Frontenac Receives 2024 Top Private Equity Innovator Award

Frontenac, a Chicago-based private equity firm focused on lower middle market buyout transactions, announced today that it received a 2024 Top Private Equity Innovator Award from BluWave for the second year in a row. BluWave’s annual Top Private Equity Innovator Awards recognizes the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices.

The Top Private Equity Innovator awardees were selected by a cross-functional committee that assessed candidates in consultation with a broad universe of limited partners, investment bankers, industry thought leaders and service providers in the private equity ecosystem. As part of their selection process, the committee evaluated more than 5,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points.

“The 2024 top private equity innovators are providing differential leadership in the world of business,” said Sean Mooney, founder and CEO of BluWave. “Their innovative practices are strengthening companies, creating jobs and catalyzing a rebound in our economy.”

The Top Private Equity Innovator Awards are distinctive in that they involve no financial obligations from any participants and the selection process is independent of any customer relationships. For complete information on the BluWave 2024 Private Equity Innovator Awards and the recipients, please visit www.bluwave.net/awards/.

About Frontenac
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST™, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50+ years, Frontenac has built a franchise working with over 300 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.

About BluWave
BluWave is the Business Builders’ Network for private equity-grade service provider needs. The company’s platform combines AI, technology and data with concierge-like consultative support to expertly connect businesses with proven providers across due diligence, value creation and prep for sale. The BluWave Vetted™ network is an invite-only ecosystem of top-tier service-providing groups and individuals. Based in Nashville, Tenn., BluWave ranks as one of America’s fastest-growing companies and today serves hundreds of leading private equity firms and their thousands of portfolio companies. For more information, please visit www.bluwave.net.

Disclaimer
BluWave’s “Top 50 Private Equity Innovator” award is a program designed by BluWave consulting firm to recognize what it considers to be the top 2% of private equity firms for proactive due diligence practices, transformative value creation, modern private equity firm operations and corporate citizenship. Recipients were selected based on consultation with limited partners, investment bankers and others in the private equity industry. The award is based on BluWave’s review of the more than 5,000 private equity firms in the U.S. and Canada from which 69 private equity firms were selected as award recipients in 2023 and 82 private equity firms were selected as award recipients in 2024. BluWave, LP has not received investment capital from and holds no ownership interest in the private equity firms evaluated or recognized under the Top Private Equity Innovator awards program. Frontenac did not pay a fee to receive this award but is a client of BluWave. This award is not to be construed as indicative of Frontenac’s future performance. Reference to an award is only one piece of information relevant to an evaluation of an investment adviser such as Frontenac and additional factors are available. Finally, this award represents information as of a specific date and time and may not reflect important information related to an evaluation of the investment adviser which has occurred prior to, or subsequent to, the award. Frontenac is not affiliated with BluWave. Frontenac received this award in 2023 and 2024.