Versa Capital Management
Versa Capital Management is a private equity firm founded in 2004 and headquartered in Philadelphia, Pennsylvania, with additional offices in New York, Los Angeles, and Chicago. The firm specializes in control investments in distressed and special‑situation middle‑market companies across the United States. It targets companies with capital needs of $30 million to $100 million, revenues between $50 million and $1 billion, and enterprise values from $25 million to $500 million. Versa focuses on complex turnarounds, restructurings, and liquidations in sectors such as energy, materials, capital goods, retail, consumer staples, healthcare, financial services, information technology, telecommunications, utilities, and distribution. The firm structures deals through senior and subordinated debt, bond trades, contingent claims, strategic partnerships, asset‑backed equity, and asset purchases, and it seeks to enhance value through active ownership and operational improvements. With approximately $950 million of committed capital, Versa operates as a registered investment adviser.
Top Stages
5 past transactions
Alex Apparel Group
Acquisition in 2019
Alex Apparel Group, Inc. specializes in the design and distribution of women's eveningwear dresses and separates. Founded in 1989 and based in New York, the company markets its products under the brands Alex Evenings, SL Fashions, and Ignite Evenings. Catering to the better- and moderate-priced segments of the women's apparel industry, Alex Apparel Group offers a diverse range of classic designs suitable for various special occasions. The company's products are available through an extensive network, including over 3,400 leading department stores and specialty boutiques across the United States, as well as online platforms. This approach allows the company to provide value and reliability to its customers.
SynCardia Systems
Acquisition in 2016
SynCardia Systems, Inc. is a medical technology company based in Tucson, Arizona, founded in 2001. The company specializes in the development, manufacturing, and commercialization of the SynCardia temporary Total Artificial Heart (TAH-t), an implantable device designed to fully replace the function of a failing heart in patients with advanced heart failure. The SynCardia TAH-t serves as a critical bridge to transplant, enabling patients to survive while awaiting a matching donor heart. SynCardia operates in the United States, European Union, and Canada, focusing on improving outcomes for individuals with severe cardiac conditions.
Silver Airways
Acquisition in 2016
Silver Airways is a United States airline based in Hollywood, Florida. Its headquarters are located on the property of Fort Lauderdale-Hollywood International Airport. It operates daily scheduled flights between gateways in Florida and the Bahamas and maintains a maintenance facility at Orlando International Airport in Florida.
The Wet Seal
Acquisition in 2015
The Wet Seal is a California-based online fashion boutique offering a wide range of apparel and accessories for women. Its product categories include dresses, tops, shoes, denim, bottoms, jackets, and intimates.
Sport Chalet
Acquisition in 2014
Sport Chalet is a prominent retailer in the specialty sporting goods sector, operating for over 50 years with locations in Arizona, California, Nevada, and Utah. The company is recognized for its exceptional customer service and offers a diverse range of products, including apparel, footwear, and sporting equipment. Sport Chalet focuses on providing an outstanding shopping experience rather than pursuing market dominance, emphasizing quality service and customer satisfaction in its retail outlets.
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