Queens Court Capital Analysis
What is Queens Court Capital?
Operator-first private equity with 40+ years of middle-market expertise
Product Features & Capabilities
- Operator-first private equity investments
- Complex special situations including distressed-for-control and buy-and-build
- $200M+ equity deployed
- 9 proprietary investment platforms
- Active in middle-market transactions
Investment Focus
Queens Court Capital primarily focuses on value investing within private equity, utilizing an entrepreneurial approach and an operator mindset to enhance value creation. Their investment strategy encompasses complex transactions such as distressed-for-control, operational turnarounds, and buy-and-build strategies. They target various sectors, including Business Services, Consumer Products & Services, Industrial Services, Healthcare Services, Specialty Manufacturing, Software and IT, Value Add Distribution, and Environmental Services. The firm emphasizes creating value through partnerships with founders, management, and employees, ensuring that all stakeholders benefit from the investments.
Assets Under Management
$200M+
Investment Geography
Queens Court Capital primarily invests in companies with North American headquarters.
Key Portfolio Companies
- Pet Resort Hospitality Group (PRHG) - A joint venture with Trivest Partners to build a national multi-unit pet boarding, daycare, and hospitality platform. (Active since March 2023)
- Hopemark Health - A multi-unit outpatient mental health clinic focusing on novel therapies for refractory depression. (Active since September 2022)
- POW Interactive Holdings - A collectible card game publisher undergoing management recapitalization with significant growth initiatives. (Partial exit in December 2021)
- HairCuttery Family of Brands - The fourth largest hair salon chain in the U.S., which was restructured through a Chapter 11 process. (Active since April 2020)
- Concertiv - A tech-enabled services business providing data analytics and group purchasing to the middle market, which underwent management recapitalization. (Partial exit in March 2019)
- VCG Holdings - A chain of veterinary clinics that scaled from 3 to 14 locations over three years, leading to a successful sale. (Full exit in June 2018)
- The Plastics Group - A specialty plastics manufacturer that underwent an out-of-court restructuring. (Full exit in May 2018)
- Convene - A premium hospitality company operating meeting and event spaces across the U.S. and UK. (Full exit in October 2009)
- Summit Adventure Park - A multi-unit platform of family fun adventure parks developed in partnership with a proven operator. (Active since November 2018)
Notable Exits
Queens Court Capital has made several notable exits, including:
1. **VCG Holdings** (June 2018) - A chain of veterinary clinics scaled from 3 to 14 locations over 3 years, successfully sold to NVA. Exit method: Full Exit.
2. **The Plastics Group** (May 2018) - A specialty plastics manufacturer involved in fuel management solutions, led an out-of-court restructuring through a complex Article 9 transaction. Exit method: Full Exit.
3. **Convene** (October 2009) - A premium hospitality company operating meeting and event spaces with a network of 38 locations across the U.S. and UK. Exit method: Full Exit.
4. **HairCuttery Family of Brands** (April 2020) - The 4th largest hair salon chain in the U.S., restructured through a Chapter 11 process. Exit method: Active, indicating ongoing involvement.
5. **Concertiv** (March 2019) - A tech-enabled services business providing data analytics and group purchasing, involved in management recapitalization. Exit method: Partial Exit.
These exits demonstrate the firm's focus on various sectors, including healthcare, consumer services, and business services.
Management Team
The management team of Queens Court Capital includes the following members:
- **Azhar Quader** - Managing Partner
- **Mayur Lakhani** - Partner
- **Ankit Chandola** - Principal
- **Derek Pitts** - Senior Advisor
- **Michael Grad** - Senior Advisor
