Vestar Announces Sale of Institutional Shareholder Services for $720 million
NEW YORK (September 7, 2017) – Vestar Capital Partners has announced that Institutional Shareholder Services Inc. (“ISS”), a leading provider of corporate governance and responsible investment solutions to financial market participants, has been sold for $720 million. The transaction is expected to close by early fourth quarter, subject to customary closing conditions.
Vestar acquired ISS in April 2014, carving it out from its former corporate parent MSCI Inc. Under Vestar’s ownership, ISS successfully developed into an attractive, high-growth platform with a clear market leadership position in the on-trend Environmental, Social and Governance (“ES&G”) space.
CEO Gary Retelny and his management team led this transformation, establishing ISS as a standalone entity and investing behind the systems and human capital infrastructure required to accelerate growth. ISS will continue to operate independently once the transaction is completed and the current ISS executive leadership team will remain in place.
“We thank Vestar Capital Partners for their commitment to ISS and its clients around the globe over the past three years. It has been a tremendously successful partnership,” Mr. Retelny said.
“Our partnership with Gary Retelny and the ISS management team has been extremely productive and highly successful, including the completion of five acquisitions, which significantly broadened its products and services,” said Rob Rosner, co-president of Vestar. “We are proud of how ISS has expanded its business over the past several years and strengthened its global position as the leading authority in corporate governance.”
ISS currently has more than 1,000 employees operating across 19 global offices in 13 countries. Its approximately 3,000 clients include many of the world’s-leading institutional investors who rely on ISS’ objective and impartial proxy research and data to vote portfolio holdings, as well as public companies focused on governance risk mitigation as a shareholder-value enhancing measure.
Simpson Thacher & Bartlett LLP acted as legal advisor to ISS and Vestar Capital Partners on the transaction.
About ISS
Founded in 1985 as Institutional Shareholder Services Inc., ISS is the world’s leading provider of corporate governance and responsible investment (RI) solutions for asset owners, asset managers, hedge funds, and asset service providers. ISS’ solutions include: objective governance research and recommendations; RI data, analytics, advisory and research; end-to-end proxy voting and distribution solutions; turnkey securities class-action claims management (provided by Securities Class Action Services, LLC); and reliable global governance data and modeling tools. Clients rely on ISS’ expertise to help them make informed corporate governance and responsible investment decisions. For more information, please visit www.issgovernance.com.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business Services & Industrial Products. Since its founding in 1988, Vestar funds have completed more than 80 investments in companies – as well as more than 200 add-on acquisitions – with a total value of approximately $50 billion. For more information, please visit www.vestarcapital.com.
Media Contacts:
Institutional Shareholder Services Inc.
Subodh Mishra, Executive Director, Communications
+301-556-0304
[email protected]
Vestar Capital
Owen Blicksilver Public Relations, Inc.
Jennifer Hurson
+845-507-0571
[email protected]
Vestar Capital Partners Acquires Quest Analytics
New York, New York – August 22, 2017 – Vestar Capital Partners today announced that it has acquired Quest Analytics, L.L.C. Terms of the investment were not disclosed.
Quest Analytics, based in Appleton, WI and co-founded in 2003 by David H. Hill and John P. Weis, is a leader in health plan provider network management software and services. Mr. Hill and Mr. Weis will remain active in the business and will retain a substantial minority ownership stake in the company.
Health plan provider network access, adequacy, and accuracy standards vary by state and type of beneficiary. As health plan networks evolve to keep healthcare affordable, Quest Analytics provides critically important software and cloud-based solutions for both health plans and the regulators who monitor their performance.
“Quest’s products and services are critical competitive tools for health plan networks in the current volatile and uncertain healthcare environment,” said Roger C. Holstein, Managing Director at Vestar Capital Partners. “As healthcare costs continue to rise, health plans are narrowing the size of provider networks in order to keep premiums affordable. Now more than ever, health plans look to Quest to help them design, contract, and monitor the access, adequacy, and accuracy of their networks.”
“Partnering with Vestar, Quest will not only have additional capital to invest and grow our business but also access to Vestar’s data analytics and sector expertise that will enable us to take full advantage of the significant opportunities available to expand our fast-growing business,” said Mr. Weis, CEO of Quest Analytics.
