Stamford, CT (January 9th, 2017) – DealCloud, Inc. (“DealCloud”) announced that Atlantic Street Capital (“Atlantic Street”) has selected and implemented DealCloud to power the firm’s sourcing, industry coverage, and deal-making processes.
Atlantic Street, founded in 2006, invests in fundamentally sound, established companies in the lower middle market with a focus on entrepreneurs and family-owned businesses.
Atlantic Street’s Managing Partner, Peter Shabecoff, commented, “As we start to deploy our third fund, we’ve expanded our team and continued to build our coverage of key deal sources as well as our sector reach. Across the industry, DealCloud helps our team drive consistent touches with our most prolific relationships.” Added Grant Marcks, Vice President of Business Development, ” We’re excited to be able to leverage the DealCloud platform to enhance our business development approach and continue to grow the Atlantic Street brand within the market.”
“Atlantic Street is unlike other traditional middle market investors. The Principal’s ability to add operational value to lower middle market businesses truly differentiates the firm as a partner. Our team has been impressed by the Partners commitment to DealCloud. Not only does their team have a platform that includes best practices in sourcing and origination but one that also focuses on portfolio value by managing organic initiatives, upgraded systems, and strategically focused add-on campaigns,” said DealCloud’s Co-Founder, Ben Harrison.
About Atlantic Street Capital
Atlantic Street Capital is a private equity firm that invests in middle market companies with between $4 million and $12 million in EBITDA. The firm invests in fundamentally sound companies that will benefit from capital investment and value-adding strategic and operational initiatives. Atlantic Street Capital’s partners are hands-on investors who work closely with management to unlock their business’ underlying value and help them succeed. The firm is currently investing from Atlantic Street Capital III, LP. For more information, visit www.atlanticstreetcapital.com.
About DealCloud
DealCloud is a pioneer in M&A Software. The Company was formed in 2010 by a team of former deal professionals with deep knowledge of the private capital markets. DealCloud has quickly emerged as a global leader in providing deal management, workflow, and technology solutions to all participants in the private capital markets, including private equity and growth capital firms, sell-side banks, publicly traded companies, and debt capital investors. We are well known for our client service and our team takes great pride in the delivery of our platform and the strength of our relationships with clients. At DealCloud, we understand the pace of deal execution and we are committed to working at the same cadence as our clients to deliver fast and accurate outcomes. Our team is fully committed to the success of our clients. For more information on DealCloud, visit www.intapp.com/dealcloud.