Vice President, Business Development
Danny Despot joined NCP in 2014 after being in the private sector. Prior to New Capital Partners, Danny founded Capstone Technologies in 1996 by raising capital to build a proprietary biometric monitoring service for offenders on house arrest. Capstone became a leader in biometric monitoring in the US and sold to a Canadian public company in 1999. Danny also co-founded Summit Document Services in 1994 and grew it to 150 employees in seven locations in five states. He sold that company in 2004 and has been working in the private equity industry since 2005. He created six funds for projects up to $12 million. These projects focused on the oil/gas, service companies, real estate development and automotive sectors. Danny currently serves on the Board of Directors for Big Spring Environmental, Petroleum Investments, and Talladega Ford. At NCP, Danny is responsible for sourcing new investment opportunities in NCP’s chosen industries and markets.
Danny earned a BS and MA in Finance from The University of Alabama.