Ridgemont Equity Partners is a private equity firm focused on making investments in middle-market companies in the U.S. within certain industries such as basic industrial, energy, healthcare, telecommunications, media and technology. The firm focuses on equity investments up to US$250 million.
Prior to forming Ridgemont in 2010, the team previously had been known as BAML Capital Partners, and prior to that Bank of America Capital Investors. Since 1993, Ridgemont and its predecessors have invested over US$4.4 billion of equity capital.
Ridgemont Equity Partners completed a spinout from Bank of America in 2010, prior to which it was known as BAML Capital Partners. In turn, BAML Capital Partners traced its roots back to 1993 with the formation of Bank of America Capital Investors.
From 2009 through 2010, BAML Capital Partners was the private equity and mezzanine investment unit of Bank of America Merrill Lynch. BAML Capital Partners was formed in 2009 following the merger of Bank of America and Merrill Lynch from the combination of each bank's respective private equity units: Bank of America Capital Investors (BACI) and Merrill Lynch Global Private Equity (MLGPE).
Following the acquisition of Merrill Lynch by Bank of America, MLGPE ceased making new investments. Bank of America Capital Investors, a private equity division of Bank of America, has historically made much smaller investments than MLGPE. The two units were integrated in early 2009 with the elimination of much of the MLGPE team.[1]
The firm, which is based in New York City, was founded in 1996. Since inception, MLGPE has invested more than US$5 billion of capital across more 30 companies.