Thu, Aug 22, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Private Equity Strategies

Dealmakers Q&A: Quad-C Management Makes New Investments, Sales Sees A Strong Pipeline in 2014

Thursday, March 27, 2014

Charlottesville, Virginia-based Quad-C Management is making the first quarter of this year count with the announcement of five new investments and the sale of one of its portfolio companies. Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation/logistics companies.

“It has been a very active year for Quad-C. These investments are in-line with our focus areas. 2013 was a bit slower for us, but we’ve seen an uptick heading into this year,” says Steve Burns, Senior Partner at Quad-C. “The financing is really hot right now and we’re seeing better quality in the market than there has been.”

The five investments constitute four fresh transactions and one add-on. The investments include:

Interwrap: a global manufacturer of coated woven materials and multi-layer laminated substrates for industrial use.

Worldwide Express: a franchisor providing logistics services to small and medium size businesses.

EFC international: which provides specialty fasteners to automotive and industrial end markets.

Network Hardware International: which is a global provider of refurbished and surplus networking equipment, servers and optics as well as network equipment maintenance services.

The add-on investment went to Towncare Dental which is now part of the Dental Care Alliance, another Quad-C company. “DCA has been growing by acquisition and Towncare represents a significant addition there,” Burns adds.

Finally, Quad-C has also sold its portfolio company Cloverhill Bakery to Switzerland-based global food business ARYZTA AG. During Quad-C’s investment period, Cloverhill has invested approximately $100 million in growth capital and grown revenue by more than 80%.

Looking ahead, Burns says “it’s definitely a sellers market right now, the multiples for companies are better and the quality of companies out there are better.” He expects to see a slightly more active dealflow than last year. The company will be focusing on healthcare, industrials, and domestic manufacturing. “We think the US is looking a lot more attractive in terms of energy, freight and manufacturing and there aren’t a lot of firms out there with the expertise to find the great companies in that space.”

 
This article was published in Opalesque's Private Equity Strategies our monthly research update on the global private equity landscape including all sectors and market caps.
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies
Private Equity Strategies


Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. 6 out of 10 investors seek to move assets from UK amid brewing of perfect storm[more]

    Opalesque Industry Update - Six out of 10 investors are now actively seeking to move assets out of Britain as a perfect storm looks set to hit the UK economy, reveals a new poll. The survey of more than 740 clients carried out by deVere Group, one of the world's largest independent financial

  2. Investing: Hedge funds take record short bets against Aston Martin, Investor sentiment reaching reversal point, says Lipper,It's time to buy into this long-suffering strategy, Investors, 'starved for returns,' flood private markets in search of high-growth opportunities[more]

    Hedge funds take record short bets against Aston Martin From FT: Hedge funds have taken record short positions in the debt and equity of Aston Martin, betting that the luxury carmaker will continue to struggle after one of the most disastrous stock market debuts of recent years.

  3. Crayhill Capital Management closes $100M transportation financing in Mexico[more]

    Bailey McCann, Opalesque New York: Private credit shop Crayhill Capital Management is providing a senior secured credit facility of up to $100 million to Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico. Crayhill Capital Management is l

  4. People: Swedish AM hires long/short equity veteran, Cambridge University recruits new CIO from family office[more]

    Swedish AM hires long/short equity veteran From City Wire: Swedish asset manager Catella has hired Mattias Nilsson as a new portfolio manager to focus on long/short investing, the firm has announced. Nilsson will start on 26 August and will be part of the firm's long/short equity capabi

  5. Tech: European Central Bank confirms website hack and data breach, Google warns BILLIONS of website passwords have been hacked - how to check yours now, Jeffrey Tarrant saw artificial intelligence as the future of managing money[more]

    European Central Bank confirms website hack and data breach The European Central Bank (ECB), the central bank of the 19 European countries which have adopted the euro, has shut down a compromised website after it discovered that hackers had planted malware that stole information from ne