Quad-C Partners X

Quad-C Management, Inc. is a private equity firm established in 1989 and headquartered in Charlottesville, Virginia. The firm specializes in management buyouts, growth capital, owner recapitalization, and industry consolidation, primarily targeting middle market companies across various sectors. Its investment focus includes business services, consumer products, industrials, healthcare, specialty distribution, and transportation/logistics. Quad-C typically invests between $25 million and $125 million in companies with an enterprise value ranging from $50 million to $500 million and an EBITDA of at least $10 million. The firm generally aims for a majority stake in its portfolio companies but may consider slightly smaller investments if it can retain control rights. Quad-C employs a mix of debt and equity funding, providing liquidity for owners and capital for growth, and typically seeks to exit investments within four to six years.

Tim Billings

Senior Partner

Michael Brooks

Partner

Spencer Burkholder

Principal

Stephen M. Burns

Managing Partner

Matthew B. Engel

Principal, Corporate Development

Anders Grorud

Vice President

Michael Hamod

Vice President

Dale Harris

Senior Associate

Thomas M. Hickey

Senior Partner

Tony Ignaczak

Managing Partner

Anthony Robert Ignaczak

Managing Partner

Thad Jones

Senior Partner

Zach Smith

Vice President

Matt Sorensen

Vice President

Christopher Tollefsen

Principal

Matt Trotta

Principal

Jack Walker

Partner

Frank Winslow

Senior Partner

22 past transactions

Titan Security

Private Equity Round in 2021
Titan Security Group (“Titan”) is a leading Chicago-based privately-held security services provider. They provide their clients with flexible, customized security solutions and superior customer service. Their approach combines traditional security staffing with electronic security systems to provide integrated and efficient, customized security solutions from a single source. Started in 1977, Titan is one of the largest regional security enterprises in the Chicagoland area. Titan Security Services, Inc. schedules approximately 35,000 hours per week and employs over 1,000 security staff. Headquartered in the Chicago Loop, Titan’s branch offices are strategically located to serve their clients in the Chicago suburbs. Titan’s service offerings include security staffing, consulting, investigations, and all aspects of security systems technology including digital CCTV, electronic access control, and all types of alarms.

Apps Associates

Acquisition in 2021
Apps Associates is a global provider of business and IT consulting services. We are passionate about helping our clients to adapt and grow in a changing world of technology by focusing on innovation, quality, process, workforce development and re-usable solutions.

Apps Associates

Secondary Market in 2021
Apps Associates is a global provider of business and IT consulting services. We are passionate about helping our clients to adapt and grow in a changing world of technology by focusing on innovation, quality, process, workforce development and re-usable solutions.

SEI Group

Acquisition in 2021
The SEI Group is a leading installer of a wide variety of residential building products for builders and general contractors in the single-family and multi-family residential construction markets in the metro Atlanta area.

Learners Edge

Acquisition in 2020
Learners Edge is a leading direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. s the distance learning model transitioned online, they invested heavily in an online platform that could deliver full course curriculum.

Textum

Private Equity Round in 2020
Textum Weaving, Inc. is a manufacturer specializing in advanced textiles designed for high temperature and harsh environments, catering to industries such as aerospace, defense, automotive, industrial, energy, and infrastructure. Founded in 1996 and based in Belmont, North Carolina, the company focuses on innovative reinforcement technologies that endure complex loading in extreme conditions. Textum produces a variety of textile products, including specialty and 3D textiles, tubular fabrics, uni-directional and standard 2-D fabrics, as well as near net shape preforms. Its offerings utilize high technology yarns such as carbon, ceramic, refractory metals, and aramids. The company’s textiles are employed in critical applications, including thermal protection systems, antenna windows, rocket nozzles, and brake systems, highlighting its role in enhancing safety and performance in demanding environments.

Boulder Scientific Company

Acquisition in 2019
Boulder Scientific Company, Inc. is a manufacturer of specialty chemicals based in Longmont, Colorado, established in 1972. The company specializes in producing a range of advanced products, including catalysts such as metallocenes and transition metals, specialty ligands and organics, boron compounds, and magnesium compounds. Its chemicals are utilized across various industries, including plastics, microelectronics, defense, and aerospace, both in the United States and internationally. Boulder Scientific is recognized for its unique chemistry, customized services, and commitment to quality and safety, which have contributed to its reputation as an industry leader for over 45 years.

