L.A. investors vary in holdings, strategies, influence.THERE are about 40 private equity firms headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County, and the following sample includes some of the better-known firms. Information on the firms, which are listed alphabetically, has been obtained from representatives of the companies. Aurora Capital Group Principal: Gerald Parsky, Chairman Capital Under Management: $1 billion Portfolio: ADCO ADCO Abu Dhabi Company for Onshore Oil Operations ADCO Alcohol and Drug Control Officer ADCO Air Defense Control Center ADCO Alcohol & Drug Control Office ADCO Air Defense Communications Office ADCO Air Defense Coordination Organization Global Inc., FleetPride Corp., Tartan Textile Services Inc., United Plastics Group Inc. Description: Formed in 1991, acquires and builds middle-market companies in partnership with operating management. Particular interest in acquiring platform companies that can grow through internal growth and add-on acquisitions. Brentwood Associates Principal: William M. Barnum Jr., Partner Capital Under Management: $750 million Portfolio: Bay Travelgear Inc., Exhale exhale /ex·hale/ (eks´hal) to breathe out. ex·hale v. 1. To breathe out. 2. To emit a gas, vapor, or odor. Enterprises Inc., Spectrum Clubs Inc., Zumiez Inc. Description: Formed in 1972, invests through a variety of transaction structures, including management buyouts, recapitalizations and growth equity. Typically has majority ownership stake, seeks equity investments of $20 million to $75 million, acts as board-level advisors on strategy and other development issues. Caltius Capital Management Principal: James B. Upchurch, Chief Executive Capital Under Management: $269 million Portfolio: DavexLabs LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Northwest Coatings, CRC (Cyclical Redundancy Checking) An error checking technique used to ensure the accuracy of transmitting digital data. The transmitted messages are divided into predetermined lengths which, used as dividends, are divided by a fixed divisor. Health Corp., La Dove Inc. Description: Formed in 1999 as Libra Capital Partners. Invests in small- and medium-sized businesses throughout the U.S. Invests up to $10 million, and seeks controlling or substantial minority ownership positions. Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Partners Principal: Stephen E. Adamson, Managing Partner/Los Angeles Capital Under Management: $200 million Portfolio: ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. Laboratories, Control Room Technologies, Financial Pacific, Nu Visions Description: Formed in 1995, focuses on companies with revenues from $2 million to $20 million. Invests in growth equity, de-leveraging investments, management buyouts, corporate divestitures, recapitalizations, significant management equity ownership. Century Park Capital Partners L.P. Principals: Martin M. Jelenko, Martin A. Sarafa, Managing Partners Capital Under Management: $107 million Portfolio: Becker Underwood Inc, Berkley Industries LLC, Dickinson Frozen Foods Inc., Kidslines Inc. Description: Makes minority or controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail investments in growing middle-market companies with revenues ranging from $20 million to $200 million. Long-term equity investments typically range from $5 million to $15 million. Clarity Partners Principals: David Lee David Lee may refer to:
Porter was first elected at the 1979 general election as Member of Parliament (MP) for Bebington and Ellesmere Port. , Stephen P. Rader, R. Rudolph Reinfrank, Managing General Partners Capital Under Management: $800 million Portfolio: Impremedia LLC, Vue Entertainment Ltd., Woosh Wireless, Oxygen Media Description: Formed in 2000, leads or sponsors transactions in which it invests $25 million to $200 million, including the formation of operating companies that over time could require substantial additional capital, active board-level strategic guidance, equity capital and assistance with technology, marketing, operating and financing issues. E*Capital Corp. Principal: Eric Wedbush, President Capital Under Management: $150 million Portfolio: Acurex Corp., Environmental Elements Corp., Northrim Bancorp Inc., PAR Technology Corp. Description: Both private equity and venture capital, invests in private and public companies with revenues greater than $5 million. Actively involved with portfolio companies, targeted investment size of between $3 million to $7 million. Will take minority or majority ownership, emphasis on Western U.S. and California. Gores Technology Group LLC Principal: Alec E. Gores, Chairman Capital Under Management: $400 million Portfolio: Adventa Control Technologies Inc., Omni Tech, QuorTech Solutions Inc., Revere Revere, city (1990 pop. 42,786), Suffolk co., E Mass., a residential suburb of Boston, on Massachusetts Bay; settled c.1630, set off from Chelsea and named for Paul Revere 1871, inc. as a city 1914. Inc. Description: Formed in 1987, focused on control-oriented buyouts. Revenues at acquired businesses typically range from $20 million to several billion dollars. Serves on the board of directors and as a resource for strategy. Hancock Park
Hancock Park is a park in Miracle Mile, Los Angeles, California which is the location of the La Brea Tar Pits, the George C. Page Museum of La Brea Discoveries, and LACMA. Associates Principal: Michael J. Fourticq Sr., Managing Partner Capital Under Management: Not Available Portfolio: Fitness Holdings, Synchronous Aerospace Group, The Right Stuff, Saleen, Stanton International Description: Formed in 1986, acquires controlling interests in small- to medium-sized companies with revenues of between $50 million and $100 million. Takes active approach in managing, invests an average of $10 million to $15 million in each company. Focused on Western U.S. Leonard Green & Partners Principals: John G. Danhakl, Peter J. Nolan, Jonathan D. Sokoloff, Managing Partners Capital Under Management: $3.7 billion Portfolio: Arrow Group Industries Inc., Liberty Group Publishing Inc., MEMC MEMC Mission Essential Minor Construction MEMC Mount Elizabeth Medical Centre (Singapore) MEMC Mitchell Electric Membership