LP First Capital

The REI Utility Services team is #growing! Know anyone that might be a fit?

LP First Capital is pleased to announce our partnership with REI Utility Services, a leading outsourced power utility services provider in Texas ⚡️ REI provides an array of engineering and technical field services to electric cooperatives in east Texas, with the goal of becoming the go-to outsourced provider for power utilities across Texas and the broader United States. LP First Capital expects REI to be our platform investment for a “buy-and-build” investment strategy within the power utility services industry. "We are thrilled to partner with Mitchell, Dylan, Steven, and the REI team to build a leading power utility services platform. Their core values—Reliability, Ethical, and Integrity—resonate throughout their organization and are consistent with LP First Capital's commitment to investing in culture-first founders and management teams. We look forward to continued growth as partners," — Thomas Ince, Managing Partner at LP First Capital. Investment Team: Thomas Ince, Michael Sommerdorf, Steven Donaldson To learn more about REI, please visit: www.reiutilityservices.com To learn more about LP First Capital, please visit: www.lpfirstcapital.com #utilityservices #power #growth #mergersacquisitionsdivestitures #partnership https://lnkd.in/gPPHg8Np

Congrats to the LP First Capital team for making the Inc. 5000 list. We ranked #431 with a 3-year growth rate of 1041%. We could not have done it without all the founders, investors, and management teams we have partnered with. https://lnkd.in/guQHukBb

The annual iGlobal Forum meeting is a must-attend event for Independent Sponsors. Thanks for inviting us to speak at it, we will be back next year.

LP First Capital is pleased to announce the acquisition of Northpoint Asset Management, Inc., a top 10 national single-family rental property management company. The acquisition was completed in partnership with Genesis Park and Samson Capital Group, LLC. Founded in 2006 and headquartered in Salt Lake City, UT, Northpoint manages 8,100+ homes for retail and institutional investors across 40+ regions and 22 states. Northpoint provides full-service property management, in-house maintenance, real estate brokerage, and institutional back-office services to its clients. Northpoint will serve as LPFC’s platform for strategic growth in the fragmented property management sector. The company is well-positioned for continued strong organic growth, and the management team will play an important role in identifying and integrating strategic add-on acquisitions that align with the platform's objectives. LPFC is committed to supporting Northpoint’s growth both organically and through M&A activity. Congrats to the Northpoint, LPFC, Genesis Park, and Samson Capital Group teams, and we're looking forward to the next stage of Northpoint's growth! If you are interested in learning more, please visit: Northpoint's website: www.northpointam.com Link to full press release: https://lnkd.in/gz8guJKf CC: Thomas Ince, Travis Monteleone, Ayo Phillips #privateequity #realestate #propertymanagement #mergersandacquisitions #growth

Congratulations to the Cascade Services team! Incredible way to start the year 📈

Really exciting to see the growth at OpenRoad Collision 👇 In 2023, the OpenRoad team added 10 shop locations, 2 new states (Oklahoma and Arizona), and 2 well-recognized regional collision repair brands in Bill Knight Collision Repair (Oklahoma) and Allard Collision (Arizona) 📈 💥 OpenRoad now operates 24 shop locations across 4 states (Texas, New Mexico, Oklahoma, and Arizona) and built a strong foundation of operators and employees to support continued growth in 2024 😤 If you know of any collision repair centers that may be an acquisition candidate for OpenRoad, please reach out to info@openroadcollision.com or any of our OpenRoad investment team members below 📧 Cc: Thomas Ince, Logan Lowery, Michael Sommerdorf, Jim Boyles #growth #collisionrepair #mergersacquisitionsdivestitures #acquisition #arizona #oklahoma #collision #teamwork

Happy New Year from the Cascade Services team! Thank you to our network of operators, customers, employees, and intermediaries that made 2023 such an incredible year. Here is to continued growth and success in 2024! Read our 2023 Year In Review here 👇 https://lnkd.in/gxx7v6ig To learn more about Cascade Services, please visit our website 👇 www.cascadeservices.com Know a residential HVAC, plumbing, and/or electrical contractor that may be an acquisition candidate for Cascade? Shoot us a note here 📨 info@cascadeservices.com #growth #hvac #airconditioning #plumbing #electrical #partners #mergersacquisitionsdivestitures #happynewyear

We're #hiring! LP First Capital is inviting applications for our new "Leadership Path Program," aimed at those who aspire to become an operating executive. This program offers a direct route to executive leadership by placing you in a key leadership role within one of our portfolio companies. Here, you will have the opportunity to develop and hone the skills necessary for a executive level position, with the prospect of increasing leadership responsibilities as our companies grow. Apply today or share this post with your network.