Capstone Partners advised Century Equity Partners (“CEP”), a leading middle market private equity firm, on a capital raise to fund the recapitalization of its newest platform company, Lumenci, Inc. (“Lumenci” or the Company”). CEP partnered on this transaction with VSS Capital Partners (“VSS”), another leading middle market private equity firm; together CEP and VSS acquired a majority stake in Lumenci, an Austin-based full-service intellectual property (“IP”) consulting firm.
Headquartered in Austin, Texas, Lumenci provides a global one stop, turnkey solution for patent owners and law firms looking to monetize IP assets. Lumenci offers litigation support and IP monetization services, enabled by deep technical expertise and knowledge of the broader IP landscape. Founded in 2018, the Company employs more than 100 technical, valuation and damages experts from offices in Austin, Texas; New York; the San Francisco Bay Area; and, New Delhi area, India. For more information, visit Lumenci’s website here.
The Capstone team provided a tremendous amount of value and expertise to us in executing the capital raising effort for the Lumenci recapitalization, and we look forward to working with them again in the near future.
Brad Stewart, Managing Director at Capstone’s Debt Advisory Group, commented, “Lumenci has a very exciting and unique business model which resonated very well in the marketplace, as did CEP’s reputation and track record of investing success in technology-enabled business services companies. We were very pleased that CEP entrusted us with this capital raising engagement, and we look forward to getting the opportunity to prove our value-add to them again with future engagements.”
Century Equity Partners is a leading middle market private equity firm based in Boston investing both majority and minority equity capital in business service companies. The firm focuses on making private equity investments to support the buyout, recapitalization, and growth of lower middle market companies that provide services, distribution, and technology solutions to the financial services industry. For more information about the firm, visit CEP’s website here.
The expert investment banking professionals on Capstone Partners’ Debt Advisory Group work with leading middle market companies to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Debt Advisory Group, contact us here.
