Wasserstein

Wasserstein & Co. is an independent private equity and investment firm based in New York and Los Angeles. Established in January 2001 following the spinout of the merchant banking group from Wasserstein Perella & Co., the firm manages capital for the Wasserstein family as well as institutional and individual investors, which include pension funds, endowments, foundations, and high-net-worth families. Wasserstein & Co. operates primarily through two entities: Wasserstein Partners, which focuses on mid-market leveraged buyout investments, and Wasserstein Debt Opportunities, which specializes in high-yield bonds and leveraged loans. The firm aims to identify opportunities in private equity-backed, non-large cap high-yield issues that may exhibit price inefficiencies. The management team consists of experienced professionals who have collaborated for over two decades, ensuring a consistent approach to investment strategies.

Andrew McLellan

Managing Director

35 past transactions

Lionrock Recovery

Venture Round in 2020
Lionrock Recovery, a division of Lionrock Behavioral Health, Inc., specializes in providing online rehabilitation services for individuals struggling with alcohol and drug addiction. Established in 2010 and headquartered in Petaluma, California, the company utilizes secure video conferencing and a mobile app to deliver evidence-based treatment, including intensive outpatient programs and substance abuse counseling. Lionrock Recovery aims to address the needs of over 20 million Americans who require addiction treatment but may not have access to traditional services. By fostering referral relationships with leading inpatient addiction treatment programs and achieving accreditation from the Joint Commission, Lionrock stands out in the market as a value-focused option. The company emphasizes privacy and convenience, allowing clients to maintain their personal and professional commitments while engaging in recovery programs, workshops, and support group activities online.

Northstar Travel Group

Acquisition in 2016
Northstar Travel Group is a business-to-business publishing company specializing in information, news, and data for the travel and hospitality industries. Headquartered in Secaucus, New Jersey, with additional offices in Illinois, California, and North Carolina, the company provides a wide range of services including directories, publications, and destination information. It also organizes events and conferences while offering marketing solutions and custom communications. Northstar Travel Group delivers custom and syndicated research services, such as traveler profile studies and brand awareness studies, to help clients make informed decisions. Additionally, the company licenses travel content databases, which include updated hotel and destination data, supporting both printed and online products. Through its comprehensive offerings, Northstar Travel Group empowers decision-makers within the travel industry to identify and drive emerging trends.

Paris Presents

Acquisition in 2015
Paris Presents Incorporated, founded in 1947 and based in Gurnee, Illinois, specializes in producing and distributing beauty products and personal care accessories primarily for women. The company offers a diverse range of products under well-known brands such as EcoTools, Studio Basics, Real Techniques, Body Benefits, and Razz. Its product lineup includes makeup brushes, bath brushes, sponges, pumice stones, and various face, eye, and lip brushes. Paris Presents is dedicated to innovation and aims to enhance the beauty experience with its performance-driven product lines. The company markets its products through a network of retailers and directly via its website.

The American Lawyer

Acquisition in 2014
The American Lawyer is an online news source that covers legal businesses, law firms, and lawyers across the United States and around the world. It offers up-to-the-minute news and analysis as well as resources and tools that are critical for lawyers and administrators from the largest law firms. Featuring industry insights, and The American Lawyer's signature surveys and rankings, including The Am Law 100, The Am Law 200, The Global 100, and The A-List, The American Lawyer is a daily destination for people who are interested in being informed about the legal industry. The American Lawyer is based in New York, United States.

ALM

Acquisition in 2014
ALM Media, LLC is a leading provider of specialized content and information services tailored to the legal industry and other sectors including financial services, consulting, and insurance. Established in 1997 and headquartered in New York City, ALM delivers trusted reporting through a portfolio of prominent media properties, such as Law.com and The American Lawyer. The company offers a range of services, including proprietary data, research, surveys, and rankings, which assist clients in making informed decisions based on thorough analysis. With a global presence that includes 16 offices worldwide, ALM has been committed to serving its markets since its inception, evolving its offerings to meet the changing needs of professionals in various industries.

