Lone Star Funds

Lone Star Funds is a private equity firm headquartered in London, United Kingdom, specializing in the acquisition of distressed debt and equity assets. Since its inception in 1995, the firm has organized twelve private equity funds, amassing over $45 billion in capital commitments. Lone Star's investment portfolio includes a diverse range of assets, such as real estate, consumer debt products, banks, and asset-rich operating companies. The firm's global investment strategy focuses on identifying opportunities in distressed markets, allowing it to capitalize on undervalued assets.

Nick Beevers

President

Don Carroll

Investment Professional

Jodi Cason

Chief Operating Officer

John Grayken

Founder and Chairman

Gavin Mackay

Senior Managing Director and Global Head of Investor Relations and Fundraising

Christina Pretto

Managing Director, Global Head of Communications and Public Affairs

Kevin P. Rourke

VP

18 past transactions

AOC

Acquisition in 2021
AOC is a leading global supplier of resin chemistries for polyester and vinyl ester resins, gel coats, colorants, specialty additives and synergistic material systems used in the manufacture of composites parts. Its comprehensive product offering is supported by a global manufacturing and logistics network, which provide customers worldwide with efficient service, customized solutions and complete supply chain management with a focus on customer satisfaction and fulfillment. Headquartered in Collierville, Tennessee, AOC’s products are manufactured at six facilities strategically located in North America and by additional manufacturing locations in Europe and Asia. For more information, please visit: aoc-resins.com

Sino Gas & Energy

Acquisition in 2018
Sino Gas & Energy Holdings Limited is an energy company that specializes in the exploration, development, appraisal, and production of onshore natural gas resources in China. The company holds a 64.75% interest in the Linxing production sharing contract and a 49% interest in the Sanjiaobei production sharing contract, both located in the Ordos Basin of Shanxi province. Founded in 2006, Sino Gas is headquartered in Beijing and operates through its subsidiary, Sino Gas & Energy Limited, which has been the operator of these contracts since its establishment.

Stark Group

Acquisition in 2017
STARK GROUP is the largest retailer and distributor of building materials in the Nordic region. STARK GROUP serves its customers through a finely meshed network of stores. Its customer base is broad, ranging from major contractors, builders and consumers to distributors and industries. STARK GROUP is owned by Ferguson plc - the world's number one distributor of heating and plumbing products to the professional market, and a leading supplier of building materials and services across Europe and North America.

Esmalglass

Acquisition in 2017
Esmalglass S.A.U. manufactures and markets frits, glazes, pigments, inks, and ceramic additives for customers worldwide. The company provides ceramic frits for the decoration of ceramic tiles, such as glazes, silk-screen inks, granites, granules, etc.; glazes, including engobes for ribbing, engobes for bodies, base glazes, neutral and colored silk-screen inks, granitos, granules, micro-granules, micro-spheres, atomized materials, and platelets; colors, such as glaze stains, body stains, and dry coloring products; decoration and complementary pieces; and additives, including rotary inks, silk-screen inks, silk-screen ink fixers, and granito fixers. It also offers technical assistance, design, and research and development services. Esmalglass S.A.U. was founded in 1978 and is based in Villarreal, Spain with facilities in Spain, Italy, Portugal, Brazil, Indonesia, China, the Russian Federation, Turkey, Mexico, and Thailand. Esmalglass S.A.U. is a former subsidiary of Porcelanosa S.A.

Novo Banco

Acquisition in 2017
Novo Banco provides various financial products and services to private, corporate, and institutional customers. It operates through Domestic Commercial Banking, International Commercial Banking, Asset Management, Life Insurance, and Markets segments. The company is involved in various activities, including deposit taking, granting of loans to corporate and private customers, investment fund management, brokerage and custodian services, investment banking services, and the commercialization of life and non-life insurance products.

Xella International

Acquisition in 2016
Xella is a young company, which introduced itself for the first time at the BAU Trade Fair in Munich in 2003. Xella resulted from a merger between the Duisburg company, Haniel-Bau Industrie GmbH and the Munich company, Ytong AG with Fels-Werke GmbH in Goslar. Today headquarters are located in Duisburg

Forterra

Acquisition in 2016
Forterra, Inc. is a manufacturer of pipe and precast products, operating primarily in the United States, Canada, and Mexico. The company is organized into two main segments: Drainage Pipe & Products and Water Pipe & Products. Its offerings include concrete drainage pipes for a variety of applications such as stormwater management, residential and commercial site developments, and sanitary sewer systems. Additionally, Forterra produces a range of precast products including box culverts, utility vaults, manholes, and architectural panels for infrastructure projects. The company also manufactures ductile iron pipes and concrete pressure pipes for the transmission and distribution of potable and wastewater. Forterra serves a diverse clientele that includes construction contractors, utility companies, municipalities, and waterworks distributors, with the majority of its revenue generated from the U.S. market. Founded in 1899 and headquartered in Irving, Texas, Forterra has established a significant presence in the construction and civil engineering sectors.

Shearings

Acquisition in 2016
Shearings is a travel service provider based in England that specializes in offering a diverse range of holiday options. The company provides expertly planned itineraries that cater to various preferences and budgets, including coach holidays, air holidays, river cruises, and escorted tours. Their offerings encompass seasonal breaks such as summer, autumn, winter, and spring holidays, as well as festive options for Christmas and New Year. Additionally, Shearings features short breaks and unique mystery breaks, along with self-drive hotel packages. Through these services, Shearings aims to deliver tailored travel experiences to its clients throughout the year.

N&W Global Vending S.p.A.

