July 22, 2020
Fort Point Capital, a private equity firm that invests in lower middle market, service-oriented companies in partnership with strong management teams, announced the hiring of Michael Brofft as a Vice President and Kyle Fischer as an Associate on the firm’s investment team. Based in Boston, Mr. Brofft and Mr. Fischer will focus on the portfolio and new investment opportunities in the business-to-business services sectors.
“We are excited to have Michael and Kyle join the Fort Point team,” said Paul Lipson, Partner. “Michael’s time spent making direct investments and partnering with private equity sponsors, before his attendance at University of Pennsylvania’s Wharton School of Business, fits well with our institutional approach to investing in lower middle market companies.”
Mr. Lipson further commented, “Kyle’s experience advising industrial and business services companies on mergers and acquisitions, along with his transaction experience with private equity funds, will be a significant asset as we continue to expand our investment activity.”
Mr. Brofft has deep experience in the lower middle market investment industry. Prior to joining Fort Point, Mr. Brofft was an Investment Associate at Siguler Guff, an alternative asset manager, as well as an as an Investment Banking Analyst in the Diversified Finance Group at Keefe, Bruyette, & Woods. Mr. Brofft received an M.B.A from The Wharton School at the University of Pennsylvania and a B.A. in Economics from Williams College.
Mr. Fischer comes to Fort Point with strong lower middle market transaction experience. Prior to joining Fort Point, Mr. Fischer was an Analyst in the Diversified Services Group at Stifel. Mr. Fischer received a B.S. in Finance and Mechanical Engineering from Lehigh University.