Vestar Capital Partners is an American
private equity firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including lev ...
focusing on
leveraged buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...
transactions in middle-market companies in the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
.
["About Us"]
8/27/08
The firm, which was founded in 1988, is headquartered in
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
with offices in
Boston, Massachusetts and
Denver, Colorado
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
, in the U.S.
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.
Vestar-Led Group In M&H Buyout
New York Times, August 12, 1988 Four of the original founders -- Daniel O'Connell, Norman Alpert, Robert Rosner, and James Kelley -- are still with the firm.
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.
Investment funds
Since its inception in 1988, Vestar has raised seven private equity fund
A private equity fund (abbreviated as PE fund) is a collective investment scheme used for making investments in various equity (and to a lesser extent debt) securities according to one of the investment strategies associated with private equity ...
s with total investor commitments of more than $8 billion. The first six of those funds have been fully invested. Vestar Capital Partners VII is actively evaluating U.S middle-market investment opportunities.
*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
External links
Vestar Capital Partners
(company website)
{{Private equity firms
Private equity firms of the United States
Financial services companies established in 1988
Companies based in New York City