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Rock Mountain Capital is a private equity firm founded by industry veteran David Stonehill, who brings over 25 years of experience investing in and growing middle market companies. Rock Mountain focuses on working with entrepreneurs and management teams in the consumer goods & services, technology, media & telecom (TMT), and consumer-facing healthcare services sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up/consolidation strategies.

Team

David Stonehill - Managing Partner

David Stonehill is the founder and Managing Partner of Rock Mountain Capital, L.P. and is responsible for deal origination, transaction execution, portfolio management and overall management of the firm’s operations.  Mr. Stonehill has over 20 years of experience in private equity focused on middle market investments, concentrating on the Consumer Goods & Services, TMT and Consumer-Facing Healthcare Services sectors. Mr. Stonehill currently serves on the Board of Directors of GeoLinks, Spark Orthodontics, VCM Products, Zero G, Argoid Analytics and Newport Healthcare, and on the Advisory Board of Brand House.

Prior to founding Rock Mountain Capital, Mr. Stonehill was a Partner and Managing Director at The Carlyle Group. While at Carlyle, he  served as the Deputy Fund Head and a member of the Investment Committee for The Carlyle Equity Opportunity Funds I and II, Carlyle’s funds focused on the North American middle market. Before joining Carlyle, Mr. Stonehill was an Executive Managing Director and the Head of U.S. Private Investments at Och-Ziff Capital Management.  Previously, he was a Principal in the Private Equity Group at Blackstone and also worked at Chartwell Investments and Bain & Company. 

Mr. Stonehill graduated from Harvard with a degree in Applied Math with Economics and earned his J.D. and  M.B.A. from Harvard.

 

David Scharf - Managing Director

David Scharf is a Managing Director at Rock Mountain Capital and focuses on operations and strategic initiatives, leveraging his vast experience building out corporate infrastructure and guiding companies on a path to operational/financial best practices. Mr. Scharf currently serves as a Director of Spark Orthodontics, VCM Products and Purpose Built Brands.

Previously, Mr. Scharf was an Operating Advisor to Carlyle’s middle market focused fund, the Carlyle Equity Opportunity Fund (CEOF) from 2013 to 2019. Upon Carlyle’s investment in Galaxy Brands, Mr. Scharf served as its Chief Operating Officer until the company was sold by Carlyle to Sequential Brands, after which Mr. Scharf rejoined CEOF as an Operating Advisor.

Prior to working with Carlyle, Mr. Scharf worked at ESL Investments, Prentice Capital, Basso Capital and Hutchin Hill Capital investing in both the public and private markets. Mr. Scharf began his career at Arkin-Medo Inc. a wholesaler serving the printing and publishing industry, eventually becoming CEO. The business was sold to Fuji Film International in 2001, where Mr. Scharf participated in an industry roll up of over $2 billion in revenues.

Mr. Scharf earned his B.S. degree in Economics from the University of Pennsylvania and his J.D. from Fordham Law School.

 

John Battinelli - Vice President

John Battinelli is a Vice President at Rock Mountain Capital and focuses on transaction execution, portfolio management, and deal origination.  Mr. Battinelli currently serves as a Director of VCM Products. Previously, Mr. Battinelli worked in middle market private equity at MidOcean Partners and Gridiron Capital, where he focused on leveraged buyout transactions primarily in the consumer and business services sectors. He began his career in the M&A group of Wells Fargo Securities. Mr. Battinelli earned his B.S. in Economics from Duke University.

Isabella Gao - Associate

Isabella Gao is an Associate at Rock Mountain Capital and focuses on transaction execution, portfolio management, and deal origination. Previously, Ms. Gao worked as investment banking analyst at Solomon Partners and Jefferies Group. Ms. Gao earned her B.S. in Business from Indiana University majoring in finance.

Judith Ottensoser - Chief Operating Officer / Chief Financial Officer

Judith Ottensoser is the Chief Operating Officer and Chief Financial Officer of Rock Mountain Capital.  Judith is responsible for all finance, accounting, tax, compliance, technology, and operational areas of Rock Mountain Capital. 

Prior to RMC, Judith was the COO/CFO for GMF Capital, a real estate focused Private Equity firm, where she worked from 2015-2019.  Previously, Judith was a Managing Director, COO/CFO of the Distressed Debt Strategies Group at Napier Park Capital Partners, an entity formed as a 2013 spin-out from Citibank’s alternative investments platform. Judith had been a Managing Member of Epic Asset Management, which joined Citi in 2008.  Prior to that, she was an Investment Banking associate and analyst at Goldman Sachs & Co.

