A leveragedbuyout or LBO , or highly leveraged transaction HLT , or bootstrap transaction occurs when ... capital, sometimes with assets of the acquiring company. Typically, leveragedbuyout uses ..., http ssrn.com abstract 1632084 LeveragedBuyout Bankruptcies, the Problem of Hindsight Bias, and the Credit ... Companies of all sizes and industries have been the target of leveragedbuyout transactions, although ... after the completion of a leveragedbuyout, some features of potential target firms make for more ... price. Characteristics File LeveragedBuyout Diagram.png thumb right 350px Diagram of the basic structure of a generic leveragedbuyout transaction Leveraged buyouts involve institutional investors and financial ... history of private equity The first leveragedbuyout may have been the purchase by Malcolm McLean ... with coining the term leveragedbuyout or LBO ref Trehan, R. 2006 . http www.4hoteliers.com 4hots fshw.php ... leveragedbuyout in history. In 2006 and 2007, a number of leveragedbuyout transactions were completed that for the first time surpassed the RJR Nabisco leveragedbuyout in terms of nominal purchase .... Most leveragedbuyout firms look to achieve an internal rate of return in excess of 20 . Management buyouts Main Management buyout A special case of a leveraged acquisition is a management ... LBO FT Secondary buyouts A secondary buyout is a form of leveragedbuyout where both the buyer and the seller are private equity firms or financial sponsor s i.e. a leveragedbuyout of a company that was acquired through a leveragedbuyout . A secondary buyout will often provide a clean break for the selling ... axzz1igrPLeUL Investopedia definition LeveragedBuyout http mba.tuck.dartmouth.edu pecenter research ... Buyout Category Private equity Category Financial terminology de Fremdfinanzierte bernahme es Leveragedbuyout eo Levil efika prunto fr Leveraged buy out ko LBO it Leveragedbuyout he lt Svertinis i pirkimas nl Leveragedbuyout ja pl Zakup lewarowany pt Leveragedbuyout ru ... more details
Unreferenced date February 2010 In finance, a buyout is an investment transaction by which the ownership equity of a company law company , or a majority share of the stock of the company is acquired. The acquiror thereby buys out control of the target company. A buyout can take the form of a leveragedbuyout , a venture capital buyout, or a management buyout . Where the company being bought out is a public company, a buyout is often called a going private transaction. Non corporate usage The term may apply more generally to the purchase by one party of all of the rights of another party with respect to an ongoing transaction between the two. For example An employer may buy out an employee s contract by making a single prepayment, so as to have no ongoing obligation to employ the person A landlord may buy out the remainder of a tenant s lease, effectively paying them to vacate. Contracts may have an explicit buyout provision setting forth the terms or price. In the alternative the matter may be negotiated by the parties. If the entire operation is not purchased, the remainder is referred to as a stub stock stub . See also Wiktionary Management buyoutLeveragedbuyout Employee buyout Stub stock Envy ratio Corporate finance and investment banking Category Corporate finance Category Stock market Econ stub it Buyout ... more details
A divisional buyout or carveout , in finance, is a transaction in which a corporation corporate division , business unit or subsidiary is mergers and acquisitions acquired using the same financial structuring as a leveragedbuyout . Typically, in these transactions, the financial sponsor will turn the acquired business into a standalone company, necessitating the creation of certain functions that were formerly provided by the parent company. Divisional reverse leveragedbuyout D RLBO cleanup section date August 2009 A D RLBO is a leveragedbuyout of a division or subsidiary that subsequently comes to trade on the public market s. From the point of view of a Divestment divesting firm , the D RLBO permits the sale of a subsidiary to its management and or private investors who subsequently restructure its assets and capital structure with the purpose of enhancing overall firm value. Example Avon Products Avon Products Inc. divested specialty jeweler Tiffany & Co. to private equity investors who subsequently accomplished an initial public offering IPO . References Hite, G., & Vetsuypens, M. R. 1989. Management buyouts of divisions and shareholder wealth. The Journal of Finance, 44 953 970. Singh, H. 1990. Management buyout Distinguishing characteristics and operating changes priorto public offering. Strategic Management Journal, 11 111 129. Navigation box br private equity stub Private equity and venture capital Category Corporate finance Category Private equity ... more details
