Growth capital provider Escalate Capital Partners secures investment from Kudu Investment Management

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NEW YORK and AUSTIN, TX, September 6, 2022 /PRNewswire/ — Escalate Capital Partners (Escalate), a leading private equity and credit investor in growth-stage companies in the software, services and healthcare industries, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers worldwide, today announced that Kudu has made a minority investment in Escalate. Financial terms were not disclosed.

Austin-based Escalate was founded in 2005 by Tony Schell and Ross Cockrelgeneral managers. Chris Julitchthe company’s third investment partner, joined in 2008. Escalate has invested more than $1 billion in the US software, services and healthcare sectors and has raised more than $850 million to institutional and individual investors. Escalate has invested in over 100 companies, including Homeaway/VRBO, Phreesia, SailPoint and Virtustream.

“Partnering with Kudu is an important step in the evolution of the company,” Schell said. “Kudu’s investment positions are growing for continued long-term success. Our strategy is to support management teams with funding that helps accelerate growth and is less dilutive than stocks. We continue to see exciting opportunities on the market.”

“Kudu’s deep understanding of the asset management industry, extensive network and capital connections will be beneficial in further strengthening Escalate’s platform,” Cockrell added.

“By investing in Escalate, Kudu is partnering with a leading team in a dynamic and growing asset management market,” said Rob Jakaki, CEO of Kudu. “Escalate has experience through many market cycles, has built a franchise of capital respected in the tech community, and approaches the segment with a disciplined and consistent underwriting strategy.”

Since 2018, New YorkUS-based Kudu has invested in 20 US-headquartered asset and wealth managers, CanadaUK and Australia. Asset and wealth managers affiliated with Kudu now collectively invest more than $67 billion on behalf of individual and institutional investors worldwide in traditional and alternative strategies and market segments. Kudu’s financial partners are White Mountains Insurance Group, Ltd. and Massachusetts Mutual Life Insurance Company (MassMutual).

Raymond James served as financial advisor and Polsinelli was legal advisor to Escalate. Seward & Kissel LLP acted as legal counsel to Kudu.

About Escalate Capital Partners

Escalate Capital Partners is a leading private equity and growth capital firm targeting fast-growing companies in the software, services and healthcare industries. With over $1 billion invested capital, Escalate provides a stable source of capital tailored to the unique needs of each business. For more information, visit www.escalatecapital.com.

About Kudu Investment Management

Kudu provides long-term capital solutions, including generational ownership transfers, management buyouts, acquisition and growth financing, and liquidity for legacy partners, to independent asset and wealth managers of the whole world. Kudu was founded in 2015 and is backed by financial partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and Mass Mutual. For more information, visit www.kuduinvestment.com.

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SOURCE Kudu Investment Management, LLC

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