New York, NY - February 2, 2021 - LoneTree Capital (“LoneTree”), a leading provider of flexible growth capital to founder-owned technology & tech-enabled services companies has announced a definitive agreement to acquire / assume the assets of Angle Point Capital (“Angle Point”). Angle Point has provided growth capital to technology companies since 2015 and will continue its operations under the LoneTree brand. The current team, assets, and infrastructure will remain in place and uninterrupted. Matt Koven, the Managing Partner for LoneTree, said “LoneTree will continue and expand upon the Angle Point legacy and we look forward to the LoneTree brand providing the capital and operational support to Angle Point’s current portfolio companies while also expanding our footprint and network aggressively over the coming years.”
About LoneTree Capital
LoneTree Capital provides operational and M&A support alongside flexible capital to accelerate revenue growth. We enable our partner companies to achieve their next stage of growth quicker and with a higher level of certainty. LoneTree invests $5 million to $25 million per transaction into targeted sectors including software, digital infrastructure, healthcare IT / services, business and consumer services, and financial technology / specialty finance. For more information, please visit www.lonetreecap.com.
LoneTree Capital Contact:
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Effective Date: February 1, 2021
Last Updated: February 1, 2021
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Terms and Conditions
By accessing or using the Sites in any manner, you also agree to be bound by LoneTree's Terms and Conditions (the “Agreement”). Please read the Agreement carefully. If you do not accept all of the terms and conditions contained in or incorporated by reference into the Agreement, please do not use the Sites.
Information We Collect
We collect information, including personal data, to provide better services to all our Users. We use the term “Personal Data” to refer to any information that identifies or can be used to identify you. Common examples of personal data include: full name, home address, email address, digital identity, such as a login name or handle, information about your device, and certain metadata.
We collect Personal Data in the following ways:
1. Information You Give to Us
You may choose to provide us with Personal Data about yourself when you request information about our Services, transact business with us or engage with us at events or through email or through interactive features on the Site. This Personal Data may include your name, organization, phone number and email address, and any other Personal Data that you may provide. In some instances, you may elect to provide us with location and address information. You may also provide us with Personal Data about yourself when your report a problem or have a question about our Services.
2. Information We Obtain from Your Use of Our Services
We collect certain information automatically, such as your operating system version, browser type, and internet service provider. When you use our Site, we automatically collect and store this information in service logs. This includes: details of how you used our Site; Internet protocol address; and cookies that uniquely identify your browser. We may also collect and process information about your actual location. The information we collect automatically is statistical data and may or may not include Personal Data, but we may maintain it or associate it with Personal Data we collect in other ways or receive from third parties.
3. Cookies and Similar Technologies
We and our partners use various technologies to collect and store information when you visit one of our services, and this may include using cookies or similar technologies to identify your browser or device. We also use these technologies to collect and store information when you interact with services from our partners, such as advertising services. Our third party advertising and analytics partners include Google and similar partners.
The technologies we use for this automatic data collection may include:
Web Beacons. Pages of our services or our e-mails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags and single-pixel gifs) that permit us, for example, to count users who have visited those pages or opened an e-mail and for other related website statistics (for example, recording the popularity of certain website content and verifying system and server integrity).
How We Use Information We Collect
We use your personal data in ways that are compatible with the purposes for which it was collected or authorized by you, including for the following purposes:
We use the information we collect from our Sites to provide, maintain, and improve them, to develop new services, and to protect our firm, clients and portfolio companies.
We use information collected from cookies and other technologies, to improve your user experience and the overall quality of our Services. We may use your personal data to see which web pages you visit at our Site, which web site you visited before coming to our Site, and where you go after you leave our Site. We can then develop statistics that help us understand how our visitors use our Site and how to improve it. We may also use the information we obtain about you in other ways for which we provide specific notice at the time of collection.
Information We Share
We do not share Personal Data with companies, organizations and individuals outside of the Company unless one of the following circumstances applies:
Our Retention of Your Personal Data
We may retain your Personal Data for a period of time consistent with the original purpose for collection. For example, we keep your Personal Data for no longer than reasonably necessary for your use of our products and services and for a reasonable period of time afterward. We also may retain your Personal Data during the period of time needed for us to pursue our legitimate business interests, conduct audits, comply with our legal obligations, resolve disputes and enforce our agreements.
Our Opt-in/Opt-out Policy
We currently provide the following opt-out opportunities:
Third Party Links
The Sites may contain links to webpages operated by parties other than LoneTree. We do not control such websites and are not responsible for their contents or the privacy policies or other practices of such websites. Our inclusion of links to such websites does not imply any endorsement of the material on such websites or any association with their operators. Further, it is up to the User to take precautions to ensure that whatever links the User selects or software the User downloads (whether from this Site or other websites) is free of such items as viruses, worms, trojan horses, defects and other items of a destructive nature. These websites and services may have their own privacy policies, which the User will be subject to upon linking to the third party's website. LoneTree strongly recommends that each User review the third party's terms and policies.
No International Data Transfer
We are committed to complying with applicable laws, regulations and mandatory government standards regarding the protection of Personal Data.
LoneTree only operates in the United States and we do not transfer or store Personal Data outside of the United States. If we ever transfer your Personal Data out of your home jurisdiction, we will implement suitable safeguards and rely on legally-provided mechanisms to lawfully transfer data across borders to ensure that your Personal Data is protected.
How We Protect Personal Data
LoneTree maintains administrative, technical and physical safeguards designed to protect the User's Personal Data and information against accidental, unlawful or unauthorized destruction, loss, alteration, access, disclosure or use. We implement appropriate technical and organizational measures to ensure a level of security appropriate to the risk, taking into account technological reality, cost, the scope, context and purposes of processing weighted against the severity and likelihood that the processing could threaten individual rights and freedoms. For example, we use commercially reasonable security measures such as encryption, firewalls, and transport layer security (TLS) or hypertext transfer protocol secure (HTTPS) to protect Personal Data.
If LoneTree collects account information for payment or credit, LoneTree will use the information only to complete the task for which the account information was offered.
The Site is not intended for use by children. We do not intentionally gather Personal Data about visitors who are under the age of 13. If a child has provided us with Personal Data, a parent or guardian of that child may contact us to have the information deleted from our records. If you believe that we might have any information from a child under age 13, please contact us at email@example.com. If we learn that we have inadvertently collected the Personal Data of a child under 13, or equivalent minimum age depending on jurisdiction, we will take steps to delete the information as soon as possible.
Direct Marketing and “Do Not Track” Signals
LoneTree does not track its customers over time and across third party websites to provide targeted advertising and therefore does not respond to Do Not Track (DNT) signals. However, some third party sites do keep track of your browsing activities when they serve you content, which enables them to tailor what they present to you. If you are visiting such sites, your browser may include controls to block and delete cookies, web beacons and similar technologies, to allow you to opt out of data collection through those technologies.
How to Contact Us
230 Park Avenue
New York, NY 10003