Jay Gates Managing Partner and Founder Jay Gates began his private equity career in 1994 when he joined Charterhouse Group Inc., a New York based middle market private equity firm founded in 1973. Over the last two decades, Jay has invested in a broad range of industries including waste and facilities services, logistics, business process outsourcing, healthcare services, general consumer products, cable TV, wireless towers and specialty distribution. He has an extensive network of intermediary, investment banker, broker, advisor and entrepreneur relationships that has been developed over his career. He formed Townhill Capital Partners LLC, an independent private equity sponsor to focus on acquiring platform companies in his areas of his expertise that generate between $1 million and $10 million of EBITDA. Jay has led numerous successful platform and add on investments and was a member of the Charterhouse Investment Committee that oversaw a diverse portfolio of Business Services, Healthcare Services, and Consumer companies. Transactions have included MPTotalCare Inc., Oakleaf Waste Management Inc., LogistiCare Inc., Towne Air Cargo Inc., Harvard Custom Manufacturing LLC. and AAT Communications. Add on acquisitions for portfolio companies have included DS Medical Inc, Express Med Inc., APlus Inc., Gericare Provider Inc., Greenleaf Inc., IEM Inc., and Synergy Logistics Inc. Investments have taken many forms including traditional buy-outs, builds-ups and growth capital infusions. Value creation has been has been achieved through a combination of identifying companies with strong organic growth, strategic add-on acquisitions, operational enhancements and the conservative use of leverage From 1992 to 1994, prior to joining Charterhouse, Jay was a member of the Corporate Advisory Services Group at Arthur Andersen in New York City. While at Arthur Andersen, he worked on corporate restructuring, bankruptcy and M&A transactions in the travel, fashion, printing, and consumer products sectors. Jay started his career in 1987 at Bankers Trust Company in New York City where he was an Assistant Treasurer in the Bank’s Government and Municipal Bond Services Group. He holds an M.B.A. in finance from New York University, Leonard N. Stern School of Business (1992) and a B.A. in Economics from the State University of New York at Binghamton (1987). Current Directorships: FrontStreet Managment Group, LLC, FrontStreet Facility Solutions Inc., RiverRoad Waste Solutions Inc. Previous Directorship: Oakleaf Waste Management Inc, LogistiCare Inc, MPTotalCare Inc., Harvard Custom Manufacturing LLC., Towne Air Cargo, Inc.

Jay Gates

Managing Partner and Founder

Jay Gates began his private equity career in 1994 when he joined Charterhouse Group Inc., a New York based middle market private equity firm founded in 1973. Over the last two decades, Jay has invested in a broad range of industries including waste and facilities services, logistics, business process outsourcing, healthcare services, general consumer products, cable TV, wireless towers and specialty distribution. He has an extensive network of intermediary, investment banker, broker, advisor and entrepreneur relationships that has been developed over his career. He formed Townhill Capital Partners LLC, an independent private equity sponsor to focus on acquiring platform companies in his areas of his expertise that generate between $1 million and $10 million of EBITDA.

Jay has led numerous successful platform and add on investments and was a member of the Charterhouse Investment Committee that oversaw a diverse portfolio of Business Services, Healthcare Services, and Consumer companies. Transactions have included MPTotalCare Inc., Oakleaf Waste Management Inc., LogistiCare Inc., Towne Air Cargo Inc., Harvard Custom Manufacturing LLC. and AAT Communications. Add on acquisitions for portfolio companies have included DS Medical Inc, Express Med Inc., APlus Inc., Gericare Provider Inc., Greenleaf Inc., IEM Inc., and Synergy Logistics Inc. Investments have taken many forms including traditional buy-outs, builds-ups and growth capital infusions. Value creation has been has been achieved through a combination of identifying companies with strong organic growth, strategic add-on acquisitions, operational enhancements and the conservative use of leverage

From 1992 to 1994, prior to joining Charterhouse, Jay was a member of the Corporate Advisory Services Group at Arthur Andersen in New York City. While at Arthur Andersen, he worked on corporate restructuring, bankruptcy and M&A transactions in the travel, fashion, printing, and consumer products sectors. Jay started his career in 1987 at Bankers Trust Company in New York City where he was an Assistant Treasurer in the Bank’s Government and Municipal Bond Services Group.

He holds an M.B.A. in finance from New York University, Leonard N. Stern School of Business (1992) and a B.A. in Economics from the State University of New York at Binghamton (1987).

Current Directorships:

FrontStreet Managment Group, LLC, FrontStreet Facility Solutions Inc., RiverRoad Waste Solutions Inc.

Previous Directorship:

Oakleaf Waste Management Inc, LogistiCare Inc, MPTotalCare Inc., Harvard Custom Manufacturing LLC., Towne Air Cargo, Inc.