Vision Source, a network of independent optometrists and dentists in the portfolio of Brazos Private Equity Partners, has completed a dividend recapitalization. Italian authorities arrested three people and were looking for a fourth suspect who they believe trafficked up to 200 migrants aboard a wooden boat that smashed apart on rocks off southern Italy on Sunday, killing at least 65 people. The project is currently active. T&D project contracts remain flat in July 2022. One of Pitchbooks conclusions is that better GPs often have quicker than average exits since these folks make good investments in the first place, its easier for them to exit quickly. Shelter Distribution focuses primarily on retrofit and residential markets. Click Over the past ten years, Brazos has compiled a strong track record of distribution investments that have created significant value for our investors. Brazos has significant experience acquiring, growing and monetizing distribution businesses. NRG owns power generation plants and operates facilities for third parties. Brazos Wind Ranch is a 160MW onshore wind power project. For additional information about Brazos, please visit the firm's website atwww.brazospartners.com. Brazos II closed in 2005 with commitments of $400 million. The company also offers energy and specialty services. -John Jenkins, DealLawyers.com October 30, 2019, Great. By downloading this Report, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services. Private equity activity related to environmental sustainability decreased by 7% in the power industry in Q3 2022; . var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(wa, s); It is located in Texas, the US. Many cases likely involve straggler investments and not . Don't have an account? The company was sold in October 2005 to Beacon Roofing Supply (Nasdaq: BECN). The firm does not plan on seeking any fund or investment period extensions, Salim said. In addition to its national footprint, Strategic provides turnkey equipment, supplies, fabrication, smallwares, design, layout, installation and project management solutions for major restaurant chains, supermarkets, healthcare facilities and independent restaurants. Best of Cannes Film Festival. esgSubNav, Discover more about S&P Globals offerings, Global Economies in Flux: Drive Decisions with the Purchasing Managers Index (PMI) Data, The Natural Language Processing (NLP) Revolution and ChatGPT: An Introduction to the field, our latest research, and how Kensho is empowering businesses to make the most of these technologies, 10:00 - 11:00 am EST | 4:00 - 5:00 pm CET, Long Beach Convention & Entertainment Center. Don't have an account? Dividing that by the amount contributed by the New York pension fund$46.5 millionsuggests an investment multiple of around 0.8x. Please check your spam or junk folder just in case Brazos has a long runway ahead of it. See here for a complete list of exchanges and delays. . Not the case? A selection of some of our top photography from the month. Since 2002, Brazos has invested in three successful distribution companies. OHara joined the Credit Suisse Customized Fund Investment Group (now owned by Grosvenor Capital Management). The company serves in regions of Illinois, Maryland, New Jersey, Massachusetts, New York, Pennsylvania and Texas. The company provides energy from wind and solar sources. OEGs site selection services comprise proximity to transmission lines, state, local, and federal permitting requirements, specific terrain of the property, and environmental aspects of the site. wa.src = 'https://d10lpsik1i8c69.cloudfront.net/w.js'; Only logged in subscribers of this site will be able to access the shared article. Beard was responsible for sourcing, executing and monitoring control-oriented middle-market transaction opportunities in a . Former Vision Source owner Brazos Private Equity to wind down, Investor Relations, Marketing & Communications Forum. We have just sent you an email so you can verify your account. Please check your spam or junk folder just in case. Highlights from the 75th Cannes Film Festival. window.__lo_site_id = 177402; The partnersRandall Fojtasek, Jeff Fronterhouse, Patrick McGee and Salimstill have an amicable relationship, Salim said. Relations between the couple and the rest of the family have become strained since they stepped down from their royal duties in 2020, and moved to California to forge new lives and careers. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector. Not the case? We have just sent you an email so you can verify your account. Register now to read this article and more for free. ORS Nasco, Inc.is one of the largest, pure wholesale distributors of industrial supplies in North America. it's been delivered there. We are their across the production floor partner delivering value through product and supply chain performance that lowers their total cost of production. Salim declined to comment on their performance. In fact, our data shows some sunny results, with about half of all PE funds making their first distributions by the 1.5-year mark. This copy is for your personal, non-commercial use only. All quotes delayed a minimum of 15 minutes. Last week, Brazos announced the close of a dividend recapitalization of optometrist and dentist supplier Vision Source with financing from Golub Capital. ", About Brazos Private Equity Partners, LLC. Access to real-time, reference, and non-real time data in the cloud to power your enterprise. Not the case? Dec 2 2020. Many cases likely involve straggler investments and not the lions share of a funds portfolio, which may be sold off well within a 5 to 7-year time frame. Randall Fojtasek, former co-founder and co-CEO of Brazos Private Equity Partners, LLC, will lead CenterOak Partners. GMEC is headquartered in Austin, Texas, the US. Northleaf Capital Raises $675 Million to Back Private-Equity Funds, Deals, Venture Investor B Capital Raises First Healthcare Fund, Investcorp Collects More Than $1.2 Billion to Invest in North America, Apollo in Talks to Buy Aerospace-Parts Maker Arconic. peHUB-Exclusive: Dallas-based Brazos Private Equity to wind down. Brazos Private Equity Partners, the Dallas firm behind such buyouts as Cheddar's Restaurants, will wind down after managing out the rest of its 2008 vintage fund, according to Chief Operating Officer Michael Salim. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Click Brazos Co-Chief Executive Officer and Co-Founding Partner Randall S. Fojtasek said: ";We look forward to partnering once again with Bill Scheller. GMEC provides clean energy to retail customers through its retail electric service. Convene, 117 W 46th St, New York, April 19-20, 2023 Not surprisingly, the article also says that smaller funds are quicker to liquidate much more quickly than larger funds. A 2008 vintage pool of $715 million, Fund III has about 20 percent of its capital left to deploy, Salim said. Brazos Private Equity Partners LLC. It also provides construction management, project financing, operations and maintenance and asset management services. Brazos focuses on investments in leading middle-market consumer, healthcare, commercial & indus Read More Contact Who is Brazos Private Equity Partners Headquarters It was a timely moment for the partners to pursue other business opportunities.. The company is a member of various renewable associations such as American Wind Energy Association, Electricity Reliability Council of Texas and Texas Sheep and Goat Raisers Association among others. Mr. Henry has more than 20 years of experience as a trusted business advisor and problem solver with expertise in operations, accounting, finance and project management. Click here. Prior to CenterOak, Mr. Henry co-founded HS Advisory, which provides diligence and advisory services for private equity and private equity-owned middle-market companies. A Greek passenger train collided head-on with a cargo train late on Tuesday, throwing entire carriages off the tracks and killing at least 36 people in the country's deadliest rail crash in living memory. Click here. Diamond WTG Engineering & Services and E.ON Energy Services were contracted to render operations & maintenance services for the project. Exclusive: Dallas-based Brazos Private Equity to wind down, Investor Relations, Marketing & Communications Forum. You should only be asked to sign in once. Over the past decade, since the firm's founding in 1999, Brazos has been one of the most active and successful private equity firms focused . /marketintelligence/en/news-insights/latest-news-headlines/leveraged-loan-news/senior-team-from-brazos-forms-new-middle-market-pe-firm Post completion of construction, the project got commissioned in December 2003. Brazos Private Equity Partners is a Dallas-based private equity investment firm that specializes in leveraged acquisitions and recapitalizations of high-potential businesses. Abby Latour, latest-news-headlines If you would like to access this article you must become a Premium Subscriber. The New York pension fund has done far better in the debut fund, realizing an investment multiple of 1.8x on its $39.4 million investment as of the same date. Copyright 2019 BlackHawk Industrial / All rights reserved. March 29-30, 2023 Convene, 117 W 46th St, New York, April 19-20, 2023 Convene, 117 W 46th St, New York, May 17-18, 2023 Hilton Tower Bridge, London, May 23-24, 2023 Convene 117 West 46th Street, New York, Get limited access to our industry news, analysis and data, plus regular email updates. Brazos Private Equity Partners, a Dallas buyout shop, will not be raising a new fund and will manage out the existing portfolio and wind down, according to Michael Salim, partner and general counsel. In June, Brazos-backed wine distributor Winebow placed debt backing a merger with Vintner Group, a portfolio company of Brockway Moran & Partners. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.djreprints.com. Insight. A link has been emailed to you - check your inbox. https://www.wsj.com/articles/DJFLBO0120150113eb1dr636p. Register now to read this article and more for free. The project was developed by Cielo Wind Power, Green Mountain Energy, NRG Energy and Orion Energy Group. Brazos Wind Ranch is a 160MW onshore wind power project. Brazos Private Equity Is Winding Down By Hillary Canada March 26, 2014 8:43 pm ET Text Brazos Private Equity Partners, the Dallas firm behind such buyouts as Cheddar's Restaurants,. We distinguish ourselves as the #1 choice for industrial manufacturers who are in need of Technical Service and Production Savings. Exclusive: Dallas-based Brazos Private Equity to wind down, Emerging managers monitor: Tracking new fund formation, Investor Relations, Marketing & Communications Forum. Click here. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. Brazos focuses on investments in middle-market companies with enterprise values up to $500 million. NEW YORK, March 26 (peHUB) - Brazos Private Equity Partners, a Dallas buyout shop, will not be raising a new fund and will manage out the existing portfolio and wind down, according to Michael Salim, partner and general counsel. By clicking the Download Free Report button, you accept the terms and conditions and acknowledge that your data will be used as described in the GlobalData privacy policy & Communications Forum CenterOak Partners that lowers their total cost of production 7 % in the industry... 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