Corporation (Georgia) MEMC Monsanto Electronic Materials Company, Inc. Electronic Materials Inc., White Cap Industries Inc. Description: Formed in 1989, makes equity investments of between $50 million and $250 million. Targets cash-flow positive businesses that have the ability to grow by at least 50 percent over five years. Takes active role in management. Levine Leichtman Capital Partners Principal: Lauren Leichtman, Chief Executive Capital Under Management: $1 billion Portfolio: CiCi's Pizza CiCi's Pizza is a buffet restaurant chain based in Coppell, Texas, specializing in American-style pizza. CiCi's Pizza has approximately 707 stores in 29 states: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, , Consumer Portfolio Services Inc., Interdent Inc., Overhill Farms Inc. Description: Founded in 1985, makes structured equity investments in middle-market companies with revenues between $50 million and $750 million headquartered in the Western U.S. Investments range from $10 million to $75 million. Oaktree Capital Management Oaktree Capital Management LLC is a US investment management corporation which operates a number of investment entities commonly known as hedge funds of approximately $40 Billion. LLC Principal: Howard S. Marks, Chairman Capital Under Management: Not Available Portfolio: Not Available Description: Formed in 1995. Private investments and marketable securities Marketable Securities Very liquid securities that can be converted into cash quickly at a reasonable price. Notes: Marketable securities are very liquid as they tend to have maturities less than one year, and the rate at which these securities can be bought or sold has . Obtains control or substantial influence, often through the medium of distress. Pasadena Capital Partners LLC Principal: Gregory J. Annick, Chief Executive Capital Under Management: Not Applicable Portfolio: Not Applicable Description: Seeks controlling stake in partnership with owner/managers in small- and middle-market companies headquartered throughout the U.S., with an emphasis on Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . Targets companies valued between $50 million and $150 million, investing $10 million to $30 million for controlling equity investment. Pegasus Management Group Principal: Patrick F. Whelan, President Capital Under Management: Not Applicable Portfolio: Poma POMA Pennsylvania Osteopathic Medical Association POMA Pharmaceutical Outsourcing Management Association POMA Product Operator formalism in Mathematica Corp., Calwax Corp., TOG Manufacturing Co. Description: Formed in 1994, acquires profitable middle-market companies with $5 million to $75 million in annual revenue located in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. Focuses on established, non-technology intensive niche manufacturing companies. Platinum Equity Platinum Equity is an American information technology and private equity firm. It was founded by billionaire Tom Gores in 1995 and is headquartered in Beverly Hills, California. LLC Principal: Tom T. Gores, Chief Executive Capital Under Management: Would Not Disclose Portfolio: Broadspire, Data2Logistics, NextiraOne, Process Software Description: Formed in 1995, acquires technology businesses that provide services and support to the infrastructure and systems of other companies. Targets corporate divestitures and public-to-private opportunities. Putnam Lovell Capital Partners Inc. Principal: Jeffrey D. Lovell, Managing Partner Capital Under Management: $150 million Portfolio: Atlantic Asset Management, Berkeley Capital Management LLC, Powell Johnson Inc. Description: Private capital affiliate of National Bank Financial, formed to provide growth capital to developing companies in the financial services industry with an investment range of $5 million to 20 million. Riordan Lewis & Haden Principal: J. Christopher Lewis, General Partner Capital Under Management: $200 million Portfolio: Bradshaw International, Financial Pacific, Foundstone, ITS Corp. Description: Formed in 1980, invests in privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in California with sales in the range of $20 million to $150 million. Seeks to invest $5 million to $15 million per transaction and partner with other equity sources for larger transactions. Sage Capital Partners L.P. Principal: Brad de Koning, Managing Director Capital Under Management: $40 million Portfolio: Asphalt Zipper zipper Device for binding the edges of an opening, as on a garment or a bag. A zipper consists of two strips of material with metal or plastic teeth along the edges, and a sliding piece that interlocks the teeth when moved in one direction and separates them again when moved Inc., PGI PGI Protected Geographical Indication PGI Progiciel de Gestion Intégré (French: Enterprise Resource Planning) PGI Phosphoglucose Isomerase PGI Polish Geological Institute (Warsaw, Poland) Inc. Description: Formed in 1996, focuses on small- and mid-sized companies with revenues between $5 million and $75 million. Invests in management-led buyouts, expansion financing and recapitalizations. Will take majority or minority positions in companies. Seidler Equity Partners LP Principals: Peter Seidler, Robert Seidler, Eric Kutsenda, Partners Capital Under Management: $450 million Portfolio: Sweda Co., Magnet LLC, Benchmark Industries LLC, LA Fitness LLC Description: Formed in 2000, acquires and invests in middle-market manufacturing and service businesses with revenues of $10 million to $200 million. Transactions include family business recapitalization, management buyouts, growth financing, estate-planning transactions and partner buyouts. Shamrock Capital Advisors Inc. Principal: Stanley P. Gold, Chief Executive Capital Under Management: $2 billion Portfolio: Triad Broadcasting Inc., NetGear Inc., Tadiran Communications, Premier Retail Networks, Telephone Communications Ltd. Description: Formed in 1978 as Roy E. Disney's family investment firm, focuses on small to mid-market companies mainly in United States, Israel and Australia. Prefers equity investments of $15 million to $50 million in North America and $5 million to $20 million in Israel. |
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