Deal Details

Vestar Adds Stratus

Technology & Services

Vestar acquisition of Stratus, a portfolio company of Arcapita

Summary

Vestar Capital Partners ("Vestar") has acquired Stratus ("the Company"), a portfolio company of Arcapita Group Holdings ("Arcapita").

Baird served as the financial advisor to Vestar Capital Partners on this transaction.

About

Vestar Capital Partners is a leading United States middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Business & Technology Services and Healthcare. Since its founding in 1988, Vestar funds have invested $8 billion in 85 companies – as well as more than 200 add-on acquisitions – with a total value of over $50 billion. Vestar is headquartered New York, New York.

Founded in 1953, Stratus serves a highly diversified base of blue-chip customers including some of the leading Fortune 100 brands in 50 states and 24 countries across a broad range of end markets, including healthcare, financial services, QSR, convenience stores, and telecom. The Company offers best-in-class customer service and integrated solutions, enabled by a differentiated technology suite and unmatched expertise and scale. Under Arcapita's ownership, Stratus more than tripled its revenue to over $300 million, while completing multiple add-on acquisitions to expand the Company's customer base and product offerings. Stratus is headquartered in Mentor, Ohio.

Arcapita is a global alternative investment manager, with offices in Atlanta, London and Singapore and an affiliated office in Bahrain. Arcapita's principal lines of business are private equity and real estate, and its management has a 24-year track record of over 90 investments with total transaction value in excess of $30 billion.

Technology & Services

Vestar acquisition of Stratus, a portfolio company of Arcapita