Boulder Scientific Company

Private Equity Round in 2019
Boulder Scientific Company, Inc. is a manufacturer of specialty chemicals based in Longmont, Colorado, established in 1972. The company specializes in producing a range of advanced products, including catalysts such as metallocenes and transition metals, specialty ligands and organics, boron compounds, and magnesium compounds. Its chemicals are utilized across various industries, including plastics, microelectronics, defense, and aerospace, both in the United States and internationally. Boulder Scientific is recognized for its unique chemistry, customized services, and commitment to quality and safety, which have contributed to its reputation as an industry leader for over 45 years.

S.i. Systems

Seed Round in 2018
S.I. Systems Ltd. is a Canadian company specializing in staffing solutions for the information technology sector. Founded in 1994 and headquartered in Calgary, the firm provides a range of services including contract, contract-to-hire, and permanent placements across various IT disciplines such as software development, business analysis, project management, and application support. The company's expertise extends to sectors including financial services, healthcare, telecommunications, and natural resources. Additionally, S.I. Systems offers a proprietary web-based platform, MatchGuide, designed to connect clients with skilled IT professionals. The firm also provides flo-thru contractor services, which include contract administration, insurance, and payroll outsourcing for independent contractors, enhancing its support for clients in managing their workforce needs.

NJRetina

Acquisition in 2018
At NJRetina, their vision is clear—to provide the most advanced and compassionate care for our patients. Their physicians have outstanding professional credentials and are recognized for their expertise in diagnosing and treating the full range of retinal disorders. Because our physicians are sub-specialists with advanced training in a specific area of eye care, it is likely that your general eye care provider referred you to us. At NJRetina, you have easy access to our entire team of specialists and sub-specialists should you require additional vision care.

Galleher

Acquisition in 2017
Galleher Corporation, founded in 1937 and headquartered in Santa Fe Springs, California, is a prominent distributor of flooring products for both residential and commercial projects. The company provides a diverse range of offerings, including hardwood, vinyl, ceramic tile, laminate flooring, and carpet, alongside installation tools and accessories. Galleher also specializes in custom flooring manufacturing, catering to the specific needs of its clients. With over 325 employees, Galleher operates 23 locations across California, Nevada, and Arizona, serving more than 5,000 customers, including retail floor covering stores, design centers, and flooring contractors. The company is recognized for its commitment to quality and environmental compliance in its product offerings.

AIT Worldwide Logistics

Private Equity Round in 2017
AIT Worldwide Logistics, Inc. is a transportation management company that delivers comprehensive logistics and freight transportation solutions globally. Founded in 1979 and headquartered in Itasca, Illinois, the company offers a wide range of services, including ground transportation, air freight, ocean carrier services, customs brokerage, and supply chain management. Its ground services encompass various options such as less than truckload and truckload solutions, while air services include same day, next day, and charter flights. AIT also specializes in value-added services tailored to specific industries, including government, life sciences, perishables, and retail. The company emphasizes real-time visibility and efficient shipment routing to optimize supply chain performance for its clients. Operating through a network of agents and partners, AIT Worldwide Logistics serves a diverse array of sectors, helping businesses navigate the complexities of global logistics to enhance their operational efficiency and profitability.

Pharm-Olam

Venture Round in 2017
Pharm-Olam International, Ltd. is a multinational contract research organization that provides a wide range of clinical research services to the pharmaceutical, biotechnology, and medical device industries. Established in 1994 and headquartered in Houston, Texas, the company offers services including regulatory support, project management, clinical operations, trial management, medical affairs, data management, and biostatistics. Pharm-Olam supports clinical trials across various therapeutic areas such as oncology, cardiology, neurology, and infectious diseases, among others. The organization leverages its global network, particularly in emerging markets, to facilitate timely patient recruitment and accelerate study timelines. By focusing on quality data and efficient enrollment, Pharm-Olam aims to reduce costs for its sponsors and expedite the progression of clinical trials.

