Danny Despot

Principal

New Capital Partners

Joined: 2014

Office Phone:

(214) 871-5408

Direct Phone:

(205) 939-8405


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Bio

Danny joined NCP in 2014 and is responsible for sourcing new investment opportunities in NCP’s chosen industries and markets. He currently serves on the Board of Directors for Big Spring Environmental, Petroleum Investments, and Talladega Ford. Prior to New Capital Partners, Danny founded Capstone Technologies in 1996 by raising capital to build a proprietary biometric monitoring service for offenders on house arrest. Capstone became a leader in biometric monitoring in the US and sold to a Canadian public company in 1999. Danny also co-founded Summit Document Services in 1994 and grew it to 150 employees in seven locations in five states. He sold that company in 2004 and has been working in the private equity industry since 2005. Danny created six funds for projects up to $12 million focused on the oil and gas, service, real estate development and automotive sectors. Danny earned an MA and BA in Finance from the University of Alabama.

Education