Transition Capital Partners is a mainstay in Dallas private equity. Jason Faucett and his team are the 4th generation of partners at this 33-year old firm, with a track record that includes 55 platform acquisitions and a historical IRR in the high 30% range.
TCP stands out in the private equity landscape with its effective succession planning, having successfully transitioned through 4 generations of partners. Jason understands that the firm’s true value lies in its people (who does the work), not the brand. Therefore, they structure economic incentives to the deal teams doing the actual work. They also focus on nurturing future leaders, which positions TCP for continued success as they look ahead to the next chapter of their legacy.