Vestar News

Building a New Era at St. John Knits

St. John Knits’ future under new management is off to a good start.

Canada Pension Plan Investment Board Enters Into Agreement To Acquire Vestar IV Portfolio Company Wilton Re

Vestar enters agreement to sell Vestar IV portfolio company Wilton Re to CPPIB

Vestar Capital Partners and Goldman Sachs in Partnership to Acquire Hearthside Food Solutions

Vestar Capital Partners and Goldman Sachs announced that they have signed a definitive agreement to acquire Hearthside Food Solutions, the largest independent bakery and contract food manufacturer in North America

Vestar Capital Partners to Acquire Institutional Shareholder Services from MSCI

Vestar has entered into a definitive agreement to acquire ISS, a leading provider of corporate governance solutions to the global finance community. The transaction underscores increasing importance of global corporate governance.

Del Monte’s former pet unit gets new name it loves: Big Heart Pet Brands

Del Monte’s former pet products division has picked up a new moniker after selling off the ubiquitous Del Monte canned food.

Vestar Capital Partners Announces Promotions

Vestar promotes Michael Gross and Winston Song to vice president .

Finance Monthly Interview with Vestar Managing Director Brian O’Connor

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.

Vestar Portfolio Company Press Ganey Acquires Technology Firm

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.

Jim Wagner Named CEO of Roland Foods

Roland Foods Corporation announced that James Wagner, 44, has joined the company as chief executive officer, effective immediately.

Vestar Portfolio Company Del Monte to Sell Canned Food Business for $1.7 Billion

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.

Vestar Capital Partners Acquires Majority Interest in Roland Foods

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.

Vestar Portfolio Company St. John Knits Announces New Management Team

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 Names Norm Alpert, Rob Rosner Co-Presidents

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 Buys Back Shares from Vestar Capital

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 Closes $850M Refinancing

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.