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Claure Group invests in PE firm Brightstar

Claure Group, a Miami-based investment firm, has recently announced its investment in Brightstar Capital Partners, a private equity firm that specializes in middle-market companies. The investment is expected to help Brightstar expand its portfolio and increase its global reach.

Brightstar Capital Partners was founded in 2015 by Andrew Weinberg, a former managing director at Goldman Sachs. The firm focuses on investing in companies with strong growth potential and has a particular interest in the healthcare, business services, and industrial sectors. Since its inception, Brightstar has invested in several successful companies, including Global Resale, a provider of refurbished technology products, and QualTek, a provider of infrastructure services to the telecommunications industry.

The investment from Claure Group is expected to provide Brightstar with additional capital to invest in new companies and expand its existing portfolio. Claure Group is led by Marcelo Claure, a successful entrepreneur and investor who has previously served as the CEO of Sprint Corporation and as the executive chairman of WeWork. Claure has a strong track record of investing in successful companies and is known for his ability to identify promising opportunities in emerging markets.

In a statement announcing the investment, Claure praised Brightstar’s track record of success and expressed his confidence in the firm’s ability to continue to deliver strong returns for investors. “We are excited to partner with Brightstar Capital Partners and support their mission of investing in high-growth companies with strong management teams,” he said. “We believe that this investment will help Brightstar continue to build on its impressive track record of success and create value for its investors.”

The investment from Claure Group is just the latest in a series of successful fundraising efforts by Brightstar Capital Partners. In 2019, the firm raised $710 million for its first fund, which was oversubscribed due to strong demand from investors. The firm has since made several successful investments and is well-positioned to continue to grow its portfolio in the coming years.

Overall, the investment from Claure Group is a positive development for Brightstar Capital Partners and is expected to help the firm continue to expand its reach and invest in promising companies. With the support of Claure Group and other investors, Brightstar is well-positioned to continue to deliver strong returns and create value for its investors.

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