Richard Barasch, former CEO of Universal American (a leading Medicare Advantage plan recently acquired by WellCare Health Plans, Inc.) and a senior advisor to Vestar, was actively involved in the investment and will join the Quest board.
Kirkland & Ellis LLP served as legal counsel to Vestar. Brown Gibbons Lang & Company acted as financial advisor to Quest Analytics and Foley & Lardner LLP provided transaction counsel.
About Quest Analytics, L.L.C.
Quest Analytics is an independent solutions company, built without ownership ties to any health plan, providing commercial software development and consulting services for hundreds of health plans, consultants, and government agencies in the healthcare industry. The company has brought many innovative solutions to the market ranging from pioneering access analysis and disruption analysis tools to evolving network adequacy solutions and right-sized network design services. For more information, please visit www.questanalytics.com.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long- term enterprise value, with a focus on Consumer, Healthcare, and Business Services & Industrial Products. Since its founding in 1988, Vestar funds have completed more than 80 investments in companies – as well as more than 200 add-on acquisitions – with a total value of approximately $50 billion. For more information, please visit www.vestarcapital.com.
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Media Contacts:
Owen Blicksilver Public Relations, Inc.
Carol Makovich
203-622-4781
Jennifer Hurson
845-507-0571
Edward Don & Company Announces Investment by Vestar Capital Partners
WOODRIDGE, IL – March 2, 2017 – Edward Don & Company (“DON”), the world’s leading distributor of foodservice equipment and supplies, announced today that it is pleased to bring in a new capital investor, Vestar Capital Partners, to fund DON’s future growth, with a primary focus on geographic expansion and acquisitions. Terms of the investment were not disclosed. The transaction is expected to close in the first quarter of 2017.
Following Vestar’s investment, the Don family and members of senior management will retain a significant ownership stake in the company. Steve Don will remain CEO of the Company, and his senior management team will also remain in place. Owned and operated by the Don family since 1921, Edward Don & Company is the chosen supplier to all types of foodservice businesses including independent restaurants, national chains, health care, hospitality, country clubs, schools and universities, government institutions, and foodservice management.
“We were pleased to be selected by the Don family as a value-added capital partner to help the business grow. DON is the premier platform in the foodservice equipment and supplies industry and the only nationwide, fully integrated solution for customers today. Its management team, customer service organization, and state-of-the-art technology provide an unparalleled platform on which to build,” said Rob Rosner, co-president and founding partner of Vestar.
“For more than 95 years, DON has put customers first, delivering everything but the food,” said Steve Don, CEO. “In Vestar, we found a partner who not only brings fresh capital to the business but also has a deep appreciation for the customers, employees, and culture that have made us who we are today. Customers can expect the same high level of foodservice expertise, customer service and quality, innovative products from DON as we move forward with Vestar.”
“With Vestar’s deep expertise in the foodservice industry and our long history of working closely with family-owned businesses, we believe we can be a value-added partner to Edward Don & Company. We are excited to work with Steve and build on the success he and his family have had thus far,” said John Stephens, managing director and co-head of the Business Services and Industrial Products Group of Vestar.
Wells Fargo Securities, LLC acted as exclusive financial advisor to DON and Horwood Marcus & Berk served as legal counsel. Latham & Watkins LLP served as legal counsel to Vestar.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business Services and Industrial Products. Since Vestar’s founding in 1988, Vestar funds have completed 78 investments in companies with a total value of more than $46 billion. For more information, please visit www.vestarcapital.com.
About Edward Don & Company
Owned and operated by the Don family since 1921, Edward Don & Company is the world's leading distributor of foodservice equipment and supplies. Headquartered in Woodridge, IL, the company is the chosen supplier to all types of foodservice businesses including independent restaurants, national chains, health care, hospitality, country clubs, schools and universities, government institutions, and foodservice management. DON, with approximately 1,100 employees, operates a nationwide distribution network supported by six full-service distribution centers – in Philadelphia, Ft. Lauderdale, Atlanta, Chicago, Dallas, and Los Angeles – and also owns and operates its own transportation fleet. DON serves national and multi-unit account programs with flexible, customized solutions that meet the needs of both the corporate office and the individual units. DON’s Foodservice Equipment Division offers full service kitchen design, equipment purchasing, and installation. For more information, please visit www.don.com
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Media Contacts for Vestar Capital Partners:
Owen Blicksilver Public Relations, Inc.