Acquisition in 2016
N&W Global Vending is a world leader in the production of automatic snack and beverage vending machines and is a major international player in both the HoReCa (hotel, restaurant and café) and the Office Coffee Services sectors.

Victra

Acquisition in 2016
Victra is an exclusive premium retailer for Verizon, including being honored as Agent of the Year in 2016. They don’t just consider you as a customer – they strive to treat you as their “guest” when you join them in any of their 1,145 convenient locations. Their knowledgeable and dedicated store consultants and managers offer a full range of wireless devices including phones, tablets, mobile broadband, wearable technology, accessories and product insurance. Getting the best performance for this technology matters, and Verizon delivers. Once again, the nation’s most rigorous, independent study (RootMetrics®) has rated Verizon the #1 network in the United States. Verizon swept all six network categories for all of 2016 -- including reliability, data, speed, call, text and overall performance – an industry first since testing began.

Quintain Limited

Acquisition in 2015
Quintain Limited engages in property investment and development activities primarily in the United Kingdom and the Channel Islands. The company’s property investment and development assets are located at Wembley Park, London. It manages commercial and residential investment portfolio; and provides asset management services. The company was formerly known as Quintain Estates & Development PLC and changed its name to Quintain Limited in February 2016. Quintain Limited was founded in 1992 and is headquartered in London, United Kingdom.

Home Properties

Acquisition in 2015
Home Properties, Inc. (Home Properties) is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, acquires, develops and rehabilitates apartment communities. The Company conducts its business through Home Properties, L.P. (the Operating Partnership), a New York limited partnership, and a management company, Home Properties Resident Services, Inc. (HPRS), which is a Maryland corporation. At December 31, 2012, the Company held 83.2% of the limited partnership units in the Operating Partnership (UPREIT Units). Home Properties, through its affiliates described above, as of December 31, 2012, owned and operated 121 communities with 42,635 apartment units (the Communities or the Properties). In February 2014, the Company announced that it has completed the sale of Cider Mill, a property containing 864 apartment units located in Montgomery Village, Md.

Balta Group

Acquisition in 2015
The Balta Group is the largest producer of textile floor coverings in Europe. With a consolidated gross turnover of 577 million Euros, 95% of its products exported to over 100 countries throughout the world. The Balta Group comprises: woven area rugs (Balta Rugs), wall-to-wall carpets and residential carpet tiles (Balta Broadloom and ITC), wall-to-wall contract carpet (Arc Edition), commercial carpet tiles (modulyss) and needle felt and technical non-wovens (Captiqs). The Balta Group has 8 production sites worldwide, including two in Uşak Turkey, and distribution centres in Sint-Niklaas, Belgium and Dalton, USA, that serves the North American market.

Jurys Inn

Acquisition in 2015
Jurys Inn Group Ltd. is a hotel operator based in Dublin, Ireland, with locations across the United Kingdom, Ireland, and the Czech Republic. The company, which was founded in 1839, offers a range of accommodation services aimed at both business and leisure travelers. Its hotels, located in city centers such as Brighton, Derby, Liverpool, and Nottingham, provide convenient access to local attractions. Jurys Inn hotels feature modern amenities, including contemporary restaurants, bars, coffee bars, and dedicated meeting rooms. Known for its commitment to customer service, the company emphasizes a personal touch, ensuring that guests receive attentive support and can enjoy conveniences like 24-hour staff availability and free WiFi. Jurys Inn operates as a subsidiary of Pandox AB and continues to adapt its services to meet the needs of its diverse clientele.
Continental Electronics Corporation, founded in 1946 and based in Dallas, Texas, specializes in designing, developing, and manufacturing radio frequency broadcast transmission equipment for a diverse range of sectors, including scientific, industrial, government, military, and broadcasting. The company produces both digital and analog amplifier systems and power supplies, offering a variety of products tailored for FM broadcast, shortwave, and low-frequency applications. Its equipment is utilized in high-power FM, HF, VHF, UHF, LF, and VLF applications, as well as in significant scientific endeavors such as particle accelerators, fusion research, and defense communications. In addition to its core products, Continental provides technical and sales support, along with parts and product services, to ensure comprehensive customer assistance. Formerly known as DRS Broadcast Technology, Inc., the company rebranded in March 2005 and has experienced growth in response to the industry's shift from analog to digital technology.

IKB Asset Management

Acquisition in 2008
IKB Asset Management, established in 1924, is a German financial service provider that operates as the asset management division of IKB Deutsche Industriebank. The firm specializes in supporting medium-sized enterprises and private equity funds across Germany and Europe by offering a range of services, including loans, risk management, capital market services, and advisory support. With a strong emphasis on fostering stable, long-term relationships, IKB Asset Management leverages its deep understanding of the unique challenges faced by medium-sized businesses. The company is headquartered in Düsseldorf and has additional offices in major cities such as Berlin, Frankfurt, Hamburg, Munich, Stuttgart, London, Madrid, Milan, and Paris, employing approximately 1,450 individuals, including those at IKB Leasing GmbH.
Accredited Home Lenders is a mortgage banker that originated, acquired, serviced, and sold mostly subprime single-family mortgages for homebuyers throughout the US who did not otherwise qualify. It operated through a network of independent mortgage brokers. Private equity firm Lone Star Funds bought Accredited Home Lenders for some $400 million in 2007. The fund invested an additional $100 million of working capital in the company shortly after the deal was finalized, but it was not enough to keep the firm afloat. Accredited Home Lenders Holding Company and its subsidiaries filed for Chapter 11 bankruptcy in May 2009.

Korakuen Finance

Acquisition in 2006
Korakuen Finance, a Japan based mid-sized lender.