RidgeLake Partners and Bonaccord Capital completed the acquisition of a minority stake in Shamrock Capital.

RidgeLake Partners, a strategic partnership between PA Capital and Ottawa Avenue Private Capital, and Bonaccord Capital, a private equity firm, completed the acquisition of a minority stake in Shamrock Capital, an investor in media, entertainment, communications and related sectors. Financial terms were not disclosed. “RidgeLake and Bonaccord’s strategic investment in Shamrock is an important milestone in the continued development of our business. RidgeLake and its affiliates have been investing with Shamrock since 2005 and have been trusted partners for us through the course of our firm’s growth. We are excited about the opportunity to expand our relationship with RidgeLake, and look forward to a fruitful partnership with Bonaccord, as we believe that these firms are well-aligned with our long-term vision for Shamrock," Steve Royer, Shamrock Capital President.