When Terry Mullen left Thomas H. Lee Partners some 25 years ago to found Arsenal Capital Partners, it created a stir. Mullen had been a principal at the Boston buyout firm. Would investors back someone who had yet to reach the partner level?
Tag: Mad River Glen Capital
Start-up software firms with ties to OpenView, Vista Equity hunt deals
Two new private equity firms are out seeking deals, one targeting early-stage software companies, the other late-stage, and both having their sights set on raising debut funds.
Boston-based early-stage venture firm Tremont was co-founded last year by General Partners Chris Gaertner and Tom Holahan along with Operating Partner Kyle Poyar. The trio held similar positions at Boston-based OpenView Capital, an expansion-stage venture firm that raised a seventh flagship fund of $570 million in 2023. A Forbes article later that year noted OpenView Capital suspended new investments after the departures of two partners, Mackey Craven and Ricky Pelletier.