Founded in 1997, BSMB
is a leading institutional private equity firm focused on making equity investments in middle-market companies.
invests private equity capital in compelling buyouts, recapitalizations and growth capital opportunities alongside superior management teams.
looks forward to continuing to support MC's management in the execution of its long-term growth plan.
Founded in 1997, BSMB is a leading private equity firm with long-standing investment expertise in retail and consumer products companies including Aeropostale, Inc.
As a leading entrepreneur in China, he will bring an extraordinary perspective to our investments," said John Howard, Chief Executive Officer, BSMB.
Arlander, a founding partner of BSMB
, will not continue with BSMB
following the spin-out.
intends to change its name and will move its operations from its current location to new offices in New York City.
Innovative is a great fit with Multi Packaging Solutions" said Phil Carpenter, Senior Managing Director of BSMB
Since its formation in 1997, BSMB
has been an investor in 67 portfolio companies.
a newly-formed affiliate of BSMB
, agreed to acquire the outstanding shares of MC Shipping for a price of $14.
In addition, BSMB
and NGP both have established track records for working closely with management teams to help develop and grow companies, and we look forward to working with them.
and Bear Stearns Merchant Banking ("BSMB
") announced the signing of a merger agreement providing for the Company to be acquired by a newly-formed entity controlled by BSMB
, as detailed in the Company's Form 8-K filed on July 31, 2007.