Primus Capital is a private equity

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 growth capital

Growth capital

Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

, 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...

 and leveraged recapitalization

Leveraged recapitalization

In corporate finance, a leveraged recapitalization is a change of the capital structure of a company, a substitution of equity for debt —e.g. by issuing bonds to raise money, and using that money to buy the company's stock or to pay dividends...

 investments in middle-market companies. The firm invests primarily in companies in the business services, healthcare and for-profit education sectors.

The firm, which is based in Cleveland, Ohio

Cleveland, Ohio

Cleveland is a city in the U.S. state of Ohio and is the county seat of Cuyahoga County, the most populous county in the state. The city is located in northeastern Ohio on the southern shore of Lake Erie, approximately west of the Pennsylvania border...

, was founded in 1983 as Primus Ventures. Primus' founders, Loyal Wilson and Bill Mulligan, worked together in the private equity group of First Chicago Corporation. The firm has raised approximately $900 million since inception across six funds. Primus completed fundraising for its sixth fund, with $275 million of investor commitments, in 2008, roughly the same size as its predecessor fund, raised in 2000.

Primus has completed dozens of investments since inception. Among the most notable companies, in which Primus has invested include: Three Eagles Communications

Three Eagles Communications

Three Eagles Communications, Inc. is a media company based in Lincoln, Nebraska. It operates 50 radio stations in Nebraska, Colorado, Iowa, Minnesota, and South Dakota. Rolland Johnson is chief executive officer, and Gary Buchanan is president and chief operating officer.The company was acquired...

, MetroPCS

MetroPCS

MetroPCS Communications, Inc. , formerly known as General Wireless, Inc., is an American mobile phone service provider. It operates the fifth largest mobile telecommunications network in the US, with 8.9 million subscribers as of May 2011...

, Athersys and Marlin Business Services .

External links

• Primus Capital (company website)