Gamut Capital Management to Acquire Airtron Heating & Air Conditioning

NEW YORK – August 8, 2024 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, announced today it has signed a definitive agreement to acquire Airtron Heating & Air Conditioning (“Airtron” or the “Company”), a leading designer, installer, and maintenance provider for heating, ventilation, and air conditioning (HVAC) systems, from NRG Energy, Inc. (“NRG”) (NYSE: NRG).

Airtron is one of the largest residential new construction HVAC installation providers in the US, with expansive geographic coverage across 13 metropolitan statistical areas (MSAs) in Texas, the Midwest, and Mid-Atlantic regions. It is a trusted partner for homebuilders nationwide. With a broad range of products, which includes all major HVAC brands, and extensive service capabilities, Airtron also offers ongoing maintenance services, providing coverage to end customers for the duration of the system lifecycle.

Airtron was most recently acquired by NRG as part of its acquisition of Direct Energy in 2021. Notwithstanding its ownership by larger corporate organizations, Airtron has largely operated as an independent business.

Since 2019, Airtron has been led by Jeff Morrow, who will assume the position of CEO. “Having been part of the Airtron team for over 20 years, we are proud of the progress we’ve achieved to reach this point. We would like to thank NRG for their partnership in positioning us for this next chapter, and we are excited to partner with Gamut to usher in a phase of accelerated growth. As a standalone business, we are fully dedicated to strengthening our customer and supplier relationships and are excited to enhance our service offerings through re-investment in the Company. Together, we look forward to developing the platform both organically and through acquisitions to expand our geographic presence and customer value proposition,” said Morrow.

Michael Hanigan, Partner at Gamut, added, “We are excited to partner with Jeff and the Airtron team to further build on the market leading, best-in-class HVAC platform that has been established over its successful history and strengthened under the ownership of NRG. As a standalone organization, we are encouraged by the multiple avenues of growth available to both accelerate the business' evolution as a full-service provider of HVAC installation and maintenance offerings as well as further expand Airtron’s partnership capabilities with key homebuilders through strategic acquisitions. Together with the Airtron team, we expect the strategic initiatives identified to drive robust value creation and further strengthen Airtron as a value-added partner to its customers, suppliers and employees.”

Financial terms of the transaction were not disclosed. The acquisition is subject to customary closing conditions.

Current Capital Partners LLC served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Gamut.

About Airtron

Founded in 1972, Airtron Heating & Air Conditioning is one of the leading providers of heating, ventilation, and air conditioning (HVAC) systems primarily focused on serving the residential construction channel with a presence in Texas, the Midwest, and Mid-Atlantic regions. Airtron provides an all-encompassing approach to HVAC solutions, from professional installations performed by North American Technician Excellence (NATE®) certified technicians to comprehensive Essential HomeCare Plans, which provide end customers ongoing maintenance and protection services. Learn more at www.airtron.com.

 

About Gamut Capital Management
Gamut Capital Management is a private investment firm based in New York managing over $3.5 billion in assets focused on middle market opportunities. Founded in 2015, Gamut employs a flexible, opportunistic investment approach and seeks to partner with companies to facilitate strategic growth and value creation. Learn more at www.gamutcapital.com.

Gamut Capital Management to Acquire DEX Imaging from Staples, Inc.

NEW YORK - April 23, 2024 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, in partnership with the Doyle family, today announced they have signed a definitive agreement to acquire DEX Imaging (“DEX”), a premier provider of managed print services, from Staples, Inc. (“Staples”), a market leading commercial supply distributor serving business customers.

Founded by Dan Doyle Sr. and Dan Doyle Jr. in 2002, DEX has established itself as a leading player in the managed print services industry, offering comprehensive solutions including equipment, servicing, and supply management to a wide range of clients from small businesses to large enterprises. The company is well-known for its broad portfolio of products from leading manufacturers, industry-defining service, and a collaborative approach to streamlining document infrastructure that puts the customer first.