crises . See also Leveragedbuyout Dividend recapitalization References references cite ...In corporate finance, a leveraged recapitalization is a change of the capital structure of a company, a substitution of Equity finance equity for debt e.g. by issuing Bond finance bonds to raise money, and using that money to buy the company s stock or to pay dividends. Such a maneuver is called a leveragedbuyout when initiated by an outside party, or a leveraged recapitalization when initiated by the company itself for internal reasons. These types of recapitalization can be minor adjustments to the capital structure of the company, or can be large changes involving a change in the power structure as well. Leveraged recapitalizations are used by privately held companies as a means of refinancing, generally to provide cash to the shareholders while not requiring a total sale of the company. Debt in the form of bonds has some advantages over equity as a way of raising money, since it can have tax shield tax benefits and can enforce a cash discipline. The reduction in equity also makes the firm less vulnerable to a hostile takeover . There are downsides, however. This form of recapitalization can lead a company to focus on short term projects that generate cash to pay off the debt and interest payments , which in turn leads the company to lose its strategic focus. ref U.C. Peyer and A. Shivdasani, Leverage and Internal Capital Markets Evidence from Leveraged Recapitalizations , Journal of Financial Economics Volume 59, Issue 3, March 2001, Pages 477 515. http jfe.rochester.edu 2k054.pdf Available free online . According to these authors, leveraged companies increased their debt to capital ratio from 17 to 50 in a span of 12 years. ref Also, if a firm cannot make its debt payments ... distress which often leads to bankruptcy . Therefore, the additional debt burden of a leveraged ... at Investorwords.com corporate finance and investment banking DEFAULTSORT Leveraged Recapitalization ... more details
process and became Absolute Radio . See also Takeover Management buy in Leveragedbuyout Envy ratio ...Refimprove date October 2011 A management buyout MBO is a form of Takeover acquisition where a company s existing Management managers acquire a large part or all of the company law company . Overview Management buyouts are similar in all major law legal aspects to any other mergers and acquisitions acquisition ..., large parting bonuses for CEOs after a takeover or management buyout. Since corporate valuation ... externality . Purpose The purpose of such a buyout from the managers point of view may be to save their jobs ... will commonly look to private equity investors to fund the majority of buyout. A high proportion ... buyout market was worth 43.9bn in 2008, a 60 fall on the 108.2bn of deals in 2007. The last time the buyout market was at this level was in 2001 when it reached just 34bn. ref cite web url http ... owner of the company to agree a deal whereby the seller finances the buyout. The price paid at the time ... buyout in 2004 by Tom Singh , the founder of the company who had floated it in 1998. He was backed by private ... was the management buyout of Virgin Interactive from Viacom which was led by Mark Dyne . The Virgin ... buyout, and from November 2007, will be known by a new name, Zavvi Entertainment Group Ltd Zavvi . On September 24, 2008, another part of the Virgin group, Virgin Comics underwent a management buyout ... Definition of management buyout http www.investopedia.com terms b buyinmanagementbuyout.asp Definition of buy in management buyout http www.lanternadvisors.com ManagementBuyoutStrategiesWhitePaper.pdf Creative Management Buyout Strategies Article Navigation box br Private equity and venture capital DEFAULTSORT Management Buyout Category Corporate finance Category Management Category Private equity de Management Buy out fr Management buy out it Management buyout lt Vadovyb s vykdomas i pirkimo ... odkup podjetja fi Management buyout sv Management buyout zh ... more details
Unreferenced date December 2009 Orphan date February 2009 A leveraged lease is a lease in which the lessor puts up some of the money required to purchase the asset and borrows the rest from a lender . The lender is given a senior secured interest on the asset and an assignment of the lease and lease payments. The lessee makes payments to the lessor, who makes payments to the lender. The term may also refer to a lease agreement wherein the lessor, by borrowing funds from a lending institution, finances the purchase of the asset being leased. The lessor pays the lending institution back by way of the lease payments received from the lessee. Under the loan agreement, the lender has rights to the asset and the lease payments if the lessor defaults. In this type of lease, the lessor provides an Ownership equity equity portion often 20 to 50 of the equipment cost and lenders provide the balance on a nonrecourse debt basis. The lessor receives the tax benefits of ownership. DEFAULTSORT Leveraged Lease Category Credit ... more details
