Press Release (February 9, 2023)
General Partner’s, Jefferey Holmes and Clint Campbell are proud to announce that Cephas Capital celebrated its’ 25-year anniversary in July of 2022. Founded in July of 1997 and looking back on a successful history of supporting small business, Campbell notes that Cephas has filled a largely unmet capital need in our region with an ability to fund transactions above what is generally available from the “family and friends” network, but below the threshold typically required to entice investors into Upstate New York from outside of the area. To date, Cephas Capital has helped over 60 Upstate New York based businesses achieve their funding goals.
As the economy transitions over the coming years, Holmes believes that the current fund, Cephas Capital Partners III, LP, is well positioned to help keep strong Upstate NY businesses in the hands of local owners. As the “baby boom” generation decides to sell their operations, Cephas can assist the next line management teams with investment capital to strengthen the appeal of a management led buyout option. In fact, the first completed transaction in the “Cephas III” portfolio involved just such a scenario, keeping a thriving Rochester, NY based business in the hands of a new manager/owner. The General Partners believe that many such opportunities will arise over the next few years, and encourage all parties to reach out to Cephas Capital to discuss how these type of deals can be brought to fruition.
Cephas Capital Partners II, LP and Cephas Capital Partners III, LP are both licensed Small Business Investment Companies (SBIC’s), a private-sector led partnership with the U.S. Government. “Cephas III” is actively seeking opportunities to help finance transactions involving management-led changes in ownership, businesses contemplating an acquisition or major growth opportunity, or companies facing special financing circumstances. Since inception, the two funds have invested in excess of $100 million in over 60 businesses. We are located at 11 Schoen Place, Pittsford, NY. For additional information please call Clint Campbell or Jeffery Holmes at 585-383-1610.
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