Staples acquired DEX in 2019 and grew the business organically and through M&A, in partnership with the Doyle family. “Since Staples acquired DEX, their team has been a great partner, helping drive growth and positioning us for our next chapter,” said Dan Doyle Jr., CEO of DEX.

He added, “Our family is pleased to again take an ownership stake in the business we founded, and we look forward to working alongside the Gamut team to further strengthen our relationships with suppliers and enhance our service capabilities, ensuring DEX continues to set industry standards in customer satisfaction and technological innovation.”

“We’re eager to partner with the Doyle family, a name that has represented excellence in the industry for nearly five decades,” said Sam Powell, Partner at Gamut. “Together, we aim to build a national presence through strategic acquisitions and organic growth, leveraging the strong foundation laid by the Doyles. This partnership embodies our commitment to invest in and enhance businesses with solid market potential and proven leadership to enhance long-term value creation.”

In connection with the transaction, Sam Powell and Stan Parker, Founding Partner at Gamut, will join the DEX board of directors, supporting the company's strategic direction and expansion efforts.

Financial terms of the transaction were not disclosed. The acquisition is subject to customary closing conditions.

Guggenheim Securities, LLC served as financial advisor to DEX Imaging.

About Gamut Capital Management
Gamut Capital Management is a private investment firm based in New York managing over $3 billion in assets focused on middle market opportunities. Founded in 2015, Gamut employs a flexible, opportunistic investment approach and seeks to partner with companies to facilitate strategic growth and value creation. Learn more at www.gamutcapital.com.

About DEX Imaging
DEX is a leading independent provider of office technology in the U.S. Their full-spectrum solutions are operational in thousands of small businesses as well as enterprise, Fortune 1,000 companies. With a nationwide network of support specialists, DEX chooses the best, most reliable models from the nation's top imaging equipment manufacturers, tested in-house for reliability, and pairs them with the unique business requirements. Digital intelligence, in house R&D, environmental consciousness and local stewardship are the hallmarks of DEX.

Petmate Achieves 100% Consensual Reorganization Supported by Significant Capital Investment to Reinvigorate the Business as a Key Partner to its Customers and Suppliers

Company to continue exploring new ways to enhance its portfolio of innovative pet products

The combination of full stakeholder support, massive deleveraging of the balance sheet and $100 million of new money investment will enable a strong transition into the Company's next phase of growth

ARLINGTON, Texas, - March 20, 2024 - Petmate® (the "Company"), the leading supplier and manufacturer of pet products, today announced it has reached a comprehensive agreement with 100% of its lenders, which will ensure a sustainable long-term capital structure that will act as a strong foundation for the Company's future.

Once complete, the transactions contemplated by the agreement will reduce the Company's debt by over 80%, eliminating over $600 million of funded debt and infuse $50 million of new equity capital into the Company. This infusion builds on a previously injected $50 million of new capital from the Company's lenders to further support the business and deleverage its capital structure, representing a total new money investment of $100 million. Following the reorganization, the lender group, which is comprised of sophisticated private equity and credit institutional investors, will own 100% of the equity of the Company.  

Petmate is excited to lean into this next chapter and continue expanding its high caliber portfolio of innovative products. The Company remains committed to serving old and new customers with a focus on providing pet owners with solutions to keep their pets safe and happy.

"When reflecting on the past year, I am proud of all that we have accomplished as an organization. We have made significant improvements in our operational performance and continue to innovate to deliver for our customers and improve pets' quality of life. Now, we will have the financial structure to match the strength of our business and provide us the financial foundation needed to continue to grow," said Alice Tillett, Chief Executive Officer of Petmate.

Tillett continued, stating, "We appreciate the support of our various financial investors and their confidence in the future of Petmate. I am confident that this will provide Petmate the foundation it needs for the long term. Finally, I want to emphasize my gratitude for our talented Petmate employees, vendors, partners and loyal customers. We are excited for the future of Petmate and believe that the best is yet to come."

