Vestar Capital Partners

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Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Vestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in middle-market companies in the United States.

The firm, which was founded in 1988, is headquartered in New York City with offices in Boston, Massachusetts and Denver, Colorado, in the U.S.[1]

History

Vestar is a leading private equity firm specializing in management buyouts and growth capital investments. Vestar was founded in 1988 by principals of The First Boston Corporation’s Management Buyout Group.[2] As of 2017, four of the original founders—Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley—were still with the firm.[3]

Since the firm's founding in 1988, the Vestar funds have completed more than 80 investments in companies with a total value of more than $46 billion.

In 2013, Vestar Capital acquired a majority stake in Roland Foods Corporation.[4] The firm acquired Institutional Shareholder Services (ISS) from MSCI in 2014 for $364 million.[5]

Investment funds

Script error: No such module "Unsubst". Between 1988 and 2019, Vestar raised seven private equity funds with total investor commitments of more than $8 billion. The first six of those funds have been fully invested.

  • 1988 - Vestar Capital Partners ($35 million - Fully invested and liquidated)
  • 1993 - Vestar Capital Partners II ($260 million - Fully invested and liquidated)
  • 1997 - Vestar Capital Partners III ($803 million - Fully invested)
  • 1999 - Vestar Capital Partners IV ($2.48 billion - Fully invested)
  • 2005 - Vestar Capital Partners V ($3.7 billion - Fully invested)
  • 2013 - Vestar Capital Partners VI ($804 million - Fully invested)
  • 2019 - Vestar Capital Partners VII ($1.1 billion - Currently investing)

References

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  2. Vestar-Led Group In M&H Buyout. New York Times, August 12, 1988
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External links

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