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Ripplewood Holdings LLC
Ripplewood is an American private equity firm based in New York City that focuses on leveraged buyouts, late stage venture, growth capital, management buyouts, leveraged recapitalizations and other illiquid investments. Ripplewood was founded by its current CEO, Tim Collins. Managing partners include Lawrence Lavine, Harris Williams and Michael C. Duran. The company's main interests range from telecommunications to banking to entertainment. The firm manages more than $10 billion in capital. History Founded in 1995, Ripplewood manages about $4.0 billion in four institutional private equity funds: Ripplewood Partners, L.P.; Ripplewood Partners II, L.P.; RHJ International, L.P. and New LTCB Partners C.V. The company invests in education publishing, telecom, automotive retail, specialty chemicals, consumer products & food manufacturing, and industrial products. Ripplewood has invested in nearly a dozen industry groups and in companies with more than $20 billion of revenue. It h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RHJ International-logo
BHF Kleinwort Benson Group (formerly RHJ International) was a French financial services group, formerly listed on the Euronext stock exchange in Belgium, with principal activities in wealth management, asset management and merchant banking. It was acquired by Oddo & Cie in 2016 and was later sold in the year to Amundi and Société Générale. In line with its strategy to transform itself into a focused financial services group, RHJI had also made a number of divestments from its legacy industrial portfolio and purchases of financial services companies during the 2010s. History Prior to being listed on the Euronext the company was a private equity fund run by Ripplewood Holdings. Timothy C. Collins, the founder of Ripplewood, was one of the company's largest shareholders and a director of the company. In October 2009, the company announced it would acquire Kleinwort Benson from Commerzbank AG for £225 million. This transaction closed in July 2010. Earlier in his career, RH ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Western Union to distribute content to a dozen news organizations in New York. Its first customer was Trans World Airlines. In 1963, Muschel recruited David Steinberg of the New York Herald Tribune to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Little Chef
Little Chef was a British chain of roadside restaurants; founded in 1958 by Sam Alper and Peter Merchant who were inspired by American Diner, diners. The chain was famous for the "Olympic Breakfast" – its version of a full English breakfast – as well as its "Early Starter" and "Jubilee Pancakes". The restaurants were mostly located on A roads, often paired with a Travelodge UK, Travelodge hotel, a Burger King and a petrol station. The chain was also located along Motorway, motorways in Moto Hospitality, Moto Services, for a time. The chain expanded rapidly throughout the 1970s, with its parent company acquiring its only major competitor, Happy Eater, in the 1980s. After all Happy Eater locations were converted to the Little Chef fascia in the late 1990s, the chain peaked with 439 restaurants. Little Chef began to face decline in the early 2000s, mainly due to over-expansion, meaning it could not properly invest in all of its locations. By the end of 2005, almost half of its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lillian Vernon
Lillian Vernon Corporation is an American catalog merchant and online retailer that sells household, children's and fashion accessory products. Founded in 1951 by Lillian Vernon ( a/k/a Lillian Menasche), out of her Mount Vernon, New York, apartment; the business name is a combination of her first name and her hometown. History Lillian Vernon was started by Lillian Menasche at the age of twenty-four, by placing advertisements in ''Seventeen'' magazine for personalized purses and belts. As a result of this success, the Vernon Specialties Company became focused on products for young women by advertising in magazines focused on that emergent market. The Lillian Vernon Catalog, which the company launched in 1956, became an iconic shopping resource for American women, much like its competitor, the Sears catalog. Produced monthly, the catalog was typically 120 pages and usually featured 750 items. In response to a catalog and shopping mall boom in the United States in the 1980s, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denon
is a Japanese electronics company dealing with audio equipment. The Denon brand came from a merger of Denki Onkyo (not to be confused with the other Onkyo) and others in 1939. It originally started as Nippon Chikuonki Shoukai in 1910 by Frederick Whitney Horn, an American entrepreneur. Denon produced the first cylinder audio media in Japan and players to play them. Decades later, Denon was involved in the early stages of development of digital audio technology, while specializing in the manufacture of high-fidelity professional and consumer audio equipment. Denon made Japan's first professional disc recorder and used it to record the Hirohito surrender broadcast. For many decades, Denon was a brand name of Nippon Columbia, Nippon-Columbia, including the Nippon Columbia record label. In 2001, Denon was spun off as a separate company with 98% held by Ripplewood Holdings and 2% by Hitachi. In 2002, Denon merged with Marantz to form D&M Holdings. On March 1, 2017, Sound United LLC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia Music Entertainment