. See also Standard & Poor s br Syndicated Loan br LeveragedbuyoutLeveragedBuyout br S&P Leveraged Loan Index References Reflist External links http www.lcdcomps.com Leveraged Commentary & Data http .... The company also provides three market value weighted S&P Leveraged Loan Index indexes to the loan market the S&P LSTA Leveraged Loan Index, a broad based index designed to capture the performance of the invested U.S. institutional market the S&P LSTA U.S. Leveraged Loan 100 Index, designed to measure the performance of the liquid U.S. leveraged loan market and the S&P European Leveraged Loan Index ... market. Clients LCD s clients include most firms in the leveraged finance community, including securities ... more details
S&P Leveraged Loan Indexes S&P LL indexes are market value weighted market value weighted syndicated loan indexes based upon market weightings, spreads and interest payments. The S&P LSTA Leveraged Loan Index LLI covers the U.S. market back to 1997 and currently calculates on a daily basis. The S&P LSTA Leveraged Loan 100 Index LL100 dates back to 2002 and is a daily tradable index for the U.S. market that seeks to mirror the market weighted performance of the largest institutional leveraged loans, as determined by criteria. Its ticker on Bloomberg is SPBDLLB. ref cite web url http www.bloomberg.com ... marketdatasub.aspx?id 36 title About the S&P LSTA Leveraged Loan Index author date work publisher accessdate ... York isbn 0 07 146898 6 page 69 pages url accessdate ref The S&P European Leveraged Loan Index ELLI ... by S&P Leveraged Commentary & Data S&P LCD , a unit of Standard & Poor s Financial Services ..., including historical data back to January 1997. ref cite news title Leveraged Loan Index Lifts Off ... www.buysidetechnology.net public showPage.html?page 426446 title ELLI Unlocks European Leveraged Loan ... launches leveraged loan benchmark.html?Itemid 3&utm source straightstocks.com&utm medium sidebar&utm campaign rss title S&P Launches Leveraged Loan Benchmark author date work publisher accessdate March ... institutional leveraged loans in an effort to reflect the most liquid side of the market. On its ...?pid 20601087&sid axdat7dpovAs&refer home title Leveraged Loans Fall by Record as Bank Losses Deepen ... rally as leveraged loans reverse three week loss.html title IMS, Six Flags Rally as Leveraged Loans ... received from leading mark to market pricing vendors. The LLI utilizes LSTA Thomson Reuters Leveraged ... from the repayment of principal. Market Statistics S&P LSTA Leveraged Loan Index class wikitable ... 187.48 3.24 4.61 6.03 CAGR from inception 6.69 S&P European Leveraged Loan Index class wikitable Year ... 89.30 8.73 3.52 1.53 2009 43.82 128.44 0.06 2.48 3.30 CAGR from inception 3.55 S&P LSTA Leveraged ... more details
LBO may refer to Bowel obstruction large bowel obstruction Leveragedbuyout , a method of acquiring a company Lithium triborate LiB sub 3 sub O sub 5 sub , substance Left Business Observer , an economics newsletter published by Doug Henwood Disambig de LBO fr LBO it LBO ja LBO ... more details
Primary sources date August 2010 Infobox company company logo Image Charterhouse capital logo.png 200px Charterhouse Capital Partners company name Charterhouse Capital Partners company type Limited liability partnership foundation 1982 location London, England , UK industry Private Equity products Private equity fund s, Leveraged buyout s assets 8.4 billion homepage http www.charterhouse.co.uk www.charterhouse.co.uk See also Charterhouse Group Charterhouse Capital Partners is a private equity investment firm focusing on leveraged buyout of established, substantial businesses, based in Western Europe. Charterhouse focuses on a variety of industrial and commercial sectors, with focus on investments in chemicals, leisure, engineering and business support services. Charterhouse is based in London, England and was founded in 1982 as the European investment arm of Charterhouse Bank . The firm has approximately 8.4 billion of capital under management and was among the list of private equity firms 50 largest private equity firms globally. The firm s predecessors began managing private equity investments in the UK in 1975 and began pursuing leveraged buyout investments in 1982. In June 2001, the firm s management completed a management buyout from its then parent HSBC to become an independent investment firm. External links http www.charterhouse.co.uk Charterhouse Capital Partners company website Private equity firms Largest private equity firms Category Private equity firms of the United Kingdom UK private equity company stub fr Charterhouse Capital Partners ... more details
The Dickinson Robinson Group or DRG was a United Kingdom British paper, printing and packaging company founded in 1966 as a result of a merger of John Dickinson Stationery Ltd and E. S. & A. Robinson Ltd creating one of the world s largest stationery and packaging companies. Products with a high public profile included Sellotape and Basildon Bond company Basildon Bond . In 1989 Roland Franklin Pembridge Associates acquired DRG with a leveraged buyout and the assets of the company were stripped. Category Packaging companies ... more details
