Boathouse Capital Provides Growth Capital to Navint Partners
May 4, 2015
Boathouse Capital (“Boathouse”) is pleased to announce that it has completed a growth investment in Navint Partners, LLC (“Navint” or the “Company”). The Boathouse investment marks the first time Navint has taken on institutional capital and will allow the Company to pursue its growth initiatives.
Navint is a full-service business consulting and enterprise IT transformation firm specializing in managing large-scale business and organizational change for clients with industry vertical expertise in financial services, professional services, and media and entertainment in North America and Europe. The firm’s founding partners have over a combined 100 years of management consulting experience serving both middle market companies as well as Fortune 500 and Global 500 companies.
Chong Moua, Partner at Boathouse Capital, said, “We’re eager to partner with Jim Martindale and his team to aggressively grow the Company and build upon Navint’s success and leadership working with large organizations needing expert alignment of people, processes and technology. We look forward to working with the Company to grow the business geographically, through a continued expansion of services, and through strategic add-on acquisitions. Navint is well-positioned as a platform to expand into new verticals and is poised for continued growth.”
“We are very pleased to partner with Boathouse Capital. The Boathouse team has proven to be thoughtful partners and I’m excited about the opportunity to team up with them as we focus on the next phase of the Company’s development. Their experience working with middle market companies to source and integrate add-on acquisitions will be an asset as we continue to build our business and achieve our goals,” said Jim Martindale, CEO.