https://eprnews.com/ Westcott Family Private Equity Firm Sets Sights on Lower Middle Market Press Release (ePRNews.com) - DALLAS - Jun 03, 2019 - Three investment professionals have joined the Carl Westcott family office to form Westcott Investment Group, LLC, a private equity investment platform seeking to make strategic investments in lower middle market companies. Nick Arthachinda, Swayze Smartt, and Jack Smith all join as founding members.
“We have been interested in investing in the lower middle market segment for some time,” said Court Westcott, a manager of the family office. “Our experience investing in operating companies over the years combined with the inherent flexibility of family office capital makes this area a natural fit for investment.” Swayze Smartt, a Managing Director, added that “we believe there is an unmet need for investment in companies that many private equity groups consider too small or don’t fit within their traditional investment parameters. Having a flexible approach to investing opportunities is a true differentiator in this crowded space.” “By partnering with business owners, their trusted advisers, and management teams, we help companies navigate and execute on the daunting task of preserving their founder’s legacy while creating a succession plan to set the course for strategic growth and partnership into the future,” says Nick Arthachinda, a Managing Director. Jack Smith, Carl Westcott’s long-time business partner, brings a history of operating experience to the company. Smith, who currently serves as Chairman of Fountain Residential Partners, has served in senior management and on many boards of public and private companies in his career. His past includes roles as Chairman of Digital Witness, Chairman and CEO of Internet America, and President of Westcott Communications.
