Vestar Capital Partners

Vestar Capital Partners
Industry Private Equity
Founded 1988
Founder Daniel O'Connell, Robert L. Rosner, James P. Kelley, Norman Alpert, Arthur Nagle
Headquarters 245 Park Avenue
New York, New York, United States of America
Products Leveraged buyouts
Total assets $5 billion
Website www.vestarcapital.com

Vestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in the United States.[1]

The firm, which was founded in 1988, is headquartered in New York City with offices in Boston, Massachusetts and Denver, Colorado, in the US.

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] Five of the original founders, including Daniel O'Connell, Norman Alpert, Robert L. Rosner, James P. Kelley, and Arthur Nagle, are still with the firm.

The firm has extensive experience investing across a wide variety of industries including: Consumer, Healthcare, Diversified Industries, and Financial Services. Vestar invests and collaborates with incumbent management teams, private owners or corporations in a creative, flexible and entrepreneurial way to build long-term franchise and enterprise value. Since the firm's founding in 1988, the Vestar funds have completed 70 investments in companies with a total value of more than $40 billion.

Investment funds

Since its inception in 1988, Vestar has raised six private equity funds with total investor commitments of approximately more than $9 billion. Of these funds, five have been fully invested and two have been fully liquidated. Vestar is actively evaluating middle-market investment opportunities for its sixth fund, Vestar Capital Partners VI.

References

  1. "About Us", http://www.vestarcapital.com/en/about/,[] 8/27/08
  2. Vestar-Led Group In M&H Buyout. New York Times, August 12, 1988
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