orphan date December 2007 Thin capitalisation rules determine how much of the interest paid on corporate debt is deductible for tax purposes. Such rules are primarily of interest to Financial Sponsor private equity firm s, which use significant amounts of debt to finance leveraged buyout s. References Article on thin capitalisation rules on AltAssets.com http www.altassets.com casefor sectors 2004 nz4664.php Category Corporate finance Category Rules ... more details
wiktionarypar leverage Leverage and leveraged may refer to The use of a lever Leverage dance , a type of dance connection Leverage finance , using given resources to magnify the financial outcome Leveragedbuyout , using debt to gain control of a company s equity Leverage negotiation Leverage statistics , a term in regression analysis Leverage TV series Leverage TV series Leverage football , a personal foul in American football when a defender, attempting to block a kick, uses a teammate as leverage to attain a better position specifically for jumping off a teammate See also Lever disambiguation disambig cs P ka de Leverage eu Palanka argipena fr Leverage homonymie it Leverage nl Leverage pt Alavancagem ... more details
Unreferenced date March 2010 Recapitalization is a sort of a corporate reorganization involving substantial change in a company s capital structure . Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. In more complicated transactions, mezzanine financing and other hybrid securities are involved. Types of Recapitalization Leveraged Recapitalization One example of recapitalization is a leveraged recapitalization , wherein the company issues Bond finance bonds to raise money, and then buys back its own shares. Usually, current shareholders retain control. The reasons for this sort of recapitalization include Desire of current shareholders to partially exit the investment Providing support of falling shareprice Disciplining the company that has excessive cash Protection from a hostile takeover Rebalancing positions within a holding company Leveraged Buyout Another example is a leveraged buyout , essentially a leveraged recapitalization initiated by an outside party. Usually, incumbent equityholders secede control. The reasons for this transaction may include Getting control over the company via a friendly or hostile takeover Disciplining the company with excessive cash Creating shareholder value via gradual debt repayment Nationalization Another example is a nationalization , wherein the nation in which the company is headquartered buys sufficient shares of the company to obtain a controlling interest . Usually, incumbent equityholders lose control. The reasons for nationalization may include Saving a very valuable company from bankruptcy Confiscation of assets Executing the eminent domain right See also Bailout References Corporate finance and investment banking econ term stub Category Economics terminology es Recapitalizaci n et Rekapitaliseerimine ... more details
advert date September 2011 notability date September 2011 Flexpoint Ford, LLC is a private equity firm focused on leveraged buyout , leveraged recapitalization , growth capital and rollup transactions. As of 2011, it manages approximately 1 billion in Stock equity and mezzanine capital invested in a wide range of financial services and healthcare companies. ref name about http www.flexpointford.com About Flexpoint Ford , company webpage ref Flexpoint Ford was formed in 2005 when several of the partners at GTCR left to start their own firm. In 2008 Flexpoint Partners was renamed Flexpoint Ford and Gerald J. Ford joined as a special limited partner. Prominent Employees Steven Begleiter External links http www.flexpointford.com Flexpoint Ford official website References reflist http cityroom.blogs.nytimes.com 2009 07 20 ex corporate wiz is playing his cards right NYTimes profile of Steven Begleiter s performance in the World Series of Poker . Category Private equity firms of the United States Category Companies based in Chicago, Illinois ... more details
Raymarine is a manufacturer of electronic equipment for marine use. The company targets both recreational and light commercial markets with their products, which include GPS Chartplotter s Marine VHF radio VHF Radios Digital Fishfinder s Sonar Radar Self steering gear Self steering gear Autohelm Autopilot Satellite television Software solutions The company was formed by a leveraged buyout of the consumer electronics branch of Raytheon corporation. With subsequent acquisitions it is now a major supplier of marine electronics. As of May 14th 2010 Raymarine is part of FLIR Systems. Bibliography http business.guardian.co.uk story 0,3604,1549762,00.html Guardian article on Raymarine http finance.google.com finance?q Raymarine Google Finance company profile http today.reuters.com stocks CompanyProfile.aspx?symbol RAY.L Reuters company profile . http www.raymarine.com raymarine Default.asp?site 1&Section 1&Page 969&Parent 963 History at Raymarine.com http www.prnewswire.com cgi bin micro stories.pl?ACCT 742575&TICK RTNB&STORY www story 01 30 2001 0001415198&EDATE Jan 2B30, 2B2001 Raytheon press release about leveraged buyout. http www.marlinmag.com article.jsp?ID 43683&destinationID Coverage of sponsorship http investors.flir.com releasedetail.cfm?ReleaseID 469938 FLIR Systems press release about purchase External links http www.raymarine.com raymarine Corporate Website Category Navigation system companies Category Marine electronics UK company stub nl Raymarine fi Raymarine ... more details