"On behalf of the lender group, we are pleased to support Petmate, its employees, customers and vendors in maximizing the many opportunities that lie ahead for the Company," said Stan Parker, Founding Partner of Gamut Capital Management. "The continued support of our lender group demonstrates our confidence in the business. The Company has proven its position as an industry leader and go-to partner in the markets it serves, and we are confident this action will further fuel its long-term business goals. We look forward to seeing all Petmate will be able to accomplish with a strengthened balance sheet."

Petmate is represented in this matter by Milbank LLP as legal counsel, FTI Consulting as financial advisor and PJT Partners as investment banker. The first lien lender group is represented by Gibson, Dunn & Crutcher LLP as legal counsel and Houlihan Lokey as investment banker. The second lien lender group is represented by Ropes & Gray LLP as legal counsel and Lazard as investment banker.

About Petmate
Founded in 1959 as Doskocil Manufacturing, Inc., Petmate, headquartered in Arlington, Texas, is passionate about providing fun, trusted quality products worldwide to enhance the lives of pets and their families. The company's vision, to be the worldwide leader of solutions and excellence in the pet industry, encapsulates its commitment to deliver award-winning, innovative ideas daily to each of its product categories including bedding, kennels, dog houses, feeding and watering products, litter maintenance products, toys, collars, leads, travel, and more. Petmate's portfolio of pet, family-favorite brands include Chuckit!®, Pet Qwerks®, Healthy Chews™, Gamma2®, JW® and, La-Z-Boy®. For more information, visit petmate.com.

Gamut Capital Management Announces Promotions

Michael Hanigan promoted to Partner; Matthew Simon promoted to Principal

NEW YORK - January 9, 2024 - Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, announced the promotion of Michael Hanigan to Partner and Matthew Simon to Principal.

“We are pleased to announce our 2024 promotions. Through hard work, accountability and leadership, both Michael’s and Matthew’s contributions have not only strengthened our firm, but each has also played a pivotal role in building our culture. We look forward to watching Michael and Matthew continue to grow, deliver results for our clients, and mentor the next generation of leaders at our firm,” said Stan Parker, Founding Partner of Gamut.

Jordan Zaken, Founding Partner of Gamut, added: “The skill, expertise, and unwavering commitment that these individuals bring to our team are instrumental in fostering collaboration and generating sustained value for our stakeholders. Michael’s path from associate to partner exemplifies his personal dedication as well as the opportunities for meaningful career growth at Gamut.”

Partners and Principals:

  • Michael Hanigan, Partner – Michael Hanigan joined Gamut in 2017 as an Associate. Prior to Gamut, he was an Analyst at Moelis & Company in its Investment Banking Division. He currently serves on the boards of directors of IAC Group, PS Logistics and Hoffmaster. He graduated from the McCombs School of Business at the University of Texas at Austin with a BBA in Business Honors and Finance.

  • Matthew Simon, Principal - Matthew Simon joined Gamut in 2022. Prior to joining Gamut, he was a Senior Investment Manager at Ardian in its North America Direct Buyouts Group, where he focused on private equity investments. Previously, he was an Analyst at RBC Capital Markets in its Mergers & Acquisitions Investment Banking Division. He graduated from the Stephen M. Ross School of Business at the University of Michigan with a BBA with concentrations in Finance and Accounting.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing over $3 billion in assets focused on the middle market. Founded in 2015, Gamut is committed to building partnerships to drive long-term value creation. Gamut’s nimble yet disciplined mandate allows the firm to be flexible in building customized solutions for companies and make control and control-like investments across every part of a company’s equity and debt capital structure. The Gamut investment team takes a complex look at the middle market and leverages decades of combined investing experience through various market cycles in a broad range of industries to identify contrarian, value-oriented growth opportunities. The Gamut team works with management to create processes and infrastructure to ensure long-term organic growth and provide leadership to help navigate an ever-changing commercial environment and an increasingly complicated capital markets landscape. To learn more, please visit www.gamutcapital.com.

