Annual roundup of founder-friendly investors includes venture capital, in addition to private equity, for the first time
New Harbor Capital is grateful to be included again in Inc.’s third annual Founder-Friendly Investors list, honoring the private equity and venture capital firms with the best track record of success backing entrepreneurs.
This is a shift from previous lists—which were called the Private Equity 50—since, for the first time, this year’s list includes venture capital firms. The final list recognizes 146 firms that entrepreneurs can trust and collaborate with while receiving the financial support they need to help accelerate growth. All 146 have a successful track record of remaining actively involved in the businesses after their investment.
“New Harbor is very humbled to be included again on this list,” said Tom Formolo, Partner at New Harbor Capital. “We genuinely care about the success and welfare of the founders we work with and seek to create a culture of partnership that we believe sets us apart from other private equity firms. This honor is reflective of that effort.”
To compile the list, Inc. went straight to the source: entrepreneurs who have sold to private equity. Founders filled out a questionnaire about their experiences partnering with private equity firms and shared data on how their portfolio companies have grown during these partnerships.
New Harbor’s unique and collaborative approach has helped foster deeply valuable and personal partnerships with founders, evidenced by some of their testimonial statements:
“When I decided to sell Wedgewood and partner with New Harbor Capital, it was important to me that New Harbor delivered on their promise to be a great partner to Wedgewood and its management team,” said Lucy Malmberg, Founder of Wedgewood Pharmacy. “Our relationship with New Harbor gave us the ability to serve more patients and prescribers and increase our operational efficiency.”
“Our experience with New Harbor has exceeded our expectations,” said Matt Riley, CEO and Founder of Blueprint Test Prep. “They are honest and ethical and care about the business owners they work with.”
“New Harbor was the perfect partner to help us accelerate our growth and support our business for its continued success,” said Dr. Mark Levine, Founder of Community Psychiatry. “Thanks to their strategic guidance, our company was well-positioned as a leading provider of quality mental health care services throughout California and beyond.”
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.