On November 30, 2021, Horizon Investments, LLC announced a strategic investment by Altamont Capital Partners.
Under the terms of the transaction, Altamont Capital Partners (“Altamont”) made a strategic investment in Horizon Investments, LLC (“Horizon”). Altamont’s Operating Partner, Dave Odenath, joined Horizon’s board of directors as Executive Chairman. Further terms of the deal were not disclosed.
Altamont, based in San Francisco, California, is a private investment firm focusing on middle market businesses. Altamont has approximately $3.8 billion in assets under management.
Horizon, based in Charlotte, North Carolina, is a registered investment adviser providing goals-based investment strategies. Horizon has approximately $7 billion in assets under advisement.
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