, often pronounced ''Korombia'', operating internationally as , is a Japanese record label founded in 1910 as Nipponophone Co., Ltd. It affiliated itself with the Columbia Graphophone Company of the United Kingdom and adopted the standard UK Columbia trademarks (the "Magic Notes") in 1931. The company changed its name to Nippon Columbia Co., Ltd. in 1946. It used the Nippon Columbia name until October 1, 2002, when it became . On October 1, 2010, the company returned to its current name. Outside Japan, the company operated formerly as the Savoy Label Group, which releases recordings on the SLG, Savoy Jazz, and continues to operate as Denon. It also manufactured electronic products under the Denon brand name until 2001. In 2017, Concord Music acquired Savoy Label Group. Nippon Columbia also licensed Hanna-Barbera properties in Japan until those rights were transferred to Turner Home Entertainment sometime in 1997. Currently, these rights are owned by Warner Bros. Japan LLC. O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Telecom
SoftBank Telecom Corporation (), previously as Japan Telecom Co. Ltd. (,Nippon Terekomu Kabushiki-gaisha) was a Japanese telephone company of the SoftBank group. It provides services to businesses and consumers in Japan. It provides long-distance telephone service, international call service, and direct connection fixed-line voice service. In addition, it engages in the billing and collecting fees for the telephony service; consulting, development and establishment of telecommunication system; and provision of information processing and providing service. On 1 April 2015 Softbank Telecom Corp. merged into Softbank Mobile Corp. and ceased to exist as a separate entity. Timeline *1984-10: Japanese Telecom Telegraph was founded. *1986-08: Japanese Telecom Telegraph launches leased circuit services *1986-12: Railway Telecommunication ( JR Telecom, or JR Tsushin) established *1989-05: Railway Telecommunication merges with Japan Telecom *2002-08: Company name was changed to Japan Tel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kraton (polymer)
Kraton is the trade name given to a number of high-performance elastomers manufactured by Kraton Polymers, and used as synthetic replacements for rubber. Kraton polymers offer many of the properties of natural rubber, such as flexibility, high traction, and sealing abilities, but with increased resistance to heat, weathering, and chemicals. Company The origin of Kraton polymers goes back to the synthetic rubber (GR-S) program funded by the U.S. government during World War II to develop and establish a domestic supply capability for synthetic styrene butadiene rubber (SBR) as an alternative to natural rubber. Shell Oil Company purchased the Torrance, California facility from the U.S. government that was built to make synthetic styrene butadiene rubber. The company formed Elastomers Division that eventually became Kraton Corporation. Shell Oil Company broaden the product portfolio of elastomers in the 1950s, under the technical leadership of Murray Luftglass and Norman R. Legge. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japanese Economy
The economy of Japan is a highly developed mixed economy, often referred to as an East Asian model. According to the IMF forecast for 2025, it will be the fifth-largest economy in the world by nominal GDP as well as by purchasing power parity (PPP) by the end of the year. It constituted 3.7% of the world's economy on a nominal basis in 2024. According to the same forecast, the country's per capita GDP (PPP) will be $54,678 (2025). Due to a volatile currency exchange rate, Japan's nominal GDP as measured in American dollars fluctuates sharply. A founding member of the G7 and an early member of the OECD, Japan was the first country in Asia to achieve developed country status. In 2018, Japan was the fourth-largest in the world both as an importer and as an exporter. The country also has the world's fourth-largest consumer market. Japan used to run a considerable trade surplus, but the decline of the manufacturing sector since the 1980s and increased fossil fuel imports a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shinsei Bank
is a leading diversified Japanese financial institution that provides a full range of financial products and services to both institutional and individual customers. It is owned by SBI Holdings, SBI Group and headquartered in Chuo, Tokyo, Chuo, Tokyo. It results from the 2000 rebranding of the former Long-Term Credit Bank of Japan, under new ownership. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan (LTCB), which had a government monopoly on the issuance of many long-term debt securities. Following the collapse of the Japanese asset price bubble in 1989, the bank was riddled with bad debts: the government nationalized it in 1998, and it was delisted from the Tokyo Stock Exchange. After several proposed mergers with domestic banks, LTCB was sold to an international group led by US-based Ripplewood Holdings in March 2000 for ¥121 billion ($1.2 billion U.S.), the first time in history that a Japanese bank came under foreign control. Investor Christ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long-Term Credit Bank
The , abbreviated LTCB in English and in Japanese, was a Japanese bank founded in 1952 under the direction of the Shigeru Yoshida government to provide long-term financing to various industries in Japan. Along with the Industrial Bank of Japan and the Nippon Kangyo Bank, it was one of the major financiers of the postwar economic development of Japan. Following extensive problems with bad debt in the 1990s, the bank was nationalized in 1998, and finally sold in 2000 to a group led by US-based Ripplewood Holdings in the first foreign acquisition of a Japanese bank. Also in 2000, it was rebranded as Shinsei Bank. History The Diet of Japan enacted a Long-Term Credit Bank Act in June 1952 which became effective that December, and LTCB was incorporated as a stock company (''kabushiki kaisha'') with headquarters in the Kudan district of north-central Tokyo. It opened branches in Osaka and Sapporo in 1953, and established agencies at various regional banks. LTCB was almost immediatel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
