Charterhouse Group is 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 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 the US.

The firm, which is based in New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

, was founded in 1973 and is one of the oldest buyout firms in the US. Since inception, the firm has raised more than $2 billion of capital from institutional investors across six private equity funds and has invested in over 100 companies.

History

Charterhouse was founded as the US-based investment arm of Charterhouse Bank, based in London. In the 1980s, Charterhouse completed a spinout from its parent bank and became an independent investment firm. In 1989, the firm raised its first private equity fund

Private equity fund

A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....

, Charterhouse Equity Partners, with outside investors.

Among Charterhouse's most notable investments, since its founding in the 1970s, are Dreyer's Grand Ice Cream Holdings, Cencom Cable Television

Cencom Cable Television

Cencom Cable Television was a cable television distributor in the Greater St. Louis, Missouri-Metro-East, Illinois Metropolitan area between 1985 and 1993. Cencom bought out Storer Cable in late 1985, and transformed that Florissant cable outlet into Cencom. Cencom was the home of the St...

, Charter Communications

Charter Communications

Charter Communications is an American company providing cable television, high-speed Internet, and telephone services to more than 4.7 million customers in 25 states. By revenues, it is the fourth-largest cable operator in the United States, behind Comcast, Time Warner Cable, and Cox Communications...

, Cornell Companies

Cornell Companies

Cornell Companies was an American corporation that operates correctional facilities, contracting them to state and local governments. The company's headquarters are located in Houston, Texas...

, Del Monte Corporation, Fleer Corporation, Insignia Financial Group

Insignia Financial Group

Insignia Financial Group was a Delaware corporation, headquartered in Greenville, South Carolina, engaged in the aggregation, management, and disposition of multifamily apartment complexes. Founded by Andrew L...

, Lason

Lason

Lason is a provider of document management outsourcing services, including imaging, mail processing, data capture, document DNATM, and output. Lason has 35+ North American offices, with facilities in Mexico, China, and India which provide data and document-intensive organizations...

, Amerifit Brands, Suddenlink Communications

Suddenlink Communications

Suddenlink Communications, formerly Cebridge Connections, is a top-10 cable broadband services provider in the United States with approximately 1.4 million subscribers. Suddenlink operates in 18 states in primarily medium-sized communities. With its corporate headquarters in St. Louis, MO,...

 and MXenergy

MXenergy

MXenergy is a retail natural gas and electricity supplier in North America. It was founded in 1999 to provide natural gas and electricity in deregulated energy markets. In 2006, MXenergy was named fourth on Inc. Magazine’s list of fastest growing private companies in America on the basis of...

.

External links

• Charterhouse Group (company website)