The Next Robert F. Smith? The Other Black-Owned Private Equity Firm Making Boss Financial Moves
ICV Partners L.L.C. is a black-owned, New York-based private equity firm that is becoming as much as a success story as Robert F. Smith's equity firm.
From technology and manufacturing to food services and media, these companies represent the revenue and employment leaders of black business as well as its greatest innovators. Top 100 companies have also demonstrated economic impact by producing more than $25 billion in revenues and employed more than 70,000 workers.
ICV Partners L.L.C. is a black-owned, New York-based private equity firm that is becoming as much as a success story as Robert F. Smith's equity firm.
Jackmont Hospitality, owners of 46 restaurants and recently named TGI Fridays' Franchise Group of the Year, takes care of their customers and employees.
The companies that comprise the nation's largest black-owned financial firms continued to seek new avenues for growth in an ever-changing environment marked by digital evolution, regulatory adjustments, institutional demands and consumer preferences.
Several leading black-owned investment banks worked with the Federal Reserve and Treasury Department to restore the economy during the recession to making credit available and underwriting for the $15 billion IPO for financially battered General Motors and senior co-managers of collapsing AIG’s $8.7 billion stock sale.
Michigan-based Syncreon represents one of the most impactful companies that you’ve never heard of. Managing the supply chain needs for corporate leviathans such as General Motors, Dell Computers, and Apple And it's owned by GenNx360 Capital Partners, one of the nation’s largest black-owned private equity firms.
For black auto dealers, among the biggest challenges they are facing now is the lack of succession plans and insufficient capital to acquire additional stores to grow their companies