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Buerk Dale Victor Renames Itself Montlake Capital

Buerk Dale Victor, a Seattle-based venture capital firm, has changed its name to Montlake Capital

PRESS RELEASE

Buerk Dale Victor, a leading venture capital and private equity firm with operations throughout the western U.S., has changed its name to Montlake Capital. The new name recognizes the firm’s evolution from a local partnership, founded in 1999, to a growing regional firm with a significantly expanded investment team, geographic footprint and portfolio operations.

The name Montlake represents the rugged mountains and lakes of the West, as well as the spirit of adventure and pioneering history of one of the strongest U.S. regional economies in today’s global marketplace. Montlake is also one of Seattle’s most recognized neighborhoods and is identified with the University of Washington, one of the region’s epicenters of higher education, entrepreneurship and innovation. Close relationships with leading academic institutions throughout the Northwest have been a long-term source of value for the firm.

“Montlake recognizes our tradition and roots, while clarifying and distinguishing the firm’s brand and capital markets business,” said Andy Dale, Managing Partner. “Our strategy and commitment to investing in and supporting the most promising growth companies remains constant.”

Tracing its roots to the early 1980’s when its founders and early investors provided entrepreneurial capital to growing enterprises, Montlake Capital transformed into a private equity and venture capital fund management business 10 years ago. In recent years, the firm has opened regional offices and added partners in Portland, OR, Bozeman, MT and Boise, Idaho.

“The veteran team and network of regional offices we have assembled provide a unique advantage in identifying promising growth opportunities and accessing valuable resources for the benefit of our partner companies and investors,” said Dale.

Montlake has $100 million of principally institutional capital under management and invests in private growth companies across diversified sectors where the firm has unique knowledge and experience. Over the last decade, the firm has invested in more than 20 Northwest growth companies and has established itself as a long-term partner to its portfolio companies, syndicate partners and institutional and high net worth investors.

Most recent investments include the growth recapitalization of natural pet treat company, Blue Dog Bakery (www.bluedogbakery.com), and expansion financing of online human resources network, i4cp (www.i4cp.com). Other representative investments in the region include Wellpartner (www.wellpartner.com), Veriwave (www.veriwave.com) and ClearAccess (www.clearaccess.com) in Portland, OR/Vancouver, WA and Fresca Mexican Foods (www.frescamex.com) in Boise, Idaho.

In 2010, the firm will actively invest and seek partner companies with revenues between $2-20 million as it executes a strategy of long-term value creation for companies with solid growth potential.

ABOUT MONTLAKE CAPITAL

Montlake Capital is a leading growth equity firm partnering with rapidly growing private companies across the western U.S. Montlake Capital invests across multiple sectors including business or consumer products and services, health and wellness, retail and growth technology. With over 200 combined years of operational expertise, the Montlake team is uniquely positioned to help build successful enduring enterprises.