Pritzker Group Private Capital, an investment firm focused on acquiring North America-based middle-market businesses with leading positions in the manufactured products, services and healthcare sectors, today announced that its companies have closed seven add-on acquisitions since December 2015, making this one of the firm’s busiest years since its formation in 2001.
With Pritzker Group’s permanent, proprietary capital base and exceptional resource network, its family of companies is able to focus on serving its customers and growing in the most efficient way possible, without the typical follow-on investment capital constraints.
Supported by Pritzker Group’s flexible capital and focus on creating long-term value, several of the firm’s companies, including Clinical Innovations, Entertainment Cruises, Milestone AV Technologies, Technimark and PLZ Aeroscience, have closed strategic add-on acquisitions during the last several months.
These add-on acquisitions have allowed Pritzker Group companies to expand their product offerings, customer relationships and industry leadership. One example is Milestone AV Technologies’ acquisition of Vaddio in April 2016. Milestone is a leading provider of branded AV equipment and solutions for the commercial and consumer markets. Vaddio is a premier U.S. based manufacturer of pan-tilt-zoom (PTZ) cameras and other communication and collaboration products for the AV, videoconference and broadcast markets. By combining these complementary product offerings, Milestone is now able to offer a more complete suite of solutions to its growing base of customers.
“We partner with entrepreneur-built and family-owned companies that share our passion for building market-leading businesses,” said J.B. Pritzker, Pritzker Group Private Capital managing partner. “Our management teams are encouraged to make strategic acquisitions to maximize long-term value for our companies. Pritzker Group’s capital is not time-bounded and that’s a major competitive advantage for our companies.”
“Many smaller family and entrepreneur-owned businesses prefer our approach to company stewardship, making our companies attractive to acquirers when it’s time for these smaller businesses to sell,” said Paul Carbone, Pritzker Group Private Capital managing partner. “We understand family businesses. We honor a family owner’s legacy and respect the culture they have built. We can be a safe port in the storm in these rapidly changing and often increasingly difficult markets.”
About Pritzker Group
Pritzker Group, led by Tony and J.B. Pritzker, has three principal investment teams: Private Capital, which acquires and operates leading North America-based companies; Venture Capital, which provides early-stage and growth venture funding to technology companies throughout the United States; and Asset Management, which partners with top-performing investment managers across global public markets.
Pritzker Group Private Capital acquires North America-based middle-market companies with leading positions in the manufactured products, services and healthcare sectors. The firm’s permanent, proprietary capital base allows for efficient decision making, broad flexibility with transaction structure and investment horizon, and alignment with management teams focused on creating long-term value. Pritzker Group brings significant resources, expertise and credibility in building businesses and is an ideal partner for entrepreneur- and family-owned companies. For more information, visit pritzkergroup.com.