Charterhouse Announces Expansion of Existing Strategy to Take Advantage of Current Market Conditions.NEW YORK--(BUSINESS WIRE)--October 13, 1998--Charterhouse Group International, Inc., a leader in private equity investing, announced today that it has expanded its existing strategy of partnering with entrepreneurs and investing in privately-held companies to include investing in capital constrained publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Charterhouse Charterhouse [Fr.,=Chartreuse], in London, England, once a Carthusian monastery (founded 1371), later a hospital for old men and then a school for boys, endowed in 1611. The school, which became a large public school, was removed (1872) to Godalming, Surrey. W. M. will make equity investments of up to $200 million each, as a minority shareholder. In addition, Charterhouse will manage privatizations This list of privatizations provides links to notable and/or major privatizations. See also: Privatization. Argentina
Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. that could exceed $1 billion. Charterhouse will initially target those industries where it currently has operations, such as healthcare services, consumer products/services, electronic components/systems, specialty paper, telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. , and information technology services. Charterhouse will continue its current focus on outsourcing and consolidation opportunities in a variety of industries. Charterhouse manages $1.6 billion in equity through several limited partnerships. It has completed more than 80 transactions in partnership with entrepreneurs in a variety of industrial and service companies. Since 1973, Charterhouse has specialized in consolidations, leveraged build-ups, technology transfers, and brand renewal opportunities. |
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