Associated tags: Littlejohn & Co., Professional Services, Finance, Littlejohn
Locations: NEW JERSEY, NEW YORK, VIRGINIA, MEXICO, NEW YORK CITY, ARES, ARIZONA, NEVADA, NEW MEXICO, MARYLAND, DISTRICT OF COLUMBIA, VA, UNITED STATES, NORTH AMERICA, CONNECTICUT, BA, CLARENDON, CT, NORTH CAROLINA, FLORIDA
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K–12 Under the terms of the agreement, Kelly will acquire MRP for $425 million in cash to be paid at close, with additional earnout potential of up to $60 million based on certain performance criteria.
Key Points:
- Under the terms of the agreement, Kelly will acquire MRP for $425 million in cash to be paid at close, with additional earnout potential of up to $60 million based on certain performance criteria.
- The transaction is expected to close in the second quarter of 2024, subject to receipt of required regulatory approvals and other customary closing conditions.
- Houlihan Lokey is serving as financial advisor to Kelly with Jasso Lopez PLLC serving as its legal counsel.
- Robert W. Baird is serving as the financial advisor to MRP with Baker Hostetler serving as its legal counsel.
Asset Management,
Professional Services,
Finance,
CSX Corporation,
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Transport,
STG,
Senior,
MBA,
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Littlejohn & Co.,
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Chase Bank,
Management Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.
Key Points:
- Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that Farrukh Bezar has joined the firm as an Operating Advisor.
- In this role, Mr. Bezar will work closely with Littlejohn’s transportation and logistics team to identify attractive investment opportunities and support our logistics portfolio companies as they refine their go-to-market strategies, drive growth, and improve profitability.
- His previous experience includes senior leadership roles within the transportation and logistics functions at Clarendon, Booz Allen Hamilton, and A.T. Kearney.
- He currently serves on the boards of Littlejohn portfolio company, Magnate Worldwide, as well as STG and the Northwestern Transportation Advisory Board.
Professional Services,
HVAC,
Other Construction & Property,
Manufacturing,
Finance,
Construction & Property,
Other Manufacturing,
Growth,
Air conditioning,
Acquisition,
UAT,
Littlejohn & Co. Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, announced that it has acquired United Air Temp, Air Conditioning and Heating (“UAT”), a leading provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S. As part of the transaction, UAT’s senior management team, led by CEO Michael Giordano, will remain significant investors in the company.
Key Points:
- Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, announced that it has acquired United Air Temp, Air Conditioning and Heating (“UAT”), a leading provider of HVAC and plumbing services to residential homeowners in the Mid-Atlantic and Southeastern U.S. As part of the transaction, UAT’s senior management team, led by CEO Michael Giordano, will remain significant investors in the company.
- Founded in 1931 and headquartered in Lorton, VA, UAT provides heating and cooling system installation, repair, and maintenance services, indoor air quality, and plumbing services to homeowners across Washington D.C., Maryland, Virginia, North Carolina, and Florida.
- With a legacy dating back nearly 100 years, UAT is supported by an exceptional base of over 850 employees.
- Troutman Pepper acted as legal counsel to Littlejohn in connection with the acquisition.
Retrieved on:
Thursday, February 29, 2024
WINSTON-SALEM, N.C., Feb. 29, 2024 /PRNewswire/ -- The Cook & Boardman Group LLC ("Cook & Boardman" or "C&B"), the leading specialty distributor of commercial entry solutions and systems integration services has announced the acquisition of Lanmor Services, Inc and Lanmor Services of Nevada, LLC. Terms of the transaction were not disclosed.
Key Points:
- WINSTON-SALEM, N.C., Feb. 29, 2024 /PRNewswire/ -- The Cook & Boardman Group LLC ("Cook & Boardman" or "C&B"), the leading specialty distributor of commercial entry solutions and systems integration services has announced the acquisition of Lanmor Services, Inc and Lanmor Services of Nevada, LLC.
- We are thrilled to welcome Kip and his team to the Cook & Boardman family of companies," said David Eisner, Chief Executive Officer of C&B."
- Adding our 20+ years of combined security integrator experience along with the synergies of the 2 businesses, Cook & Boardman will further as the nation's fastest growing providers of integrated security solutions."
- Platinum Equity acquired a majority interest in Cook & Boardman in 2023.
Retrieved on:
Tuesday, January 30, 2024
Professional Services,
Other Construction & Property,
Manufacturing,
Finance,
Construction & Property,
Other Manufacturing,
Partnership,
Growth,
CNM,
Water,
Acquisition,
Workforce,
Management Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has entered into a definitive agreement to sell Dana Kepner Company, LLC, (“Dana Kepner” or the “Company”), a premium supplier of water works material and services serving municipalities and contractors, to Core & Main Inc. (“Core & Main”) (NYSE: CNM).
Key Points:
- Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has entered into a definitive agreement to sell Dana Kepner Company, LLC, (“Dana Kepner” or the “Company”), a premium supplier of water works material and services serving municipalities and contractors, to Core & Main Inc. (“Core & Main”) (NYSE: CNM).
