- Bridge Alternatives becomes outsourced Controller and CFO for AUA Private Equity Partners
- AUA maintains assets under management in excess of $500 million
Leading outsourced Chief Financial Officer, Bridge Alternative Investment Solutions’ (“Bridge Alternatives”), today announced a new client engagement with AUA Private Equity Partners, LLC (“AUA”), a lower-middle market investment firm focused on family owned, and Hispanic and/or multi-cultural oriented companies within the consumer products and consumer services sectors.
AUA’s portfolio continues to benefit from growth in the U.S. Hispanic and multi-cultural population as well as the multi-generational transfer of assets. The firm has wide capabilities to increase value and build great companies with deep industry knowledge and operational focus.
The new engagement will allow AUA to leverage Bridge Alternatives’ decades long expertise in finance, accounting, and technology to maximize performance and reporting.
Bridge Alternatives will serve as AUA’s full back office, including Controller and CFO functions to support AUA now and in the future.
Kyle Fields, Managing Partner of Bridge Alternative Investment Solutions, said: “We share many values with AUA. Central to this is a laser focus on meeting client demands and scaling with them in various capacities.
What started as a smaller project with AUA, has evolved into us becoming the firm’s complete back office. Certainly, the relationship demonstrates the high degree of mutual trust between us, and we are delighted to be an extension of their team at the latest phase in the AUA growth story.”
Andy Unanue, Managing Partner of AUA Private Equity Partners, said of the relationship: “It is an exciting phase of growth for us, one that required the best-in-class back office and CFO support. Bridge Alternatives checked many of the boxes across experience, knowledge, and service. They have the know-how and drive to help us succeed in our mission. We look forward to a long relationship.”
About AUA Private Equity Partners, LLC
AUA Private Equity Partners is an operationally focused, lower middle-market investment firm providing strategic capital to companies in the consumer products and consumer services sectors with a particular focus on family-owned businesses or companies benefiting from the growth of the U.S. Hispanic population. AUA Private Equity makes equity investments of $20 to $75 million in companies that generate in excess of $5 million in EBITDA. For more information on AUA Private Equity Partners, please visit www.auaequity.com
About Bridge Alternative Investment Solutions, LLC
Bridge Alternative Investment Solutions continues to provide virtually every function that an in-house CFO, COO and/or Controller would provide, including books and records management, cash movements and controls, fee calculations and billing, audit management and coordination, tax compliance and coordination, and service provider oversight and relationship management. For further information please contact firstname.lastname@example.org or please visit our website at www.bridgealternatives.com