GPB Capital Holdings
GPB Capital Holdings was a New York-based alternative asset management firm that operated three private equity funds acquiring income-producing businesses across automotive, healthcare, waste, and energy verticals, distributing fund interests through broker-dealers to over 10,000 retail investors before collapsing under a $1.8 billion fraud conviction.
- Company typePrivate
- Founded2013
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What GPB Capital Holdings does
GPB Capital Holdings LLC was a New York-based alternative asset management firm founded in 2013 that operated three private equity funds targeting the acquisition of income-producing private companies. The firm pursued a roll-up strategy across diversified verticals, executing at least six disclosed acquisitions between 2016 and 2018: Eurus Energy Holdings (energy), Prime Motor Group and Kenny Ross Automotive Group (automotive dealerships), Five Star Carting (waste management), and Health Prime International and MatrixOneSource (healthcare revenue cycle management). Fund interests were distributed through third-party broker-dealers and financial advisors, including Emerson Equity, Arkadios Capital, and David Lerner Associates, reaching more than 10,000 retail investors such as teachers, nurses, and 401(k) savers.
The firm raised capital by selling fund interests with more than $1 billion of investor capital placed at risk and the total fraud scheme reported at $1.8 billion. In federal court in Brooklyn, New York, GPB Capital was found to have orchestrated a Ponzi-like scheme misrepresenting fund performance and using new investor funds to service payouts to earlier investors rather than from genuine operational earnings. Founder and CEO David Gentile was convicted of securities and wire fraud and sentenced to seven years; co-conspirator Jeffry Schneider was convicted and sentenced to six years. Following the convictions and associated legal proceedings, the company is classified as closed/defunct. President Trump commuted Gentile's sentence in December 2025.
GPB Capital Holdings firmographics
Firmographics- Name
- GPB Capital Holdings
- Legal name
- GPB Capital Holdings LLC
- Website
- https://gpb-cap.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Closed
- Headcount range
- 51–100 employees
- Short description
- GPB Capital Holdings was a New York-based alternative asset management firm that operated three private equity funds acquiring income-producing businesses across automotive, healthcare, waste, and energy verticals, distributing fund interests through broker-dealers to over 10,000 retail investors before collapsing under a $1.8 billion fraud conviction.
- Ownership category
- akta.pro rank
Where GPB Capital Holdings is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
GPB Capital Holdings business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations
Distribution channels1 record
GPB Capital Holdings product offering
Product offeringCore offering
GPB Capital Holdings was an alternative asset management firm that raised capital through three private equity funds and used those proceeds to acquire controlling interests in income-producing private companies across automotive retail, healthcare staffing, waste management, and renewable energy. The firm sold fund interests primarily to individual retail investors, including teachers, nurses, and 401(k) participants, through a network of independent broker-dealers.
Differentiator
Problem solved
Functional benefit
Companies that use GPB Capital Holdings
Customer profileSegments1 record
Ideal customer profiles1 record
GPB Capital Holdings technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GPB Capital Holdings partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights3 records
GPB Capital Holdings competitors and assessment
Company assessmentDirect peers
- CIVC Partners: Middle-market PE firm investing in business services and consumer services companies, similar to GPB Capital's lower-middle-market deal profile.
- HIG Capital: Middle-market private equity firm acquiring operating companies across business services, healthcare, and industrial sectors, closely matching GPB Capital's middle-market operating-company strategy.
- Audax Group: Middle-market PE firm focused on buy-and-build acquisitions of North American operating companies in business services and industrial segments, similar to GPB Capital's roll-up approach.
- Roark Capital: PE firm specializing in acquiring and operating consumer and business services franchises, comparable in focus on operating-company PE investments.
- Sun Capital Partners: Middle-market PE firm that acquires operating companies in consumer, retail, and industrial sectors, with comparable middle-market operating-company exposure.
- American Industrial Partners: PE firm focused on industrial and business services operating companies, directly comparable in its concentration on industrial/services portfolio companies.
Broad incumbents
- Centerbridge Partners: Larger alternative asset manager with PE strategies across operating companies and special situations; broader scope than GPB but overlapping in middle-market PE activity.
- Apollo Global Management: Global alternative asset manager with significant PE activity in operating companies; broader incumbent in the same industry category.
- Blackstone: Largest global alternative asset manager with PE strategies in operating companies; broad incumbent overlapping GPB's industry space.
- KKR: Global PE firm with extensive operating-company buyout activity across business services and industrials; broad incumbent overlapping GPB's industry.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat2 records
Key risks7 records
Key highlights3 records
Customer concentration
GPB Capital Holdings social profiles
Digital presenceGPB Capital Holdings financial estimates
Financial estimateRevenue estimate
Valuation estimate
GPB Capital Holdings leadership team
Management profileNumber of profiles
GPB Capital Holdings funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GPB Capital Holdings M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GPB Capital Holdings
What does GPB Capital Holdings do?
GPB Capital Holdings was an alternative asset management firm that raised capital through three private equity funds and used those proceeds to acquire controlling interests in income-producing private companies across automotive retail, healthcare staffing, waste management, and renewable energy. The firm sold fund interests primarily to individual retail investors, including teachers, nurses, and 401(k) participants, through a network of independent broker-dealers.
Is GPB Capital Holdings a public or private company?
GPB Capital Holdings is a private company. It is classified as founder individual operated bootstrapped and is currently closed.
When was GPB Capital Holdings founded?
GPB Capital Holdings was founded in 2013. It employs 51 to 100 people.
Where is GPB Capital Holdings based?
GPB Capital Holdings is headquartered in New York, United States, in the North America region.
Who are GPB Capital Holdings's main competitors?
Direct peers on record are CIVC Partners, HIG Capital, Audax Group, Roark Capital, Sun Capital Partners and American Industrial Partners. Broad incumbents are Centerbridge Partners, Apollo Global Management, Blackstone and KKR.
Does GPB Capital Holdings have an API?
No public API is recorded for GPB Capital Holdings.