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Ripplewood
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. 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 has led s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Long-Term Credit Bank
, abbreviated LTCB in English and in Japanese, was 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 Dai-Ichi Kangyo Bank, Nippon Kangyo Bank, it was one of the major financiers of the postwar economic development of Japan. After 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; it is now known 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 immediately profitable, owing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tim Collins (financier)
Timothy C. Collins, born 1956, is the founder, senior managing director, and chief executive officer of Ripplewood Holdings LLC. He is also a member of the board of directors of Citigroup. Collins is a director of several public companies as well as some of Ripplewood's private portfolio companies. History and education Collins was born in Frankfort, Kentucky. He has a B.A. degree in philosophy from DePauw University (1978), and an MBA from Yale School of Management. He began his career in finance, marketing, and manufacturing at Cummins Engine Company. From 1981 to 1984, he worked with the management consulting firm of Booz & Company, specializing in strategic and operational assignments with major industrial and financial firms. He became a vice president at Lazard Frères in New York, then managed Onex Corporation’s New York office. He also served on in many of company boards including Asbury Automotive, Shinsei Bank, Advanced Auto, Rental Services Corp. Public service He i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RHJ International-logo
BHF Kleinwort Benson Group (formerly RHJ International) was a 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 et Cie, 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 Hambros, Kleinwort Benson from Commerzbank AG for £225 million. This transaction closed in July 2010. E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RHJ International
BHF Kleinwort Benson Group (formerly RHJ International) was a 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, RHJI's CE ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Denon
is a Japanese electronics company started 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, including the Nippon Columbia record label. The Denon brand came from a merger of Denki Onkyo (not to be confused with the other Onkyo) and others in 1939. 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 completed the acquisition of D+M Holdings. History The company was initially named ... [...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 offers many of the properties of natural rubber, such as flexibility, high traction, and sealing abilities, but with increased resistance to heat, weathering, and chemicals. It was first made by the chemical division of the Shell Oil Company in the 1950s, under the technical leadership of Murray Luftglass and Norman R. Legge. Shell sold its Kraton polymers business to private equity firm Ripplewood Holdings in March 2001. Properties Kraton polymers are styrenic block copolymer (SBC) consisting of polystyrene blocks and rubber blocks. The rubber blocks consist of polybutadiene, polyisoprene or their hydrogenated equivalents. The tri-block with polystyrene blocks at both extremities linked together by a rubber block is the most important polymer structure observed in SBC. If the rubber block consist of polybutadie ... [...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 Group and headquartered in Chuo, Tokyo. History SBI Shinsei Bank is the successor of the Long-Term Credit Bank of Japan, 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 Christopher Flowers also played a major role in the buyout syndicate and remained a key shareholder of the company until August 2019, when the J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 the Hostess, Wonder Bread, Nature's Pride, Dolly Madison, Butternut Breads, and Drake's brands. For many years the company was called Interstate Bakeries and based at 12 East Armour Boulevard, Kansas City, Missouri. In 2009, after it emerged from a 2004 bankruptcy, its name was changed to Hostess Brands and its headquarters moved to Irving, Texas. Hostess Brands sought bankruptcy protection again in January 2012. On November 16, 2012, the company filed a motion in United States Bankruptcy Court for the Southern District of New York in White Plains to close its business and sell its assets. On November 21, the motion was accepted and a judge agreed to sell the Hostess brands. The Hostess and Dolly Madison brands are now produced by Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Growth Capital
Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business. Companies that seek growth capital will often do so to finance a transformational event in their lifecycle. These companies are likely to be more mature than venture capital funded companies, able to generate revenue and profit but unable to generate sufficient cash to fund major expansions, acquisitions or other investments. Because of this lack of scale, these companies generally can find few alternative conduits to secure capital for growth, so access to growth equity can be critical to pursue necessary facility expansion, sales and marketing initiatives, equipment purchases, and new product development. Growth capital can also be used to effect a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a type of ownership of assets ( financial equity) and is a class of assets (debt securities and equity securities), which function as modes of financial management for operating private companies that are not publicly traded in a stock exchange. Private-equity capital is invested into a target company either by an investment management company (private equity firm), or by a venture capital fund, or by an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Each category of investor provides working capital to the target company to finance the expansion of the company with the development of new products and services, the restructuring ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Little Chef
Little Chef was a chain of restaurants in the United Kingdom, founded in 1958 by entrepreneur Sam Alper, who was inspired by American diners. The chain was famous for the "Olympic Breakfast" – its version of a full English – as well as its "Early Starter" and "Jubilee Pancakes". The restaurants were mostly located on the roadside near A roads, often paired with a Travelodge motel, a Burger King and a petrol station. The chain was also located along motorways in Moto Services, for a time. The chain expanded rapidly throughout the 1970s, and its parent company would acquire the Happy Eater chain in the 1980s, its only major roadside competitor. When its owners converted all Happy Eater restaurants to Little Chef in the late 1990s, this allowed it to peak in scale with 439 restaurants. Little Chef began to face decline in the early 2000s, this mainly due to the chain expanding too fast, meaning it could not properly invest in all of its locations. Compared to its peak in th ... [...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, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
