New Mountain Capital
1633 BroadwayNew York, NY 10019
Website: newmountaincapital.com
Firm Size
- Assets Under Management (AUM):$22.9 Billion
- Number of Funds:9
- Employees:195
- Firm Type:Private Equity
- Focus Areas:
Software & Technology
Services
Healthcare
Infrastructure
Description
New Mountain Capital, LLC is a private investment firm based in New York, NY. Established in 1999, the company operates as a growth-oriented investor focusing on a variety of industries such as software, healthcare, infrastructure, and technology-enabled services. New Mountain Capital aims to help companies achieve sustainable growth and improve their long-term value through a partnership-oriented approach. As an investor, New Mountain Capital emphasizes a deep understanding of its target industries and businesses. The firm's experienced team collaborates closely with management teams to provide strategic guidance, operational expertise, and capital resources. By leveraging its industry knowledge and networks, the company aims to support businesses in optimizing their operations, expanding their market share, and driving innovation. New Mountain Capital has a diverse portfolio that includes companies of varying sizes and stages. The firm has a particular interest in middle-market companies with proven business models and strong growth potential. It has a track record of investing in both minority and control positions, depending on the specific needs and circumstances of each investment. The firm's investment strategy revolves around four key principles: defensive growth, business building, growth capital investing, and private equity partnerships. This approach allows New Mountain Capital to target companies with attractive growth prospects while mitigating downside risks. Overall, New Mountain Capital, LLC is a well-established private investment firm in New York that partners with companies across various industries to drive growth, provide strategic guidance, and leverage its expertise for long-term value creation.Latest News
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May 08, 2024: Workforce Analytics Market size to record USD 1.86 billion growth from 2023-2027, Increasing use of mobile applications for workforce analytics is one of the key market trends, Technavio
The global workforce analytics market size is estimated to grow by USD 1.86 billion from 2023 to 2027, according to Technavio. This growth is expected to occur at a Compound Annual Growth Rate (CAGR) of almost 15.42% during the forecast period.
Oct 10, 2023: Virgin Pulse Collaborates with AWS to Accelerate Homebase for Health® Platform Innovation and User Experience
Virgin Pulse , the leading global digital-first health, wellbeing, and navigation company, today announced a long-term strategic initiative with Amazon Web Services (AWS) to support the innovation, growth, and performance of Virgin Pulse's health and wellbeing platform, delivering a superior experience to clients and members. This news comes on the heels of the announcement of Virgin Pulse's intent to merge with HealthComp, backed by New Mountain Capital, Marlin Equity Partners, Blackstone, and Morgan Health.
Sep 27, 2023: Virgin Pulse and HealthComp Announce Intent to Merge to Create Comprehensive Employer Health Platform
Virgin Pulse , a leading global digital-first health, wellbeing, and navigation company, today announced its intent to merge with HealthComp , a next-generation benefits and analytics platform. The merger will create a technology and data powered health platform-as-a-service organization poised to tackle some of the industry's biggest challenges. The combined entity will aim to improve health outcomes and lower costs for members and employers by empowering better information and decision making. By using an advanced technology and data platform that leverages AI, the combined organization will deploy innovative and flexible health plan designs that drive improved member health outcomes, engagement, and awareness across the most important aspects of a person's healthcare journey.
Jun 29, 2023: Summit Wash Holdings Announces 37-Site Platform Acquisitions; CWA Advises Waters Car Wash
Summit Wash Holdings, a new private equity-backed entrant into the car wash industry, officially announced its express car wash platform and partnership with New Mountain Capital. The initial platform was formed with the acquisitions of Russell Speeder's Car Wash, Waters Car Wash and Squeeky's Car Wash and consists of 37 car wash sites across the Northeast, Florida and Nebraska markets. Dan Pittman , the former CEO of DRB Systems, will be appointed CEO. The full official press release from Summit Wash Holdings can be found here .
Jun 13, 2023: CENTENE CORPORATION COMPLETES DIVESTITURE OF APIXIO
Centene Corporation (NYSE: CNC) announced today it has completed the previously announced divestiture of Apixio, a leading artificial intelligence platform that enables value-based care, to New Mountain Capital.
May 03, 2023: CENTENE CORPORATION SIGNS DEFINITIVE AGREEMENT TO DIVEST APIXIO TO NEW MOUNTAIN CAPITAL
Centene Corporation (NYSE: CNC) announced today that it has signed a definitive agreement to sell Apixio, a leading artificial intelligence platform that enables value-based care, to New Mountain Capital, a growth-oriented investment firm with more than $37 billion in assets under management. Centene acquired Apixio in December 2020.
Apr 25, 2023: ALKU to Receive Majority Investment from New Mountain Capital
ALKU , a leading specialty staffing firm, today announces a new majority investment from New Mountain Capital, a leading growth-oriented investment firm. Reinvesting alongside New Mountain are FFL Partners, WestView Capital Partners, ALKU Founder & CEO, Mark Eldridge , as well as ALKU management. The investment, which is expected to close in May, marks a major milestone for ALKU, which is projected to exceed $1 billion in revenue over the next few years.