Davis-Standard Announces Agreement to Acquire Extrusion Technology Group

Acquisition Intended to Accelerate Company’s Growth and Global Capabilities

PAWCATUCK, Conn. - October 31, 2023 - Davis-Standard, LLC (“Davis-Standard”), a global leader in the extrusion equipment and services sector, announced today that it had reached a definitive agreement to acquire the Extrusion Technology Group (“ETG”) from entities controlled by the Dutch Investor Nimbus. The acquisition is subject to customary closing conditions. Davis-Standard has been majority owned by funds affiliated with Gamut Capital Management, L.P. (“Gamut”) since December 2021 and serves the global infrastructure and packaging end-markets with a highly engineered suite of extrusion equipment and converting systems supported by world-class aftermarket spare parts, service, and support for its base of industry critical customers.

ETG is a well-established player in the global extrusion equipment and services sector with a history dating back to 1943. With a reputation for world-class engineering and innovation, ETG is a leader in the supply of extrusion equipment and downstream processing equipment, in addition to extensive tooling, dies, spare parts, and service capabilities, for the global pipe, profile, film and sheet markets. ETG’s operations span Europe, the United States, and Asia and includes long-established and storied brands, such as Battenfeld-Cincinnati, Exelliq (formerly known as Greiner Extrusion), and Simplas.

Giovanni Spitale, CEO of Davis-Standard, stated: “We have long admired ETG’s capabilities and highly engineered products and are thrilled to welcome ETG into the Davis-Standard family of brands. The acquisition of ETG will be highly complementary and diversifying to our fast-growing enterprise, and we believe it will allow Davis-Standard to provide a broader and deeper product portfolio to our customers. We intend to establish the ETG business as a standalone segment that will continue to serve its base of customers with additional support and capabilities from the broader Davis-Standard platform. We believe that the combination of our world-class engineering capabilities, our global scale, and the sharing of best practices will only enhance our ever-expanding value proposition in the extrusion value chain.”

Gerold Schley, CEO of ETG, will join the Davis-Standard senior leadership team and continue to manage the ETG business after closing of the transaction. “I am exceptionally proud of the growth and success that we have achieved across all of ETG’s businesses under the stewardship of Nimbus. This merger is a great outcome that we believe will create a best-in-class, diversified global supplier of highly engineered extrusion equipment.”

Giovanni added: “I am thrilled to partner with Gerold as we invest further to accelerate growth and our global capabilities and look forward to working alongside all members of the ETG team after closing.”

Terms of the transaction were not disclosed. Deutsche Bank Securities Inc. served as lead financial advisor, Current Capital Partners LLC served as a financial advisor and Kirkland & Ellis LLP served as legal counsel to Davis-Standard. Lincoln International served as financial advisor, and Allen & Overy served as legal counsel to Nimbus. Wells Fargo Securities, LLC, BMO Capital Markets Corp., UBS Securities LLC, Deutsche Bank Securities Inc., Stifel, Nicolaus and Company, Inc. and Citizens Bank, N.A. are providing financing commitments for the transaction, subject to customary terms and conditions.

About Davis-Standard

Founded in 1848 and headquartered in Pawcatuck, CT, Davis-Standard is a global leader in the design, development, distribution and aftermarket servicing of extrusion and converting technology. Our systems encompass over 11 product lines to support manufacturing applications and customers in a wide variety of industries, including infrastructure, building & construction, consumer products, medical and packaging.

With more than 1,400 employees worldwide and a network of independent sales agents and suppliers in nearly every country, Davis-Standard is committed to engineering systems that are cost-effective, environmentally friendly, and offer a high return on investment. The company has manufacturing and technical facilities in the United States, Canada, China, Germany, Finland, Switzerland and the United Kingdom. To learn more, please visit www.davis-standard.com.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $3 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

PaperWorks Acquires The Standard Group

FORT WASHINGTON, Pa. – June 23, 2023 PaperWorks Industries Inc., has completed the acquisition of The Standard Group. Founded in 1932, The Standard Group is a converter of custom printed paperboard packaging with a manufacturing location in Louisville, Kentucky.

