Rhône Group

Rhône Group is a mid-market private equity firm based in New York, with additional offices in London and Paris. Founded in 1996 by Robert Agostinelli and Steven Langman, the firm specializes in mergers and acquisitions, leveraged buyouts, and recapitalizations, focusing on investments across various sectors including business services, consumer products, chemicals, and industrials in Europe and North America. Rhône Group also provides financial advisory services, strategic alliances, and business valuation services. With total assets under management exceeding 7.5 billion, the firm employs over 100 professionals, many of whom have a longstanding history of collaboration from their previous experiences at Lazard and Goldman Sachs.

Martin Atlas

Principal

Franz-Ferdinand Buerstedde

Managing Director

Sara Eskola

Vice President

Lucas Flynn

Managing Director

Philip Kagan

Vice President

Marianne Kirkegaard

Managing Director

Chris Lando

Principal

Steven M. Langman

Managing Director and Co-Founder

Patrick Mundt

Managing Director

Patrick Mundt

Managing Director

Josh Pollack

Principal

Sam Williams

Vice President

8 past transactions

Wahoo Fitness

Acquisition in 2021
Wahoo Fitness, LLC is a company based in Atlanta, Georgia, that specializes in designing, developing, and manufacturing wireless fitness sensors and hardware tailored for smartphones in the health and fitness sector. Founded in 2009, Wahoo Fitness offers a diverse range of products including smart indoor cycling equipment, cycling computers, GPS watches, heart rate monitors, bike mounts, sensors, and various accessories to enhance training experiences for runners, cyclists, and fitness enthusiasts. Their products are designed to connect with applications on smartphones, enabling users to manage, display, and transfer fitness data effectively. Through its innovative offerings, Wahoo Fitness aims to improve training consistency and performance for individuals engaged in endurance activities.

illycaffè

Private Equity Round in 2020
illycaffè S.p.A. produces coffee and coffee machines. It offers whole bean coffee, iperEspresso capsules, espresso and moka, brewed coffee, and ESE pods; and coffee machines, including espresso machines, espresso and cappuccino machines, espresso and coffee machines, coffee makers, pour over makers, French press coffee makers, moka pots, frothers, and coffee grinders. The company serves coffee lovers at home, at fine hotels, restaurants and cafes, and at work.

GardaWorld

Acquisition in 2017
Garda World Security Corporation provides security solutions, cash logistics, and risk consulting services. The cash logistics segment offers armored transportation, cargo aircraft, deposit processing, cash vault, in-store cash control systems, and check imaging, and ATM services for banks and financial institutions, retailers, restaurants, and government agencies. The security solutions segment provides security agents for people and assets protection in various sectors, such as health care, government, telecommunications, natural resources, retail, property management, special events, and transportation. This segment also offers airport pre-board security screening, asset protection, crisis management, and patrol response services. The company also provides global risk consulting services, such as market entry strategy, project risk assessment, contingency planning, close protection, crisis response, and risk analysis services. It also provides pre-employment screening services comprising verifications of criminal records, credit reports, references, education, and professional accreditation, as well as psychometric assessments and drug and alcohol testing; and consulting and investigation services for the detection of wrongful acts and offenses, such as workplace harassment, assault, threats, absenteeism, drugs and narcotics, theft and fraud, forgery, copyright infringement, and industrial espionage, as well as work conflicts protective services. The company was founded in 1995 and is based in Montreal, Canada. As of November 13, 2012, Garda World Security Corp. was taken private.

Global Knowledge

Acquisition in 2014
Global Knowledge is a provider of IT and professional training solutions, established in 1995 and headquartered in Cary, North Carolina. The company offers a wide range of IT and business skills courses and certification programs aimed at helping individuals and organizations develop essential skills for success. By leveraging access to subject-matter experts and delivering authorized instruction through various formats, Global Knowledge addresses skill gaps for technology providers, enterprises, and government entities. Its focus on continuous talent development enables clients to enhance their capabilities and drive success in an increasingly competitive landscape.

Ranpak

Acquisition in 2014
Ranpak Corp. specializes in manufacturing paper-based packaging solutions tailored for various industrial and e-commerce needs. Established in 1972, the company produces a range of products designed for applications such as void fill, cushioning, wrapping, and cold chain solutions. Its offerings cater to diverse sectors, including automotive, electronics, medical supplies, and home furnishings, as well as logistics for temperature-sensitive goods. With a commitment to environmentally responsible packaging, Ranpak has developed expertise in the paper packaging industry and has expanded its operations internationally, employing over 350 individuals across locations in Ohio, the Netherlands, and Singapore. In 2019, it became a subsidiary of One Madison Corporation, further enhancing its market presence.

ASK Chemicals

Acquisition in 2014
ASK Chemicals is a suppliers of complete solutions and tailor-made consultation services for the foundry industry.

Utex Industries

Acquisition in 2011
Utex Industries custom designs and manufactures engineered seals and components made of high performance armored elastomers, polymers, urethanes, composites, and mechanical seals for clients in the oil and gas, water distribution, aerospace, and industrial markets. Utex Industries has manufacturing facilities totally more than 700,000 square feet of space throughout nine divisions in Texas and Europe. It acquired Applied Rubber Technology in 1994, AccuSeal in 1999, CAM Speciality Products and DuraQuest in 2008, and Arefco in 2011. Founded in 1969 as the successor of Universal Packing and Gasket, its headquarters is in Houston in Texas in the United States, with branches in Britain, Singapore, and Brazil.

Coty

Private Equity Round in 2011
Coty Inc. is a global beauty company that specializes in the manufacture, marketing, and distribution of fragrances, color cosmetics, and skin and body care products. The company operates through three main segments: Fragrances, Color Cosmetics, and Skin & Body Care. It offers a diverse portfolio of well-known brands, including Gucci, Calvin Klein, Burberry, and CoverGirl, catering to both prestige and mass markets. Coty distributes its products through various channels, including upscale perfumeries, department stores, hypermarkets, and e-commerce platforms, reaching consumers in around 150 countries. The fragrance segment accounts for the majority of its sales, followed by color cosmetics, while skincare and body care represent a smaller portion of its offerings. Founded in 1904 and headquartered in New York, Coty is known for its commitment to innovation and trend responsiveness, driven by a culture that encourages creativity and entrepreneurial spirit among its teams.
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