Private | |
Industry | Private equity |
Founded | 1975 |
Founder | Richard C. Blum |
Headquarters | San Francisco, California, United States |
Products | Leveraged buyout, PIPE, Growth capital |
Total assets | $4.5 billion |
Number of employees
|
30+ |
Website | www.blumcapital.com |
Blum Capital Partners (formerly Blum Capital) is an American private equity firm focused on leveraged buyout, growth capital and PIPE investments in small cap and middle-market companies across a range of industries. The firm is known for pioneering a hybrid private equity / strategic block investment strategy in public companies.
The firm, which is based in San Francisco, was founded in 1975 by Richard C. Blum. The firm has raised approximately $4.5 billion since inception across four institutional private equity funds raised since 1998.
Prior to founding Blum Capital, Richard C. Blum worked at Sutro & Co. an investment management and brokerage firm founded in 1858. While at Sutro, Blum led a partnership that acquired the struggling Ringling Bros. and Barnum & Bailey Circus in 1967 for $8 million and sold it to Mattel Inc. for $40 million just four years later.
Among Blum Capital's most notable investments have been Fair Isaac,Lenovo,DHL Airways and CB Richard Ellis.
In 1994, Blum Capital entered into a joint venture, Newbridge Capital, with Texas Pacific Group and Acon Investments to invest in Asia and Latin America.