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Olympus Partners

From Wikipedia, the free encyclopedia
Olympus Partners
Company typePrivate Equity Partnership
IndustryPrivate Equity
Founded1988; 36 years ago (1988)
FounderRobert S. Morris
HeadquartersStamford, Connecticut, U.S.
ProductsPrivate equity funds, Leveraged buyout, Growth capital
Total assetsUS$8.5 billion
Number of employees
20
Websitewww.olympuspartners.com

Olympus Partners is a private equity firm founded in 1988[1][2] to make equity investments in middle market leveraged buyouts and growth capital financings. Although the firm invests in a wide array of industries, over time it has developed deep knowledge and experience in the following sectors:

  • Business services
  • Logistics and transportation services
  • Healthcare manufacturing and services
  • Financial services
  • Consumer and restaurants
  • Industrial and packaging

The firm is headquartered in Stamford, Connecticut with approximately 20 employees.[3] Among the firm's most notable current and prior investments are Pregis, IXS, Amspec, Foodware Group, Ennis-Flint, Vaco, PSAV, Tank Holding Corp., Centerplate, Churchill Financial, National Pizza Corporation, Phoenix Services, The Waddington Group, Ann's House of Nuts, Ariel Re, Entrust, K-MAC Enterprises, Symmetry Medical, and TravelCenters of America. Since its inception, Olympus has made primary investments in over 84 companies and has completed over 114 add-on acquisitions.

History

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Olympus Partners was founded in 1988 and has eight General Partners.[4] The General Partners average over 22 years of experience at Olympus, and over 26 years of experience within private equity.

Since its inception in 1988, Olympus has raised seven institutional private equity funds, with total investor commitments of approximately $8.5 billion:[5][3]

  • 1990 - Olympus Private Placement Fund - $101 million[2]
  • 1994 – Olympus Growth Fund II - $268 million
  • 1998 – Olympus Growth Fund III - $505 million
  • 2003 – Olympus Growth Fund IV - $758 million[6]
  • 2007 – Olympus Growth Fund V - $1.53 billion[7][8]
  • 2013 – Olympus Growth Fund VI - $2.3 billion[9]
  • 2017 – Olympus Growth Fund VII - $3.0 billion[10]

Olympus is also well known for its blog on investments in private equity.

Performance

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Olympus Partners has been recognized by Preqin Ltd., a provider of alternative asset research and data, as one of the most consistent Private Equity managers in the world, with four of its five fully invested buyout funds ranked in the top quartile.

Olympus was recently included in the top decile of Global Large Buyout Firms by the 2023 HEC Paris-Dow Jones Performance Ranking.[11]

References

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  1. ^ "Olympus Raises Seventh Fund". peprofessional.com. Retrieved 2023-10-27.
  2. ^ a b "Stamford-based Olympus Partners rolls out $3B fund". StamfordAdvocate. 2017-12-21. Retrieved 2023-10-27.
  3. ^ a b Schott, Paul (2023-04-20). "Stamford-based private equity firm to buy wire maker for more than $900 million". CT Insider. Retrieved 2023-10-27.
  4. ^ "Harris Williams & Co. Advises Centerplate in its Sale to Olympus Partners". www.harriswilliams.com. Retrieved 2023-10-27.
  5. ^ "Olympus Raises Seventh Fund". www.prnewswire.com. Retrieved 2023-10-27.
  6. ^ "Olympus buys wood company from Behrman Capital". Private Equity International. 2013-01-04. Retrieved 2023-10-27.
  7. ^ "Rob Morris '76 Hosts NYC Students at Olympus Partners". Hamilton College. Retrieved 2023-10-27.
  8. ^ "Olympus Raises $1.5 Billion for Olympus Growth Fund V, L.P." Bloomberg.com. 2007-05-31. Retrieved 2023-10-27.
  9. ^ Gelsi, Steve (2016-12-06). "Olympus plans late '17 fundraise after Fund VI posts strong IRR". PE Hub. Retrieved 2023-10-27.
  10. ^ "Olympus Partners Raises $3.04 Billion for Seventh Fund". Wall Street Journal. 2017-12-18. ISSN 0099-9660. Retrieved 2023-10-27.
  11. ^ "Olympus Included in "The "Top Decile" Worldwide Ranking: Top 20 out of over 632 PE Firms"". Olympus Partners. Retrieved 2024-02-12.
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