Overview
CenterGate Capital, L.P. (“CenterGate”) is a private equity firm that specializes in lower middle market
companies. CenterGate was founded in 2014. The principal owners of CenterGate are Tiffany Kosch
and Lewis Schoenwetter.
CenterGate primarily provides investment advisory services to private investment funds that principally
seek investment opportunities in private lower-middle market companies engaged in business and
industrial services, manufacturing, and consumer sectors and that are located primarily in the United
States. The CenterGate Funds provide capital through a variety of transaction types including
consolidations, public to private transactions, and corporate divestitures through various transaction
structures including buyouts, recapitalizations, and restructurings.
CenterGate provides the services described above to its advisory clients, which are private investment
funds (collectively, the “CenterGate Funds”). Generally, a related person of CenterGate acts as the
general partner of (or other equivalent control position for) each CenterGate Fund, and CenterGate
serves as investment adviser to each CenterGate Fund. References to CenterGate in this Brochure
include, as the context requires, affiliates through which CenterGate provides investment advisory
services or that act in any capacity referenced in the previous sentence.
CenterGate tailors its advisory services to the specific investment objectives and restrictions of each
CenterGate Fund set forth in such CenterGate Fund’s limited
partnership agreement (or similar
governing agreement) and investment management agreement, as applicable. Investors and prospective
investors of each CenterGate Fund should refer to the confidential private placement memorandum,
limited partnership agreement (or similar governing agreement), investment management agreement
and/or other governing documents, as applicable (collectively, the “Governing Documents”) of the
applicable CenterGate Fund for complete information on the investment objectives and investment
restrictions with respect to such CenterGate Fund. There is no assurance that any of the CenterGate
Funds’ investment objectives will be achieved.
In accordance with common industry practice, one or more of the CenterGate Funds and/or their general
partners may enter into “side letters” or similar agreements with certain investors pursuant to which the
general partner grants the investor specific rights, benefits, or privileges that are not made available to
investors generally. Such “side letters” or similar agreements generally are disclosed only to investors
in the applicable Fund that have separately negotiated with CenterGate for the right to review such “side
letters” or similar agreements.
CenterGate does not participate in any wrap fee programs.
CenterGate manages all assets on a discretionary basis in accordance with the terms and conditions of
each CenterGate Fund’s Governing Documents. As of December 31, 2023, the amount of assets
CenterGate manages on a discretionary basis is $864,354,630.