Weston Presidio 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

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

investments in late-stage companies across a range of industries with a specific focus on the consumer products, business services, industrial, media, publishing, healthcare and technology sectors. The firm, which is based in Boston, Massachusetts, has offices in

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 ...

and

Menlo Park, California Menlo Park is a city at the eastern edge of San Mateo County within the San Francisco Bay Area of California in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; ...

. Weston Presidio was founded in 1991 by Michael Cronin, who had previously run the Boston office of Security Pacific Venture Capital Group, and Michael Lazarus who had previously been managing director of the Private Placement Department of

Montgomery Securities Montgomery Securities was an investment bank based in San Francisco, California, that specialized in high technology and health care sectors. The firm was founded in 1978 by Thom Weisel. The bank was acquired by NationsBank Corporation on Jun ...

. The firm has raised approximately $3.21 billion since inception across five funds. Weston Presidio's fifth fund was raised in 2005 with approximately $1 billion of investor commitments and has been focused primarily on investments in more mature companies. Through the years, Weston Presidio has shifted its focus from earlier stage venture capital to investments in more mature companies and occasionally through

leveraged recapitalization In corporate finance, a leveraged recapitalization is a change of the company's capital structure, usually substitution of debt for equity. Overview Such recapitalizations are executed via issuing bonds to raise money and using the proceeds to bu ...

s and

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loan ...

s. Among Weston Presidio's most notable investments are: Associated Materials,

Azul Brazilian Airlines Azul Linhas Aéreas Brasileiras S/A (''Azul Brazilian Airlines''; or simply Azul) is a Brazilian carrier based in Barueri, a suburb of São Paulo. The company's business model is to stimulate demand by providing frequent and affordable air serv ...

BlueArc Hitachi Data Systems (HDS) was a provider of modular mid-range and high-end computer data storage systems, software and services. Its operations are now a part of Hitachi Vantara. It was a wholly owned subsidiary of Hitachi Ltd. and part of t ...

Boston Herald The ''Boston Herald'' is an American daily newspaper whose primary market is Boston, Massachusetts, and its surrounding area. It was founded in 1846 and is one of the oldest daily newspapers in the United States. It has been awarded eight Pulit ...

Casella Waste Systems Casella Waste Systems () is a waste management company based in Rutland, Vermont, United States. Founded in 1975 with a single truck, Casella is a regional, vertically integrated solid waste services company. Casella provides resource management e ...

Cybertrust CyberTrust was a security services company formed in Virginia in November 2004 from the merger of TruSecure and Betrusted. Betrusted previously acquired GTE Cybertrust. Cybertrust acquired a large stake in Ubizen, a European security services firm ...

, DTS Digital Theater Systems,

Evenflo Evenflo is a 100 year old infant feeding brand. Evenflo Feeding, Inc. is headquartered in West Chester, Ohio and has had a presence in Ohio since being founded in 1920 as the Pyramid Rubber Company. Evenflo Feeding manufactures breast pumps, ba ...

Fender Musical Instruments Corporation The Fender Musical Instruments Corporation (FMIC, or simply Fender) is an American manufacturer of instruments and amplifiers. Fender produces acoustic guitars, bass amplifiers and public address equipment, however it is best known for its ...

Learning Curve Brands The RC2 Corporation, a division of Japan-based firm Takara Tomy, is a toy design, marketing, and distribution company headquartered in Oak Brook, Illinois, United States. Founded in 1992. Overview RC2 markets brands such as The First Years and ...

JetBlue Airways JetBlue Airways Corporation (stylized as jetBlue) is a major American low cost airline, and the seventh largest airline in North America by passengers carried. The airline is headquartered in the Long Island City neighborhood of the New York C ...

Jimmy John's Jimmy John's is an American sandwich chain headquartered in Champaign, Illinois. The business was founded by Jimmy John Liautaud in 1983. After Liautaud graduated from high school, his father gave him a choice to either join the military or sta ...

, Lion Brewery, Inc., MacDermid,

MapQuest MapQuest (stylized as mapquest) is an American free online web mapping service. It was launched in 1996 as the first commercial web mapping service. MapQuest vies for market share with competitors such as Google Maps and Here. History MapQuest's ...

Morris Air Morris Air was a low-fare airline in the western United States, based in Salt Lake City, Utah. It began scheduled operations in 1992, and was sold to Southwest Airlines in December 1993 for over $120 million in stock. The airline officially became ...

Nebraska Book Company Nebraska Book Company, is a wholly owned subsidiary of Nebraska Book Holdings, Inc. (NBH), which also includes PrismRBS, Campus Store Design, and Campus Advisory Services. NBC was Founded in 1915 with a single college store near the University o ...

NextMedia Group NextMedia Group was an out-of-home media company headquartered in Greenwood Village, Colorado. NextMedia owns and operates 33 AM and FM stations, 5,700 outdoor advertising display across several regions and markets, as well as an interactive divi ...

Papyrus Papyrus ( ) is a material similar to thick paper that was used in ancient times as a writing surface. It was made from the pith of the papyrus plant, '' Cyperus papyrus'', a wetland sedge. ''Papyrus'' (plural: ''papyri'') can also refer to a ...

Party City Party City Holdco Inc. is an American publicly traded retail chain of party stores founded in 1986 by Steve Mandell in East Hanover, New Jersey. Party City’s parent organization is Party City Holdings Inc. Based in Woodcliff Lake, NJ, the comp ...

(aka Amscan),

Restoration Hardware RH (formerly Restoration Hardware) is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operate ...

Robb Report The ''Robb Report'' is an American, English-language, luxury-lifestyle magazine featuring products, including automobiles, aviation, boating, real estate and watches. Founded in 1976, it is currently owned by Penske Media Corporation. It also ...

,Magazines for the Superrich Are No Longer Up for Sale
New York Times, October 11, 2006

Scene7 Scene7 is an American on-demand rich media software company that provides document hosting and interactive publishing services such as online catalogs, targeted email, video, and image management. Retailers use the company's services to showcas ...

Thomas Weisel Partners Thomas Weisel Partners Group, Inc., also known as TWP or Weisel, is a U.S. growth focused investment banking firm headquartered in San Francisco, California. The firm was launched in January 1999 by Thom Weisel and other personnel from the form ...

, Tweeter Home Entertainment and Wild Oats Markets.

References

External links

Weston Presidio
(company website)
Weston Presidio
Bloomberg Profile {{private equity firms Financial services companies established in 1991 Private equity firms of the United States