The Vistria Group, a middle-market private investment firm focused on delivering both financial returns and societal impact, announced a strategic minority investment by Hunter Point Capital and ADQ. The strategic partnership is aimed at providing long-term growth capital for Vistria to help accelerate its investment strategy. There will be no change in governance or day-to-day activities at Vistria.
“This investment further validates our success to date and enables us to confidently double down on our approach,” explained Marty Nesbitt, Co-Chairman & Co-CEO of The Vistria Group. “With growing proof in our investment thesis – that we can deliver attractive returns while achieving positive outcomes for our portfolio companies and the lives and livelihoods they support – we have laid the foundation for a sustainable franchise and are well-positioned for continued growth.”
Latest Fintech News: Members Heritage Credit Union Implements Access Digital from Access Softek to Modernize their Digital Banking Platform
The Vistria Group’s strategy centers around the core pillars of operating excellence, investment expertise and policy insights. Founded in 2013, the firm has nearly $9.5 billion in assets under management, and continues to advance its sector-focused strategy across healthcare, knowledge and learning, and financial services. These industries provide attractive long-term opportunities as middle-market companies seek strategic partners to navigate a continually shifting landscape.
“We are excited about the influx of permanent capital that will bolster our efforts to continue delivering meaningful impact and returns,” said Kip Kirkpatrick, Vistria Co-Chairman & Co-CEO. “We have been on an accelerated growth trajectory since The Vistria Group was founded nearly 10 years ago, and we remain committed to and confident in our approach.”
Latest Fintech News: Genesis Global Launches Partner Program to Accelerate Software Innovation in Financial Services
“Vistria is poised for tremendous success at the intersection where societal needs and public policy meet,” said Avi Kalichstein, CEO and Co-Founder of HPC. “Kip and Marty have a unique blend of investing insight and a deep commitment to making a positive impact across the industries Vistria serves.”
“Our investment in Vistria is in line with our strategy of partnering with global like-minded organizations that aim to deliver long-term value and positive societal impact. Vistria’s alignment with ADQ’s priority clusters offer unique partnership opportunities that can be leveraged to generate sustainable financial returns,” said Murtaza Hussain, Chief Investment Officer, Alternative Investments and M&A at ADQ.
Latest Fintech News: Keystone Bank Raises $18 Million to Fuel More Growth Austin-area Community
[To share your insights with us, please write to sghosh@martechseries.com]