Kohlberg

United Digestive Announces Dr. Neal C. Patel as CEO

Retrieved on: 
Tuesday, April 2, 2024
Kohlberg, Growth, Abdominal ultrasonography, GI, Physician, Health, Investment, UD, Gastroenterology, Management

ATLANTA, April 2, 2024 /PRNewswire/ -- United Digestive ("UD"), one of the largest gastroenterology physician practice management firms in the United States, announced that Dr. Neal C. Patel has assumed the role of chief executive officer, effective April 1, succeeding Mark Gilreath, who successfully led the organization since 2018. 

Key Points: 
  • I am also proud that we implemented a healthy CEO succession process, and it's now very exciting for me to pass the baton to Dr. Neal Patel.
  • United Digestive is a leading physician practice management organization serving GI physicians and gastroenterology practices nationwide.
  • Practices that are part of United Digestive benefit from advanced infrastructure and operational insights, along with investments in regional growth.
  • United Digestive is growing at a rapid pace, with more than 62 clinics, 22 ASCs, and 300 providers practicing in four states – Georgia, Florida, North Carolina, and South Carolina.

USIC Announces Appointment of President and CEO

Retrieved on: 
Wednesday, February 28, 2024
Data Management, Residential Building & Real Estate, Commercial Building & Real Estate, Urban Planning, Technology, Construction & Property, Building Systems, Software, Networks, Hardware, Other Construction & Property, College of Engineering (KNUST), Engineering, Multimedia, Mining, Kohlberg, Equipment, Mergers and acquisitions, Water, Electronics, Kohlberg & Company, Learning, Partners Group, Face, Employment, GE Transportation, Transport, Management

USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.

Key Points: 
  • USIC, North America’s leading provider of underground utility locating services, announced today the appointment of Yuvbir Singh as President and Chief Executive Officer.
  • Ron Childress, USIC’s interim CEO, has held the position since September 2023 and will return to his previous role as a member of USIC’s Board of Directors.
  • “USIC and our customers will benefit from his extensive experience and innovative approach.
  • Partners Group originally invested in USIC in 2017 and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.

Worldwide Clinical Trials Completes Recapitalization with Kohlberg & Company

Retrieved on: 
Tuesday, December 12, 2023
Biotechnology, Pharmaceutical, Health, Clinical Trials, Compatibility, Research, Investment, Patient, ISR, Culture, TJC, Late Phases, Worldwide, Partnership, Industry Standard, Clinical trial, Growth, Medicine, Kohlberg & Company, Management, Fine chemical, Pharmaceutical industry, Kohlberg

Worldwide Clinical Trials (“Worldwide”), a privately held, leading global, full-service contract research organization (“CRO”), has announced the closing of its previously announced recapitalization that gives funds managed by Kohlberg & Company, LLC (“Kohlberg”), a leading private equity firm with over 35 years of experience partnering with management and companies like Worldwide, a majority stake in the company.

Key Points: 
  • Worldwide Clinical Trials (“Worldwide”), a privately held, leading global, full-service contract research organization (“CRO”), has announced the closing of its previously announced recapitalization that gives funds managed by Kohlberg & Company, LLC (“Kohlberg”), a leading private equity firm with over 35 years of experience partnering with management and companies like Worldwide, a majority stake in the company.
  • “This is a significant milestone for Worldwide – one that positions us for further growth and expands our ability to deliver best in class partnerships for our customers while cultivating a culture for our team members to do their best, mission-oriented work,” said Peter Benton , President and CEO, Worldwide Clinical Trials.
  • This investment by Kohlberg, and continued investment by TJC, elevates our approach to best support our customers and continue delivering customized clinical research programs.”
    With this transaction, Matt Jennings , Operating Partner of Kohlberg, becomes Chairman of Worldwide’s Board of Directors.
  • Worldwide remains a privately held company with no other changes to its leadership team, employee base, or customer experience.

USIC Announces Leadership Changes

Retrieved on: 
Thursday, September 28, 2023
Utilities, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Energy, Construction & Property, Urban Planning, Kohlberg & Company, Learning, Infrastructure Investment and Jobs Act, Infrastructure, Kohlberg, Safety, Space Infrastructure Servicing, Multimedia, Partners Group, Investment, Growth, Management, USIC

USIC, the leading North American provider of utility location services, announced today that Mike Ryan has retired as USIC’s President and CEO.

