Draft:Shore Capital Partners


 * Following up here, I wanted to check in with User:Ca and User:Imcdc: do either of you have a minute to look and see if the edits I made and new sourcing helps? JMShore (talk) 18:40, 2 October 2023 (UTC)

Shore Capital Partners is a private equity firm headquartered in Chicago, Illinois. The firm generally invests in microcap companies. In 2022, Pitchbook ranked the firm as the third most active private equity firm globally with 193 deals.

History
Shore Capital Partners was founded in 2009 by Justin Ishbia, Mike Cooper, Ryan Kelley, and John Hennegan.

The firm raised $112.5 million for its first institutional private equity fund in 2014.

In October 2019, it opened an office in Nashville.

Investments
Shore Capital Partners initially focused on investing in small healthcare companies with EBITDA figures between $1 million and $10 million but later on expanded into investing in small companies from other industries such as food and beverage. In 2021, Shore Capital expanded into the business services and real estate industries. In 2023, the firm raised a fund to invest in industrial businesses, such as environmental services, transportation, and aerospace and defense, that have revenue between $5 million and $100 million.

The firm takes a buy-and-build approach to investing where it performs numerous add-on deals to bolster and expand the businesses it buys. This is done by investing in an initial company then acquiring others within the same sector, and combining them. The firm's acquisitive business model leads to a higher volume of deal-making than the average private equity firm.

In 2021, the firm had approximately 30 portfolio companies. By 2023, Shore Capital had acquired a total of 56 platform companies and approximately 800 add-on acquisitions.