Crofton Capital is a growth private equity firm that invests in and provides strategic resources to small and midsize businesses based primarily in the northeast.
Crofton Capital acquires majority control of stable businesses with its investment partners, and supports the growth of these businesses over the long term through collaboration with the management team. Good acquisition candidates are family-owned and closely-held businesses with an owner-operator or passive owner who is looking to realize liquidity and/or transition out of the business. An owner may wish to retain a minority ownership interest, and perhaps continue to manage the business, in order to participate in future upside. Crofton Capital will also facilitate the management buyout of a stand-alone business or a division of a larger company.
Phil Ivey founded Crofton Capital after 15 years of experience as a mergers and acquisitions advisor working closely with exceptional management teams running excellent companies. During this time he learned a great deal about the different approaches used in building successful businesses, ranging from big picture strategy to day-to-day tactical execution.
Following many years of efficiently and effectively completing business sale transactions – most recently as Managing Director with Harris Williams & Co. – Phil has an established track record of straightforward dealing together with strong results.