Pivoton Capital LLC (“Pivoton Capital” or the “Firm”), a private investment firm based out of Stamford, Connecticut, is pleased to announce that it has closed its fundraising process and is now focusing on the search for a private company to acquire and operate.
Pivoton Capital is seeking a well-established private company with revenues of $10 million to $40 million, a history of profitability, and a strong defensible market position in the United States. Pivoton Capital is led by an exceptionally committed team that has a long-term investment horizon, with a strategy centered on active management to ensure the long-term continuity of the legacy of the acquired business, leading to sustainable growth and long-term value creation for all shareholders and stakeholders. Pivoton Capital is backed by an extraordinary group of limited partners who have successfully invested, acquired, managed, and grown several privately-held businesses.
The firm was founded by Sumit Aneja who was most recently an investment banker at Houlihan Lokey (Bank of America Merrill Lynch prior to that) in New York, covering the Business Services, Financial Institutions and Technology, Media and Telecom sectors. Further, Mr. Aneja has been the founder and CEO of a stealth mode startup as well as a strategic advisor to many high-growth early stage companies.
Following the acquisition, Mr. Aneja will assume a senior management role and partner with the team of the acquired business to strengthen its operations and strategy in order to achieve its full potential. While Pivoton Capital is industry agnostic, the firm is closely evaluating companies in the following industries: IT services, education technology & corporate training, technology-enabled services, BPO and LPO sectors etc.