Carol Makovich
203.622.4781
Jennifer Hurson
845.507.0571
Vestar Promotes Stephens, Funk, Williams
NEW YORK, NEW YORK – February 6, 2017 – Vestar Capital Partners today announced the promotions of John Stephens to co-head of the firm’s Business Services
and Industrial Products Group, Ben Funk to vice president, and Jonathan Williams to senior associate.
John Stephens
“John has brought insightful thinking and outstanding execution to the Business Services and Industrial Products Group,” said Rob Rosner, co-president of Vestar and a founding partner of the firm as well as head of the Business Services and Industrial Products Group. “His promotion to co-head of the Group is a recognition of the value he has delivered to Vestar and our investors.”
Nearly half of Vestar’s investments over time have been in the Business Services and Industrial Products sectors, including business services companies such as Institutional Shareholder Services, Presence Marketing, and Duff & Phelps; industrial and commercial products companies such as Mobile Technologies, Argo-Tech, Prestone, AZ Electronic Materials, and Wabtec; and financial services companies such as Triton and Wilton Re.
John Stephens, a managing director of the firm, joined Vestar in 2006. He has been a member of the Business Services and Industrial Products Group for several years and has also served in Vestar’s Consumer group. He is a director of Mobile Technologies, Presence Marketing, Roland Foods, and St. John Knits, and was previously on the board of Consolidated Container. John also serves as an Investment Committee member of the Colorado Impact Fund and BIGR Ventures. Before joining Vestar, he was a member of the Leveraged Finance Group at Wachovia Securities and also worked at L.E.K. Consulting.
He holds a B.A., magna cum laude, from Middlebury College, where he was a member of the Phi Beta Kappa academic honor society.
Ben Funk
"Ben has shown outstanding performance, diligence, and promise since he joined our firm,” said Brian O’Connor, managing director and co-head of the Consumer Group.
“Attracting and developing talent has always been a hallmark of Vestar and we consider Ben to be a fine example of the depth of our bench and the strength of our teams at every level.”
Ben Funk, most recently a senior associate at Vestar, joined the firm in 2012 as an associate. Previously he was an analyst at Perella Weinberg Partners, where he focused
on a wide range of M&A and restructuring transactions.
He graduated magna cum laude from the University of Southern California with a B.S. degree in Business Administration.
Jonathan Williams
“Since joining Vestar, Jonathan has made a tremendous contribution to the firm and distinguished himself with his energy and dedication,” said Ken O'Keefe, managing
director and COO of Vestar. “He excels as a member of several Vestar teams and provides essential support for the firm’s initiatives. We congratulate him on his welldeserved promotion.”
Jonathan Williams joined Vestar in 2014 as an associate in the New York office. Prior to Vestar, Jonathan was an analyst at Moelis & Company, where he executed a number of M&A and restructuring transactions across a variety of sectors, including healthcare, telecommunications, and consumer/retail.
Jonathan graduated magna cum laude from the University of Pennsylvania with a B.A. in History.
Vestar-owned Roland Foods Receives $125 Million Minority Investment
NEW YORK, NY – January 9, 2017 – Vestar Capital Partners (“Vestar”), a leading U.S. middle-market private equity firm, announced today that it accepted a $125 million minority investment in Roland Foods (“Roland”), a Vestar portfolio company and leading provider of superior quality specialty foods. Following the completion of this recapitalization transaction, Vestar will remain the majority shareholder in Roland.
Founded in 1934 and owned by Vestar since 2013, Roland Foods is a recognized leader in the imported specialty foods business in the U.S. and around the globe. The Roland brand is iconic and stands at the forefront of the industry, providing more than 1,500 SKUs to the foodservice, retail, and industrial channels.
“Roland has achieved extraordinary growth since 2013, and we are excited to welcome a new partner who will help to accelerate this already strong momentum,” said Brian O’Connor, managing director of Vestar and co-head of its Consumer Group.
