New Mountain Capital to invest in Portage Point Partners.

New Mountain Capital, a private equity firm, agreed to invest in Portage Point Partners, a business advisory, interim management and investment banking firm serving middle market stakeholders. Financial terms were not disclosed. "Since inception, we have focused on curating a high-performance culture that can quickly close knowledge gaps to capture value and mitigate risk for middle market stakeholders. The New Mountain investment is a testament to the team we have built, the impact of our work and the strength of our brand. New Mountain's expertise in building high growth advisory-based professional services businesses make them the ideal partner to support our ambitious vision," Matthew Ray, Portage Point Founder & CEO.