News

Upstate Capital Weekly Newsletter – 9/7/22

Deals, News & Events for the Upstate Capital Investment Community 


NHL HALL OF FAME INDUCTEE IS KEYNOTE SPEAKER FOR BUFFALO PRIVATE EQUITY SUMMIT

Keynote Speaker Michael Richter, NHL Hall of Fame inductee and President of Brightcore Energy will sit down with David Helgerson, Co-Head of Impact Investing at Hamilton Lane. Michael is a member of the NHL Hall of Fame after a 15-year career with the New York Rangers where he was a three-time NHL All-Star, Stanley Cup Champion, and Olympic medalist. One of his most famous accomplishments is taking the New York Rangers to a Stanley Cup win in 1994 after 54 years. Michael received his degree following his professional hockey career from Yale University. Since retiring from hockey, Michael has co-founded multiple investment funds and has been the President of Brightcore Energy since 2016. He has raised private equity to grow the business and expand its services reducing energy costs for commercial and industrial buildings and various other markets including commercial and community solar, geothermal, electric vehicle (EV) charging and battery storage.

Register today to hear how the lessons Michael learned in Hockey helped him as the President of Brightcore Energy.


MEMBER HIGHLIGHT

Introducing Upstate Capital Executive Committee member Sam Ticknor! Sam is the Principal at Union Hill Advisors. Sam currently leads business development efforts for Hamilton Lane’s $500M private equity and mezzanine debt direct investment platform in New York State. Connect with Sam on LinkedIn and at the Buffalo Private Equity Summit on September 21!


PE + M&A

Syracuse-based startup TCGplayer was recently acquired by eBay for a total deal value of up to $295M. The business is expected to remain rooted in Syracuse with Chedy Hampson continuing as CEO. “We will have the autonomy and flexibility to continue running TCGplayer just as we always have, and I will continue to lead the Company as CEO, ensuring our commitment to you and the entire collectibles community remains enshrined and protected long into the future,” Hampson wrote.

Schwartz Heslin Group announced that it has provided a benchmark valuation for Crown Point Telephone Corporation and its subsidiaries for the purpose of strategic and estate planning. Crown Point Telephone Corporation is an independent telephone company providing access, billing and collection services to interexchange carriers as well as the sale and lease of telecommunications equipment.

Paramax advised SouthPointe Ventures on the sale of its portfolio company, Sunbelt Packaging, to Envoy Solutions. SunBelt Packaging, LLC is a leading distributor of Industrial Packaging products that include corrugated, poly shrink films, stretch films, steel and poly strapping, hand and machine carton sealing tapes, and other flexible packaging materials.

MORE UPSTATE CAPITAL NEWS

The deadline for startups to apply to pitch at Invest NY: Climate Tech on October 19 at the University at Albany’s ETEC Center is fast approaching. Startups innovating in technologies and business models that focus on sustainability and decarbonization including energy production and utilization, advanced manufacturing, construction tech, resource use and reuse, and food and agriculture advancements are encouraged to apply to pitch. The deadline to apply is September 14.

Are you registered for Accelerate Hudson Valley on September 15? Upstate Capital is collaborating with Think Dutchess to help highlight innovation and entrepreneurship in the Hudson Valley. This event will feature conversations with local real estate investors building places to foster innovation, investor-ready startups raising capital, and investors, business leaders, and professionals supporting the innovation economy.


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MORE NEWS

Upstate Capital Announces 2023 Board of Directors

December 20, 2022

Upstate Capital Announces 2023 Board of Directors


The Upstate Capital Association of NY, the membership organization for private capital investors and transaction professionals across Upstate New York, has announced its 2023 Board of Directors.

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Upstate Capital Announces Winners of the 2022 Annual Awards

December 15, 2022

Upstate Capital Announces Winners of the 2022 Annual Awards


Upstate Capital hosted its 7th Annual Awards Celebration to celebrate the investment ecosystem across Upstate New York. The marquee event highlights the most interesting deals and most active dealmakers across the State in seed, venture, private equity and corporate finance. Over 100 companies and individuals were nominated from all across New York State for awards that recognize individuals and teams that build businesses and conduct transactions.

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2022 Annual Awards Award Winners

December 7, 2022

2022 Annual Awards Award Winners


Upstate Capital announces winners at the 7th Annual Awards Ceremony in Rochester for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.

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2022 Annual Awards Deal Nominations

November 16, 2022

2022 Annual Awards Deal Nominations


Upstate Capital announces the 7th Annual Awards Ceremony – Deal of the Year nominees representing Upstate NY companies. Check out the nominees for award categories designated by investment stage: seed, venture capital, growth equity, private equity, and exit.

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Middle-Market Private Equity + M&A Update – Q3 2022

November 1, 2022

Middle-Market Private Equity + M&A Update – Q3 2022


The Middle-Market PE + M&A Update is a quarterly publication for the Upstate NY deal-making community, presented by the Upstate Capital Association of NY and The Bonadio Group,

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Upstate Capital Weekly Newsletter – 10/26/22

October 26, 2022

Upstate Capital Weekly Newsletter – 10/26/22


Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.

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Event Recap – Invest NY: Climate Tech

October 24, 2022

Event Recap – Invest NY: Climate Tech


Over 100 people gathered at the University at Albany’s ETEC Center on October 19 for Invest NY: Climate Tech. The event was part of the Invest NY series, sponsored by NYSTAR and NYSERDA and produced by Upstate Capital, designed to highlight innovation in various industries across New York.

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Upstate Capital Weekly Newsletter – 10/19/22

October 19, 2022

Upstate Capital Weekly Newsletter – 10/19/22


Send your nominations for the Annual Awards Celebration by October 31st! Nominate a client company and associated transaction, a colleague, or even your own successful deal. Multiple entries are encouraged.

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Upstate Capital Weekly Newsletter – 10/13/22

October 13, 2022

Upstate Capital Weekly Newsletter – 10/13/22


Last Call to Register for Invest NY: Climate Tech at the University at Albany’s ETEC Center. Meet more than 30 startups, venture-backed CEOs, investors, and keynote with Dr. Bill Acker talking about the future of energy storage. Join us in-person and online!

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Upstate Capital Weekly Newsletter – 10/5/22

October 5, 2022

Upstate Capital Weekly Newsletter – 10/5/22


Should you or someone you know be recognized at the Annual Awards Celebration? Nominations are open now through October 31 for capital providers, companies, and people in the industry.

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