Judith holds a B.S. in Economics from the Wharton School, and a B.A. in International Relations from the University of Pennsylvania.

Stephane Siboni - operating advisor

Stephane Siboni is an Operating Advisor at Rock Mountain Capital and focuses on partnering with business owners and management teams to provide growth capital and strategic and operational advice, with a particular emphasis on the consumer goods and services sector. He is an expert in identifying unique business opportunities and developing growth and M&A strategies, and has significant expertise in customer insight and segmentation. Mr. Siboni currently serves on the board of directors of Dossier, WTF Beauty and Concrete Farm.

Mr. Siboni was previously the Co-Founder and CEO of Ardency Inn, an award-winning beauty brand, which was launched at Sephora in the U.S. and Canada. He was the recipient of a WWD Beauty Inc Award. Mr. Siboni possesses an array of strong relationships within the beauty industry accumulated over the years in the U.S. and international markets, including within product development labs, major retailers, distributors, creative agencies and the influencer community. Mr. Siboni also has first-hand experience building a direct to consumer e-commerce business. Prior to founding Ardency Inn, Mr. Siboni had extensive management consulting experience, having served as a Managing Director at Lexagon Group in New York and as a Principal at Boston Consulting Group in its New York office. Mr. Siboni was previously an Associate in the M&A group at Lehman Brothers in New York and an Analyst in Private Equity at PAI Partners.

 Mr. Siboni holds an MBA from Columbia Business School. Mr. Siboni has U.S. and French dual citizenship.

News

Spark Orthodontics Announces Acquisition Of Nashville-Based Cumberland Pediatric Dentistry & Orthodontics - 19 October 2021

New York — Spark Orthodontics, a leading orthodontic group practice with 10 offices in Pennsylvania, and in which Rock Mountain Capital holds a significant minority investment, today announced the acquisition of Cumberland Pediatric Dentistry & Orthodontics of Tennessee. Financial terms of the deal were not disclosed.

Cumberland’s eight offices in the Nashville, TN area will retain the Cumberland name and will roll up under Spark Orthodontics. Cumberland’s four founders, Brent Miller, DDS; Jennifer House, DMD; Jack Stalker, DDS; and Peter Wojtkiewicz, DMD, will become members of the Spark management team.

With this acquisition, Spark becomes a multi-specialty practice, covering the entire pediatric dental and orthodontic lifecycle, from 18 months of age through adulthood.

“What is most exciting about this acquisition is that we are significantly expanding the breadth of our practice and increasing the services we offer, while maintaining the high caliber of patient care for which we are known,” said Dr. Jason Hartman, founder, Spark Orthodontics. “Cumberland is best in class and its leadership team will bring new and complementary expertise to the Spark management team. We are looking forward to working together and learning from each other as we grow the company. As we enter a new market with this acquisition, we also continue to focus on our plans to expand in the Pennsylvania region and bordering states, and into new markets with the right partners.”

“We knew that we wanted to find the perfect partner and a company whose philosophy closely matched our own,” said Dr. Miller. “We are delighted to join the Spark team and believe we are getting in on the ground floor of something truly exciting. This is going to be a fast-moving train into the future and we are looking forward to working closely with the Spark and Rock Mountain Capital teams.”

“This acquisition positions Spark extremely well for continued expansion while maintaining focus on providing the excellent patient care and service that sets it apart,” said David Scharf, Managing Director, Rock Mountain Capital. “This acquisition will allow Spark to take pieces of what each business does best, leverage best practices and innovate, setting the company up for further growth in the pediatric dentistry space.”

In April 2021 Rock Mountain Capital announced a significant minority investment in Spark Orthodontics.

Spark Orthodontics

Spark Orthodontics was founded in 2010 by Dr. Jason M. Hartman, D.M.D., M.S. The practice is known for its innovative office designs and is widely recognized as a leader in orthodontics. Dr. Hartman received a Bachelor’s degree from Muhlenberg College, Magna Cum Laude; a D.M.D. from the University of Pennsylvania School of Dental Medicine; and an M.S. from the Columbia University College of Dental Medicine. He is a Certified Diplomate of the American Board of Orthodontics, a degree of recognized excellence. In 2012 Dr. Hartman was named One of America’s “Top 40 Dentists Under Age 40″ by Incisal Edge Magazine and has led Spark to the Inc 5000 list multiple times.

