Flagship Private Equity
Our Flagship Private Equity team has honed a consistent strategy while working together for many years. We harness decades of industry insights and a data-driven approach to develop a differentiated conviction around each investment opportunity. This experience enables us to embrace dynamic opportunities, uncover hidden value and thoughtfully pursue contrarian themes within our target sectors. We bring robust industry knowledge and operational resources to help management teams accelerate growth, and a flexible approach to the structure of each investment.
Raised Across Flagship Funds
Portfolio Companies
Investment Professionals
Figures as of 6/30/25. Capital raised includes all fund vehicles. Investment team includes Capital Markets.
Focus
Charlesbank’s Flagship team has a 27-year track record of making successful private equity investments in the middle market, while carefully controlling risk. Operating as specialized sector teams, we pursue attractive opportunities in areas where we have extensive industry expertise. Our strategy focuses on partnering with management teams to accelerate strategic initiatives that drive organic growth and acquisitive consolidation.
Transaction Types
We invest across a range of transaction types. Typical investment candidates include:
- Investments to facilitate growth
- First- or second-time institutional capital
- Founder-led businesses
- Corporate carve-outs
- Partnership conversions
- Executive-led greenfield platforms
- Transactions involving complexity or structural creativity
Target Sectors
Our deep specialization in these sectors allows us to leverage experience and insights to find key opportunities:
- Business & Consumer Services
- Healthcare
- Industrial
- Technology & Tech Infrastructure
Typically control transactions
Open to significant minority investments
$150M-$3B target enterprise value
![Photo of Drew Appleman]()
Drew Appleman
Senior Vice President![Photo of Samuel Bekenstein]()
Samuel Bekenstein
Principal![Photo of Gabriela Bowman]()
Gabriela Bowman
Senior Associate![Photo of Zach Brand]()
Zach Brand
Senior Associate![]()
Mete Bulbul
Analyst![Photo of J.Ryan Carroll]()
J. Ryan Carroll
Managing Director![Picture of Michael Choe]()
Michael Choe
Managing Director, Chief Executive Officer and Co-Head, Flagship![Photo of Danielle Cosentino]()
Danielle Cosentino
Senior Vice President![Photo of Sheldon Deng]()
Sheldon Deng
Associate![]()
Benjamin Dorph
Associate![Photo of Bert Duarte]()
Bert Duarte
Managing Director![Photo of Caleb Esrig]()
Caleb Esrig
Senior Associate![]()
Julia Frangioni
Associate, Capital Markets![Photo of Spencer Friske]()
Spencer Friske
Vice President![]()
Jonathan Garzon
Associate![Photo of Jesse Ge]()
Jesse Ge
Principal![]()
Armon Ghodoussi
Associate![]()
Adit Goel
Analyst![]()
Hunter Grist
Associate![Photo of Alan Gu]()
Alan Gu
Senior Associate![]()
Michelle He
Associate![Photo of Fay Huo]()
Fay Huo
Senior Associate![Photo of Andrew Jackman]()
Andrew Jackman
Vice President![Photo of Matthew E. Jacobson]()
Matthew E. Jacobson
Senior Associate![Photo of Andrew Janower]()
Andrew Janower
Managing Director![Josh Jaspers headshot]()
Josh Jaspers
Vice President![Photo of David Katz]()
David Katz
Managing Director![]()
Holden Kenedy
Associate![Photo of Nicole King]()
Nicole King
Vice President![Photo of Joshua Klevens]()
Joshua Klevens
Managing Director and Chief Operating Officer![Photo of Brandon Lapensohn]()
Brandon Lapensohn
Vice President, Capital Markets![]()
Nicholas Lee
Analyst![Photo of Stephanie Lee]()
Stephanie Lee
Vice President![Photo of Jake Lippe]()
Jake Lippe
Vice President![]()
Zachary Lu
Analyst![]()
Jenna Macrae
Analyst![Photo of Molly Manuel]()
Molly Manuel
Vice President, Capital Markets![]()
John Marando
Associate![]()
Jared Markel
Associate![Photo of Michael McGuire]()
Michael McGuire
Principal![Photo of Scott Miller]()
Scott Miller
Associate![]()
Anastasia Nikolaeva
Analyst![]()
Anders Ode
Associate![Photo of Brian Pegno]()
Brian Pegno
Vice President![Photo of Jared Pomerance]()
Jared Pomerance
Principal![Photo of Caitlin Riederer]()
Caitlin Riederer
Senior Vice President![Photo of Mutian Rui]()
Mutian Rui
Principal![]()
Lilly Schlamp
Analyst![]()
Chris Sedlacek
Associate![Photo of Emily Sun]()
Emily Sun
Associate![Photo of Karan Talreja]()
Karan Talreja
Vice President![Photo of Caelin Tran]()
Caelin Tran
Vice President![Photo of Dan Trunzo]()
Dan Trunzo
Vice President![]()
Lara Valt
Associate![Photo of Pedro Vaz]()
Pedro Vaz
Managing Director![Photo of Brandon White]()
Brandon White
Managing Director and Co-Head, Flagship![Photo of Carolyn Wintner]()
Carolyn Wintner
Managing Director and Head of Capital Markets![Photo of Nicolas Xu]()
Nicolas Xu
Senior Associate![]()
Susan Zhang
Associate![]()
James Zhang
Associate![]()
Kendra Zhang
Associate
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Access Medical Clinic
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Accordion
Financial consulting and analytics
Current
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Action Behavior Centers
Personalized autism therapy
Current
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American Residential Services
HVAC and plumbing services
Current
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American Tire Distributors
Wholesale tire distribution
Realized
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Animal Health International
Animal health products
Realized
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Aprio
Accounting and advisory firm
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Aptean
Vertical-focused ERP solution provider
Current
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Aurora Organic Dairy
Producer of organic milk
Realized
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Bankruptcy Management Solutions
Bankruptcy Services
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Bell Automotive
Automotive convenience accessories
Realized
