PPC will continue its successful strategy of deploying capital and operations expertise to partner with family- and entrepreneur-owned businesses in the manufactured products, services and healthcare sectors. Pritzker Private Capital acquires and operates middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. Ms. Vavruska and Mr. Brown will play integral roles in identifying and evaluating new opportunities to partner with leading middle-market business in the manufactured products and services sectors. Pritzker Private Capital adds specialty chemicals company Vertellus to portfolio, Banking Essentials Newsletter: 5th May Edition, Banking Essentials Newsletter: 19th April Edition, According to Market Intelligence, April 2023, Banking Essentials Newsletter: 5th April Edition. CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced the final closing of PPC III at its hard cap of $2.7 billion. Jon Jensen, NAI President and CEO, and NAIs existing management will continue to lead the business post-transaction. We believe there is a right way of doing business, and we strive to maintain fair, positive and transparent interactions with our management teams and business partners consistent with our core values of honesty, integrity andloyalty. Kirkland & Ellis LLP served as legal counsel to PPC, and Credit Suisse Securities (USA) LLC acted as private placement advisor and placement agent for the investment vehicle. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). Pritzker Group's permanent capital base brings significant advantages, including alignment with management teams, efficient decision-making and flexible transaction structures. Advances ESG Initiatives and Supports Strategy to Deploy Flexible Capital Across Manufactured Products and Services Sectors. We have a deeply rooted understanding and appreciation for building businesses. The PPC team shares our commitment to innovation and customer satisfaction, and is the ideal partner for our next phase of growth., Thomas Chadwick, Principal at Pritzker Private Capital added, NAI and Pritzker Private Capital share similar values and are guided by a commitment to serve our customers, team members and communities. Vertellus provides specialty products for various consumer goods, food and agriculture, healthcare and industrial markets. Founded in 2018, Pritzker Private Capital operates as an investment firm. We are pleased to partner with Jon and NAIs world-class team to support the impressive legacy of growth, safety and innovation of this leading business., NAI is proud to provide essential, custom connectivity solutions to a growing global base of blue-chip customers, said Mr. Jensen. Sectors of focus J.B. Pritzker speaks to the media in April after announcing his run for Illinois governor. This copy is for your personal, non-commercial use only. With Mr. Brannan's appointment, PPC advances its ESG strategy across the . We are thrilled to partner with Jon and the NAI team to continue innovating the connectivity solutions that are so important to the global economy.. We have dedicated teams with extensive investment and operating experience intwocore sectors. The firm first raised outside capital with the late 2017 launch of PPC II, which closed in July 2018 at its hard cap of $1.8 billion. For non-personal use or to order multiple copies, please contact To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Our flexible capital base brings significant advantages, including alignment with management teams, efficient decision-making and flexible transaction structures. CHICAGO Pritzker Private Capital (PPC) and HF Capital have acquired a significant stake in Monogram Foods, a Memphis, Tenn.-based manufacturer of meat snacks, corn dogs, frozen. Pritzker Private Capital is the famous VC, which was founded in 2002. Building successful businesses is at the foundation of Pritzker Private Capital. Please refer to our Terms of Use and Privacy Policy for important information regarding third-party links and related content. Founded in 1993, NAI is headquartered in Troy, Mich., with more than 3,000 employees across seven facilities worldwide. Promotion Recognizes Significant Contributions to the Firm's Manufactured Products Platform. Staple Street Capital purchased a 76% stake in the voting technology company in 2018 for $38.8 million. Pritzker Group Private Capital is an investor in leading middle-market businesses. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. Private Equitys First-Quarter Fundraising Dollars Hold Steady but Closings Fall, Ares Management Profit Lifted by Management Fees, Private Investors Looking to Capitalize on Nearshoring Trends Turn to Mexico, I Squared Capitals Andreas Moon Leaves Firm He Helped Build. The firms differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. "We believe that family direct investing, with the right strategy and the right team, is an attractive alternative to traditional private equity. For more information, visit www.nai-group.com. /marketintelligence/en/news-insights/latest-news-headlines/pritzker-private-capital-adds-specialty-chemicals-company-vertellus-to-portfolio-62002990 View latest Form ADV filed Part 2 Brochures. We apply this focus not only to guide our new investment activity, but also to provide experience and knowledge as we work with strong management teams to develop and execute strategies that create long-termvalue. J.B. Pritzker speaks to the media in April after announcing his run for Illinois governor. You are now being directed to a third-party website. Our long-duration capital base allows for efficient decision-making, flexibility in regard to transaction structure and investment horizon and a strategic alignment with all stakeholders, operators and sellers. