Justin Ishbia

Justin Ishbia (born 1977) is an American billionaire businessman and the founder and Managing Partner of Shore Capital Partners (“Shore”), a strategic private equity firm headquartered in Chicago, Illinois. In 2021, Forbes listed Ishbia as the #2 ranked billionaire new to the 2021 World Billionaires list due to Special Purpose Acquisition Company (“SPAC”) investments. Forbes listed Justin as #1008 on the World Billionaires list in 2021.
In addition to his role as Managing Partner at Shore Capital, Justin sits on the board of directors of United Wholesale Mortgage (NYSE: UWMC) and has since 2011. Justin's 22% stake UWM is the second largest mortgage lender behind Rocket Mortgage.
Education
Ishbia attended Birmingham Seaholm High School in Bloomfield, Michigan, with plans to major in Pre-Law in college. Ishbia received a B.S. in Accounting from Michigan State University in 2000. He earned his J.D. and a certificate in Law and Business from Vanderbilt University Law School in 2004.
Career
Ishbia began his career as an attorney in the private equity group at Kirkland & Ellis in 2004. He also worked as an investment professional at Valor Equity Partners, a Chicago-based private equity firm prior to founding Shore Capital Partners in 2009.
Ishbia currently sits on the board of directors for EyeSouth Partners, Southern Veterinary Partners, Mission Veterinary Partners,
Shore Capital Partners
Shore Capital Partners is a private equity firm headquartered in Chicago, with offices in Nashville, which specializes in partnering with companies that have between $1-10 million of EBITDA. As of July 2021, Shore manages approximately $2.5 Billion, through four distinct verticals: (i) healthcare, (ii) food & beverage, (iii) business services, and (iv) real estate. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, organically and through industry consolidation.
Since its inception in 2009, Shore has completed 35 platform investments, over 500 add-on investments, and 8 successful exits. In July 2021, Shore announced the closing of three funds, Shore Capital Healthcare Partners Fund IV (“HC Fund IV”), which raised $366 million, Shore Capital Business Services Fund I (“BS Fund I”), which raised $213 million, and Shore Capital Real Estate Partners Fund I (“RE Fund I”), which raised $107 million. Since 2010, the firm has raised approximately $2.5 billion. In 2021, Inc. again named Shore to its list of Founder-Friendly Investors, The Top PE and VC Firms for Entrepreneurs.
Philanthropy
In 2015, Ishbia established the “Justin R. Ishbia Scholarship” to provide financial support for students at Vanderbilt Law School. The foundation was formed during the COVID-19 crisis to provide tax-free financial assistance to individuals and families impacted by COVID-19 through job loss, medical expenses, etc. The Foundation continues to aid Shore Capital portfolio company team members, their families, and communities in a variety of ways.
Personal life
Ishbia is married to Kristen Ishbia. The couple lives in Chicago, Illinois with their two children. and a member of the (YPO). Additionally, Ishbia has been a guest lecturer at the Vanderbilt University Owen Graduate School of Management, Loyola University Chicago School of Law, and the Thunderbird School of Global Management at Arizona State University. and a Certified Public Accountant.

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