Del Monte’s former pet products division has picked up a new moniker after selling off the ubiquitous Del Monte canned food.
Vestar promotes Michael Gross and Winston Song to vice president .
Vestar Managing Director Brian O’Connor discusses the firm’s latest Consumer acquisitions and his outlook on the Consumer space with the editors of Finance Monthly magazine.
Press Ganey, the leading patient experience improvement firm, announced the acquisition of On The Spot Systems®, a point-of-care survey technology firm that enables organizations to capture real-time patient feedback. The acquisition advances Press Ganey’s Patient Voice™portfolio for health care organizations by adding Point of Care to existing modes of mail, phone and eSurvey. Point of Care expands feedback via any tablet or mobile device enabling providers to improve patient engagement across the continuum of care.
Roland Foods Corporation announced that James Wagner, 44, has joined the company as chief executive officer, effective immediately.
When Marie Gray, now 77, decided to save money and make her own dresses, she had no idea that her distinctive knit creations would become iconic outfits for First Ladies, corporate executives, and Hollywood celebrities. Gray, who co-founded St. John Knits with her late husband, Robert Gray, built an internationally recognized fashion house that has branched out into shoes, handbags, perfume, and bath products. The company’s current majority owner, Vestar Capital Partners, declined to reveal numbers, but Hoover’s estimates St. John’s 2012 revenue at $346 million. Her story:
Singapore-listed Del Monte Pacific Ltd will buy the canned food business of Del Monte Foods Consumer Products Inc for $1.7 billion, gaining a direct presence in the key U.S. market and reuniting a substantial portion of the Del Monte brand family. The deal will also allow San Francisco-based Del Monte Foods to concentrate on its pet foods unit, including the recent acquisition of Natural Balance. Del Monte Foods was acquired in 2011 by Vestar Capital Partners, KKR and Centerview Capital in a deal valued at $5.3 billion.
American Roland Food Corp. (“Roland Foods”) and Vestar Capital Partners (“Vestar”) today announced that Vestar Capital Partners VI, L.P. has signed a definitive agreement to acquire a majority interest in the Roland Foods family of companies, including Bruno Scheidt, Inc., American Roland Food Corp., Pro Warehouse Corp., and Costamar Corp.
On July 18th, the Board of Directors of St. John Knits named Bernd Beetz Chairman of the Board. On July 22nd, Mr. Beetz announced that Geoffroy van Raemdonck has been appointed Chief Executive Officer of the company.
Vestar Capital Partners today announced that Norman W. Alpert and Robert L. Rosner have been named co-presidents of the Firm, effective immediately.
Symetra Financial Corp. purchased 6,089,999 of its common shares May 17 from certain affiliates of Vestar Capital Partners Inc., according to a Form 8-K filed May 21.
Vestar portfolio company Tervita Corporation announced today the closing of a US$650 million offering of Senior Secured Notes due 2018 and CDN$200 million in Senior Secured Notes due 2018 (collectively, the “Senior Secured Notes”) in a private placement.
Vestar Capital Partners, which yesterday agreed to sell Duff & Phelps Corp. (DUF) to investors including Carlyle Group LP (CG) for $665.5 million, will reap a more than three-times return on its stake in the investment-banking firm.
NEW YORK, NEW YORK – December 6, 2012 – Vestar Capital Partners (“Vestar”) announced the completion of the sale of Sunrise Medical Inc. (“Sunrise Medical”) to funds advised by Equistone Partners Europe.
MALSCH, GERMANY and NEW YORK, NY, USA – November 6, 2012 – Sunrise Medical Inc. (“Sunrise Medical”) today announced that it has entered into a definitive agreement to sell its global mobility and seating operations to funds advised by Equistone Partners Europe (“Equistone”), one of Europe’s leading investors in mid-market buyouts.