Rock Mountain Capital

Rock Mountain Capital is a private equity firm founded by industry veteran David Stonehill, who brings over 25 years of experience investing in and growing middle market companies. Rock Mountain focuses on working with entrepreneurs and management teams in the consumer goods & services, technology, media & telecom (TMT), and consumer-facing healthcare services sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up/consolidation strategies.

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Contact:

Abbe Serphos
aserphos@ppbcomms.com
917-699-9661

Rock Mountain Capital Announces Two Additions To Team. Judith Ottensoser Named Chief Operating Officer And Chief Financial Officer. Isabella Gao Joins the Firm as an Associate - 5 October 2021

New York, NY — Rock Mountain Capital (RMC) today announced that Judith Ottensoser has been appointed Chief Operating Officer and Chief Financial Officer, and Isabella Gao has been appointed an Associate, effective October 4.

Ms. Ottensoser will be responsible for all finance, accounting, tax, technology and operational areas of Rock Mountain Capital, together with David Stonehill, RMC’s Founder and Managing Partner. Ms. Gao will join the investment team and focus on transaction execution, portfolio management and deal origination.

In making the announcement, Mr. Stonehill said, “With three deals in the last 12 months, this is the right moment to enhance our infrastructure and expand our resources as we continue to grow. We have known Judith for over two decades and have seen first-hand the high level of professionalism and integrity with which she operates. While Judith has been working and consulting with RMC on a part-time basis, we are pleased to now bring her on formally as COO and CFO. We are also happy to welcome Isabella, who will be a valuable addition to our investment team.”

“Rock Mountain Capital is an entrepreneurial firm that has institutional background, pedigree and standards,” said Ms. Ottensoser. “The size and quality of the deals makes it exciting and hands-on, and I am looking forward to bringing my operational and financial experience to complement the firm’s deep expertise in middle market private equity.”

Previously, Ms. Ottensoser was the COO/CFO for GMF Capital, a real estate-focused private equity firm. Before that, she was a Managing Director, COO/CFO of the Distressed Debt Strategies Group at Napier Park Capital Partners, an entity formed as a 2013 spin-out from Citibank’s alternative investments platform. Ms. Ottensoser had been a Managing Member of Epic Asset Management, which joined Citi in 2008.  Prior to that, she was an Investment Banking associate and analyst at Goldman Sachs & Co. Ms. Ottensoser holds a B.S. in Economics from the Wharton School, and a B.A. in International Relations from the University of Pennsylvania.

Ms. Gao joins RMC from Solomon Partners where she was an Investment Banking Analyst since 2020. From 2018 to 2020 Ms. Gao was an Investment Banking Analyst – Global Healthcare Group with Jefferies LLC. She received a B.S. in Business from Indiana University.

In the past 12 months Rock Mountain Capital has announced the purchase of a majority stake in VCM Products (May 2021), a significant minority investment in Spark Orthodontics (April 2021) and a significant minority investment in GeoLinks (October 2020), all in partnership with entrepreneurial founders. The firm has also made opportunistic investments in Zero G Corporation and Brand House Wine & Spirits.

Rock Mountain Capital
Rock Mountain Capital is a private equity firm founded by industry veteran David Stonehill, who brings over 25 years of experience investing in and growing middle market companies. Rock Mountain focuses on working with entrepreneurs and management teams in the consumer goods & services, technology, media & telecom (TMT), and consumer-facing healthcare services sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up/consolidation strategies.

Contact:
Abbe Serphos
aserphos@ppbcomms.com
917-699-9661

SOURCE Rock Mountain Capital

Rock Mountain Capital Buys Majority Stake in VCM Products, Owner of BuggyBeds® Brand - 4 May 2021

New York, NY — Rock Mountain Capital (RMC) today announced that it has purchased a majority share of VCM Products, LLC (VCM), owner of the BuggyBeds® trademark and highly acclaimed line of natural pest repellent, bed bug glue trap and bedding encasement products. VCM founders Maria Curcio and Veronica Perlongo will remain significant minority owners of the company and active with the business. Financial terms of the deal were not disclosed.

VCM was founded in 2011 and has built long-standing relationships with leading national retailers and distribution of more than twenty BuggyBeds® products in over 20,000 stores and online. BuggyBeds®’ unique products are chemical-free and received the Parent Tested, Parent Approved (PTPA) seal of approval.

“We have been very impressed with the founders of VCM and the BuggyBeds® business they have built over the past 10 years. Their focus on building on what they call ‘peace of mind’ products has filled a hole in a category that has historically seen little product innovation. Now our plans include investing in growth, supporting our retail partners, expanding the product line, and increasing the distribution and availability of our products,” said David Stonehill, founder and managing partner, Rock Mountain Capital.

