SALT LAKE CITY--(BUSINESS WIRE)--Peterson Partners and Mountaineer Capital Partners today announced that they have formed an alliance to develop an investment platform for municipal facing businesses. This new alliance will connect private enterprises with the public sector to provide economically viable solutions for infrastructure issues facing cities and towns all across the United States in areas such as inflow & infiltration, energy efficiency, LED lighting, and smart city technologies.
Philip Riley, Managing Member at Mountaineer Capital Partners commented, “Elected officials in cities, towns, and municipalities across the U.S. are looking for innovative private sector providers to meet the growing demand for their infrastructure, energy, and advancing technology needs. Peterson Partners brings a wealth of experience in working with businesses to provide investment capital as well as added value operational and market expertise.”
“Mountaineer Capital Partners brings a unique understanding and perspective of the municipal market segment as well as a deep operational experience in successfully serving the needs of municipalities and their residents. We believe this alliance creates a powerful vehicle to provide businesses operating in the municipal market sector with a unique combination of significant financial capability, broad operating experience, and a deep understanding of the municipal market,” added Matt Day, Partner at Peterson Partners.
Brad Carmichael, Managing Member at Mountaineer Capital Partners also commented, “Public-Private Partnerships are growing in popularity with city officials as private enterprises are providing innovative solutions to many of the growing needs of municipalities at a time when municipal budgets are becoming more and more strained. We are excited with the opportunity to work with Peterson Partners to bring investment opportunities to those businesses that are looking to further develop their presence in the municipal market sector with attractive value propositions for city officials.”
About Peterson Partners: Peterson Partners is an independent investment management firm based in Salt Lake City, UT. Since its founding in 2003, we have raised 8 growth-oriented private equity funds and have invested in over 130 companies across a variety of asset classes. We seek to be a true value-add partner to the entrepreneurs we back, and we look for entrepreneurs who desire more than just capital from an investment partner. www.PetersonPartners.com
About Mountaineer Capital Partners: Mountaineer Capital Partners is an Independent Investment Sponsor that specializes in early stage growth businesses in the municipal market channel. Utilizing our financial market knowledge and relationships along with our unique municipal experience in marketing, sales, and business development we can help your municipal facing business grow bigger and faster. www.MountaineerCapitalPartners.com