Latest news with #DenaliGrowthPartners
Yahoo
6 days ago
- Business
- Yahoo
Slipstream Announces New Investment from GreyLion Partners and Denali Growth Partners
Investment further positions Slipstream for continued growth BLUE BELL, Pa., August 05, 2025--(BUSINESS WIRE)--Slipstream IT ("Slipstream"), a trusted technology partner serving the pharmaceutical and biopharmaceutical industry, today announced an investment from GreyLion Partners LP ("GreyLion"), a U.S. private equity firm focused on high-growth businesses. The investment complements Slipstream's existing equity investment from Denali Growth Partners ("DGP"), which also participated alongside GreyLion. The financing will further enable the Company to continue investing in people, systems, and processes, while expanding its offerings in new and existing markets through organic growth and potential add-on acquisitions. Terms of the transaction were not disclosed. Slipstream operates at the intersection of an increasingly complex and evolving pharmaceutical and biotech landscape, in an expanding market for outsourced IT services. This latest investment will fuel the continued growth of Slipstream's capabilities across Cloud CRM Solutions, R&D and Commercial Services, IT & End User Services, AI, and Information Management. "The dynamic pharmaceutical regulatory environment requires a need for compliant capabilities with specific expertise around the industry, and our suite of services is catered to support these unique requirements and complexities," said Brandon McKay, CEO and Founder of Slipstream. "We believe there are significant opportunities to further scale our platform. Our team is thrilled to partner with GreyLion and DGP. We look forward to leveraging their long-standing experience and expertise to help us achieve our strategic business objectives." Slipstream's mission is to empower Life Sciences organizations with pragmatic, scalable, and compliant technology solutions, enabling customers to accelerate innovation, adopt best-in-class practices, maintain digital integrity, and ultimately improve patient outcomes. Henry Heinerscheid, Partner at GreyLion, said, "We are excited for the opportunity to serve as a strategic partner to Brandon and the Slipstream management team alongside DGP for its next phase of growth." "We believe there is a significant opportunity for Slipstream to continue to scale while maintaining its focus on providing best-in-class service to life science and pharma companies," added Ryan Anderson, Partner at GreyLion. "Since partnering with Brandon and the Slipstream team in 2022, we've seen firsthand their ability to build a scalable, growing, and resilient business. They've continued to expand the platform and solutions with strategic clarity and execution. We're proud to continue to support a management team we deeply admire, and are excited about the significant growth opportunities ahead," said Jesse Lane, Founder and Managing Partner of DGP. "We are looking forward to continuing to support Slipstream and to working alongside the team at GreyLion," added Greg McDouglas, a Vice President at DGP. Legal and Financial AdvisorsKirkland & Ellis LLP served as legal counsel to the Company and advised on the Company's financing and fund matters for DGP and GreyLion. Latham & Watkins LLP represented GreyLion. Choate Hall & Stewart LLP served as legal counsel to DGP. Fox Rothschild LLP acted as counsel to management. Guggenheim Securities, LLC served as Slipstream's financial advisor. About Slipstream Slipstream is a trusted technology partner exclusively serving the Life Sciences industry. Our global team brings deep domain expertise and pragmatic, end-to-end solutions that simplify complex challenges across the entire product lifecycle. We deliver with speed, compliance, and foresight— empowering clients to accelerate research, optimize time to market, and improve patient outcomes, ensuring technology keeps pace with their life-changing mission. Learn more about Slipstream IT About GreyLion Partners LP GreyLion focuses on investing in high-growth businesses in the lower middle market across two sectors: (i) services and (ii) specialized industrial and manufacturing. The team seeks to partner with existing owners and management teams to deliver capital in tailored and flexible structures. The GreyLion partners have spent nearly two decades executing a consistent strategy of investing $25-$125 million of capital per investment, primarily within the United States. They currently manage private equity funds with aggregate commitments of approximately $2.0 billion. For more information on GreyLion, please visit About Denali Growth Partners Founded in 2021, DGP is a Boston-based growth equity firm. DGP seeks to partner with exceptional entrepreneurs who are building growing, profitable, and capital-efficient companies. As of May 1, 2025, the firm manages more than $750 million in Regulatory Assets Under Management. For more information about DGP, please visit or follow the firm on LinkedIn. View source version on Contacts Slipstream Isabella GreyLion Partners LP Jody Shechtmanjody@ Denali Growth Partners Bill Stuartinfo@