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Bell Sports
Sporting goods
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Blacksmith Brands
OTC consumer products
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BOX Partners
Packaging and shipping supplies
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Bridgepointe Technologies
IT channel platform
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Bridges Consumer Healthcare
OTC healthcare products
Current
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Catlin
Property & casualty insurance
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CCMC
Homeowners association manager
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Cedar Creek
Wholesale building materials distribution
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CIFC
Credit asset management
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Citadel Plastics
Plastics composite compounds
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City Brewing
Beverage contract manufacturer
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CSI Leasing
Computer equipment leasing
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Del Taco
Quick service restaurants
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Empire Today
Residential flooring solutions
Current
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Ensono
IT outsourcing
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EverDriven
Alternative transportation services
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FULLBEAUTY Brands
Fashion retailer for plus-size consumers
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Galls
Public safety uniforms and equipment
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GrayWolf
Services to mechanical industries
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GSI
Agricultural equipment
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HDT Global
Engineered military solutions
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Hearthside Food Solutions
Food contract manufacturer
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Ivanti
IT infrastructure automation solutions
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Lido Advisors
Wealth management services
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MB2 Dental
Dental partnership organization
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MDVIP
Membership-based healthcare
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Montpelier RE
Property catastrophe insurance
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MyEyeDr.
Optical retailer
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National Surgical Hospitals
Short-stay surgical hospitals
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Neptune Retail Solutions
Shopper marketing solutions
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OnCore Manufacturing
Electronics manufacturing services
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Papa Murphy's
"Take and bake" pizza stores
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Park Place Technologies
IT services and consulting
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Peacock Foods
Food industry packaging solutions
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Perspective Financial Group
Personal financial management
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Petra Funds Group
Fund administration services
- Case Study
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Plaskolite
Acrylic sheet manufacturer
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Polyconcept
Distributor of custom-branded products
Current
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Princeton Review
Test preparation and college counseling
Realized
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QC Supply
Farm and livestock supplies
Realized
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REEF
Beach inspired footwear
Current
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Rise Growth Partners
Synergistic partner to RIAs
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Salus GRC
Compliance consulting for funds
Current
![Find logo w/out background]()
Shoppers Drug Mart
Drugstores
Realized
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Six Degrees
Integrated managed data services
Current
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Sound United
Audio systems and vehicle security
Realized
![Symplr logo]()
Symplr
Healthcare IT software
Current
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Technisource
Information technology staffing
Realized
![Tecomet logo]()
Tecomet
Medical device contract manufacturing
Current
- Case Study
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TLC Vision
Eye-care services
Realized
![Trojan battery logo]()
Trojan Battery Company
Deep-cycle battery manufacturing
Realized
![United road logo]()
United Road Services
Vehicle transport and logistics services
Realized
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Universal Technical Institute
Automotive technician education
Realized
![Varsity Brand logo]()
Varsity Brands
Athletic and achievement brands
Realized
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Velocity One
Aerospace and defense solutions
Current
![Vestcom logo]()
Vestcom
Shelf-edge marketing solutions
Realized
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Wayfair
Online home goods retailer
Realized
- Case Study
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World Insurance Associates
Full-service insurance brokerage
Current
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WorldStrides
Educational student travel
Realized
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Zayo Group
Telecom
Realized
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Zenith Products
Bathroom storage products
Realized




































































































