Recorded Books

Acquisition in 2014
Recorded Books is the largest independent publisher of unabridged audiobooks and a significant provider of digital content for libraries, schools, and retail markets. Founded in 1979 and headquartered in Prince Frederick, Maryland, the company boasts an extensive catalog of over 13,500 audiobook titles narrated by professional, award-winning actors. Recorded Books delivers digital audiobooks and eBooks through its proprietary OneClickdigital platform, and offers additional electronic resources such as digital magazines, films, and comics via its RBdigital Gateway platform. The company caters to a diverse clientele, including consumers, professionals, and educational institutions, facilitating access to quality digital content at competitive prices.

Globecomm Systems

Acquisition in 2013
Globecomm Systems, headquartered in Hauppauge, New York, specializes in satellite-based communications infrastructure solutions and services. The company offers a wide range of pre-engineered systems, systems design and integration, and comprehensive lifecycle support services. Its infrastructure solutions include the design, engineering, and installation of ground segment systems and networks, enabling various communications applications. Globecomm's offerings support a multitude of services, including video, data, voice, and wireless communications, and are tailored for clients in sectors such as government, maritime, media, and enterprise. The company also provides end-to-end managed network services, including network monitoring, installation, maintenance, and professional engineering. Additionally, Globecomm delivers multi-network infrastructure that encompasses satellite, terrestrial fiber, and cellular technologies, facilitating robust connectivity and data management systems for diverse applications, including IoT and enterprise video platforms.

High Pressure Equipment

Acquisition in 2012
High Pressure Equipment Company, based in Erie, Pennsylvania, specializes in manufacturing and supplying high pressure valves, fittings, tubing, and accessories. With over 60 years of experience, the company provides a comprehensive range of products designed for reliable, leak-free operation at pressures up to 150,000 psi. High Pressure Equipment serves various sectors, including oil and gas, waterjet cutting and blasting, institutional research, and the chemical and petrochemical industries. The company's commitment to quality, prompt delivery, and competitive pricing has established its reputation in the market. An extensive in-house inventory enables same-day shipping for many products, while a dedicated engineering and technical support team ensures efficient handling of custom orders, meeting the needs of clients effectively.

American Seafoods Group

Venture Round in 2008
American Seafoods Group LLC is a seafood company based in Seattle, Washington, with an additional office in Dutch Harbor, Alaska. Established in 1988, the company specializes in the harvesting, processing, and distribution of seafood, including wild Alaska Pollock, wild Pacific hake, wild Pacific cod, and wild yellowfin sole. These products are utilized in various sectors, including human and animal nutrition, cosmetics, and other industrial applications. The company operates a fleet of fishing vessels that employ advanced technology to ensure sustainable fishing practices and minimize environmental impact. American Seafoods Group aims to provide healthy marine products to the food industry while continually improving efficiencies in its operations.

ChipX

Series B in 2008
ChipX, Inc. is a Mixed-Signal ASIC company with the broadest offering of value-added ASIC solutions, including Standard Cell, Structured ASIC and Hybrid ASIC technology. ChipX has unique expertise in PCI Express, USB 2.0, DDR/DDR2 and data conversion mixed-signal cores; all are silicon proven and certified and they can be integrated in customers’ ASICs with a record first-time to market success. ChipX products are widely used in industrial applications, medical equipment and military/aerospace systems. Headquartered in Santa Clara, CA, ChipX is a privately held corporation, with a Research and Development subsidiary in Israel.

Encompass Digital Media

Private Equity Round in 2008
Encompass Digital Media, Inc. is a global provider of managed services specializing in video solutions for the media industry. Founded in 2007 and based in Atlanta, Georgia, with additional locations in the UK, Argentina, and various cities across the U.S. and Asia, the company serves a diverse clientele, including television networks, broadcasters, corporations, and government entities. Encompass offers a comprehensive range of services, including channel playout, content management, disaster recovery, and digital media services. It excels in both full-time network origination and live transmission, broadcasting over 900 channels in multiple languages globally. The company also provides non-linear services such as Video on Demand (VOD), IPTV, and IP streaming. With its Global Interconnect Fiber Platform, Encompass enables clients to manage and transport digital files seamlessly across various formats and platforms, ensuring efficient delivery of content to any destination.