“The Standard Group aligns well with PaperWorks in terms of emphasizing quality and innovation while serving customers which value sustainable, paper-based packaging,” says Brian Janki, President & CEO for PaperWorks. “This addition signifies a ‘return to growth’ for PaperWorks team members and further bolsters our position in North America. The Standard Group meets PaperWorks’ strategic criteria including increased vertical integration, complementary geographic fit with our mill system and folding carton operations, while serving diverse end markets.”

Lou Cortes, President & CEO of The Standard Group, who will join PaperWorks, comments, "We are excited to become part of an organization with an outstanding reputation and strong values that are in line with The Standard Group. PaperWorks provides an opportunity for the Louisville facility to prosper within a larger folding carton network, leverage broader technical capabilities, and benefit from mill integration to provide the highest levels of service to our customers.”

By integrating The Standard Group’s folding carton facility in Louisville and welcoming 120 team members, PaperWorks will operate an integrated folding carton business including two mills and six converting facilities employing over 1,400 team members.

About PaperWorks

PaperWorks is a leading, integrated North American producer of 100% recycled paperboard and specialized folding cartons. PaperWorks supplies independent packaging converters with coated recycled paperboard (CRB) and provides sustainable, fiber-based packaging solutions to consumer products companies, emphasizing innovation and market differentiation for reputable brands. The Company serves a diverse set of end markets including food, beverage, personal care, and home care. For more information, please visit: www.onepaperworks.com.

Extreme Reach Receives Investment from Ares Management

Investment Alongside Gamut Capital Management to Accelerate Company’s Growth and Transformation

NEW YORK – June 14, 2023 – Extreme Reach, Inc. (“Extreme Reach,” “ER” or the “Company”) today announced that a fund managed by Ares Management’s Private Equity Group has agreed to make a significant strategic investment in Extreme Reach, in partnership with the Company’s management team and affiliates of Gamut Capital Management, L.P. (“Gamut”), its existing majority owner. 

Extreme Reach, a leader in creative logistics, with strong client relationships that include 93 of the top 100 global advertisers, operates in 140 countries and enables $150 billion in TV and video ad spend globally.

Louisa Wong, Extreme Reach’s recently appointed Chief Executive Officer, commented, “Throughout the past decade, Extreme Reach has broadened its market footprint and enterprise capabilities via strategic acquisitions to ensure the Company is built not only for the present but for whatever tomorrow brings.  Today, we remain tech-forward and human centric while leveraging artificial intelligence and automation to unlock additional value for our clients. Our fundamental goal to amplify the efficacy within the supply chain remains unchanged,” Wong continued. “We are singularly positioned to transform how teams launch, track and optimize campaigns across a complex landscape, and to provide efficiencies sought by advertisers, agencies, media partners, and measurement companies.”

Matt Underwood, a Partner in the Ares Private Equity Group said, “We look forward to partnering with Louisa, the team at Extreme Reach, and Gamut Capital to invest in a leading technology vendor in the global advertising industry. Given its strong roots in advertising delivery and infrastructure, Extreme Reach has a strong position in the market to create new products and services that help advertisers manage, distribute, and track video content across disparate media platforms. Alongside Gamut, our investment will help ER drive innovation to accelerate growth in creative asset management, end-to-end Saas workflow, digital video, and entertainment payroll solutions.”

“We welcome the Ares team as our new partners at Extreme Reach. Ares shares our vision for driving value through innovation and has an impressive history investing in industries undergoing transformation. We remain very enthusiastic about the future of Extreme Reach under Louisa’s leadership and look forward to working closely with Ares for years to come,” said Michael Kreger, Senior Partner of Gamut.

 

About Extreme Reach

Extreme Reach is the global leader in creative logistics. Its end-to-end technology platform moves creative at the speed of media, simplifying the activation and optimization of omnichannel campaigns for brands and agencies with unparalleled control, visibility, and insights. In addition, the Company offers a scaled and flexible platform to provide payroll management solutions for its clients and the broader entertainment ecosystem.