Key Points: 
  • USIC, the leading North American provider of utility location services, announced today that Mike Ryan has retired as USIC’s President and CEO.
  • The Company has retained an executive search firm to find a new President and CEO.
  • We owe Mike Ryan an enormous debt of gratitude, and on behalf of the entire USIC team, I wish to thank him for his invaluable contributions.”
    “Since I took the helm of USIC four years ago, we have moved the needle on multiple fronts,” stated Mr. Ryan.
  • Partners Group originally invested in USIC in 2017, and partnered in November 2022 with a Kohlberg-led consortium, including funds managed by Mubadala and Neuberger Berman.

Jack in the Box Inc. Announces Tom Rose as New Del Taco Brand President

Retrieved on: 
Tuesday, September 12, 2023
Retail, Restaurant, Bar, Food, Beverage, Kohlberg & Company, KFC, Kohlberg, Taco Bell, Acquisition, Box, Growth, Yum! Brands, Fast food, Kansas City metropolitan area, East Carolina University

Jack in the Box Inc. (NASDAQ: JACK) announced that Tom Rose will assume the role of Del Taco Brand President, effective immediately.

Key Points: 
  • Jack in the Box Inc. (NASDAQ: JACK) announced that Tom Rose will assume the role of Del Taco Brand President, effective immediately.
  • Rose is a 30-plus-year veteran in the restaurant business with a proven track record in various corporate and franchise leadership roles.
  • Most recently, he consulted Jack in the Box on the recent initiative to improve the company-owned Kansas City market.
  • “I couldn’t be more excited about the opportunity to be a part of an organization with such a bright future.”

Kohlberg & Company to Acquire Majority Stake in Engage PEO

Retrieved on: 
Wednesday, August 9, 2023
Professional Services, Small Business, Other Professional Services, Human Resources, Finance, Consulting, Kohlberg & Company, Insurance, Wardwell, Partnership, PEO, Life, BofA Securities, Ropes & Gray, Professional employer organization, Investment, HR, Growth, Environment, Safety, Sales, Engage, Kohlberg, Light-year

Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or "the Company"), a leading professional employer organization (“PEO”) providing HR outsourcing solutions to small and mid-sized businesses across the U.S., providing a critical competitive advantage.

Key Points: 
  • Kohlberg & Company, LLC (“Kohlberg”) today announced a strategic partnership with Engage PEO (“Engage” or "the Company"), a leading professional employer organization (“PEO”) providing HR outsourcing solutions to small and mid-sized businesses across the U.S., providing a critical competitive advantage.
  • As part of this transaction, Kohlberg will acquire a majority stake and partner with existing investor Lightyear Capital LLC (“Lightyear”), and the Engage management team, both of which will retain a minority investment, to further accelerate the company’s strong growth trajectory.
  • In an environment where talent is more important than ever, Engage has successfully helped its clients navigate an increasingly complex HR and regulatory landscape.
  • “Engage provides a truly differentiated PEO service offering that delivers unique value to its clients and channel partners,” said Alex Forrey, Managing Director at Kohlberg & Company.

Kohlberg signs a definitive agreement to acquire majority stake in Worldwide Clinical Trials

Retrieved on: 
Monday, August 7, 2023
Research, Neurology, Clinical Trials, Biotechnology, Health, Pharmaceutical, Other Science, Science, Oncology, Triangle Park (Quezon City), Kohlberg & Company, Centerview Partners, TJC, Partnership, Drug development, Medicine, Culture, Sale, Kirkland & Ellis, Neuroscience, Jefferies Group, Patient, Growth, Rare, Paul, Weiss, Rifkind, Wharton & Garrison, Fine chemical, Pharmaceutical industry, Kohlberg, Worldwide

Following the sale to Kohlberg, TJC will retain a meaningful minority equity stake in the Company.

Key Points: 
  • Following the sale to Kohlberg, TJC will retain a meaningful minority equity stake in the Company.
  • The transaction is expected to close in the fourth quarter of 2023, subject to regulatory approvals and customary closing conditions.
  • With more than 3,200 employees across nearly 60 countries, Worldwide is therapeutically focused on cardiovascular, metabolic, neuroscience, oncology, and rare diseases.
  • Centerview Partners LLC served as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to Kohlberg.