“Given the strong prospects ahead for our business, both organically and through acquisitions, this transaction is an opportunity to provide Roland with the capital flexibility to further our market-leading position,” said Jim Wagner, Roland’s CEO. “With the ongoing support of our partners, we will continue to grow and provide exceptional service, value and quality to all of our customers.”
Wells Fargo Securities, LLC acted as financial advisor to Vestar and Kirkland & Ellis LLP served as legal counsel.
About Roland Foods
Roland Foods, based in New York City, specializes in importing high-quality specialty food products from more than 50 countries. Founded in Paris in 1934 and established in the U.S. in 1939, the Company provides customers with exceptional specialty foods, primarily offered under the Roland brand. The company has a national presence in the foodservice, retail, and industrial channels as well as international sales in the Caribbean, Central and South America, Asia, Africa, and the Middle East. Roland Foods’ dedication to providing quality and consistency has made it a leader among food importers and suppliers. The Roland brand is synonymous with quality for the consumer and chef alike. For more information, please visit www.rolandfood.com.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business Services and Industrial Products. Since Vestar’s founding in 1988, Vestar funds have completed 78 investments in companies with a total value of more than $46 billion. For more information, please visit www.vestarcapital.com.
Media Contacts:
Vestar Capital Partners
Carol Makovich
Owen Blicksilver Public Relations, Inc.
203-622-4781
ISS Announces Acquisition of IW Financial
ROCKVILLE, Md. (January 5, 2017) -- Institutional Shareholder Services Inc. (“ISS”), the leading provider of end-to-end corporate governance and responsible investment solutions to the global financial community, today announced the acquisition of IW Financial, a U.S.-based firm offering environmental, social, and governance (ESG) research, consulting, and portfolio management solutions.
Established in 2001 and headquartered in Portland, Maine, IW Financial's suite of offerings help asset management firms and other institutional clients identify risks, enhance productivity, and increase revenues by adding value to the money management process while strengthening client relationships. IW Financial's solutions are based on patented technology that allows users to comparatively rate companies based on user-defined criteria. Institutions can incorporate ESG factors into their investment platforms, products, and portfolios and can quickly identify the investments that best meet ESG guidelines and client expectations.
“This acquisition will help us continue to meet the growing demands of the investment community to further integrate ESG data and insights into ISS’ industry leading corporate governance offerings,” said ISS’ Chief Operating Officer, Stephen Harvey. “We are committed to helping investment professionals across the globe leverage timely and relevant extra-financial insights to aid in investment decision-making through our growing suite of services.”
IW Financial screens, methodologies, and other solutions will be integrated into ISS-Ethix, the ESG arm of Institutional Shareholder Services, which provides global investors with deep expertise in environmental and social research and analysis to deliver a fully integrated, turnkey solution for responsible investing. IW Financial CEO Sam Pierce will continue with the combined group and will lead development of an environmental and social ratings methodology, slated for release later this year as part of the ISS QualityScore screening and scoring solution.
“We are very pleased to join the ISS family and I look forward to working with Steve and entire team to develop and deliver industry leading ESG products and services,” said Pierce. “We look forward to integrating our teams, products, and services to provide clients a truly end-to-end solution that is global in scope.”
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About ISS Founded in 1985 as Institutional Shareholder Services Inc., ISS is the world’s leading provider of corporate governance and responsible investment (RI) solutions for asset owners, asset managers, hedge funds, and asset service providers. ISS’ solutions include: objective governance research and recommendations; RI data, analytics, and research; end-to-end proxy voting and distribution solutions; turnkey securities class-action claims management (provided by Securities Class Action Services, LLC); and reliable global governance data and modeling tools. Clients rely on ISS' expertise to help them make informed corporate governance decisions. For more information, please visit www.issgovernance.com.
Media Contact: Subodh Mishra, Executive Director, Communications +301-556-0304 [email protected]
Press Ganey Sold for $2.35 Billion
NEW YORK - Vestar Capital Partners announced the sale of Press Ganey Holdings, Inc. (NYSE:PGND) today (October 21, 2016). Under the terms of the agreement, Press Ganey shareholders will receive $40.50 in cash for each share of Press Ganey common stock they hold.