“It’s very exciting to have a committed private equity company with the track record Rock Mountain Capital has to bring the BuggyBeds® brand to the next level. The company has grown from its first $10,000 purchase order to a multi-million dollar business, which is a testament to consumers’ loyalty to the brand,” Ms. Curcio and Ms. Perlongo commented. “We are excited that Rock Mountain Capital is committed to growing these relationships with innovative and category leading products. We found a really great private equity partner that is in alignment with VCM’s goals for growth.”

In 2012 the founders of VCM appeared on the television show “Shark Tank” and made history as the first company to receive offers from all of the sharks, which the founders subsequently declined.

“We look forward to working closely with founders Maria and Veronica, who we know will continue to be great stewards for the business going forward,” said David Scharf, Managing Director, Rock Mountain Capital.

With the VCM Products investment, Rock Mountain Capital has closed a deal in each of its target sectors in the past six months in partnership with entrepreneurial founders. In October 2020 RMC announced a significant minority investment in GeoLinks and in April 2021 announced a significant minority investment in Spark Orthodontics.

About Rock Mountain Capital 
Rock Mountain Capital is a private equity firm founded by industry veteran David Stonehill, who brings over 20 years of experience investing in and growing middle market companies. Rock Mountain focuses on working with entrepreneurs and management teams in the consumer goods & services, technology, media & telecom (TMT), and consumer-facing healthcare services sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up/consolidation strategies.

About VCM Products
VCM Products manufactures and distributes patented natural pest repellent, glue trap and encasement products under the BuggyBeds® brand. BuggyBeds® products are sold nationally at major retailers and online. The company, headquartered in Freehold, N.J., was founded in 2011 and featured in a 2012 episode of “Shark Tank.”

Contact:
Abbe Serphos
aserphos@ppbcomms.com
917-699-9661

SOURCE: Rock Mountain Capital

Related Links

https://rockmountaincapital.com/

Rock Mountain Capital Announces Significant Minority Investment in Spark Orthodontics - 21 April 2021

New York, NY — Rock Mountain Capital (RMC) today announced that it has made a significant minority investment in Spark Orthodontics (Spark), a specialty orthodontics platform with 10 locations in rural/suburban Pennsylvania. The investment will support the company’s growth strategy focused on acquiring additional practices and locations in Pennsylvania and in new markets. Financial terms of the deal were not disclosed.

Spark was founded in 2010 by Dr. Jason Hartman, D.M.D., M.S. and the award-winning practice has served tens of thousands of patients since opening its doors. Spark is widely recognized as a leader in orthodontics. The company has grown to 10 locations through a mix of acquisitions and new office openings.

“We have been extremely impressed by Dr. Hartman and the business he has built, and are excited to partner with him to support his growth strategy for Spark Orthodontics,” said David Stonehill, Founder and Managing Partner of Rock Mountain Capital. “RMC brings extensive experience in working with entrepreneurs, particularly with multi-site healthcare/consumer services roll-up platforms, which we will leverage as we execute on our shared vision.”

“Since the beginning our mission has been to change lives, support our communities and make treatment fun for our patients. Rock Mountain Capital’s expertise will be invaluable as we work together to provide high-quality orthodontic care to new markets,” said Dr. Jason Hartman, Founder and CEO, Spark Orthodontics.

“Spark has demonstrated its expertise in bringing best-in-class orthodontic care to patients using advanced technologies and in creating innovative office designs while maintaining a meaningful commitment to the communities they serve,” said David Scharf, Managing Director, Rock Mountain Capital. “We look forward to working together with Dr. Hartman, and with Jennifer Hartman, Chief Operating Officer, to build on this success.”

About Rock Mountain Capital Rock Mountain Capital is a private equity firm founded by industry veteran David Stonehill, who brings over 20 years of experience investing in and growing middle market companies. Rock Mountain focuses on working with entrepreneurs and management teams in the consumer goods & services, technology, media & telecom (TMT), and consumer-facing healthcare services sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up/consolidation strategies.