AWP SAFETY, BACKED BY KOHLBERG & CO., ANNOUNCES STRATEGIC ACQUISITION OF RHV CAPITAL'S TRAFFIC CONTROL GROUP

Retrieved on: 
Wednesday, August 2, 2023
Kohlberg & Company, Partnership, AWP, Stifel, Safety, Transport, Florida Department, Macquarie Group, Barricade, Ropes & Gray, Acquisition, Florida Department of Transportation, Partner, AATC, Investment, Bodman PLC, Growth, Airline, Management, Asset management, Kohlberg

NORTH CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- AWP Safety, North America's leading provider of safety and traffic control solutions, has announced its strategic acquisition of RHV Capital's Traffic Control Group, which is comprised of three regional entities, and Texas Traffic and Barricade. The acquisition further expands AWP Safety's position as the leading traffic control safety company to the North American utility, broadband and infrastructure end-markets. Terms of the transaction were not disclosed. AWP Safety is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY.

Key Points: 
  • NORTH CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- AWP Safety, North America's leading provider of safety and traffic control solutions, has announced its strategic acquisition of RHV Capital's Traffic Control Group, which is comprised of three regional entities, and Texas Traffic and Barricade.
  • The acquisition further expands AWP Safety's position as the leading traffic control safety company to the North American utility, broadband and infrastructure end-markets.
  • "This latest acquisition strengthens our existing leadership in worksite protection services, traffic control planning and equipment sales and rentals.
  • Macquarie Capital served as financial advisors and Bodman PLC served as legal advisors to RHV Capital's Traffic Control Group and Texas Traffic and Barricade on the transaction.

H.I.G. Capital Completes Sale of Riveron

Retrieved on: 
Thursday, July 13, 2023
Software, Banking, Networks, Accounting, Internet, Professional Services, Data Management, Technology, Asset Management, Security, Finance, Consulting, Kohlberg & Company, Moelis & Company, McDermott Will & Emery, LLP, Partnership, H.I.G. Capital, Culture, Jefferies Group, Ropes & Gray, Sale, CFOS, Citizenship, Growth, Guggenheim Partners, Financial adviser, Alberto Riveron, Kohlberg

Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce the sale of its portfolio company Riveron (“Riveron” or the “Company”) to affiliates of Kohlberg & Company (“Kohlberg”).

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce the sale of its portfolio company Riveron (“Riveron” or the “Company”) to affiliates of Kohlberg & Company (“Kohlberg”).
  • will continue its partnership with Riveron through a minority investment.
  • Founded in 2006, Riveron helps clients navigate today’s most complex business challenges through its end-to-end suite of accounting, finance, technology, and operations services that span the business lifecycle.
  • has been a tremendous partner to Riveron and instrumental in helping us execute on our strategic vision,” said Julie Howard, Riveron’s Chief Executive Officer.

U.S. Retirement & Benefits Partners Announces Partnership with The Vistria Group, LP

Retrieved on: 
Wednesday, June 21, 2023
Kohlberg & Company, Learning, Partnership, Financial services, Retirement, Investment, Knowledge, Growth, Tutoring, Kohlberg

ISELIN, N.J., June 21, 2023 /PRNewswire/ -- U.S. Retirement & Benefits Partners (USRBP), a leading national provider of employee benefits and retirement planning services, announced today a strategic partnership with The Vistria Group, LP (The Vistria Group) to acquire the company.

Key Points: 
  • ISELIN, N.J., June 21, 2023 /PRNewswire/ -- U.S. Retirement & Benefits Partners (USRBP), a leading national provider of employee benefits and retirement planning services, announced today a strategic partnership with The Vistria Group, LP (The Vistria Group) to acquire the company.
  • "Our partnership with The Vistria Group brings substantial value to USRBP's growth strategy across the public, non-profit and private sectors."
  • "Our focus has been and will remain client-focused, ensuring we continue to make health benefits and retirement planning easier for teachers and their families."
  • "USRBP has immense potential for growth and to positively impact the retirement and benefits management space and this strategic partnership with The Vistria Group represents a significant milestone for the business.