Sun, Oct 13, 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. People: MFA announces 2019-2020 board of directors, Eastspring CIO departs amid broader restructuring, Former Two Sigma managing director Karyn Williams rolls out consulting firm[more]

    MFA announces 2019-2020 board of directors Opalesque Industry Update - Managed Funds Association (MFA), the leading trade association for the global alternative investment industry, today announced its 2019-2020 Board of Directors. The new Board represents a diversity of hedge fund firm

  2. PE/VC: Funding for China's private equity market falls by a third, US private equity fights its biggest political battle yet, U.K. DC plans could get higher returns by investing in venture capital[more]

    Funding for China's private equity market falls by a third From Axios: Private capital investment in China slowed markedly in the first half of the year, data from the Emerging Market Private Equity Association released Tuesday showed. By the numbers: Capital invested in China's private

  3. Venture firm Mithril Capital says it has been under assault by its former general counsel[more]

    It's been a strange year for Mithril Capital Management, the venture firm cofounded in 2012 by Peter Thiel and his longtime associate Ajay Royan. Though Mithril enjoyed its biggest exit to date in February, when Johnson & Johnson agreed to pay $3.4 billion, plus another potential $2.35 billion i

  4. Gen Z and Money: Will the youngest generation of adults drive FinTech?, Robo-Advisor to offer actively managed portfolios based on hedge fund holdings[more]

    Gen Z and Money: Will the youngest generation of adults drive FinTech? Findings released in the Logica Future of Money Study show that Gen Z is pioneering work opportunities in a social and tech-based workforce. Key findings also indicate an increasing interest in computer-based advice to

  5. CTAs slide in September[more]

    From Institutional Investor: Commodity trading advisers had a post-summer swoon in September. After posting two strong months of performance in July and August, the computer-driven strategy - also called managed futures - reported losses mostly ranging between 3 percent and 5 percent last month.