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CCMP CAPITAL RAISES $3.4 BILLION FUNDNEW YORK, October 30, 2007 – CCMP Capital Advisors, LLC (“CCMP Capital"), a leading New York-based private equity firm, today announced the closing of CCMP Capital Investors II, L.P. (“CCMP II”) with total capital commitments of $3.4 billion. Through CCMP II, the firm will continue to leverage its deep industry expertise and global capabilities as it focuses on buyout and growth equity investment opportunities in the United States, Europe and Asia. The closing of CCMP II increases the amount of CCMP Capital’s assets under management and committed capital to $10 billion. CCMP Capital’s founders have led numerous buyout and growth equity investments, having invested over $12 billion since 1984 in the consumer, energy, healthcare, industrial and media sectors. Through active management and its powerful value creation model, CCMP Capital’s team has established a reputation as a world-class investment partner. “The closing of CCMP II is both a significant milestone for our firm and a recognition of the success of our investment strategy, which has generated superior returns for our investors,” said Stephen P. Murray, CCMP Capital President & Chief Executive Officer. “We believe that exciting investment opportunities have been created by current market conditions and we are well positioned to pursue and capitalize on these opportunities.” Jeffrey C. Walker, CCMP Capital Chairman said, “We are confident that CCMP Capital’s strategy is the right one for the current environment to take advantage of our experience and strengths. CCMP II was met with considerable enthusiasm among investors and has a more diversified base of investors than our previous fund, which we also view as a strong endorsement of our investment approach.” CCMP II has already invested in three companies, two in the industrial sector and one in the consumer sector. These are: • Generac Power Systems, the leading North American manufacturer of standby power generators for residential, light-commercial and industrial usage manufactured in Wisconsin and Iowa; • Edwards, the U.K.-based, leading global manufacturer of highly engineered vacuum products for the semiconductor and general vacuum markets; and, • Aramark, one of the largest food and support services and uniform providers in the world to healthcare institutions, universities, schools, stadiums and arenas, and businesses. With its deep industry expertise, its global resources, the discipline to create value through growth and active portfolio management, CCMP Capital is uniquely positioned in the large mid-cap space. About CCMP Capital CCMP Capital Advisors, LLC, is a leading global private equity firm specializing in buyouts and growth equity investments in companies ranging from $500 million to over $3 billion in size. CCMP Capital’s founders have invested over $12 billion since 1984 in five primary industries: Consumer, Retail and Services; Energy; Healthcare Infrastructure; Industrials; and Media and Telecom. Selected investments include: Aramark, Edwards, Generac Power Systems, Grupo Corporativo ONO, Hanley Wood, Quiznos Sub, SafetyKleen Europe and Warner Chilcott. CCMP Capital has offices in New York and London, and is affiliated with CCMP Capital Asia which has offices in Australia, China, Japan and Korea. Through active management, its global resources and its powerful value creation model, CCMP Capital has established a reputation as a world-class investment partner. For more information, please visit www.ccmpcapital.com. CCMP Capital is a registered investment adviser with the Securities and Exchange Commission. # # # Contact: Lisa Baker Owen Blicksilver PR, Inc. +1 914-725-5949 lisa@blicksilverpr.com Back to Press Releases |
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The historical information presented may reflect the activities of the professionals of CCMP Capital Advisors, LLC (together with its affiliates, “CCMP Capital”) while they were members of J.P. Morgan Partners, LLC ("JPMP"), a private equity division of JPMorgan Chase & Co. prior to CCMP Capital's commencing operations. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to purchase any investments or securities of any investment vehicles. © 2008 CCMP CAPITAL ADVISORS, LLC. All rights reserved. |
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