The transaction was announced on August 9, 2016 and received approval from Press Ganey shareholders on October 19, 2016. As a result of the completion of the transaction, shares of Press Ganey common stock were removed from listing on the New York Stock Exchange (“NYSE”), with trading in Press Ganey shares suspended prior to the opening of business today.
Barclays and Goldman Sachs served as financial advisors to Press Ganey, and Latham & Watkins LLP and Richards, Layton & Finger, PA served as legal advisors to Press Ganey. Fully committed financing of the transaction was provided by Credit Suisse, Citi and BofA Merrill Lynch.
About Press Ganey
Press Ganey Holdings is a leading provider of patient experience measurement, performance analytics and strategic advisory solutions for health care organizations across the continuum of care. Celebrating 30 years of experience, Press Ganey is recognized as a pioneer and thought leader in patient experience measurement and performance improvement solutions. Our mission is to help health care organizations reduce patient suffering and improve clinical quality, safety and the patient experience. As of January 1, 2016, we served more than 26,000 health care facilities.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm currently managing approximately $5 billion in capital. Specializing in management buyouts and growth capital investments, Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business and Financial Services. Since Vestar’s founding in 1988, Vestar funds have completed more than 75 investments in companies with a total value of more than $40 billion.
Vestar Capital Partners completes $3.6 Billion Sale of Sun Products to Henkel
NEW YORK, NY – September 2, 2016 – Vestar Capital Partners announced today that it has completed the sale of The Sun Products Corporation to Henkel Consumer Goods Inc., a subsidiary of Henkel AG & Co. KGaA. The transaction, which was previously announced on June 24, 2016, is valued at $3.6 billion.
Sun Products, created by Vestar Capital in 2008 through the acquisition by Huish Detergents of Unilever's North American Fabric Care Brands, makes and markets laundry and household brands, such as all, Sun, Wisk, Snuggle, and Sunlight. The company also develops and manufactures laundry and dish care brands for leading retailers in North America. In fiscal 2015, the company generated sales of approximately $1.6 billion in the U.S. and Canada.
Morgan Stanley & Co. LLC acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Sun Products.
Other recent announcements from Vestar include the recent signing of a definitive agreement to sell Vestar V portfolio company Press Ganey Holdings (NYSE:PGND), a healthcare performance improvement company, to an affiliate of EQT Partners for $40.50 per share or approximately $2.35 billion of enterprise value. The transaction is expected to close in the fourth quarter of 2016. In addition, Vestar recently acquired Mobile Technologies Inc., a global leader in mobile device security and display technologies. Other 2016 transactions include the sale of a majority stake in The StayWell Company LLC to Healthcare Services & Solutions, LLC, a wholly owned subsidiary of Merck & Co., Inc., and the completion of the previously announced merger of Triton Container with TAL International.
Media Contacts:
Owen Blicksilver Public Relations
Carol Makovich
(203) 622-4781
Jennifer Hurson
(845) 507-0571
Vestar Capital Partners Invests in Presence Marketing
NEW YORK, NEW YORK – On August 26, 2016, Vestar Capital Partners completed a minority equity investment in Presence Marketing, the leading national sales broker of natural and organic food, beverage and personal care products.
Founded in 1990 by Bill Weiland, who continues as majority owner, chairman and chief executive officer, Presence is headquartered in South Barrington, IL, with more than 500 employees throughout the United States. Presence is the only national sales broker dedicated exclusively to natural and organic products, providing best-in-class sales brokerage services in one of the fastest-growing segments in consumer products.
“Bill Weiland is a legendary leader in the natural and organic segment of the consumer products industry. Under his leadership, Presence has built an array of services that offers a difficult-to-replicate value proposition for their manufacturing and retail partners,” said Jim Kelley, a managing director and founding partner of Vestar. “Natural and organic food and beverage products are continuing to gain share of at-home dining, and the business expansion opportunities available to Presence provide additional upside to an already highly attractive business. We are delighted to become partners with Bill and the entire Presence team.”
