Investment Summary

Gart Capital Partners Invests In First Western Trust

On July 18, 2018, family office Gart Capital Partners invested in financial services company First Western Trust from Bow River Capital and Crawley Ventures

Investment Highlights
  • This is Gart Capital Partners’ 1st transaction in the Financial Services sector.
  • This is Gart Capital Partners’ 5th transaction in the United States.
  • This is Gart Capital Partners’ 3rd transaction in Colorado.

Investment Summary

Date 2018-07-18
Target First Western Trust
Sector Financial Services
Investor(s) Gart Capital Partners
Sellers(s) Bow River Capital
Crawley Ventures
Deal Type Stake Purchase

Target

First Western Trust

Denver, Colorado, United States
First Western Trust is a comprehensive boutique private bank and trust company providing personal trust, investment management, and family office services from branches in Colorado, Arizona and California. First Western Trust was founded in 2002 and is based in Denver, Colorado.

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Investor(S) 1

Investor

Gart Capital Partners

Denver, Colorado, United States

Investor Investor Investor


Category Family Office
Founded 1992
Size Small
Type Sector Focused
DESCRIPTION

Gart Capital Partners is the private equity investment arm of The Gart Companies, a private company that also acquires, develops and manages real estate. GCP focuses on management buyouts and recapitalizations of growth companies with strong market positions. Gart will also consider select turnaround investments. Gart Capital Partners is based in Denver, Colorado.


DEAL STATS #
Overall 5 of 7
Sector (Financial Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Colorado) 3 of 4
Country (United States) 5 of 7
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-01 GolfTEC Intellectual Property

Englewood, Colorado, United States

GolfTEC Intellectual Property LLC is a provider of premium golf lessons and club fittings. GolfTEC company combines the skills of PGA teaching professionals with a patented blend of video, motion analysis, launch analysis and biofeedback technology aimed at helping golfers improve their golf skills and, ultimately, derive more enjoyment from the game. GolfTEC Intellectual Property was founded in 1995 and is based in Englewood, Colorado.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-09 Work World America

Vacaville, California, United States

Work World America is a specialty retailer of apparel, footwear, accessories and other safety equipment for a variety of workers. Work World sells and distributes its products via 23 retail locations across California and Nevada, an online retail site, and through B2B relationships with local small and medium-sized businesses. Work World America was founded in 1990 and is based in Vacaville, California.

Buy -

Seller(S) 2

SELLER

Bow River Capital

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Bow River Capital is a private equity firm that provides equity capital and mezzanine debt to high growth companies. The Firm targets businesses generating sales of $25 and $200 million and EBITDA of $5 to $20 million. Bow River will consider investments throughout the US and Canada, however, the Firm's primary focus is on opportunities in the Rocky Mountain and Western regions of the US and Canada. Target industries include manufacturing, distribution, transportation, business and consumer services, financial services, natural resources and real estate. The Firm will consider both control and minority positions. Bow River Capital was established in 2003 and is based in Denver, Colorado.


DEAL STATS #
Overall 13 of 23
Sector (Financial Services) 2 of 2
Type (Stake Purchase) 1 of 1
State (Colorado) 6 of 9
Country (United States) 10 of 20
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 CTS Group

Chesterfield, Missouri, United States

CTS Group is an energy services company that develops and implements turnkey, comprehensive energy efficiency projects. The CTS team of professionals is dedicated to providing innovative energy-efficient solutions that lead to a more comfortable and healthier building environment. CTS Group was founded in 2000 and is based in Chesterfield, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-15 Precision Spine Care

Tyler, Texas, United States

Precision Spine Care is a provider of medical services, including minimally invasive, multidisciplinary pain management options, surgical and non‐surgical treatment for the spine, lab services, in‐house pharmacy, and medication management services, durable medical equipment sales, and clinical research of new procedures and devices. Precision Spine Care was founded in 2004 and is based in Tyler, Texas.

Buy -
SELLER

Crawley Ventures

Denver, Colorado, United States

Category Private Equity Firm
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

Crawley Ventures is the investment arm of Crawley Petroleum and was formed to make direct investments in private companies as well as investments in venture and hedge funds. Crawley primarily looks to invest in growth companies at various stages of development, including seed, early, and expansion stage businesses. Crawley looks to commit $250k to $1.5 million per transaction. Sectors of interest include optics, financial services, software, manufacturing, and wireless technology. Crawley Ventures was founded in 1995 and is based in Denver, Colorado.


DEAL STATS #
Overall 3 of 6
Sector (Financial Services) 1 of 1
Type (Stake Purchase) 1 of 1
State (Colorado) 2 of 3
Country (United States) 3 of 6
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-01 Indo-European Foods

Commerce, California, United States

Indo-European Foods is an importer and value-added distributor of specialty ethnic foods offering third-party, proprietary branded, and private label products to over 1,000 independent ethnic grocers predominantly located in the Western U.S. and national chains covering 45 states. It sources, develops, markets, and distributes Eastern European, Mediterranean, and North African food products including spreads, preserves, condiments, appetizers, cheeses, confections, seasonings, and specialty grains and rice. The company's primarily owned brands include Indo-European and ZERGÜT. Indo-European Foods was founded in 1966 and is based in Commerce, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 SonderMind

Denver, Colorado, United States

SonderMind enables clinicians to thrive in a private-practice setting, while having the tools to deliver world-class care for clients. The company's therapists enjoy being part of the premier community of providers who are empowered to focus on high-quality clinical outcomes, while the SonderMind solution takes care of the rest: matching clients who are a clinical fit, payments, telehealth, full technology suite, clinical assessments and a supportive team behind all of it. SonderMind was formed in 2014 and is based in Denver, Colorado.

Buy -