NYC-based Niobrara Capital Partners announced its launch as a middle market private equity firm focused on strategic investments in technology and technology-enabled services across the ecosystem to capitalize on transformational growth of North American and European technology companies.
Headquartered in New York with a planned initial team of approximately fifteen professionals, Niobrara is focused on investing in companies that are benefiting from mega trends in technology and technology-enabled services in North America and Europe. The firm will invest as either a control partner or a minority partner with meaningful control rights in businesses with EBITDA between $15MM and $100MM. The firm’s investment philosophy is to partner with management teams, leading technology companies, founders, families and Fortune 500 companies to bring its capital and value creation expertise to help its partners achieve industry leading performance and growth.
Niobrara is led by Managing Partner Chip Schorr, an established technology private equity investor who will leverage his extensive experience and existing partnerships to continue to build companies across the technology ecosystem. Since pioneering technology buyouts with the landmark carve-out of Fairchild Semiconductor nearly three decades ago, Schorr has completed over 30 platform investments and 100 acquisitions, including in areas such as software, fintech, IT services, semiconductors and cloud services.
Schorr is joined by Todd Bradley, former lead Operating Partner for One Equity Partners and longtime technology operating executive, with experience leading companies including Tibco and Hewlett-Packard, as well as former Secretary of State Mike Pompeo, a trained engineer and proven entrepreneur with a global experience, who will help shape and navigate the global landscape of technology investing.
Niobrara recently announced its first transaction, a $175MM control equity investment in Polar Semiconductor. Paired with significant commitments from the United States Government via the CHIPS Act and the State of Minnesota, the investment will help Polar double its capacity and meet strategic demand for power semiconductor devices and sensors.
FinSMEs
12/06/2024