National Post
13-05-2025
- Business
- National Post
Denali Growth Partners Raises $400 Million for Second Growth Equity Fund
Article content Article content BOSTON — Denali Growth Partners ('DGP') announced the final close of Denali Growth Partners Fund II ('Fund II') at $400 million in total limited partner capital commitments. Fund II exceeded its $350 million target, backed by strong demand from both existing and new investors. Article content Fund II builds on the success of DGP's debut fund, a $200 million-plus growth equity fund raised in 2021, and advances the firm's strategy of investing in growing, capital-efficient, and profitable companies led by exceptional entrepreneurs. The firm focuses on sectors where its domain expertise aligns with real-world business performance. Such sectors include healthcare, life sciences, professional services, technology-enabled platforms and services, and software. Article content 'DGP was founded to bring founder-aligned growth capital to companies doing extraordinary things, often outside the limelight,' said Jesse Lane, Founder and Managing Partner of DGP. 'We are incredibly grateful for the trust and support from our limited partners. Their collective conviction in our approach, and in the entrepreneurs we back, has been foundational to everything we do.' Article content Fund II attracted a highly respected group of institutional investors, including pension plans, insurance companies, family offices, funds of funds, foundations, endowments, and asset managers. Article content To date, DGP has invested in 11 platform companies that collectively generate over $900 million in revenue, produce more than $100 million in EBITDA, and employ more than 3,000 individuals. Article content Fund II provides DGP with additional capital to continue its mission of supporting exceptional founders building enduring, capital-efficient, and high-growth businesses. Article content Article content Article content Article content Article content Article content
Business Wire
13-05-2025
- Business
- Business Wire
Denali Growth Partners Raises $400 Million for Second Growth Equity Fund
BOSTON--(BUSINESS WIRE)--Denali Growth Partners ('DGP') announced the final close of Denali Growth Partners Fund II ('Fund II') at $400 million in total limited partner capital commitments. Fund II exceeded its $350 million target, backed by strong demand from both existing and new investors. Denali Growth Partners announces the final close of Denali Growth Partners Fund II at $400 million in total limited partner capital commitments. Fund II builds on the success of DGP's debut fund, a $200 million-plus growth equity fund raised in 2021, and advances the firm's strategy of investing in growing, capital-efficient, and profitable companies led by exceptional entrepreneurs. The firm focuses on sectors where its domain expertise aligns with real-world business performance. Such sectors include healthcare, life sciences, professional services, technology-enabled platforms and services, and software. 'DGP was founded to bring founder-aligned growth capital to companies doing extraordinary things, often outside the limelight,' said Jesse Lane, Founder and Managing Partner of DGP. 'We are incredibly grateful for the trust and support from our limited partners. Their collective conviction in our approach, and in the entrepreneurs we back, has been foundational to everything we do.' Fund II attracted a highly respected group of institutional investors, including pension plans, insurance companies, family offices, funds of funds, foundations, endowments, and asset managers. To date, DGP has invested in 11 platform companies that collectively generate over $900 million in revenue, produce more than $100 million in EBITDA, and employ more than 3,000 individuals. Fund II provides DGP with additional capital to continue its mission of supporting exceptional founders building enduring, capital-efficient, and high-growth businesses. Strathmore Group LLC served as DGP's exclusive strategic advisor and as its placement agent. Kirkland & Ellis LLP served as legal counsel for Fund II. About Denali Growth Partners Founded in 2021, DGP is a Boston-based growth equity firm. DGP seeks to partner with exceptional entrepreneurs who are building growing, profitable, and capital-efficient companies. As of May 1, 2025, the firm manages more than $750 million in Regulatory Assets Under Management. For more information about DGP, please visit or follow the firm on LinkedIn.
