West Palm Beach, FL and Chicago, IL – Comvest Partners (“Comvest”) is pleased to announce the opening of a new office in Chicago. Comvest will leverage its Chicago office to further increase origination capabilities for its direct lending and control equity strategies. Expansion into Chicago comes at an exciting time in Comvest’s fifteen-year history. In June, Comvest’s direct lending strategy, Comvest Capital, announced the final closing of its third fund, with $450 million in capital commitments, above the initial fund target of $350 million.
As part of the Chicago expansion, Comvest also announced the hiring of Jon Huitink as a Principal. Jon will join Greg Reynolds, Managing Director, and Tim Kim, Associate, in Comvest’s Chicago office. Prior to joining Comvest, Jon was a Senior Vice President with Golub Capital, where he was involved in originating, underwriting, and managing, senior, unitranche, and junior secured debt investments, as well as restructuring distressed investments. Before joining Golub, he underwrote and managed senior and junior secured debt investments at Dymas Capital Management, where he worked closely with Dan Lee and Greg Reynolds, Managing Directors at Comvest Capital. Jon’s career has also included positions at LaSalle Bank where he focused on middle market, cash flow lending, and at Salomon Smith Barney, where he was a member of their Leveraged Finance Group. Jon received a B.A. in accounting from Central College.
“Having worked with Jon for several years at Dymas Capital, we are delighted to add him to the team,” said Greg Reynolds. “Jon brings a great deal of experience in structuring and underwriting, as well as a proven network for originations. We believe Jon’s addition will strengthen the team as we continue executing on our direct lending strategy.”
About Comvest Partners:
Comvest Partners is a private investment firm providing equity and debt capital to middle-market companies across the U.S. Since its founding in 2000, the firm has invested over $1.9 billion. Today, Comvest’s funds have over $2.3 billion of assets under management. Through our extensive capital resources and broad network of industry relationships, we offer our companies financial sponsorship, critical strategic and operational support, and business development assistance. For more information, please visit www.comvest.com.