San Francisco-based private equity firm Fremont Partners last month launched a new Boston office.
Managing director Mark Williamson, who relocated to head the new location, said “(t)he opening of an office on the East Coast is part of our strategy to further broaden the Fremont Partners’ network and to improve access to management teams and deal intermediaries.”
Fremont is still recruiting and expects to announce new hires over the next several months.
Fremont Partners, which manages more than $1.8 billion in capital, focuses solely on investments in middle market companies. In August, the firm recapitalised medical device company Kinetic Concepts for $1 billion, resulting in a liquidity event for limited partners in the firm’s Fund II. A day later, Fremont completed a $132.5 million add-on acquisition for its plastic closure portfolio company, Kerr Group.