 million in Superior Vision. In 2012,

Nautic Partners Nautic Partners is a private equity firm focused on leveraged buyout investments in middle market companies across a range of industries that includes healthcare, industrial products, and outsourced services. The firm has AUM of approximately $9 ...

LLC bought out both companies to acquire the majority stake in Superior Vision.

References

External links

ABS Capital Partners
(company website)
ABS Capital Partners
Business Week Profile.
{{DEFAULTSORT:Abs Capital Partners Private equity firms of the United States Companies based in Baltimore Venture capital firms of the United States American companies established in 1990 Financial services companies based in Maryland 1990 establishments in Maryland Financial services companies established in 1990