BOSTON–(BUSINESS WIRE)–We are pleased to announce the formation of Cohere Capital, a growth
focused private equity firm seeking to invest in leading middle market
businesses in the United States and Canada. Cohere Capital has a
flexible mandate across growth markets, but will primarily target
majority stakes in profitable technology-enabled business and healthcare
services companies.
Cohere Capital was co-founded by Nik Shah and Daniel Gedney, two
experienced private equity executives who worked at leading firms,
including H.I.G. Capital / H.I.G. Growth Partners and Gauge Capital. Nik
and Daniel have over 30 years of combined experience investing in and
working with growth companies, and they look forward to bringing that
experience to their partnerships with entrepreneurs, management teams,
and companies.
“Our focus is on finding market leaders that seek a capital and business
partner to help execute on the next phase of their growth and strategic
plan,” said Nik Shah, Co-Founder and Managing Partner. “We take our
partnership approach from our name: Cohere, which means to be united and
consistent.”
Daniel Gedney, Co-Founder and Principal, added, “Nik and I have known
each other for over ten years, including several years together at
H.I.G., and I look forward to building a firm and investing with him. We
believe that even in a competitive private equity market, the
opportunity exists for a differentiated approach. We are excited to
start making investments and executing on our strategy.”
Contacts
Nik Shah
Co-Founder and Managing Partner
[email protected]
617-245-4020
Daniel
Gedney
Co-Founder and Principal
[email protected]
617-245-4020