Ropes & Gray advised Altamont Capital Partners in the transaction.
Altamont Capital Partners completed its investment in Kinetic Advantage, a newly formed auto floorplan financing company. The transaction was announced on Jan. 18.
Kinetic Advantage was formed in 2005 to provide a better floorplan experience to independent auto dealers by streamlining the customer experience, increasing flexibility and offering increased transparency around fees, all enabled by a market-leading technology platform.
Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $2.75 billion of assets under management.
The Ropes & Gray team that advised Altamont Capital Partners was led by private equity partner Howard Glazer (San Francisco; Picture), and included employment, executive compensation & benefits partner Jennifer Cormier (Boston), tax partners Amanda Holt (Boston) and Benjamin Rogers (San Francisco), and private equity associate Walton Dumas (San Francisco).
Involved fees earner: Jennifer Cormier – Ropes & Gray; Frederick Walton Dumas – Ropes & Gray; Howard Glazer – Ropes & Gray; Amanda Holt – Ropes & Gray; Benjamin Rogers – Ropes & Gray;
Law Firms: Ropes & Gray;
Clients: Altamont Capital Partners;