About Spark Orthodontics Spark Orthodontics was founded in 2010 by Dr. Jason M. Hartman, D.M.D., M.S. With 10 locations in Pennsylvania, the practice is known for its innovative office designs and is widely recognized as a leader in orthodontics. Dr. Hartman received a Bachelor’s degree from Muhlenberg College, Magna Cum Laude; a D.M.D. from the University of Pennsylvania School of Dental Medicine; and an M.S. from the Columbia University College of Dental Medicine. He was named a Certified Diplomate of the American Board of Orthodontics, a degree of recognized excellence. In 2012 Dr. Hartman was named One of America’s “Top 40 Dentists Under Age 40″ by Incisal Edge Magazine. Spark Orthodontics has locations in Reading, Camp Hill, Harrisburg, Bethlehem, Schnecksville, Pottsville, Lancaster, York, West Hazleton and Danville, Pa.

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Contact:

Abbe Serphos aserphos@ppbcomms.com

917-699-9661

California’s Fastest Growing Telecom Company Raises Private Equity Funding from Group Led By Rock Mountain Capital - 27 October 2020

Camarillo, CA – GeoLinks, the fastest growing telecommunications company in California, today announced it has secured a significant minority investment from a group led by Rock Mountain Capital (RMC). The investment will power GeoLinks’ accelerated network expansion plans, amplify funding for strategic acquisitions and streamline internal growth and operations. 

 “GeoLinks launched with the goal of disrupting a multibillion-dollar telecom industry,” said GeoLinks Co-Founder and CEO, Skyler Ditchfield. “We’ve done that by operationalizing a simple, yet profound idea – do everything better and treat your customer how you would like to be treated.  Through strategic network growth, technological innovation and unwavering dedication, we’ve continued to deliver highspeed connectivity to more businesses,  schools, libraries, hospitals and households throughout California and Nevada every day. Partnering with a premier team from Rock Mountain Capital allows us to scale our growth while reaching more customers in our coverage area and continuing to grow our network.”

“As the largest winner of Connect America Fund II programs in California, and with its cutting-edge fixed wireless technology, GeoLinks is poised for exciting growth over the next decade to meet increased demand for universal high-speed broadband access,” said

David Stonehill, Founder and Managing Partner of Rock Mountain Capital. “Skyler Ditchfield and the management team at GeoLinks have an outstanding track record building and operating high-speed, high-quality broadband networks throughout California. With RMC’s support, we are confident the GeoLinks team will continue its technological innovation, stellar customer service and rapid rate of organic growth, and will serve as a platform for potential industry consolidation.”

The investment comes at a time when the company is in the process of deploying its revolutionary ClearFiber+ technology across one of the fastest growing fixed wireless networks in the nation. Capable of connecting businesses and anchors institutions to multigigabit networks in less than 10 days, GeoLinks owns exclusive rights to utilize the technology platform in key spectrum bands throughout the United States. Together with its recent acquisition of network assets and 5G spectrum licenses from TPx Communications, GeoLinks owns the largest coverage area of any single provider in California. Combined with its existing position as one of the fastest growing private companies in America, the company is poised for exponential growth over the next year. 

Bank Street Group served as exclusive financial advisor to GeoLinks in connection with this transaction.

For more information on GeoLinks, including new product launches and strategic initiatives, please visit www.GeoLinks.com. For more information on Rock Mountain Capital, please visit www.RockMountainCapital.com. 

For media inquiries involving GeoLinks, please contact Ben Gallagher at bgallagher@geolinks.com or (805) 276-8322. For inquiries involving Rock Mountain Capital, please contact Abbe Serphos at aserphos@ppbcomms.com or (917) 699-9661.  

About Rock Mountain Capital 

Rock Mountain Capital works with entrepreneurs and management teams in the consumer goods & services, leisure & entertainment, and technology, media & telecom (TMT) sectors to accelerate organizational development, execute on organic growth opportunities and pursue strategic M&A and roll-up / consolidation strategies. Rock Mountain invests capital that matches its investment mandate – patient, long-term capital sourced from family offices of successful entrepreneurs, and other like-minded institutional investors. Rock Mountain was founded in 2019 by private equity industry veterans who bring over 30 years of experience investing in and growing middle market companies.

About GeoLinks 

Headquartered in Southern California, GeoLinks is a leading telecommunications company and competitive local exchange carrier (CLEC) public utility, nationally recognized for its innovative Internet and Hosted Voice solutions. Ranked on Inc. Magazine’s Inc. 5000 Fastest Growing Companies in America three-years running, GeoLinks delivers Enterprise-Grade Internet, Digital Voice, SD-WAN, Cloud On-ramping, Layer 2 Transport, and both Public and Private Turnkey Network Construction expertly tailored for businesses and Anchor Institutions nationwide.

info@rockmountaincapital.com