Ripplewood 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 leve ...

based 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 ...

that focuses 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 loan ...

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 investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mark ...

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 buyout became noted phenomena of 1 ...

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 bu ...

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. 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 Speciality chemicals (also called specialties or effect chemicals) are particular chemical products which 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 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 ty ...

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 Group and headquartered in Chuo, Tokyo. History SBI Shinsei ...

, which helped restructure the

Japanese economy The economy of Japan is a highly developed social market economy, often referred to as an East Asian model. It is the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity (PPP). It is the world's seco ...

Investments

*Honsel International Technologies * Kraton Polymers *

Japan Telecom SoftBank Telecom Corporation ( ja, ソフトバンクテレコム会社), previously as Japan Telecom Co. Ltd. ( ja, 日本テレコム株式会社, links=no,Nippon Terekomu Kabushiki-gaisha) was a Japanese telephone company of the SoftBank gro ...

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 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 de ...

* Lillian Vernon *

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 it ...

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 White Plains, New York. The company was ...

(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 Alcatel may refer to: * Alcatel, a former French telecommunications equipment company, which became Alcatel-Lucent and is now part of Nokia * Alcatel Mobile, a brand of mobile phones, tablets and wearables, formerly a joint venture between Alcatel ...

) *Edwards Fine Foods (sold to

Schwan Food Company Schwan's Company, formerly known as The Schwan Food Company, is a food company with approximately 7,500 employees. Having originated in the United States as a family-owned business, since 2019 the company has been a subsidiary of CJ CheilJedang o ...

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

Investments

See also

References