We help businesses thrive and imagine what could be

About

At Corona Park Capital, we help CEOs uncover their business’ unrealized potential by taking an entrepreneurial approach to private equity. Our process relies on closely aligning incentives with our partners to ensure we make decisions that benefit everyone. We seek out companies that embrace collaboration, allowing us to work closely with management teams to assess issues, dive deep to understand key business needs, and create data-driven strategies to uncover areas for new growth.

We have broad experience taking companies private, investing large positions in public companies, transforming legacy companies, and funding growth equity that gives us deep perspective on the ways new companies and legacy businesses can achieve greater long-term value. We don’t just show up to Board meetings — we roll up our sleeves and do the work to partner with CEOs and management teams to drive change and unlock value.  

Founder

Daniel Allen, Managing Partner + CEO

Dan founded Corona Park Capital (CPC) in 2012 after nearly a decade at BainCapital investing in venture capital and growth equity opportunities. 

Highlights of Dan’s work at CPC include the acquisition of Printronix, a worldwide leader in multi-technology industrial printing solutions (the former IBM mainframe printer business). CPC devised a strategy with management to split the business into two parts, then divested the smaller component for nearly the amount paid for the entire company. CPC then collaborated with the CEO and management team to optimize the remaining core business combining multiple factories around the world into a single new manufacturing facility in Malaysia. CPC sold Printronix in October 2021.  More recently in 2021, CPC acquired ZAGG, a leading provider of mobile phone accessories sold under brands like Invisible Shield, Halo, Mophie, and Gear4. Zagg had been publicly traded on the Nasdaq and CPC took the company private.

Previously at BainCapital, Dan helped lead more than a dozen investments including supply chain robotics company KIVA systems (sold to Amazon); VoIP provider Vonage (NYSE: VG); and software and mobile technology companies that were sold to Apple and to Oracle. Prior to BainCapital, Dan was on the founding team of the movie ticketing website Fandango; worked as a strategy consultant at McKinsey and Company in NYC and London; and worked at ABCNews in Moscow, London, Hong Kong, and NYC. Dan earned his AB from Harvard College and his MBA from Harvard Business School.

Dan’s vast experience in the technology and consumer goods sector—along with his deep bench of relationships across the industry—brings valuable insight and expertise to new partnerships. His tenacity and entrepreneurial spirit have translated to successfully restructuring and scaling global enterprises.

  • “CPC has been a patient partner since orchestrating our carve-out from a larger company. CPC shares a vision of how the future will play out and has supported Current Tech in growing to become an instrumental piece of that future.”

    Tryg Jensen, CEO of Current.tech

  • “Dan orchestrated a very complicated process to take the company private, and then collaborated with Management to drive the business in a direction that renewed focus on the key profit drivers to position for a future of growth.”

    Chris Ahern, CEO of Zagg

  • “Dan’s hands-on and entrepreneurial approach was instrumental in helping the Printronix management team identify ways to dramatically improve our business. Corona Park wasn’t a faraway investor, but an “on-the-ground” partner working with us to drive change. The CoronaPark team was a great partner to work with.”

    Werner Heid, CEO of Printronix

Our investment philosophy

We unlock value for companies through active involvement and passionate commitment to their long-term success. Our depth of experience translates to measurable growth and meaningful change for each of our businesses. Through close alignment with their leadership teams, we find ways to transform their businesses and uncover new levels of growth and profits. At the heart of our investment philosophy are six core tenets: 

  • We seek out businesses that best align with our goals. As the largest investors in our businesses, our success is dependent on the success of our partners. There are no fixed timelines for our capital. We optimize our strategies to the individual timelines of each of our partners and their unique goals.

  • At CPC, we are highly discriminating in our partnerships. We typically have very few investments at a time in order to provide focused engagement. Being highly selective in the investments we manage each year enables us to dedicate meaningful time and attention wherever it’s needed most. This focused approach has led to superior returns over traditional private equity.

  • We see our investments as a partnership. We bring our experience in investing, management consulting, and operating businesses to structure and undertake complicated transactions. We roll up our sleeves, dig in, and do whatever it takes to achieve successful outcomes. We’re relentless in our pursuit of success for our partners.

  • We believe that realizing growth and full value takes time—that’s why we take the long view when it comes to capital investments. Our partnerships have no fixed time horizons. Whether it takes two years or ten, we are committed to helping our partners realize real-world value by understanding their desired trajectory and using data-driven decision-making to reach those goals.

  • Like any private equity fund, our focus is on driving results for our investors; but we approach our investments like a business owner not as a portfolio of investments. We engage at every level of operations, fully partnering with management to achieve new levels of growth. We drive success in part through our flexible, entrepreneurial decision-making. Rather than wait for quarterly board meetings, we move quickly to implement changes that will lead to meaningful impact and accelerate change.

  • Our bench of industry connections is broad and deep. We are able to leverage our networks to bring additional expertise wherever it’s needed most. This approach has resulted in a superior track record of returns for each of our partners.

Investment criteria

Contact

dan@coronapark.com
(555) 555-5555