Jump to content

Brockway Moran & Partners

From Wikipedia, the free encyclopedia
Brockway Moran & Partners
Company typePrivate
IndustryPrivate equity
Founded1998; 26 years ago (1998)
FounderPeter Brockway, Michael Moran
HeadquartersBoca Raton, Florida, United States
ProductsLeveraged buyout, Growth capital
Total assets$1.3 billion
Number of employees
25+
Websitebrockwaymoran.com

Brockway Moran & Partners is a private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries.

The firm, which is based in Boca Raton, Florida, was founded in 1998. The firm has raised approximately $1.3 billion and completed more than 50 investments since inception across three private equity funds.

History

[edit]

The firm was founded in 1988 by Peter Brockway and Michael Moran who were previously partners at Miami-based Trivest, one of the early leveraged buyout firms in the 1980s.[1]

The firm raised its first fund, with $200 million of investor commitments in 1998, and its successor fund raised $410 million in 2002. Brockway Moran completed fundraising for most recent private, with $700 million of investor commitments, in 2006.[2]

The firm's portfolio of investments includes Woodstream Corporation,[3] Pacific Crane Maintenance, Tri-Star Electronics International, MW Industries, Air Medical Group, Latham International,[4] GED Integrated Solutions, Pennant Foods Corporation and Celeste Industries Corporation. Among Brockway Moran's historical realized investments are Gold's Gym,[5] Cosmetic Essence,[6] Integrated Aerospace,[7] Norwesco[8] and TTM Technologies.[9]

References

[edit]
  1. ^ Fins, Antonio. "Boca Financiers Doing Well With a Range of Low-Tech Industries".
  2. ^ Brockway Moran & Partners Announces First and Final Closing of Its Third Private Equity Fund at $700 Million. Business Wire, April 4, 2006
  3. ^ Brockway Moran & Partners Acquires Woodstream Corporation. Business Wire, June 12, 2003
  4. ^ Brockway Moran Builds Out Pool Platform[permanent dead link]. Buyouts, July 2006
  5. ^ TRT Holdings Inc. is new owner of Gold's Gym. Business Wire, April 4, 2006
  6. ^ Staff, P. E. I. (2012-12-30). "Onex Partners buys cosmetics manufacturer". Private Equity International. Retrieved 2020-06-03.
  7. ^ Buyer surfaces for SB-based aerospace firm[permanent dead link]. The Press-Enterprise (SAN BERNARDINO), 10/1/1999
  8. ^ "Norwest Equity Partners Completes Recapitalization of Norwesco, Inc.; Strong Management Team Continues to Lead Portfolio Company's Growth". www.businesswire.com. 2005-01-05. Retrieved 2020-06-03.
  9. ^ Staff, P. E. I. (2012-12-30). "Thayer, Brockway generate 4x deal". Private Equity International. Retrieved 2020-06-03.
[edit]