One global creative-to-media supply chain answers the challenges of a complex marketing landscape and an equally complicated infrastructure under the global advertising ecosystem. The company’s groundbreaking solution integrates all forms of linear TV and non-linear video workflow seamlessly with talent payments and rights management. Now, brands and agencies can optimize campaigns as fast as consumer consumption shifts across linear TV, CTV, OTT, addressable TV, mobile, desktop, and video-on-demand.

Extreme Reach operates in 140 countries and 45 languages, serving 93 of the top 100 global advertisers and enabling $150 billion in TV and video ad spend around the world. More than half a billion creative brand assets move through Extreme Reach’s creative logistics platform. To learn more, please visit www.extremereach.com.

 

About Ares Management

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2023, Ares Management Corporation's global platform had approximately $360 billion of assets under management, with more than 2,600 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

 

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

Hoffmaster Group, Inc. Acquires Paterson Pacific Parchment Company

Acquisition brings together two leading brands known for quality and service

OSHKOSH, Wis. - February 27, 2023 - Hoffmaster Group Inc., a leading U.S. manufacturer of premium disposable tableware, announces today the acquisition of Paterson Pacific Parchment Company (“Paterson” or “Paterson Paper”), a premier producer of foodservice paper and parchment products. Hoffmaster will assume operations for Paterson as part of its family of production facilities.

Specializing in print and converting paper products and located in Sparks, Nevada, Paterson is majority-owned by members of the Buckley family and a committed group of outside shareholders. With 100 years of expertise and under the leadership of Joe Buckley, Paterson has built a strong reputation with its knowledgeable sales force and breadth of premium foodservice and baking industry products. Paterson’s legacy of quality products will be highly complementary to the Hoffmaster Group portfolio. Together, customers can expect the same exceptional service with an unparalleled offering of products and solutions.

“This is an important acquisition for Hoffmaster as we bring together two leaders in the premium foodservice disposables category,” said Rory Leyden, CEO of Hoffmaster Group, Inc. “We are looking forward to the opportunities that will result from the combined strengths of the two companies. Paterson’s Nevada location increases access to the West, strengthening our national footprint. This partnership enables us to continue our exceptional service with expanded capabilities to our combined customer base.”

“On behalf of the Paterson team, we look forward to joining the Hoffmaster organization,” said Joe Buckley, President of Paterson Paper. “This next chapter will be one of accelerated growth with a continued and dedicated focus on servicing our customers.”

To support the acquisition, Hoffmaster has secured new financing commitments and strategic capital to refinance its capital structure. Gamut Capital Management, L.P. (“Gamut”), a New York-based middle market private equity firm, led an equity investment in Hoffmaster through affiliates of its second institutional fund, Gamut Investment Fund II, L.P.  Gamut will partner with existing shareholder, Wellspring Capital Management, L.P. (“Wellspring”), to complete the acquisition and support Hoffmaster in driving further value creation for its stakeholders.

“We appreciate Gamut supporting our strategic initiatives and providing validation of the exciting growth opportunities ahead and look forward to the partnership alongside Wellspring,” adds Leyden.

To learn more about Hoffmaster, visit www.hoffmaster.com. To learn about Paterson, visit www.patersonpaper.com.

  

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements.  Such statements are based on management’s current reasonable and good faith expectations.

 

About Hoffmaster®

Hoffmaster is a one-stop source offering a complete line of premium disposable paper tableware items for restaurants, hospitals, and a wide variety of other service industries.  The Company, established in 1947, is the platform company for the Hoffmaster Group, Inc. ® Foodservice Division.  Hoffmaster Group, Inc. is currently owned by Wellspring Capital Management.

About Paterson®

For more information, visit www.patersonpaper.com.

 

About Wellspring Capital Management

Wellspring Capital Management is a leading private equity firm headquartered in New York.  Since its founding in 1995, Wellspring has raised over $4.5 billion of initial capital commitments through six private equity funds.  Over the past 25 years, Wellspring has invested in over 45 platform investments across various segments of the U.S. and global economies. For additional information, please visit www.wellspringcapital.com.

 

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing in excess of $2 billion in assets focused on the middle market. Founded in 2015, Gamut’s senior deal professionals have executed investments in over 50 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.