Kelso & Company

Kelso & Company is a private equity firm based in New York, established in 1980, that specializes in North American middle-market investments. With a focus on growth-stage companies, Kelso has raised eight private equity funds since its inception, including its current $4.9 billion Fund VIII. The firm emphasizes leveraged buyouts and platform acquisitions, targeting investments between $50 million and $500 million in companies with enterprise values ranging from $250 million to $2.5 billion. Kelso's investment strategy is rooted in the principles of the Employee Stock Ownership Plan, which aims to create alignment between management and shareholders. The firm seeks partnerships with strong management teams and prioritizes retaining existing leadership while encouraging significant personal investments from key managers in portfolio companies. Kelso actively invests across various sectors, including business services, consumer products, healthcare, and technology.

Marcia Ambrosi

Associate, Portfolio Operations

Phil Berney

Chairman, Member of the Kelso Management Committee and Investment Partner

Frank Bynum

Senior Advisory Partner

Keith Castaldi

Principal, Investments

David Cohen

Partner, Human Capital

Christopher Collins

Co-CEO, Investment Partner and Kelso Management Committee Member

Forrest Compton

Principal, Investments

Jim Connors

Senior Advisory Partner

Tim Duffy

Vice President

Stephen Dutton

Partner, Investment

Matthew Edgerton

Investment Partner

Cameron Fraser

Vice President

William Frayer

Partner, Investments

Michael Goldberg

Senior Advisory Partner

Michael Gordon

Managing Director

Alec Hufnagel

Investment Partner

Joseph Kopilak

CFO and Partner

Mike LeTourneau

Managing Director and Partner, Portfolio Operations

Esther Lee

Associate

Frank Loverro

Co-CEO, Kelso Management Committee Member and Investment Partner

Henry Mannix III

Investment Partner

Hank Mannix

Investment Partner

Alban Martini

Senior Associate

Howard Matlin

Senior Advisory Partner

Hugh McBride

Principal, Investments

Daniel McLaren

Associate

Beth Neumann

Partner and Head of Portfolio Operations

Michael Nichols

Partner, Capital Markets and Managing Director

Daniel Ogunlowo

Senior Associate

Sandy Osborne

Partner, Investments

Lindsay Paterson

Vice President

Serena Simpkins

Associate

Corinne Thomas

Senior Associate

Nick la Torre

Vice President

David Wahrhaftig

Senior Advisory Partner

Thomas Wall IV

Senior Advisory Partner

Benjamin Winston

Senior Associate

19 past transactions

Silver Spur

Acquisition in 2021
Silver Spur Corporation specializes in the manufacturing and supply of glass and plastic packaging products, including a wide range of bottles and containers. Its glass offerings encompass various types such as Boston round bottles, food and sauce jars, beverage bottles, and wine bottles, while the plastic segment includes high-density polyethylene (HDPE) and polyethylene terephthalate (PET) containers. The company also produces closures, including child-resistant options, and provides custom packaging solutions. Additionally, Silver Spur manufactures engineered medical and laboratory products, such as injectable vials and pre-filled syringes. Serving diverse industries including pharmaceuticals, nutraceuticals, food and beverages, cosmetics, as well as wine and liquor, the company operates manufacturing facilities in Taiwan and China and is headquartered in Cerritos, California. Founded in 1978, Silver Spur Corporation has established a strong presence in both domestic and international markets.

Ferraro Foods

Acquisition in 2021
Ferraro Foods, Inc. is a distributor of Italian food products, primarily serving the restaurant and pizzeria sector in the United States. Founded in 1975 and based in Piscataway, New Jersey, the company offers a diverse range of items, including pasta, premium cheeses, tomatoes, meats, seafood, and specialty food products imported from Italy and Europe. In addition to traditional food items, Ferraro Foods provides pizza boxes, food containers, and a coffee program featuring its Marino brand coffee packets and espresso pods. The company operates distribution centers in Piscataway and Mebane, North Carolina, utilizing a fleet of multi-temperature trucks and refrigerated loading docks for efficient transportation. Ferraro Foods also engages in export consolidation, ensuring quality food products and reliable service to its clients.

Refresh Mental Health

Seed Round in 2021
Refresh Mental Health is a provider of operational support services aimed at enhancing accessibility to quality mental health care across the United States. Founded in 2017 and headquartered in Jacksonville Beach, Florida, the company partners with various mental health practices that offer specialized programs addressing a wide range of psychiatric and therapeutic needs. By delivering financial backing, business operations, and marketing support, Refresh Mental Health enables clinicians to concentrate on delivering comprehensive and culturally competent care to their patients, thereby positioning mental health services as a vital aspect of preventative healthcare.

