West Palm Beach, FL, May, 2013– Comvest Partners (“Comvest”) announced that Jason Gelberd has joined the Firm as a Managing Director in Comvest’s lending business, Comvest Capital. He will be responsible for originating, structuring, and managing Comvest Capital debt investments.
Mr. Gelberd has nearly 20 years experience financing sponsored and non-sponsored middle-market companies in a variety of specialized industries throughout the capital structure. Previously, Jason was a Director with Goldman Sachs Specialty Lending Group. He focused on underwriting and structuring senior and junior debt transactions to middle-market companies. Among his accomplishments at Goldman, he led the development and build out of a successful Lender Finance product line, investing capital in commercial and consumer specialty finance companies. Prior to Goldman Sachs, Jason was a Vice President at Antares Capital, providing senior and junior capital to private equity sponsor backed middle-market companies. Jason’s lending career has also included commercial lending positions at First Source Financial and LaSalle National Bank.
Jason received an M.B.A. from DePaul University’s Charles Kellstadt School of Business and a B.B.A. in Finance from the University of Iowa.
Comvest Capital Partner, Robert O’Sullivan, said “We are delighted to have Jason join our lending team. He comes to us with a very strong credit background, and has demonstrated excellence developing creative structures to serve specialty industries that are relatively under-banked. Jason’s expertise lending to the specialty finance, education and healthcare industries is particularly complementary given these are core industries of focus for Comvest Capital. His addition marks a significant milestone as we continue to strengthen our lending platform serving less competitive segments of the lower middle market.”
Comvest Partners, with $1.3billion of assets under management, provides flexible financing solutions to lower middle-market companies through its equity and debt funds, often meeting time-critical and complex funding requirements. Our firm includes seasoned, senior level operating executives who partner with managers and owners of companies to operationally improve businesses and create long-term value. Since 2000, Comvest has invested more than $1.7 billion of capital in over 115 public and private companies. Please visit www.comvest.com.