CITG Capital Partners is a private investment group that represents capital committed by families and individuals
We have a 20 year history of investing in growth oriented, entrepreneurial companies in a wide variety of industries. Historically, we've taken an opportunistic approach to investing with a flexible view on capital structure position, investment size and ownership stake. We will evaluate companies at all stages of development ranging from the formation of new ventures to investing in well-run existing businesses. The common thread among all of our investments is a strong partnership with outstanding leadership that shares our core values.
CITG was originally seeded by the success of Combine International, a Detroit-based manufacturing company founded in 1974. CITG became a vehicle for numerous private equity investments in a variety of industries, including manufacturing, telecommunications, and software.
CITG takes a hands-on approach to private equity investing by working closely with outstanding executives and management teams to generate significant equity value in its investments. The members of CITG have the proven capabilities when required to take a role in operations and strategic development to support a business. Furthermore, CITG looks to leverage its extensive executive relationship network to create unique opportunities for its portfolio companies. The success of this approach is driven by CITG's philosophy that long term relationships create exceptional long term value.
The managing members of CITG have over 30 years of experience starting and building middle market companies in manufacturing, distribution, services, and technology. CITG has over 15 years of experience in investment banking and private equity, providing expertise in evaluating investment opportunities, transaction execution and proactive portfolio management. The professionals within CITG are committed to working closely with our leadership teams to build great companies.
Our team is composed of individuals with deep private equity and entrepreneurial experience
Prior to CITG Capital, Erik worked for KRG Capital Partners, a Denver based private equity firm where he was responsible for platform investments in the distribution, energy and healthcare industries. Prior to joining KRG Capital Partners, Erik worked in investment banking with Citigroup's Global Energy Group in New York.
Erik received received a BBA from the Ross School of Business at the University of Michigan, graduating with high distinction.
Chief Financial Officer
While at CITG and during his 16-year career at Combine International, Sudesh has served in many managerial and advisory positions and has extensive turnaround, acquisition, and financial restructuring experience. Sudesh served as CFO of Evigna until its sale in 2010.
Sudesh received his degree in Accounting and Finance from The University of Bombay, graduating with distinction, and received his CFA from The Institute of Chartered Accountants of India.
During his 28-year career with Combine International, Roger has served in many managerial and advisory positions and has led due diligence and structuring of acquisitions and new ventures. Prior to CITG, Roger worked in the accounting and finance department of the Charles Kent Reaver Company.
Roger received a BBA from Detroit College of Business and a JD from Michigan State University College of Law. He is presently a member of the State Bar of Michigan.
Prior to CITG, Bela worked for Fidelity Capital in its Boston-based broadband investment group where she focused on evaluating investments in technology and telecommunications in emerging markets. Prior to that, Bela worked for Combine International in various management roles, a Detroit-based manufacturing company.
Bela received a BBA from the Ross School of Business at the University of Michigan, graduating with high distinction, a MBA from the Wharton School at the University of Pennsylvania, and a Master of Education from the Graduate School of Education at Harvard University. She is also a member of the Women’s Leadership Board of the Women and Public Policy Program at the Harvard Kennedy School.
Prior to CITG, Shan worked for GTCR, a Chicago-based private equity firm, where he focused on evaluating investments in software and business services. Prior to that, he worked at Morgan Stanley's Princes' Gate Investors fund in New York, where he focused largely on venture investing in areas such as data storage and enterprise software. Prior to that, Shan worked in investment banking with Morgan Stanley's Mergers, Acquisitions, and Restructurings group in New York. While at CITG, Shan served as President of Evigna and led its acquisition, restructuring, and eventual sale in 2010.
Shan received a BBA from the Ross School of Business at the University of Michigan, graduating Phi Beta Kappa, and a MBA from INSEAD.
Luxury retailer based in the Caribbean
Established in 1991, NXP operates 37 luxury retail venues in the Caribbean with exclusive distribution for high-end jewelry and timepiece brands. Operating under the brand Little Switzerland, NXP has grown organically and through acquisitions, and now spans across the entire Caribbean from the Bahamas to Aruba. NXP employs over 500 people in the Caribbean and the United States.
Global IT services and outsourcing
Founded in 1997, Netlink is a worldwide provider of professional information technology services and high value-add IT outsourcing. Netlink's clients include Daimler Chrysler, Starbucks, GM, Rubbermaid, Motorola, Blue Cross Blue Shield, and Lufthansa. Netlink provides development, testing and implementation skills to management consultants as well as application hosting, connectivity, web development and security, online data integration, legacy system integration and consulting.
Additive metal technology company
DM3D Technology acquired POM Group’s DMD Technology and is currently the premier additive metal 3D company which utilizes laser based direct metal deposition technology to form functional metal parts directly from 3D CAD data. Unlike, laser sintering, traditional coating or thermal spray processes, DMD Technology produces fully dense metal parts with a strong metallurgical bond to the base material resulting in production-ready parts. DM3D’s expertise and innovation, which is protected by its patents and highly proprietary trade secrets, give the company its competitive edge in the marketplace.
Energy Investment Fund
SSN, Incorporated is an energy umbrella fund that focuses on upstream E&P companies and pursues unconventional resource investments. Current portfolio investments are active in North Dakota, Utah, Colorado, Wyoming and Texas. The portfolio also includes mineral and royalty funds targeting high value resource investments.
Trilogy Real Estate Group
Multifamily real estate owner and operator
Founded in 2008, Trilogy Real Estate Group is a privately held real estate firm that acquires and operates multifamily real estate. Trilogy's management team has decades of combined experience in the successful acquisition, asset management, finance, property management, leasing and disposition of multifamily properties. Trilogy employs a research-driven approach to asset selection and target investments with significant value-add opportunities including renovating, repositioning, re-branding and other means of improving operating efficiencies and increasing revenue.
Enterprise procurement SaaS
Xeeva is driving the development and delivery of the next generation of intelligent procurement and financial solutions. Xeeva’s technology is used in over 40 countries and is available in 18 languages. The company’s end to end technology suite includes Sourcing, Procure to Pay, Supplier Collaboration, Financial Collaboration and Extended Enterprise solutions.
Xeeva was acquired by PeakEquity Partners.
Digital manufacturing software
Deneb Robotics was a worldwide recognized leader of multi-CAD digital manufacturing software. Deneb's software was widely used in the aerospace, automotive, defense, environmental, nuclear and research communities. Deneb was acquired by Dassault Systemes S.A.