Inmark

Venture Round in 2020
Inmark, LLC specializes in providing a wide range of packaging products and services, focusing on rigid containers, temperature-controlled solutions, specimen transport, and dangerous goods packaging. The company offers innovative products, including parcel and pallet shippers, 4G combination packaging, various types of rigid containers, and customized solutions for clinical specimen transport. Inmark also delivers valuable services such as online regulatory compliance training for the transportation of dangerous goods, alongside in-person seminars and webinars. With more than 40 years of industry experience, Inmark has established itself as a trusted leader in packaging solutions, serving clients in sectors such as pharmaceuticals, medical devices, and clinical laboratories. Headquartered in Austell, Georgia, the company operates additional locations in North America, Europe, and Asia, allowing it to effectively distribute its products globally.

J.S. Held

Acquisition in 2019
J.S. Held LLC, established in 1974 in New York, is a consulting services firm that provides expertise across various sectors, including aerospace, food, healthcare, government, and real estate. The firm specializes in technical, scientific, financial, and advisory services, which include property damage assessment, safety consulting, engineering, forensic accounting, and water restoration. With a commitment to helping clients navigate complex and challenging situations, J.S. Held has expanded its operations over the years and now has multiple office locations across the United States.

Elara Caring

Acquisition in 2018
Jordan Health Services is a healthcare services company offering a full continuum of home-based care including home care and hospice to Medicaid and Medicare populations. The company has been in operation for over 35 years and has grown from a family-run, Medicaid-focused operation to become one of the leading professionally-managed home healthcare providers in the country.

Oasis Outsourcing

Private Equity Round in 2017
Oasis Outsourcing was founded in 1996 as a subsidiary of The Wackenhut Corporation. Today, Oasis Outsourcing is the largest private PEO in the United States and is a leading provider of comprehensive and cost-effective HR services to SMBs. The Company provides HR services, such as HR administration and development, employee benefit plan management, full-service payroll administration, risk management, and staffing and recruitment to over 4,700 SMBs and more than 160,000 WSEs in all 50 states and Puerto Rico. Through its nationwide platform, Oasis provides its solutions to clients across a broad spectrum of industries, including business services, hospitality and retail, manufacturing, technology, and wholesale trade, among others.

Premia Holdings

Private Equity Round in 2017
Premia Holdings invests its expertise and a modest amount of capital to secure minority stakes in high-growth technology businesses in the US and Europe. Premia Holdings also provides a range of advisory services to organizations grappling with the threats and opportunities posed by digital disruption.

Physicians Endoscopy

Venture Round in 2016
Physicians Endoscopy (PE), formed in July 1998, specializes in the development and management of freestanding, single-specialty endoscopic ASCs in partnership with practicing physicians and hospitals. In April 2017, Frontier Healthcare became part of the PE family. As of April 2017, PE is in partnership with 58 GI ASCs, over 550 gastroenterologists who perform over 490,000 annual procedures! Physicians Endoscopy partners with GI physicians to positively impact single-specialty ambulatory surgery centers’ bottom line. We leverage our rich industry expertise and experience building and acquiring ambulatory surgery centers across the U.S. to foster positive provider and patient experiences. Whether you are looking to open a new ambulatory surgery center, considering embarking upon an acquisition or entering a hospital joint venture partnership, Physicians Endoscopy can support you every step of the way.

Physicians Endoscopy

Acquisition in 2016
Physicians Endoscopy (PE), formed in July 1998, specializes in the development and management of freestanding, single-specialty endoscopic ASCs in partnership with practicing physicians and hospitals. In April 2017, Frontier Healthcare became part of the PE family. As of April 2017, PE is in partnership with 58 GI ASCs, over 550 gastroenterologists who perform over 490,000 annual procedures! Physicians Endoscopy partners with GI physicians to positively impact single-specialty ambulatory surgery centers’ bottom line. We leverage our rich industry expertise and experience building and acquiring ambulatory surgery centers across the U.S. to foster positive provider and patient experiences. Whether you are looking to open a new ambulatory surgery center, considering embarking upon an acquisition or entering a hospital joint venture partnership, Physicians Endoscopy can support you every step of the way.

