Atlantic Street Capital 2020 Recap Includes Four Platform Investments, 25 Portfolio Company Add-Ons, Hiring of COO, and Relocation to NYC
Summary
NEW YORK, Jan. 14, 2021 /PRNewswire/ -- Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, takes the opportunity as it begins to celebrate the 15th year since its founding to provide a brief review of 2020 and a look ahead to 2021 activities. Led by CEO , Zips offers an industry leading unlimited wash club for its members, which the Company expects to expand significantly in 2021. • , the global leader in providing highly secure, fully managed customer-facing technology solutions on an outsourced basis to the hospitality industry, senior living communities, corporate offices, financial institutions, retail, education and stadiums. Working closely with its portfolio company management teams, Atlantic Street supported 25 add-on acquisitions in Funds III and IV that will strengthen the platforms of United Veterinary Care (17), Zips Car Wash (4), Lab Logistics (2), Uniguest (1), and All Star Auto Lights (1) Peter Shabecoff, Co-Chief Executive Officer of Atlantic Street, said, "The depth and diversity of our team enabled us to quickly evaluate opportunities, understand transactions, interact well with management, and complete several exciting transactions, as well as add-on acquisitions that will bolster our portfolio companies." Andy Wilkins, Co-Chief Executive Officer of Atlantic Street Capital, added: "We have continued to make investments in attractive sectors where we have deep industry knowledge and experience.
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