Irving Place Capital’s origins date back to 1997 when founder John Howard established Bear Stearns Merchant Banking (“BSMB”). Mr. Howard recruited a team of private equity and operational professionals to join him and build a business based on the belief that investment decisions should be driven by what is in the best, long-term interests of the portfolio companies.
In 2008, the team spun out of JPMorgan to become an independent firm known as Irving Place Capital. Since its founding, the firm has invested in over 60 portfolio companies, primarily in the retail and consumer, industrial, and packaging sectors.