Ropes & Gray Advises Altamont Capital Partners in its Investment in Kinetic Advantage
Ropes & Gray advised Altamont Capital Partners in its investment in Kinetic Advantage, a newly formed auto floorplan financing company. The transaction was announced on Jan. 18. The press release is here.
Kinetic Advantage was formed in 2005 to provide a better floorplan experience to independent auto dealers by streamlining the customer experience, increasing flexibility and offering increased transparency around fees, all enabled by a market-leading technology platform. Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $2.75 billion of assets under management.
The Ropes & Gray team that advised Altamont Capital Partners was led by private equity partner Howard Glazer (San Francisco), and included employment, executive compensation & benefits partner Jennifer Cormier (Boston), tax partners Amanda Holt (Boston) and Benjamin Rogers (San Francisco), and private equity associate Walton Dumas (San Francisco).