• Investment Year:2015
  • Status:Past
  • Stage:
  • HQ:San Diego, CA

Black Mountain Systems

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Black Mountain Systems is a leading provider of innovative workflow software solutions to credit investors and alternative asset managers

The company’s clients, which include leading managers of fixed income and alternative assets in the U.S. and Europe, utilize Black Mountain’s Everest platform to increase operating efficiency and reduce risk.

INDUSTRY KNOWLEDGE & NETWORK

Stone Point assisted Black Mountain with sales and marketing, including numerous successful client introductions. Stone Point supported management with the expansion into new client end markets, including direct lending, commercial banks, alternative assets, investment consultants and insurance companies.

OPERATIONAL ASSISTANCE & GOVERNANCE

Stone Point leveraged its experience in the asset & wealth management technology software space to guide management’s focus toward maximizing higher-value, recurring-revenue streams and helped streamline the contracting process to enhance client retention and growth. Stone Point also implemented best governance practices at the board level and introduced value-added independent directors.

M&A SOURCING

Stone Point played a key role in helping Black Mountain execute its first tuck-in acquisition, which improved the company’s competitive positioning in direct lending.

CAPITAL RAISING & STRUCTURING

Stone Point facilitated all of Black Mountain’s third-party debt financings, providing capital to make distributions and to complete its first acquisition. Stone Point also assisted in creating a management incentive plan to increase alignment and management participation in value creation.

Investments highlighted or discussed in this selection have been selected to illustrate SPC’s investment approach and/or market outlook and are not intended to be an indicator of past or future performance. Each investment discussed in this selection has been selected solely for this purpose and has not been selected on the basis of performance or any performance-related criteria. The investments discussed herein do not represent an entire portfolio and in the aggregate may only represent a small percentage of holdings. Nothing in this presentation shall constitute a recommendation or endorsement to buy or sell any security or other financial instrument referenced herein.