Snow Phipps, a New York-based private equity firm, has selected DealCloud for pipeline management, business development efforts, and relationship management.
“As the private equity market continues to grow and evolve, it is more important than ever to employ disciplined and proactive business development practices,” said Townsend Bancroft at Snow Phipps. “DealCloud’s singular focus on the investment community has resulted in a platform that is tailor made to substantially enhance our pipeline and relationship management processes and facilitate seamless collaboration across the firm.”
Snow Phipps takes an operationally-driven approach to creating long-term capital appreciation through investments in middle market companies within the Industrials, Services and Consumer sectors. Within those sectors, the firm targets companies in attractive sub-sectors and works closely with its operating partners and management teams to support organic and acquisition-focused growth initiatives.
“The Snow Phipps team has extensive private equity experience and is a real leader in the industry,” said Ben Harrison, President of Financial Services at DealCloud. “We’re excited to work with them to better manage their deal pipeline and relationships, and further drive their business development efforts.”
DealCloud, an Intapp company, provides a single-source deal, relationship, and firm management platform to enable over 800 clients to power their deal-making process from strategy to origination to execution. We offer fully configurable solutions purpose-built for the complex relationships and structures of private equity and growth capital firms, investment banks, private and publicly traded companies, debt capital providers, and other investors. For more information, visit www.dealcloud.com.
About Snow Phipps Group, LLC
Snow Phipps is a middle-market private equity firm. Since its founding in 2005, the firm has taken an operationally focused approach by partnering with dedicated senior executives (operating partners) and strong management teams. Snow Phipps targets companies in attractive sub-sectors across the Industrials, Services and Consumer sectors. The firm has been investing Snow Phipps III, L.P., with $913mm of total commitments, since 2016 and to date has made six platform investments from this fund. Since inception, the firm has raised $2.4bn of capital commitments and completed 24 platform investments and approximately 60 add-on acquisitions. For more information, please visit www.snowphipps.com.