Comstock Capital Partners

What is Comstock Capital Partners?

Comstock Partners, LLC is a unique merchant bank that offers growth capital combined with strategic and operating experience to assist established businesses in achieving their objectives. Founded in 1992, the firm targets the middle market, specifically companies with a minimum of $5 to $10 million in EBIT, typically located in the Western United States, from Washington State to Texas.

Comstock's investment size ranges from $10 million up to $500 million, and they focus on a variety of preferred industries such as Entertainment, Financial Services, Consumer Products, Recurring Revenue Models, Business Products and Services, Niche Businesses, Alternative Media, Database Businesses, Underserved Growth Markets, and Outsourcing.

Rather than raising a fund, Comstock can frequently raise the capital required on better terms, due to relationships with private equity firms, hedge funds, and ultra-high net worth family offices. Their ability to custom tailor investments to the individual requirements of a business allows them to avoid the constraints of a fund limited to only equity or mezzanine capital.

Comstock’s operating experience spans seven startups across diverse sectors and business conducted in over twenty countries, including emerging markets like China, India, Brazil, and Africa. This experience enables them to add value to middle market companies looking to expand internationally. Comstock invests in companies with strong niche market positions, potential industry rule-changers, or companies in 'under managed' industries where they can change the business paradigm.

Their involvement continues post-financing, working actively with management to improve margins, growth rates, market share, and return on assets through various strategies. The firm also focuses on working with public companies to build value by obtaining effective control through a significant equity stake.

Although they consider deals nationally, their primary focus is on the West Coast, always ensuring a dedicated, relationship-based approach rather than participating in auctions. Comstock Partners insists on fair market terms and seeks assurance of investment after investing time in getting to know a company.