On March 1, 2023, Align Capital Partners (“ACP”) was awarded RCP’s 2022 Manager of the Year. You may recall that ACP was recognized with RCP’s 2021 Deal of the Year. ACP continued to designate itself as a premier lower middle market firm in 2022, raising its third fund and exiting multiple transactions with what RCP considers to be superior outcomes, which are highlighted in the Deal Spotlights section below.
After a thorough review of approximately 100 realization events across our various portfolios in 2022, we selected Align as our Manager of the Year because we believe it represents the very best of what small buyouts can produce for all stakeholders: adding value to portfolio companies by providing financial and human capital, as well as equity incentives to management to professionalize and institutionalize the business, growing it rapidly through add-on acquisitions and successfully integrating each so as to enhance the business’ value proposition for its customers, and then selling it upstream to a larger financial or strategic buyer for the benefit of management/employees, limited partners, and other shareholders.
RCP is an investor in several funds sponsored by Align. Their singular focus on investing with management teams in the United States and Canada who want a capital partner that can help stimulate innovation, integrate new opportunities, and accelerate growth has distinguished ACP from its peers. RCP believes their disciplined selection and vast experience in improving and growing businesses has made them one of the premier firms in the lower middle market.
“We truly appreciate this recognition from our partners at RCP and view it as a testament to the quality of our ACP team who works hard every day to try and create value for our management teams and investment partners,” said Managing Partner Rob Langley.
“RCP Advisors has been an outstanding investment and thought partner for ACP since we started the firm in 2016, and we’re incredibly honored to receive this award for our team’s body of work in 2022,” said Managing Partner Chris Jones.
Deal Spotlights
WilliamsMarston
WilliamsMarston is a national accounting, tax and valuation advisory firm founded in 2014. With more than 225 professionals and offices in Boston, New York, Atlanta, Dallas, Denver, Tucson, Southern California and the Bay Area, the Firm advises public, private equity-backed and pre-IPO companies managing rapid growth and transformation including mergers, acquisitions, carveouts, spin-offs, initial public offerings, complex technical accounting, corporate tax and restructuring. With a growing team of industry leading experts, WilliamsMarston is the CFO’s most trusted advisor through their most complex transactions and mission critical initiatives.
E Source
E Source is the leading problem solver focused solely on electric, gas, and water utilities and municipalities. The Company provides predictive analytics, market research, benchmarking data, and consulting services to more than 500 utilities, municipalities and their partners. E Source’s data and experience helps customers make the best data-driven decisions to strengthen customer relationships, plan for tomorrow’s infrastructure needs, and further their environmental sustainability while becoming more innovative and responsive in the rapidly evolving market.
Protegis
Protegis provides inspection, maintenance, installation, and repair services and sells new, repaired, and remanufactured parts for fire and security systems and equipment. Protegis’ team of professional engineers / designers and NICET-certified technicians design, install, and program a wide variety of fire and security alarm brands. Protegis’ national footprint and one-stop solution attracts customers seeking to simplify their fire safety services spend and increase service quality through vendor consolidation.
About RCP Advisors
Founded in 2001, RCP Advisors, a subsidiary of P10, Inc. (NYSE: PX), is a private equity investment firm that provides access to lower middle market private equity fund managers through funds-of-funds, secondary funds, and co-investment funds, as well as provides advisory and research services. RCP believes that it is one of the largest fund sponsors focused on the lower middle market segment of the North American private equity market.
Disclaimer: Third-party rankings and recognition from rating services or publications are no guarantee of future investment success. Working with a highly rated advisor does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor or by any client nor are they representative of any one client’s evaluation. Generally, ratings, rankings and recognition are based on information prepared and submitted by the advisor. Unless otherwise noted no fee was paid for consideration of any ranking or award.