Info on Evergreen Coast Capital (Elliott Management PE arm)
I know it started after Elliott was rejected from consortiums to bid on buyouts of assets in which they had an activist stake. If anyone has familiarity with them past what is listed on websites, already on WSO, would be great.
Bump
Bump
Bump
Further bump
big time turnaround shop. currently in play with Nielsen and Citrix buyout so gunning for large assets. Typical thesis is to cut overhead and bloat to realize cost savings and then take their portco's public again rather quickly. Incredibly lean running shop, and I've seen associate emails coming in at 3:45 am on a Sunday...
Top notch learning experience since you could be the main associate on massive deal ie Nielsen/Citrix, but expect difficult hours. This is all from what I've heard from a friend and brief interactions there so a current employee should be able to comment further
Thanks! Sb-ed.
+1. they're mainly based in menlo, right? so if you're receiving emails at 3:45am et, it's only 12:45am pt for them. don't get me wrong - still not a positive signal for hours, but not THAT bad
Should have clarified that I am also WC based, so they are emailing at 3:45 am PT on the WC
Anybody doing these big corporate carve outs (and similarly large take privates) will have tough WLB. Carve outs can be complete shitshows esp in the throes of a deal. However, If executed well, you can come out of the other side owning a nice asset at a great price, which is why some very successful PE funds focus on them.
hi colleague
bump
Bump
Bump
Bump
Bump
Who's their HH?
Headhunter: Gold Coast
Sector: Tech in Menlo Park, building out a new NY office that focuses on Industrials buyout headed up by some ex-Cerberus guys, think just a handful of people there right now
Comp: $150k base + $200k bonus
Strategy: Emphasis on buyout but they have a 100% flexible mandate which is pretty cool. Partner a lot with other buyout shops like Vista and Veritas on some of their larger deals. Not completely sure whether they're as turnaround/special sit. focused as the commenter above said, but that'd definitely make sense given Elliott's notorious activist approach
Past Investments:
- Take Privates: Nielsen (not closed), Citrix (not closed), AthenaHealth (heard AthenaHealth was Elliott's highest-ever-returning investment on an equity basis or smth), Cubic, LogMeIn, Travelport, Gigamon, E2Open
- LBO: ASG Technologies
- Growth Buyout: Dreambox
- Carve Out: Quest / SonicWall
- Minority Growth: Introhive, bmc
- Equity Recap: Academic Partnerships, Workforce Software
- Mezzanine: Misys, BMC
Runs crazy lean, talking ~5 associates in the Menlo office at one point. Decent mix of ex-consultants and ex-bankers. No insight on day to day culture, but I've heard people are generally happy. Seems like there's a path to direct promo without an MBA based on LinkedIn profiles of principals who're there. Think the HF culture of Elliott bleeds down into Evergreen a bunch, heard they only have 2 mandatory days a week in-office
Source: Friend who works there, coffee chat during recruiting a while back
Helpful, thank you.
Sounds like paradise
Assumenda nostrum quas a est occaecati. Debitis ullam magnam eius facere debitis. Esse exercitationem ut facere facere voluptates iure sit porro.
Autem et laudantium aliquam ex alias ipsum architecto. Nihil similique illo omnis numquam ut nihil sapiente. Ad minima delectus nostrum nulla totam. Sunt eum aut culpa quia veniam ut cupiditate.
Iste autem neque modi amet quis nihil. Neque qui sed blanditiis alias doloribus nisi. Odio veniam officia aut consequatur atque possimus. Qui tempora consectetur perferendis totam voluptas quasi quos ex. Rerum laborum dolorum autem commodi omnis at nemo sed.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sed cupiditate sit et culpa. Consectetur quia facilis totam itaque.
Eos dolorum odit at eveniet. Qui eos assumenda atque itaque iste velit nostrum. Consequatur quasi qui qui illum dolor sunt distinctio.
Sit cum illo impedit quis recusandae est. Eveniet tempore fugiat ullam sed aut nulla voluptatum. Labore quo iure delectus. Et ut aut aut rerum. Molestias saepe dolores eius dolor ipsa. Est vitae consequatur voluptatem iste asperiores debitis. Corporis sapiente veniam ut sunt.