Krayden

Venture Round in 2017
Krayden, Inc. is a Denver-based distributor specializing in adhesives, sealants, coatings, soldering materials, cleaners, and solvents. The company serves a diverse range of industries, including aerospace, electronics, transportation, solar, oil and gas, and original equipment manufacturers (OEMs). In addition to its core distribution services, Krayden offers labeling, packaging, bar coding, and formulation services, positioning itself as a value-added distributor. By providing specialty chemicals and related products, Krayden aims to enhance its clients' product offerings while ensuring competitive pricing.

Stanton Carpet

Acquisition in 2016
Stanton Carpet Corporation, founded in 1980 by Sy Cohen, is a leading manufacturer and importer of decorative carpets and custom rugs, headquartered in Woodbury, New York. With a distribution and fabrication center in Calhoun, Georgia, the company serves both residential and commercial markets, including offices, restaurants, hospitality venues, and retail applications. Stanton offers a diverse range of products, including premium wool carpets, specialty collections, and various textures made from both natural and synthetic fibers. The company operates three divisions—Stanton Carpet, Royal Dutch Carpets, and Antrim Carpet—each featuring distinctive branded product lines. Stanton's extensive network includes over 5,000 retail partners across the United States and Canada, allowing it to deliver high-quality, designer-driven flooring solutions that emphasize style and value.

Rainbow Child Care Center

Acquisition in 2016
Rainbow Child Care Center provides early education services to more than 10,500 students, with 121 schools and before/after school programs in 12 states in the Midwest, Mid-Atlantic and Southeast U.S.

Inmark

Funding Round in 2016
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.

VMG Health

Acquisition in 2015
VMG Health, founded in 1995 and headquartered in Dallas, Texas, specializes in valuation and transaction advisory services exclusively for the healthcare sector. Over the past 20 years, the firm has established itself as a leader in the healthcare transaction market, boasting a team of 11 managing directors and over 100 professionals. VMG Health offers a comprehensive range of services, including business valuation, financial due diligence, dispute resolution, real estate appraisal, and capital asset appraisal. The firm is recognized for its integrity and expertise, catering to the unique needs of healthcare companies across the United States. With offices in Dallas and Nashville, VMG Health continues to evolve its offerings to adapt to the dynamic healthcare environment, providing clients with a centralized source for all their valuation and transaction advisory requirements.

VMG Health

Private Equity Round in 2015
VMG Health, founded in 1995 and headquartered in Dallas, Texas, specializes in valuation and transaction advisory services exclusively for the healthcare sector. Over the past 20 years, the firm has established itself as a leader in the healthcare transaction market, boasting a team of 11 managing directors and over 100 professionals. VMG Health offers a comprehensive range of services, including business valuation, financial due diligence, dispute resolution, real estate appraisal, and capital asset appraisal. The firm is recognized for its integrity and expertise, catering to the unique needs of healthcare companies across the United States. With offices in Dallas and Nashville, VMG Health continues to evolve its offerings to adapt to the dynamic healthcare environment, providing clients with a centralized source for all their valuation and transaction advisory requirements.

Wolf Home Products

Funding Round in 2015
WOLF provides kitchen and bath cabinetry and building materials, marketing and sales support and financial services to independent dealers in 33 states in the Eastern and Midwestern U.S. Since its founding in 1843, York, Pa.-based WOLF has evolved into a sourcing company that offers American-made, WOLF-branded products and other high-quality product lines.

Joerns Healthcare

Acquisition in 2014
Joerns Healthcare LLC is a manufacturer and service provider based in Charlotte, North Carolina, specializing in patient handling and wound care products. The company offers a wide range of solutions, including advanced injury and wound prevention products, support surfaces and mattresses, bariatric specialty equipment, and lifting and transfer devices. Additionally, Joerns Healthcare provides respiratory care equipment, such as oxygen concentrators and CPAP machines, as well as therapeutic devices like continuous passive motion devices and sequential compression devices. The company also supports healthcare providers through equipment rental, technician support, clinical education, and asset management services. Joerns Healthcare serves various sectors, including acute care, long-term care, hospice, and government care facilities, addressing the specialized equipment needs of these providers. Founded in 1889, the company was previously known as Joerns RecoverCare and has operated under its current name since February 2016.
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