Brockway Moran & Partners
Encyclopedia
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.
, one of the early leveraged buyout firms in the 1980s.
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.
The firm's portfolio of investments includes Woodstream Corporation, Pacific Crane Maintenance, Tri-Star Electronics International, MW Industries, Air Medical Group, Latham International, GED Integrated Solutions, Pennant Foods Corporation and Celeste Industries Corporation. Among Brockway Moran's historical realized investments are Gold's Gym
, Cosmetic Essence, Integrated Aerospace, Norwesco and TTM Technologies.
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....
firm focused on leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...
investments in middle-market companies across a range of industries.
The firm, which is based in Boca Raton, Florida
Boca Raton, Florida
Boca Raton is a city in Palm Beach County, Florida, USA, incorporated in May 1925. In the 2000 census, the city had a total population of 74,764; the 2006 population recorded by the U.S. Census Bureau was 86,396. However, the majority of the people under the postal address of Boca Raton, about...
, 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
The firm was founded in 1988 by Peter Brockway and Michael Moran who were previously partners at Miami-based TrivestTrivest
Trivest Partners, L.P. is a private equity firm focusing on partnering with founder and family-owned businesses. Trivest is the oldest private equity firm in the Southeast U.S., founded in 1981, and is headquartered in Miami, Florida. The firm focuses specifically on investments in the niche...
, one of the early leveraged buyout firms in the 1980s.
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.
The firm's portfolio of investments includes Woodstream Corporation, Pacific Crane Maintenance, Tri-Star Electronics International, MW Industries, Air Medical Group, Latham International, GED Integrated Solutions, Pennant Foods Corporation and Celeste Industries Corporation. Among Brockway Moran's historical realized investments are Gold's Gym
Gold's Gym
Gold's Gym International, Inc. is an international chain of co-ed fitness centers originally started in California by Joe Gold. Each gym features a wide array of exercise equipment, group exercise classes and personal trainers to assist clients...
, Cosmetic Essence, Integrated Aerospace, Norwesco and TTM Technologies.
External links
- Brockway Moran & Partners (company website)