DAVID BRACKETT // Founding Partner, GE Antares Capital
HOW DOES GE ANTARES CAPITAL WORK WITH
PRIVATE EQUITY FIRMS, AND HOW DOES ITS
APPROACH DIFFER FROM OTHER LENDERS?
DAVID BRACKETT: GE Antares is focused on providing flexible financing
structures to meet the needs of private equity-backed middle-market
companies. Having long-lasting relationships with a significant number of
the most active private equity firms in the U.S., we approach transactions
as only the beginning of a deal, continuing to deliver value after funding.
Working with us, customers receive the breadth of knowledge from
across greater GE. Experienced professionals from numerous GE
businesses visit our portfolio companies and sponsor clients to share
best practices learned from many years of experience in running and
operating businesses. Finding new and better ways to serve our clients
is a constant focus for us.
AS ONE OF THE WORLD’S MOST INNOVATIVE
COMPANIES, GE IS KNOWN FOR WORKING WITH
STARTUPS TO BRING NEW IDEAS TO MARKET. HOW
DOES GE ANTARES STIMULATE INNOVATION?
DB: GE Antares is in a unique position to facilitate collaboration between
GE and middle-market companies. In the past, GE’s technology leaders,
sourcing and licensing program managers had to develop their own
networks of potential partners. Now, by working with GE Antares,
researchers and scientists get near-immediate access to sophisticated
investors and senior-level managers at companies with expertise that can
help innovative technologies get to market faster.
Our private equity clients own more than 25,000 companies around
the world. On one hand, we have line of sight into GE’s innovation
partnering needs, and on the other, we have these thousands of mid-market companies with valuable industry expertise and capabilities. From
there, we can make connections between the two.
Today, successful innovation is rarely a self-contained activity. We
recognize that making these connections not only benefits GE but also
the companies we collaborate with, the private equity firms that own
them and the market as a whole.
DAVID BRACKETT is a founding
partner of GE Antares Capital, where
he leads the investment group’s
sponsor coverage activities and is a
member of its investment council.