Penton Media

Acquisition in 2006
Penton Media is a company that serves over sixteen million professionals daily by providing insights, information, and workflow tools essential for informed business decisions. It publishes trade magazines and operates industry-specific websites, offering a range of products including targeted publications, email newsletters, and data services. Additionally, Penton organizes exhibitions and trade shows to facilitate networking and community engagement among industry peers and partners. The company is recognized for its growth and strong performance in the market, supported by its co-owners, MidOcean Partners and U.S. Equity Partners II.

American Seafoods Group

Venture Round in 2005
American Seafoods Group LLC is a seafood company based in Seattle, Washington, with an additional office in Dutch Harbor, Alaska. Established in 1988, the company specializes in the harvesting, processing, and distribution of seafood, including wild Alaska Pollock, wild Pacific hake, wild Pacific cod, and wild yellowfin sole. These products are utilized in various sectors, including human and animal nutrition, cosmetics, and other industrial applications. The company operates a fleet of fishing vessels that employ advanced technology to ensure sustainable fishing practices and minimize environmental impact. American Seafoods Group aims to provide healthy marine products to the food industry while continually improving efficiencies in its operations.

So Delicious Dairy Free

Private Equity Round in 2005
So Delicious Dairy Free, based in Broomfield, Colorado, has been a pioneer in the dairy-free market for over twenty-five years. The company specializes in a diverse range of plant-based foods and beverages, including coffee creamers, frozen desserts, cheese alternatives, and premium dairy products. Committed to quality and sustainability, So Delicious emphasizes the use of organic ingredients and adheres to strict allergen-testing protocols. All products are 100 percent plant-based, Non-GMO Project Verified, and free from artificial sweeteners, trans-fats, and hydrogenated oils. By focusing on high-quality ingredients and innovative product development, So Delicious aims to provide enjoyable alternatives for those seeking dairy-free options while prioritizing the well-being of customers and the environment.

Meyer Material

Private Equity Round in 2005
Meyer Material Co. manufactures and supplies ready mixed concrete and construction aggregates in the Chicago-Milwaukee metro area. The company’s products and services include crushed stone, sand and gravel, recycled products, building materials, asphalt, liquid asphalt, paving and contracting, soil remediation, landscaping and construction supplies, and green building products.

pSemi

Series C in 2004
pSemi Corporation, a subsidiary of Murata, is a semiconductor company based in San Diego, California, focused on driving semiconductor integration. Building on the legacy of Peregrine Semiconductor, pSemi enhances Murata's capabilities through high-performance semiconductor solutions. The company specializes in a diverse range of products, including wireless and broadband radio frequency devices, integrated circuits, power management solutions, and connected sensors. pSemi's innovations support advanced modules used in smartphones, base stations, personal computers, electric vehicles, data centers, IoT devices, and healthcare applications. With a commitment to making electronics smaller, thinner, faster, and more efficient, pSemi aims to play a pivotal role in the connected world.

Mastercraft

Private Equity Round in 2004
MasterCraft Boat, a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. Founded in 1968, MasterCraft has cultivated its iconic brand through a rich history of industry-leading innovation, and more than four decades after the original MasterCraft made its debut the company's goal remains the same - to continue building the world's best ski, wakeboard, wakesurf and luxury performance powerboats.

Harry and David

Acquisition in 2004
We’re a leading gourmet gift company and a top 100 Internet Retailer with a reputation for quality. In 1934, brothers Harry and David turned their extraordinary Royal Riviera® Pears into the perfect holiday gift. To this day, we offer a wide variety of quality handpacked gift baskets and towers, fresh fruit gifts, gourmet treats, chocolate gifts and business gifts for every occasion. Our gifts are available online, in stores and catalogs, and through select retail partners. Shipped to arrive on time, in perfect condition. Guaranteed.

