Frontenac recapitalizes Portfolio Group
December 31, 2012
Frontenac has completed the recapitalization of Portfolio Group in partnership with founding owners and management and CEO1ST partner Tom Dattilo, who will serve as Chairman. Portfolio Group is a leading provider of outsourced financial services to automobile dealerships, specializing in aftermarket, extended warranty and vehicle service contract programs. This represents the first investment in Frontenac’s 10th investment fund, Frontenac X Private Capital Limited Partnership, a fund formed in 2012.