Infobox Company company logo Image Nordic capital logo.png Nordic Capital company name Nordic Capital company type Private Company Private Ownership foundation 1989 location Stockholm, Sweden industry Private Equity products Private equity fund s, Leveraged buyout s assets 4.5 billion homepage http www.nordiccapital.com www.nordiccapital.com Nordic Capital is a private equity investment firm focusing on leveraged buyout transactions primarily in the Nordic countries Nordic region e.g., Denmark , Finland , Norway and Sweden . Nordic invests across a broad array of industries and will invest in turnaround and growth capital transactions. Nordic is based in Stockholm, Sweden and was founded in 1989. The firm has approximately 4.5 billion of capital under management and was among the list of private equity firms 50 largest private equity firms globally. Since its foundation, Nordic Capital has acquired over 50 companies. External links http www.nordiccapital.se Nordic Capital company website br private equity company stub Private equity firms Largest private equity firms Category Private equity firms of the United States Category Companies of Sweden fi Nordic Capital sv Nordic Capital ... more details
HIG fund was originally launched with a 73 million hybrid leveragedbuyout venture capital ... situations platform, Bayside makes investments in companies with distressed or over leveraged ... leveraged buyouts and venture capital H.I.G. Capital Partners II 1998 255 million fund, focused on leveraged buyouts H.I.G. Venture Capital 1999 225 million fund, focused on venture capital H.I.G. Capital Partners III 2002 450 million fund, focused on leveraged buyouts Bayside Opportunity Fund ... fund, focused on venture capital H.I.G. Capital Partners IV 2006 750 million fund, focused on leveraged buyouts H.I.G. European Capital Partners 2007 600 EUR million fund, focused on European leveraged ... more details
File Dividend Recapitalization diagram.png thumb 300px Diagram of a dividend recapitalization where debt is issued to pay a dividend to shareholders A dividend recapitalization often referred to as a dividend recap in finance is a type of leveraged recapitalization in which a payment is made to shareholders. As opposed to a typical dividend which is paid regularly from the company s earnings, a dividend recapitalization occurs when a company raises debt e.g. by issuing Bond finance bonds to fund the dividend. These types of recapitalization can be minor adjustments to the capital structure of the company, or can be large changes involving a change in the power structure as well. As with other leveraged finance leveraged transactions , if a firm cannot make its debt payments, meet its loan covenant loan covenants or Rollover finance rollover its debt it enters financial distress which often leads to bankruptcy . Therefore, the additional debt burden of a leveraged recapitalization makes a firm more vulnerable to unexpected business problems including recessions and financial crises . Typically a dividend recapitalization will be pursued when the equity finance equity are seeking to realize value from a private company but do not want to sell their interest in the business. See also Private equity Leveraged recapitalization References refbegin http journalrecord.com 2010 11 29 dividend recapitalizations cash alternatives for private equity Dividend Recapitalizations Cash Alternatives for Private Equity . The Journal Record, November 29, 2010 http www.nytimes.com 2009 10 05 business economy 05simmons.html Profits for Buyout Firms as Company Debt Soared . New York Times, October 4, 2009 http query.nytimes.com gst fullpage.html?res 9F0DE1D91438F93AA1575AC0A9669D8B63 Private Equity Thrives Again, but Dark Shadows Loom . New York Times, September 29, 2010 refend Private equity and venture capital Corporate finance and investment banking state collapsed private equity stub ... more details
Orphan date February 2009 Managerial hubris is the unrealistic belief held by managers in bidding firms that they can manage the assets of a target firm more efficiently than the target firm s current management. Managerial hubris is one reason why a manager may choose to invest in a merger that on average generates no profit economics profit s. ref cite book title Strategic Management and Competitive Advantages author Jay B. Barney and William S. Hesterly pages 380 publisher Pearson Prentice Hall date 2008 isbn 0 13 613520 X ref See also Leveraged buyout References references Category Management Category Mergers and acquisitions ... more details