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). Yahoo fa parte della famiglia di brand di Yahoo. Abernathy MacGregor Mr. Van Hulle and existing management will continue to lead the business. Pritzker Private Capital ("PPC"), a leader in family direct investing, today announced that Phillip Iler has rejoined the firm as Vice President - Manufactured Products. REGISTRATION STATUS. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies. Pritzker Private Capital acquires and operates North America-based middle-market companies. Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Where the organization is headquartered (e.g. The companys growing business platform employs more than 3,200 people across seven facilities worldwide, with nearly 600,000 square feet of production capacity. February 8, 1986, Chicago), who was the son of a Ukrainian Jewish immigrant who had come to Chicago in 1881 from Kiev. Find useful insights on Pritzker Private Capital's company details, tech stack, news alerts, competitors and more. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Oversubscribed Investment Vehicle Continues Success of Differentiated, Long-Duration Approach to Building Middle-Market Businesses. We are thrilled to partner with John and the Vertellus team to continue growing this market-leading business.. We have a deeply rooted understanding and appreciation for building businesses, and we are an ideal partner for entrepreneur- and family-owned companies. The Pritzker family has significant experience in building leading businesses over generations, including Hyatt Hotels and Marmon Group. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. With 900+ employees, Vertellus serves customers across the globe from its 10 international manufacturing facilities. Pritzker Group comprises three investment strategies:private capital,venture capital andasset management. Quando utilizzi i nostri siti e le nostre app, noi utilizziamo i. autenticare gli utenti, applicare misure di sicurezza e prevenire spam e abusi; misurare l'utilizzo dei nostri siti e delle nostre app. Vertellus is a leading specialty chemicals manufacturer with strong growth prospects and a compelling market opportunity, said Thomas Chadwick, Principal at Pritzker Private Capital. Pritzker Groups permanent capital base brings significant advantages, including alignment with management teams, efficient decision-making and flexible transaction structures. Institutional Quality Team, Infrastructure and Process. Group looking to raise money from other wealthy families. Pritzker Private Capital, which invests on behalf of the Pritzker and several other wealthy families, has wrapped up its third fund with $2.7 billion. https://www.businesswire.com/news/home/20210105005534/en/, Kibo Energy makes progress in pilot tests for biofuel projects, BP 1Q Underlying Replacement Cost Profit Rose on Quarter, Exceeding Expectations, Japan's Mitsui FY 2022/23 net profit up 24% on higher energy prices, Italian Design Brands prices IPO at 10.88 euros per share, Europeans cautious ahead of Fed and ECB decisions, JAL expects 60% profit rise in further post-pandemic recovery, Wagamama-owner Restaurant Group sees profit margin improving on 'encouraging' Q1, Ashtead Starts Buyback of Up to $500 Million, Norsk Hydro : Q1 23 witnessed further normalisation; waiting for a better entry point, Getinge : Strong Q1 23 in spite of ACT headwinds, UK house prices stabilise after mini-budget fall: Nationwide, UK's Superdry in talks with investors over 20% equity raise, Fortum board curbs executive pay after Finnish government opposition, Sanlorenzo announces acquisition of majority stake in Duerre, UK house prices stabilise in April after falls: Nationwide. 87990cbe856818d5eddac44c7b1cdeb8, Continue reading your article witha WSJ subscription, Already a subscriber? Se non vuoi che noi e i nostri partner utilizziamo i cookie e i dati personali per questi scopi aggiuntivi, clicca su "Rifiuta tutto". We are pleased to partner with John and the talented Vertellus team to continue providing best-in-class products and support to its customers. Pritzker Group comprises three investment strategies: private capital , venture capital and asset management. Pritzker Private Capital ("PPC"), a leader in family direct investing, is pleased to announce that it has named Marisa Vavruska and Spenser Brown as Vice Presidents on its investment team. SEC / JURISDICTION. Founded in 1857, Vertellus manufactures more than 700 products that are used in medical devices, vitamins, health & beauty, crop protection, fuel & lube, and other products. Oversubscribed and substantially exceeding its original target of $2.0 billion, PPC III is among the largest family investment vehicles raised in North America. our Subscriber Agreement and by copyright law. dps@abmac.com / kam@abmac.com, Internet Explorer presents a security risk. All rights reserved. The Company plays an important role in the development and production of in-demand consumer and industrial products, and we look forward to supporting Vertellus on its continued expansion and innovation excellence., Over our 150+ year history, Vertellus has built a culture committed to delivering industry-leading, high-quality products and services to our customers across the end markets we serve, said Mr. Van Hulle. