We advised Amberjack on the partnership with Grafine

Davis Polk advised Amberjack Capital Partners in connection with a strategic partnership with Grafine Partners, a specialized investment firm that seeds and co-invests alongside emerging private equity managers with deep sector expertise and proven track records.

Amberjack, headquartered in Houston and run by Managing Partner Jason Turowsky, is a private equity firm that makes control investments in lower-middle-market businesses within the infrastructure and industrial services and waste and environmental services sectors. Amberjack partners with entrepreneurs, managers, and business owners – typically as the first institutional capital provider – bringing company-building expertise to drive growth and long-term value creation. The firm focuses on building institutional-quality companies by providing strategic capital, enhancing operational efficiency, implementing governance best practices and strengthening leadership teams.

Grafine Partners, founded by Elizabeth Weymouth, is an alternative investment management firm created to meet the needs of sophisticated institutional investors seeking innovative approaches to invest private capital with a focus on alignment of incentives. Grafine’s differentiated focus allows it to source unique investment opportunities and execute on direct deals across a range of industry sectors, geographies and capital structures that align with the evolving needs of its institutional investor network.

The Davis Polk corporate team included partner Leor Landa, counsel Michael W. Brasher and associates June (Juyeon) Han, Imad Rizkallah, Rosina Curren and Felipe Munoz. Partner Ethan R. Goldman and associate Carter Ballentine Allison provided tax advice. All members of the Davis Polk team are based in the New York office.