Danny Despot

Vice President

Danny joined NCP in 2014 and is responsible for sourcing new investment opportunities in NCP’s chosen industries and markets. He currently serves on the Board of Directors for Big Spring Environmental, Petroleum Investments, and Talladega Ford.

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. Danny created six funds for projects up to $12 million focused on the oil and gas, service, real estate development and automotive sectors.

Danny earned an MA and BA in Finance from the University of Alabama.

Of the five NCP Values, which is your favorite one? Why?

“Be genuine” is my favorite one.  All of NCP’s values are important, but I think being real and authentic helps set the foundation of a quality relationship. Relationships are what it’s all about, and they’re really important to building great companies.

What professional accomplishment are you most proud of?

I have built several successful companies from scratch and started directly out of college.  Startups are tough, but it feels really good when you see the hard work you put in pay off not only for yourself, but for all who made it happen.

What are some words of wisdom you live by?

“Carpe Diem.”  I love that because everyday is a gift, and they are limited.  Make the most of your days because they are precious. Also, I believe that attitude is almost everything.  Great things can be accomplished with the right attitude, and attitude is contagious.