Investment Summary

New Heritage Capital Invests In Carnegie Dartlet

On October 13, 2020, private equity firm New Heritage Capital invested in marketing company Carnegie Dartlet

Investment Highlights
  • This is New Heritage Capital’s 1st transaction in the Marketing sector.
  • This is New Heritage Capital’s 22nd transaction in the United States.
  • This is New Heritage Capital’s 1st transaction in Massachusetts.

Investment Summary
Date 2020-10-13
Target Carnegie Dartlet
Sector Marketing
Investor(s) New Heritage Capital
Deal Type Growth Capital

Target

Carnegie Dartlet

Westford, Massachusetts, United States
Carnegie Dartlet is a provider of strategic marketing solutions specializing in the higher education market. Carnegie Dartlet offers a comprehensive range of solutions including customized research, creative and content development, digital marketing campaign execution, and lead generation services. Carnegie Dartlet was founded in 1983 and is based in Westford, Massachusetts.

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Investor(S) 1

Investor

New Heritage Capital

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

New Heritage Capital LLC is a private investment firm specializing in the acquisition and equity-based recapitalization of private, family owned businesses. Heritage looks to invest in growing, middle-market companies with at least $30 million in annual revenue and EBITDA of at least $4 million. Target sectors include aerospace, consumer products, food/beverage, media/publishing, healthcare, manufacturing, pet products, plastics/packaging, printing, and value-added distribution. New Heritage Capital LLC was formed in 2006 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 25 of 30
Sector (Marketing) 1 of 2
Type (Growth Capital) 12 of 16
State (Massachusetts) 1 of 1
Country (United States) 22 of 27
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 DeWinter Group

Campbell, California, United States

DeWinter Group is a provider of temporary and permanent staffing solutions with deep expertise in finance, accounting, and information technology. DeWinter Group was founded in 2000 and is based in Campbell, California.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-18 FMS Solutions

Ft Lauderdale, Florida, United States

FMS Solutions is a provider of business process outsourcing (“BPO”) services to independent grocers and other multi-unit retailers. FMS’s comprehensive range of accounting and payroll solutions enables its 5,000+ retailer customers to run more efficient operations and make informed strategic decisions on a daily basis. FMS Solutions was founded in 1974 and is based in Ft Lauderdale, Florida.

Buy -
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