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Cembra Holdings has announced its formal launch and the completion of its initial equity raise. Cembra is a Dallas-based permanent capital holding company focused on acquiring and operating niche, market-leading lower middle-market businesses across the United States.
Cembra is supported by an exceptional group of like-minded investors who share its long-term vision for permanent ownership and value creation. The raise was led by The Cromwell Harbor Partnership and included other investors such as Miramar Equity Partners and BQ Capital Partners.
Cembra was co-founded by Chris Warley and Christian Coquoz, both Texas-based investors with backgrounds in principal investing. Chris began his career at Deloitte Corporate Finance before moving to Lone Star Investment Advisors. He then joined Goldman Sachs from 2015 to 2018, followed by a role as a private equity associate at Pear Energy Investments. For the past four years, he has been an investor at Hewes Fund Management.
Christian also brings a strong background in finance. He spent more than three years in equity hedge funds at Park City Capital and Deutsche Bank before joining Intrepid Financial Partners. Over the past five years, he has focused on private investments at InLight Capital.
The company will seek to acquire profitable founder- and family-owned businesses, with a focus on Texas and neighboring states. The firm targets high-quality businesses with durable customer relationships, consistent revenue streams, and strong company cultures. Cembra works closely with management teams to drive performance while providing the resources and stability of a permanent home.


