Posted on August 15, 2022 at 04:01 PM Eastern Daylight Time
Touchstone Capital Selects Jackson As Headquarters
JACKSON, Miss.--(BUSINESS WIRE)--Touchstone Capital, an international private equity investment firm, has selected the capital city of Jackson as its home base. Originally operating out of Boston, Massachusetts, Touchstone’s leadership is aiming to create local job opportunities alongside investor returns focused on timing, access, and liquidity advantages.
“We considered many cities for our office, but Jackson made sense for reasons largely unseen to other business leaders,” says Chris Ragland, Managing Partner of Touchstone. “It has a rich history of opportunity in various sectors, and we want to build on that culture of success while providing opportunities for more than just investors.”
Touchstone Capital is making headway with its latest investment venture, ReadyAssist, one of the leading roadside assistance companies in India. Headquartered in Bangalore, the success in raising capital for ReadyAssist shows Jackson’s opportunity to become a uniquely positioned leader in international private equity. The efforts have been aided by Touchstone’s Special Advisor and renowned Bollywood actor, Vivek Anand Oberoi. Oberoi has an impressive track record in both start-ups and real estate, building growth strategies for undervalued companies and taking them public on the Bombay and National Stock Exchanges of India.
“We have assembled a dynamic team capable of raising and managing capital for unique investments in India and beyond,” says Oberoi. “Our portfolio of investments is growing weekly and satisfies a real need in the capital markets.”
Touchstone Capital’s two additional private equity experts, Principal and Founder Tom Meade and Partner Rajat Bhatnagar, round out the team's leadership with a track record of over $100M in direct placement private equity and scaling international startups with next-stage growth, respectively. To learn more about Touchstone Capital and their current portfolio, visit touchstone.finance.
Touchstone is an international private equity investment firm based in Jackson, Mississippi. We are passionate about accelerating the growth and product/service offering of our portfolio companies located around the world.
Touchstone selects rapidly growing markets and then sources pre-series A investment opportunities primarily focused on the Software and Software-as-a-Service (SaaS) oriented businesses. Touchstone tends to invest in businesses outside the United States and often uses Special Purposes Entities (SPE) as a highly focused investment vehicle with a limited investment thesis.
India’s leading technology-backed roadside assistance and vehicle lifecycle management company. Ready Assist offers 24/7 real-time vehicle breakdown service and on-the-spot repairs across the entirety of India. This is made possible by Ready Assist’s deep tech platform and comprehensive network of skilled mechanics. An Auto-tech startup - solving the problems of Roadside emergency assistance, addressing the growing demand for on-spot and doorstep service due to the faster adaptation of EVs and enabling a deeper EV charging & swapping infrastructure. To learn more, visit https://www.readyassist.in/