Miami-based investment firm Tigertail Capital Partners (TCP) announced an official launch. TCP is focused on investing in founder-owned businesses across highly fragmented industries with limited tech-enablement to date. It is being led by Alex Gatof, Andrew Och, and Zach Katz, who collectively have 25+ years of experience in private and public market investing, as well as software and data engineering.
Tigertail Capital Partners will focus on making control investments in U.S.-based, founder-owned businesses with enterprise values up to $100 million and partnering with existing management teams to accelerate growth and create long-term value for shareholders. TCP has gained initial support and backing from multiple family offices and industry executives.
Tigertail Capital Partners’ first platform – Advantage Distribution Holdings (ADH) – has been formed to create a tech-enabled distributor of HVAC equipment & parts.
KEY QUOTES:
“At TCP, we have an intimate understanding of the unique opportunities and challenges faced by founder and family-owned businesses. We also understand growth is not a solo endeavor, but a team effort. We formed TCP with a singular objective – to forge enduring partnerships with the leaders of today to catalyze the market-defining businesses of tomorrow.”
- Zach Katz, Co-Founder and Managing Partner
“We’ve assembled a team with significant investing and operating experience in the industrial, building products and technology industries. Distributors, with their irreplicable logistics networks and hyper-localized fulfillment capabilities, are the lifeblood of the U.S. supply chain and poised to benefit from numerous structural and secular tailwinds. To capitalize on this, we are committed to building a best-in-class distribution platform, having identified HVAC as the perfect industry in which to do so.”
- Alex Gatof, Co-Founder and Managing Partner
“Through ADH, we’re building an industry-defining HVAC distribution platform of scale and filling a much-needed void in the market. Industry dynamics have forged a barbell-shaped competitive landscape between regional distributors and major platforms. We believe there is a compelling opportunity to ‘Build into the Middle’, leveraging scale and technology to enhance our value proposition to both our suppliers and customers.”
- Andrew Och, Co-Founder and Managing Partner
