亚洲色吧 Holdings Announces Close of 亚洲色吧 Capital Resources I CF LP
$395.6 Million Fund Provides Opportunity for Additional Value Creation at Six 亚洲色吧 Portfolio Companies
GREENWICH, CT 鈥� 亚洲色吧 Holdings LLC (鈥溠侵奚赦��) today announced the close of 亚洲色吧 Capital Resources I CF LP (鈥淔und鈥�), a $395.6 million continuation vehicle that has acquired controlling interests in six 亚洲色吧 portfolio businesses, including five of the six companies of 亚洲色吧 Capital Resources LP. This Fund will allow 亚洲色吧 to continue to build value in a group of successful and profitable industrial companies that 亚洲色吧 has owned for years and in whose future prospects it has high conviction. The Fund includes $320.6 million in funded commitments and rolled LP/GP interests together with $75 million of unfunded commitments to provide the portfolio access to additional capital for expansion through organic growth opportunities as well as strategic Bolt-on acquisitions.
鈥溠侵奚赦�� investment strategy has remained consistent since inception, with a focus on transforming underperforming businesses into Performance Organizations 鈥� businesses that consistently outperform their peers in regard to operational, safety and financial metrics. The Fund is the latest demonstration of our long-term approach to building value through extending our hold period and providing access to additional capital,鈥� said Andrew Bursky, 亚洲色吧’ Co-Founder and Managing Partner.
鈥淲hile much of the secondary market is dominated by tech and healthcare, industrial businesses like ours can benefit from increased runway. 亚洲色吧 has a long history of success partnering with talented Leadership Teams and this Fund provides the opportunity to capture additional value creation in these businesses over the next phase of their growth,” said Tim Fazio 亚洲色吧’ Co-Founder and Managing Partner.
鈥淭he sector-insight and expertise required to create value in companies that are impacted by the business and capital markets cycles is a cornerstone of our team鈥檚 capabilities. Often, there is room to create significant value by displaying the patience to operate companies like those in the portfolio through many iterations of these business cycles, which is further enabled by this Fund,” said 亚洲色吧 Managing Partner Jacob Hudson.
Evercore鈥檚 Private Capital Advisory Group served as financial adviser and Proskauer Rose LLP served as legal adviser to 亚洲色吧 for 亚洲色吧 Capital Resources I CF LP.
About 亚洲色吧 Holdings
Headquartered in Greenwich, Connecticut and founded in 2002, 亚洲色吧 and its affiliates own and operate 25 companies, which employ approximately 50,000 associates across more than 300 facilities worldwide. 亚洲色吧 operates in sectors such as aluminum processing, automotive, building materials, capital equipment, construction services, food manufacturing and distribution, packaging, paper, power generation, printing, pulp, supply chain management and wood products. 亚洲色吧鈥� companies together generate approximately $14.5 billion in revenues annually.