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News

Mountaingate Capital Promotes Will Benton and Jay Royston to Principal

March 2025

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DENVER, Colo., March 25, 2025 – Mountaingate Capital (“Mountaingate”), a Denver-based private equity firm that employs a buy-and-build strategy to support lower middle market companies with significant growth potential and engaged leadership teams, is excited to announce the promotions of Will Benton and Jay Royston to Principal.

“Will and Jay have each made a tremendous impact since joining Mountaingate during 2020. Their ability to thrive in a dynamic investing environment, build strong relationships, and deliver outstanding results has been nothing short of exceptional. The promotion to Principal is a reflection of their hard work, leadership, and deep commitment to our firm’s values. I’m excited to see them continue to grow and lead in their new roles.” said Bennett Thompson, Managing Director.

Prior to joining Mountaingate in 2020, Will Benton was with Lightyear Capital, a New York-based middle-market private equity firm focused on financial and business services. Will began his career as an investment banker with Credit Suisse, where he worked in the Financial Institutions Group. Will graduated from the McIntire School of Commerce at the University of Virginia, with concentrations in Finance and Management.

Before becoming part of the Mountaingate team in 2020, Jay Royston was with MidOcean Partners, a New York-based middle-market private equity firm focused on the business services and consumer sectors. Jay began his career as an investment banker with Bank of America Merrill Lynch, where he worked on a variety of advisory and capital raising assignments within the Financial Institutions Group. Jay graduated from Duke University with a B.S. in Civil Engineering and a minor in Economics.

Mountaingate Capital

Mountaingate Capital is a Colorado-based private equity firm that specializes in partnering with founders and entrepreneurial companies to accelerate growth and build industry leaders. Mountaingate’s focus on organic growth, coupled with its customer-centric buy-and-build approach for add-on acquisitions, and shared equity ownership with management, creates more value for the end customer, while forging stronger, more collaborative, and more successful investment partnerships with management teams. With over $1.4 billion of assets under management, Mountaingate targets investments in marketing services, business services, specialty manufacturing and distribution. For more information on Mountaingate, please visit www.mountaingate.com.