Versa Capital Management

Versa Capital Management, LLC is a private equity firm based in Philadelphia, Pennsylvania, founded in 2004. The firm specializes in control investments in distressed and special situations involving middle-market companies across a variety of industries in North America. Versa targets investments in companies facing challenges such as failed strategies, over-leveraged capital structures, and regulatory crises. Key sectors of interest include consumer products, industrial manufacturing, healthcare, financial services, and real estate. With approximately $950 million in committed capital, Versa typically invests between $5 million and $100 million per transaction in businesses with capital needs ranging from $30 million to $100 million and revenues of $50 million to $1 billion. The firm employs various investment structures, including senior and subordinated debt, equity, and strategic partnerships, to enhance value through active ownership and operational improvements.

Lewis Aronson

Principal of Operations

Robert Blumenthal

Managing Director of Human Capital

Stephen Dorman

Principal of Operations

Raymond French

COO

Aaron Headley

Principal, Investments

Seth Lemler

Operating Principal

Matthew Levitties

Managing Director

Aasif M. Musa

Analyst

William R. Quinn

Managing Director, Investments

Rick Schreiber

Managing Director, Transaction Development

4 past transactions

Alex Apparel Group

Acquisition in 2019
Alex Apparel designs, sources and distributes branded eveningwear dresses and separates to the better- and moderate-priced segment of the women’s apparel industry. The company’s classic designs are sold under the Alex Evenings, SL Fashions and Ignite Evenings brands and are distributed online and in over 3,400 leading department stores and specialty boutiques nationwide.

SynCardia Systems

Acquisition in 2016
SynCardia Systems, Inc. is a medical technology company based in Tucson, Arizona, established in 2001. The company specializes in the development, manufacturing, and commercialization of the SynCardia temporary Total Artificial Heart (TAH-t). This implantable device is designed to take over the full function of a failing heart in patients experiencing advanced heart failure. The SynCardia TAH-t serves as a critical bridge to transplantation, providing patients with a means to survive until a suitable donor heart becomes available. SynCardia operates in the United States, European Union, and Canada, focusing on improving outcomes for individuals with severe heart conditions.

Silver Airways

Acquisition in 2016
Provider of aviation services based in Hollywood, Florida. The company offers daily scheduled flights between gateways in Florida and The Bahamas and has a maintenance facility based at Orlando International Airport in Florida.

Sport Chalet

Acquisition in 2014
Sport Chalet is a prominent retailer of specialty sporting goods with over 50 years of experience in the industry. Operating stores in Arizona, California, Nevada, and Utah, the company is recognized for its exceptional customer service. Sport Chalet offers a wide range of products, including apparel, footwear, and sports equipment, aiming to enhance the shopping experience for sports enthusiasts. Focused on quality rather than size, the company strives to be the best in the retail sporting goods sector.
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