- Based in Denver, Colorado and founded in 1933, Dana Kepner is a leading water and wastewater distributor serving eight states.
- Steven Raich, Managing Director at Littlejohn, said, “We are proud to have supported the development and growth of Dana Kepner’s business over the last three years.
- We wish them continued success in partnership with Core & Main.”
Dave Wickett, Chief Executive Officer at Dana Kepner, said, “Littlejohn has deep knowledge of scaling distribution businesses and their team’s close partnership with our management team has been invaluable.
Retrieved on:
Thursday, February 1, 2024
The company serves the biotech, higher education, hospitality, healthcare and retail markets on the west coast.
Key Points:
- The company serves the biotech, higher education, hospitality, healthcare and retail markets on the west coast.
- "We are thrilled to welcome Discovery Door to the Cook & Boardman family of companies," said David Eisner, Chief Executive Officer of C&B.
- "Discovery has earned customers' respect and loyalty by providing quality products and best-in-class installation services," noted company founder, Kevin Wilsey.
- The company will continue to operate under the Discovery name and customer contacts will remain unchanged as a result of the acquisition.
Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has promoted nine individuals across firm disciplines.
Key Points:
- Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has promoted nine individuals across firm disciplines.
- The promotions include:
Courtney Hagen has been promoted to Managing Director and Chief Talent Officer.
- Hussein Abdelhalim has been promoted to Senior Director, Value Creation
Michael Klein, Chief Executive Officer at Littlejohn, said, “These promotions across all facets of our organization reflect Littlejohn’s commitment to recognizing and rewarding excellence and building a best-in-class team.
- We are confident that the elevated roles of these talented individuals will further strengthen our firm and look forward to their continued success at Littlejohn.”
Retrieved on:
Tuesday, October 24, 2023
Finance,
Environment,
Recycling,
Professional Services,
Asset Management,
JP,
NYSE,
Kirkland & Ellis,
Interstate Highway System,
Growth,
JPMorgan Chase,
Partnership,
IWS,
Culture,
Houlihan Lokey,
Equity (finance),
Sheppard,
Financial services,
Littlejohn Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.
Key Points:
- Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.
- Littlejohn and Ares funds will each have significant ownership stakes in the Company.
- “We are proud to work with Ares as we continue to strategically build IWS services and capabilities for customers,” said Brian Michaud, a Managing Director at Littlejohn.
- Baird served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Ares.
Retrieved on:
Wednesday, September 6, 2023
Building Systems,
Other Construction & Property,
Professional Services,
Other Professional Services,
Construction & Property,
Compass Group,
Littlejohn,
Littlejohn & Co.,
Division,
Growth,
Pritchard,
Morrison Management Specialists,
Management Pritchard Industries, a leading provider of essential, recurring facility services and portfolio company of Littlejohn & Co., LLC, has appointed Erin Meehan as Chief Executive Officer, effective immediately.
Key Points:
- Pritchard Industries, a leading provider of essential, recurring facility services and portfolio company of Littlejohn & Co., LLC, has appointed Erin Meehan as Chief Executive Officer, effective immediately.
- Ms. Meehan brings more than two decades of facilities services leadership experience to Pritchard, most recently serving as Division President at Morrison Healthcare, a division of the Compass Group, with a distinguished record of leadership, value creation, and profitable growth.
- At Morrison Healthcare, Ms. Meehan achieved strong organic and inorganic business growth while maintaining excellent client service and retention.
- “We are thrilled to have Erin join Pritchard as CEO,” said Brian Michaud, Managing Director at Littlejohn & Co. “She brings a strong track record of commercial and operational excellence, and we look forward to working with Erin and the team at Pritchard as they continue to build a premier facilities services platform.”
Ms. Meehan added, “I am excited to join the Pritchard team and further the Company’s mission to provide world class service quality to a loyal customer base.
Professional Services,
Finance,
Business development,
Private equity,
Deutsche Bank,
Investment,
Georgetown University,
Capital formation,
Business administration,
Houlihan Lokey,
National Association,
Security (finance),
Science Littlejohn & Co. LLC (“Littlejohn” or the “Firm”), a private investment firm based in Greenwich, CT, today announced that Philip Lo has joined the Firm as Managing Director of Capital Formation in the Private Equity group.
Key Points:
- Littlejohn & Co. LLC (“Littlejohn” or the “Firm”), a private investment firm based in Greenwich, CT, today announced that Philip Lo has joined the Firm as Managing Director of Capital Formation in the Private Equity group.
- In this new role, he will oversee fundraising and investor development for Littlejohn’s private equity funds.
- “Philip is a seasoned investment and business development professional with a deep, global network of relationships across the institutional investment community.
- Lo served as Partner, Investor Relations, and Business Development, for GPI Capital, a growth equity firm, where he led the firm’s fundraising and business development efforts.