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. NAI produces fiberoptic, copper and hybrid connectivity solutions that are essential in the emerging global markets for 5G, Internet of Things solutions and the evolution of medical devices and telehealth capabilities, among others. Investor partners in PPC's predecessor investment vehicle collectively exceeded their prior commitment levels in support of PPC III and are joined by other premier, long-term focused family groups and institutional investors from across North America, Europe and Asia. Bloomberg Surveillance: Early Edition. Executed internal and external audits in the private equity, hedge fund, mutual fund and family office industries. We have experienced investment and operating teams with deep domain expertise within two core sectors: manufactured products and services. Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. "Raising one of North America's largest family investment vehicles is an important milestone for our franchise and the overall family direct investment market," said Paul Carbone, President and Managing Partner of Pritzker Private Capital. Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. For more information, visit www.ppcpartners.com. REGISTRATION STATUS . For more information, visit PPCPartners.com. Active, Closed, Alternate or previous names for the organization, Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, This describes the type of investor this organization is (e.g. The Pritzkers history and the firms success give their companies access to an unparalleled network of advisors, strategic partners and customers. Per saperne di pi su come utilizziamo i tuoi dati personali, consulta la nostra Informativa sulla privacy e la nostra Informativa sui cookie. Fundraising for PPC III LP took about nine . The family's fortunes began with Abram Nicholas Pritzker (b. January 6, 1896, Chicago, Illinois, U.S.d. Today, Vertellus is one of the largest providers of unique specialty chemicals used in diverse applications, processes and market sectors, including agriculture, life sciences, industrial specialties, nutrition, personal care and plastics. The firm's differentiated, long- duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. All rights reserved. https://www.wsj.com/articles/pritzker-group-plans-to-raise-a-1-5-billion-private-equity-fund-1508855749. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Headquartered in Indianapolis, The Vertellus group of companies was originally founded in 1857 as a manufacturer of niche specialty products. Headquartered in Indianapolis, Ind., Vertellus is a leading provider of specialty chemicals for the healthcare, personal care, food & agriculture, coatings and transportation markets. Consistent with PPC's strategy of seeking to hold investments for the right duration, PPC III has a longer term compared to traditional private equity funds. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. CHICAGO--(BUSINESS WIRE)--Pritzker Private Capital (PPC), a leader in family direct investing, announced today that it has invested in NAI Group (NAI), a privately held manufacturer of connectivity solutions that power critical telecommunications, industrial and medical applications. Angel, Fund of Funds, Venture Capital). Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services and healthcare sectors. Pritzker Private Capital has already completed two investments in PPC III: ProAmpac and Vertellus. PPC is investing alongside John Van Hulle, President and CEO of Vertellus, as well as other members . Trick will lead the Manufactured Products group alongside Operating Partner Terry Sutter. Pritzker family, American family prominent in business and philanthropy during the later 20th century. Pritzker Private Capital is a family-owned business with a highly specialized approach: we seek to partner with leading, middle-market companies based in North America across the manufactured productsandservices sectors. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). Vertellus is a Responsible Care company. PPC is the ideal partner for our exciting next chapter., Michael Nelson, Head of Investing at PPC, added, Vertellus and PPC share a philosophy of building great companies for the long-term with a strong commitment to customers, employees and our communities. Besides, a startup requires to be at the age of more than 20 years to receive the investment from the fund. PPC University courses will support the professional . Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Troy, Mich.-headquartered NAI Group engineers and manufactures high-performance connectivity solutions that are essential in the global supply chains for key market drivers such as 5G build-out, Internet of Things solutions and the continued evolution of medical devices and telehealth. Veteran Digital and E-Commerce Executive to Advise on Commercial Activities Across Family of Companies. (646) 899-8118 / (646) 939-3062 We remain committed to our time-tested values of honesty, integrity and loyalty as we execute on the next phase of our firm's growth.". Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. The Company serves customers across the globe from 10 manufacturing facilities located in the United States, United Kingdom, India and China. We believe there is a right way of doing business, and we always strive to maintain fair, positive and transparent interactions with our management teams and business partners in order to live up to our core values of honesty, integrity and loyalty. PPC's Manufactured Products team aims to deploy significant capital investing in growth-focused packaging, food . The firms differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders.
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