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Oak Hill Capital Partners

{{short description|American private equity firm}}

{{distinguish|text=Oak Investment Partners, Oaktree Capital Management}}

{{refimprove|date=April 2017}}

{{Infobox company

| name = Oak Hill Capital Management, LLC

| logo = Oak Hill Capital Partners logo.svg

| type = Private

| foundation = {{start date and age|1986}}

| founder = Robert Bass

| location = 65 East 55th Street
New York City, United States

| industry = Private Equity

| products = Private equity funds, Leveraged buyouts

| assets = $10.4 billion

| homepage = {{URL|http://www.oakhillcapital.com}}

| num_employees = 50+|

}}

Oak Hill Capital Partners is a private equity firm headquartered in New York City, with more than $19 billion of committed capital from entrepreneurs, endowments, foundations, corporations, pension funds and global financial institutions. Robert Bass is the lead investor.

Oak Hill Capital is one of several Oak Hill partnerships, each of which has an independent management team. These Oak Hill partnerships comprise over $18 billion of investment capital across multiple asset classes, including private equity, special situations, high yield and bank debt, venture capital, real estate and a public equity exchange fund.

On April 20, 2010 the company announced acquisition of Denver-based data center company ViaWest Inc. for an undisclosed amount.

In 2017 the company sold Wave Broadband for more than $2.3 billion.{{Cite web|url=http://oakhillcapital.com/2017/05/22/oak-hill-capital-partners-to-sell-wave-broadband-for-2-365-billion/|title = Oak Hill Capital Partners | Oak Hill Capital Partners to Sell Wave Broadband for $2.365 Billion}}

Notable investors

Robert Bass, who was an early investor in leveraged buyouts in the 1980s and employed David Bonderman and Jim Coulter the founders of Texas Pacific Group, is the lead investor in Oak Hill Capital Partners.

The company has garnered widespread media attention due to its addition of investors Bill Gates and Nike founder Phil Knight.[https://web.archive.org/web/20050302031235/http://www.businessweek.com/bwdaily/dnflash/feb2005/nf20050228_5321_db016.htm businessweek.com], February 28, 2005 Business Week article

Other investors include the Country of Singapore and Stanford University.{{Cite web|url=http://www.taipeitimes.com/News/worldbiz/archives/2005/02/26/2003224693|title = Bill Gates and Phil Knight invest in new Oak Hill fund - Taipei Times|date = 26 February 2005}}

Notable investments

Over a period of nearly twenty years, Oak Hill Capital has invested in more than fifty significant private equity transactions, including:

Recent acquisitions

In May 2011, Oak Hill Capital Partners acquired Intermedia, a business communications SaaS company bootstrapped and majority-owned by David Choupak and his wife Anastasia Koroleva, for an undisclosed amount.{{Cite web|url=https://www.intermedia.com/press-release/oak-hill-capital-partners-to-acquire-intermedia-global-leader-in-cloud-services|title = Oak Hill Capital Partners to Acquire Intermedia, Global Leader in Cloud Services - Intermedia|date = 26 May 2011}}

In October 2014, Oak Hill Capital Partners acquired Berlin Packaging for a fee of $1.43 billion from Investcorp.[https://www.reuters.com/article/us-investcorp-bank-oakhill-packaging-idUSKCN0HQ3OB20141001 Investcorp to complete $1.43 billion Berlin Packaging sale to Oak Hill in October]. Reuters, 1 October 2014

In January 2018, Oak Hill Capital Partners acquired Safe Fleet from The Sterling Group.{{Cite web|url=https://www.prnewswire.com/news-releases/oak-hill-capital-partners-to-acquire-safe-fleet-300579670.html|title=Oak Hill Capital Partners to Acquire Safe Fleet|website=www.prnewswire.com|language=en|access-date=2018-09-05}} No value of the deal was mentioned.

On June 15, 2018, Oak Hill Capital Partners acquired a majority stake in VetCor Group Holdings Corp. Terms of the transaction were not disclosed.{{Cite news|last=Cooper|first=Laura|url=https://www.wsj.com/articles/oak-hill-leads-recapitalization-of-vetcor-1529064001|title=Oak Hill Leads Recapitalization of VetCor|date=2018-06-15|work=Wall Street Journal|access-date=2020-03-31|language=en-US|issn=0099-9660}}{{Cite web|url=https://www.harvestpartners.com/vetcor-closes-recapitalization|title=VetCor Closes Recapitalization {{!}} Harvest Partners|date=2 July 2018 |language=en-US|access-date=2020-03-31}}

Investment professionals

=Managing Partners=

  • Tyler Wolfram
  • Brian Cherry
  • Steven Puccinelli

=Partners=

  • Scott Baker
  • Benjamin Diesbach
  • Stratton R. Heath III
  • John R. Monsky
  • John Rachwalski
  • Micah Meisel
  • Mark Pinho

=Principals=

  • Adam Hahn
  • Peter Armstrong
  • Jeffery Mettam
  • Christopher Williams
  • Nico Theofanidis
  • Jennifer Jun

= Previous Partners =

  • Mark Wolfson
  • J Taylor Crandall
  • David Brown
  • Buford Ray Conley

References

{{reflist|2}}

Notes

{{refbegin}}

  • [https://web.archive.org/web/20050302031235/http://www.businessweek.com/bwdaily/dnflash/feb2005/nf20050228_5321_db016.htm Gates Joins a Dream Team Fund]
  • [http://www.bizjournals.com/dallas/stories/2005/02/28/story1.html Bass' Oak Hill II raises $1.3B]

{{refend}}

External links

  • {{Official website|http://www.oakhillcapital.com }}

{{Private equity and venture capital}}

Category:American companies established in 1986

Category:Financial services companies established in 1986

Category:Private equity firms of the United States

Category:Privately held companies based in Connecticut

Category:Companies based in Stamford, Connecticut