Miguel Nistal Joins Woodstream as President & CEO
NEW YORK, NEW YORK – August 10, 2016 – Woodstream Corporation, a leading manufacturer and marketer of branded pest and animal control as well as lawn and garden products, today announced that Miguel A. Nistal has joined the company as president and chief executive officer. He replaces current President and CEO Harry E. Whaley, who will continue as a consultant to the Company, effective immediately.
Mr. Nistal, 53, comes to Woodstream from Swan Products, LLC, a maker of irrigation and watering products, a business he has run since 2009 and for which he has been president and CEO since 2013. Mr. Nistal also led the spin-off of Swan Products, a division of Tekni-Plex Corporation, formerly known as Colorite. Under his leadership, Swan Products has achieved significant increases in sales and profits, as well as efficiencies in manufacturing and inventory management and expanded e-commerce capabilities.
Woodstream’s strong portfolio of leading niche brands include Victor mouse and rat traps, Terro liquid ant bait, Havahart animal traps, Perky-pet bird feeders, and Zareba and Fi-Shock electronic animal containment products. Woodstream was acquired by Vestar Capital Partners in mid-2015.
“Miguel brings a proven track record of product innovation and operational management, as well as deep experience in branded consumer products,” said Kevin Mundt, managing director of Vestar and chairman of the Woodstream Board of Directors. “He also has demonstrated expertise in identifying and successfully integrating add-on acquisitions, which we view as an important expansion avenue for Woodstream. These strengths make him the ideal candidate to help the Company realize its next stage of growth.”
“Woodstream boasts long standing relationships with blue chip retailers, and with new product introductions and increased merchandising support on the horizon, I believe the Company is poised for additional growth,” said Mr. Nistal. “I look forward to working with the Woodstream management and Vestar teams on Woodsteam’s next chapter of development.”
Mr. Nistal’s prior positions also include serving as CEO for Keys Fitness and in several senior positions with The Stanley Works. Earlier in his career, Mr. Nistal held marketing, product management and engineering positions with Thomson Consumer Electronics and General Electric Company. He holds a BS degree in Bio-medical Engineering and Electrical Engineering and an MBA degree from Syracuse University.
Mr. Whaley, 60, has served as president of Woodstream since 1989 and has built the company from a $50 million manufacturer of primarily sporting goods equipment to a diverse $250 million branded consumer products company. He joined Woodstream in 1989 after having served the company’s parent, Ekco Group, as Vice President, Corporate Development. Prior to joining Woodstream and Ekco Group, he held positions with Centronics Corporation, Digital Equipment Corporation, and Gillette.
“Harry has been a terrific partner over the last year and has helped build Woodstream into the successful company it is today,” added Mr. Mundt. “We thank him for his many years of service to the Company and for his support in ensuring a smooth leadership transition. We wish him the best of luck in his future pursuits.”
“I am honored to have led Woodstream for the last 27 years. I never intended to stay so long, but the excellent team of people we built and a rich field of opportunities led from one exciting initiative to another. While our accomplishments as a team are many, the time is right to hand over the reins to a new leader who can continue to pursue the strategic growth of Woodstream,” said Mr. Whaley. “With Miguel and Woodstream’s existing leadership team, along with Vestar’s support, I leave the Company in excellent hands.”
About Woodstream
Woodstream, headquartered in Lititz, Pennsylvania, is a global manufacturer and marketer of a broad portfolio of branded pest control and lawn & garden products, under brands such as Victor®, Terro®, Perky-Pet®, Havahart®, Safer®, Sweeney’s® and Mosquito Magnet®, among others. The company’s products, which have leading market share positions within their respective segments, are sold at more than 100,000 retail locations and to professional pest control providers throughout the United States, Canada, the United Kingdom, and other international markets.
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm currently managing approximately $5 billion in capital. Specializing in management buyouts and growth capital investments, Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business and Financial Services. Since Vestar’s founding in 1988, Vestar funds have completed 75 investments in companies with a total value of more than $40 billion. For more information, please visit www.vestarcapital.com
Media Contacts:
Owen Blicksilver Public Relations
Carol Makovich Jennifer Hurson
(203) 622-4781 (845) 507-0571
[email protected] [email protected]