Vestar has deep roots in the Consumer sector. We have partnered with some of the most recognizable and iconic consumer brands and have also invested in a number of industry leading service providers to consumer packaged goods manufacturers. Since our inception, we have completed nearly 30 investments across categories, including food, beverage, household and personal care.
We provide management with the resources and financial capital to execute on our shared strategic plan for our portfolio companies. These often include streamlining manufacturing and operations with the goal of reinvesting in new product development, innovative marketing programs, broader distribution, category expansion and add-on acquisitions. Our results have earned us a reputation as a true value-added partner to our Consumer companies.
Key areas of focus for our consumer team include:
- Food & beverage
- Household products
- Beauty and personal care
- Business models:
- Branded consumer
- Private label manufacturing
- Contract manufacturing
- Retail and foodservice distribution
- Sales and marketing services
Business & Technology Services
Nearly half of our investments have been in the Business & Technology Services sector, and we have experience across a range of business models and end markets. Our investment activity is focused on market-leading businesses with meaningful competitive differentiation and scalable operating models. We target companies in acyclical industries with attractive growth tailwinds and high barriers to entry. Typically, our investments will exhibit high visibility recurring or reoccurring revenue streams, strong customer retention with high switching costs, and attractive margins and free cash flow conversion.
Subsectors of focus that tend to align well with our target investment criteria include:
- Software and Information Services
- Business intelligence, data and analytics
- Vertical application software
- Workflow optimization
- Risk, Compliance, and Certification
- Governance, regulatory, and compliance
- Professional training and education
- Testing, inspection, and certification
- Tech-Enabled Outsourced Services
- Managed IT services
- Professional consulting and knowledge services
- Business process outsourcing and automation
- Distribution and Facilities Services
- Value-added distribution
- Route-based or outsourced facilities management
We have deep vertical and business model expertise, and rely on decades of experience to help our partners drive transformative value creation – including through M&A, geographic and end-market expansion, salesforce buildout, and R&D investment. Each management team we partner with has a different vision, but the goal is always the same: to work together over time to build a better and more valuable company.
Our Healthcare team has years of leadership, operations and financial experience in the sector and an extensive network of industry contacts. Vestar has been making successful investments in the Healthcare sector since the late 1990s, when we helped the physician managers of Sheridan Healthcare take the company private and build it from a local operation into a nationwide provider of outsourced medical services. Since 2006, we have increasingly focused on the growing need for healthcare information, healthcare media, marketing services and clinical software services. Our investments in Healthgrades, StayWell and Quest Analytics represent one of the most unique portfolios of healthcare information assets.
Key areas where we tend to focus include:
- Quality Improvement
- Outcomes Measurement
- Payer Services
- Pharma Services
- Mental Health
- Senior Care
- Technology & Tech Enabled Services
- Healthcare IT