Infobox Company company name Primus Capital company logo Image Primus Capital logo.png 200px Primus Capital logo company type Private Company Private foundation 1983 founder Loyal Wilson, Bill Mulligan location Cleveland, Ohio , United States industry Private equity products Leveraged buyout , Growth capital assets 900 million homepage http www.primuscapital.com www.primuscapital.com num employees 15 Primus Capital is a private equity firm focused on growth capital , leveraged buyout and leveraged recapitalization investments in middle market companies . The firm invests primarily in companies in the business services, healthcare and for profit education sectors. The firm, which is based in Cleveland, Ohio , was founded in 1983 as Primus Ventures. Primus founders, Loyal Wilson and Bill Mulligan, worked together in the private equity group of First Chicago Corporation . The firm has raised approximately 900 million since inception across six funds. Primus completed fundraising for its sixth fund, with 275 million of investor commitments, in 2008, roughly the same size as its predecessor fund, raised in 2000. Primus has completed dozens of investments since inception. Among the most notable companies, in which Primus has invested include Three Eagles Communications , MetroPCS small Nyse2 PCS small , Athersys small Nasdaq2 ATHX small and Marlin Business Services small Nasdaq2 MRLN small . References reflist 2 refbegin refend External links http www.primuscapital.com Primus Capital company website private equity firms Category Private equity firms of the United States Category Companies established in 1983 US private equity company stub ... more details
Infobox Company company name Audax Group company logo Image Audax Group logo.png 100px Audax Group logo company type Private Company Private foundation 1999 founder location Boston, Massachusetts , United States industry Private equity products Leveraged buyout , Growth capital , Mezzanine capital , Senior debt assets 5.0 billion homepage http www.audaxgroup.com www.audaxgroup.com num employees 70 The Audax Group is a private equity investment firm focusing on leveraged buyout , growth capital , mezzanine capital and senior debt , primarily in middle market companies . The firm has approximately 70 employees, headquartered in Boston, Massachusetts Boston with a major office in New York, New York New York and an affiliate office in Shenzen, China . ref name OfficialSite cite web url http www.audaxgroup.com title Overview accessdate 2008 07 18 publisher Audax Group ref Audax manages over 5.0 billion across three businesses private equity, mezzanine debt, senior debt . ref name OfficialSite The firm was founded in 1999 by its co CEOs, Geoffrey Rehnert and Marc Wolpow. Previously, the two founders were Managing Directors at Bain Capital where they helped build the firm s buyout and debt businesses Rehnert was an original founder of Bain Capital in 1984 and Wolpow was a founder of Sankaty Advisors Bain Capital s credit arm . The founders of Audax created the firm to focus on middle market companies middle market investments. References Reflist 2 External links http www.audaxgroup.com Audax Group company website private equity firms Category Private equity firms of the United States US private equity company stub ... more details
Infobox Company company logo Image Charterhouse Group US logo.png 260px Charterhouse Group company name Charterhouse Group company type Private company Private foundation 1973 location New York, New York , United States industry Private Equity products Leveraged buyout s assets 2.0 billion homepage http www.charterhousegroup.com www.charterhousegroup.com See also Charterhouse Capital Partners Charterhouse Group is private equity firm focused on leveraged buyout investments in the US. The firm, which is based in New York City , was founded in 1973 and is one of the oldest buyout firms in the US. Since inception, the firm has raised more than 2 billion of capital from institutional investors across six private equity funds and has invested in over 100 companies. History Charterhouse was founded as the US based investment arm of Charterhouse Bank , based in London. In the 1980s, Charterhouse completed a spinout from its parent bank and became an independent investment firm. In 1989, the firm raised its first private equity fund , Charterhouse Equity Partners , with outside investors. Among Charterhouse s most notable investments, since its founding in the 1970s, are Dreyer s Grand Ice Cream Holdings , Cencom Cable Television , Charter Communications , Cornell Companies , Del Monte Corporation , Fleer Corporation , Insignia Financial Group , Lason , Amerifit Brands , Suddenlink Communications and MXenergy . External links http www.charterhousegroup.com Charterhouse Group company website US private equity company stub Private equity firms Category Private equity firms of the United States Category Companies based in New York City Category Companies established in 1973 ... more details
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