Matt Rainwater has stepped down from his post as director of business development at Hidden Harbor Capital Partners to launch his own outsourced business development firm. His first client: Hidden Harbor Capital Partners.
Rainwater's new firm, Pineland Capital Partners, will specialize in add-on deal sourcing for private equity firms, according to a Linkedin post. Industries of expertise, according to the firm's Web site, include industrials, business services, consumer and healthcare.