Bespoke Capital Partners
Formed in 2014, Bespoke Capital Partners is a private equity firm focused on investing in companies in the consumer, leisure and related sectors globally. Bespoke is a joint venture of Global Leisure Capital Partners LLC, the principal investment arm of Global Leisure Partners LLP (www.globalleisurepartners.com), a leading sector-focused leisure and consumer merchant bank and RLB3 Capital Partners, the holding company for the private investments of Robert L. Berner III. The joint managing partners of Bespoke are Mark W.B. Harms and Robert L. Berner III with additional personnel in New York, London and Palm Beach, FL.
As the name signifies, Bespoke tailors investment solutions to complex investment transactions requiring a thoughtful approach, deep sector knowledge and a clear understanding of the company’s and other shareholders’ needs. Bespoke structures each deal separately to meet the needs and objectives of our partners.
Once a deal is structured Bespoke taps the appropriate capital source for that deal; Bespoke has relationships with a significant number of large institutions and family offices that look to it to source proprietary deal flow. Bespoke does not participate in auctions.
Bespoke typically has a longer dated hold period (10-15 year final life of an investment vehicle), differentiating it further from traditional private equity firms who generally look for an exit in 3-5 years. Flexibility being the cornerstone of its investment philosophy, while Bespoke typically invests in equity it can invest in all parts of the capital structure, with investment size ranging from small (c. $20mm) to large ($150mm+).
Bespoke, via its affiliates, also has a unique operating partner network comprised of 75+ current and former CEOs, business decision-makers and thought leaders who are true partners to the firm and its portfolio companies. This differentiates Bespoke further from other private equity firms through the depth and breadth of industry perspective and experience that its partners provide. This network provides Bespoke with proprietary deal flow, due diligence support, portfolio company management and board talent, and management and consulting services.
Bespoke's current portfolio includes:
- 24 Hour Fitness, the second largest health and fitness company in the world
- Vinventions, a leading global manufacturer of wine closures
- World Gyms Taiwan, the largest fitness center chain in Taiwan
- Caesars Entertainment, the global casino-entertainment company
Bespoke has invested in excess of $350mm to date in support of its tailored private equity strategy.