‘One large customer away’ – private equity firm sees potential in Central Ohio tech companies

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Central Ohio has enough technology companies leaving the startup phase to attract a private equity firm investing from a $390 million fund.

Frontier Capital, based in Charlotte, North Carolina, is intensifying its search in the Midwest and already has identified several Central Ohio startups to track, said Mason McVerry director of business development.

McVerry, hired from Frontier’s affiliated executive search firm, said he was “very impressed” with the number of companies he was introduced to on a swing through Columbus and Cincinnati. He met with Columbus early-stage investors NCT Ventures and Rev1 Ventures to get an overview and identify contenders.

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Originally published September 8, 2017.

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