Sirius Computer Solutions

Acquisition in 2015
Sirius Computer Solutions is a national integrator of technology-based business solutions that cater to various aspects of enterprise operations, including data centers and business lines. The company specializes in information technology infrastructure and technology integration services, focusing on areas such as business continuity, converged infrastructure, asset management, application integration, digital transformation, and managed services. By leveraging products and services from leading technology companies, Sirius aims to help clients respond swiftly to market changes while reducing costs and complexity, enhancing service levels, and mitigating risks. Their dedicated teams of certified experts ensure that solutions are effectively installed, configured, and supported, allowing IT professionals to improve reliability and flexibility in their operations.

Risk Strategies Company

Acquisition in 2015
Risk Strategies Company (RSC) is a privately-held, national firm with offices across the country. As a leading US insurance broker, we offer sophisticated risk management advice and insurance placement for property & casualty and employee benefits risks. We serve companies of all sizes, non-profits, public entities, and individuals, and have access to all major insurance markets.

Venari Resources

Private Equity Round in 2014
Venari Resources, LLC is a privately held company engaged in deep-water oil exploration and production in the Gulf of Mexico. Founded in 2012 and headquartered in Houston, Texas, with an additional office in Dallas, the company targets the oil-prone subsalt region of this prolific basin. As activity in the Gulf of Mexico increases, Venari is recognized as a key non-operating partner by various exploration and production companies, leveraging its experienced team of leaders, engineers, and commercial specialists who have collaborated for over a decade. Venari Resources aims to capitalize on the abundant natural resources and potential for value creation in this attractive offshore environment.

Venari Resources

Private Equity Round in 2014
Venari Resources, LLC is a privately held company engaged in deep-water oil exploration and production in the Gulf of Mexico. Founded in 2012 and headquartered in Houston, Texas, with an additional office in Dallas, the company targets the oil-prone subsalt region of this prolific basin. As activity in the Gulf of Mexico increases, Venari is recognized as a key non-operating partner by various exploration and production companies, leveraging its experienced team of leaders, engineers, and commercial specialists who have collaborated for over a decade. Venari Resources aims to capitalize on the abundant natural resources and potential for value creation in this attractive offshore environment.

4Refuel

Acquisition in 2013
4Refuel Canada LP specializes in mobile refueling services and operates across Canada and the United States. Founded in 1984 and based in Oakville, Canada, the company has established itself as a leader in the Mobile On-site Refueling (MOR) industry, conducting over 3.5 million fueling transactions annually and serving more than 6,000 clients in various sectors, including transportation, construction, marine, mining, rail, and oil and gas. 4Refuel offers a range of services, including mobile on-site refueling, bulk diesel fuel delivery, mobile diesel exhaust fluid refueling, and generator refueling. Additionally, the company provides an online fuel management portal to help clients track and manage their fuel consumption, ultimately reducing downtime and expenses associated with fuel delivery. With a significant presence across over 900 cities, 4Refuel is recognized for its reliability and efficiency in meeting the diverse needs of both large and small customers.

IAA, Inc. (NYSE:IAA)

Acquisition in 2005
Insurance Auto Auctions, Inc. is one of the leading North American salvage auto auctions with the largest facility footprint, strong buyer base and high auction returns. Their exclusive focus on the automotive total-loss industry and over 150 corporate owned facilities across the United States and Canada provide Sellers and Buyers with the best solution to process and acquire total-loss, recovered-theft, fleet lease, dealer trade-in and collision damaged rental vehicles. Their hybrid auction model, including live, Internet and proxy bidding – combined with their mature buyer base and diverse inventory – produce exceptional returns from each sale. With over 25 years in the industry, they hold the most comprehensive warehouse of automotive total-loss auction data.

BWAY

Acquisition in 2002
BWAY is one of the largest manufacturers of rigid metal and plastic containers in North America. Their diverse products and broad geographic reach have made them a market leader in the general line packaging industry. They make the innovative products that customers require to succeed today and beyond.

VetExchange

Series B in 2000
VetExchange, the first veterinary information management system, is designed to streamline operations in veterinary clinics and throughout the industry as a whole. Their fully integrated system offers one-stop access to valuable resources such as practice management tools and electronic patient records, allowing subscribing veterinarians to confer on cases and diagnostic images and share information instantly via the Internet. VetExchange unites all participants in the veterinary industry - from the people who make gauze and bandages, to the publishers who bring you breaking news and continuing education tests, to the clients who trust you with their beloved pets. This improved relationship management ultimately creates a higher level of veterinary care

The Consumer Financial

Venture Round in 2000
The Consumer Financial Network, headquartered in Duluth, GA, is a sophisticated e-commerce platform for financial services and related benefits over the Internet and an around-the-clock teleweb customer service center. CFN is provided at no cost to large companies and associations for distribution as a human resource benefit to their employees or members.
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