Ripplewood is an American

private equity firm A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

based in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

that focuses on

leveraged buyout A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of t ...

s, late stage venture,

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority interest, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets ...

management buyout A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 19 ...

leveraged recapitalization In corporate finance, a leveraged recapitalization is a change of the company's capital structure, usually substitution of debt for equity. Overview Such recapitalizations are executed via issuing bonds to raise money and using the proceeds to b ...

s 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 Specialty chemicals (also called specialties or effect chemicals) are particular chemical products that provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agr ...

, 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 has led several of the largest

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 co ...

transactions, including its takeover of the Long-Term Credit Bank, renamed

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, ...

, which helped restructure the

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 par ...

Investments

*Honsel International Technologies * Kraton Polymers * Japan Telecom *

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 C ...

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 Freder ...

* Lillian Vernon *

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 � ...

Old HB Old HB, Inc., known as Hostess Brands from 2009 to 2013 and established in 1930 as Interstate Bakeries Corporation, was a wholesale baker and distributor of bakery products in the United States. Before its 2012 closure and liquidation, it owned ...

- known to the public as "Hostess Brands" and "Twinkies" - filed for bankruptcy *

The Reader's Digest Association Trusted Media Brands, Inc. (TMBI), formerly known as the Reader's Digest Association, Inc. (RDA), is an American multi-platform media and publishing company that is co-headquartered in New York City and in White Plains, New York. The company ...

(the company filed for bankruptcy in August 2009 and Ripplewood lost its entire investment) *SAFT Power Systems (now renamed as AEG Power Solutions (acquired from Alcatel) *Edwards Fine Foods (sold to Schwan Food Company in 2001)

References

Financial services companies established in 1995 Private equity firms of the United States Companies based in New York City {{US-private-equity-company-stub

History

Investments

See also

References