ChipX

Venture Round in 2004
ChipX, Inc. is a Mixed-Signal ASIC company with the broadest offering of value-added ASIC solutions, including Standard Cell, Structured ASIC and Hybrid ASIC technology. ChipX has unique expertise in PCI Express, USB 2.0, DDR/DDR2 and data conversion mixed-signal cores; all are silicon proven and certified and they can be integrated in customers’ ASICs with a record first-time to market success. ChipX products are widely used in industrial applications, medical equipment and military/aerospace systems. Headquartered in Santa Clara, CA, ChipX is a privately held corporation, with a Research and Development subsidiary in Israel.

Sportcraft

Acquisition in 2003
Sportcraft manufactures home recreational indoor and outdoor sports products.

pSemi

Series A in 2003
pSemi Corporation, a subsidiary of Murata, is a semiconductor company based in San Diego, California, focused on driving semiconductor integration. Building on the legacy of Peregrine Semiconductor, pSemi enhances Murata's capabilities through high-performance semiconductor solutions. The company specializes in a diverse range of products, including wireless and broadband radio frequency devices, integrated circuits, power management solutions, and connected sensors. pSemi's innovations support advanced modules used in smartphones, base stations, personal computers, electric vehicles, data centers, IoT devices, and healthcare applications. With a commitment to making electronics smaller, thinner, faster, and more efficient, pSemi aims to play a pivotal role in the connected world.

eMotion

Series A in 2002
eMotion, Inc. specializes in providing hosted business applications designed to manage and distribute digital media assets and marketing content. The company offers digital asset management software that enables corporations, advertising agencies, and nonprofit organizations to develop, manage, and distribute various media types, including digital photos, videos, and audio files. Its solutions facilitate the distribution of marketing materials across multiple locations, catering to the needs of blue-chip companies, entertainment firms, and government agencies. eMotion's offerings include brand portals, marketing extranets, and digital asset libraries, allowing users to streamline their media management processes. Established in 2000 through the merger of Cinebase Software and Picture Networks International, eMotion is headquartered in San Francisco, California, with an additional office in Vienna, Virginia. The company has operated as a subsidiary of Artesia Technologies, Inc. since 2008.

Adexa

Series E in 2002
Adexa, Inc., founded in 1994 by Dr. Cyrus Hadavi, specializes in enterprise business planning and performance management solutions that integrate strategic, financial, and supply chain planning. The company provides a comprehensive suite of tools, including its enterprise global planning system (eGPS), which encompasses demand planning, inventory optimization, factory planning, and network optimization. Adexa’s solutions utilize a unified data model, allowing for detailed supply chain modeling and the seamless conversion of high-level plans into executable strategies. The company has incorporated advanced technologies such as machine learning and artificial intelligence to enhance its offerings, evolving towards a Self-Correcting Supply Chain Planning® approach that proactively identifies trends and mitigates risks. Adexa serves a diverse global clientele across various industries, including automotive, healthcare, and consumer packaged goods. Headquartered in Los Angeles, California, the company has established international offices in Canada, Asia, Europe, the Middle East, and Africa, catering to numerous Fortune 1000 clients.

pSemi

Series A in 2002
pSemi Corporation, a subsidiary of Murata, is a semiconductor company based in San Diego, California, focused on driving semiconductor integration. Building on the legacy of Peregrine Semiconductor, pSemi enhances Murata's capabilities through high-performance semiconductor solutions. The company specializes in a diverse range of products, including wireless and broadband radio frequency devices, integrated circuits, power management solutions, and connected sensors. pSemi's innovations support advanced modules used in smartphones, base stations, personal computers, electric vehicles, data centers, IoT devices, and healthcare applications. With a commitment to making electronics smaller, thinner, faster, and more efficient, pSemi aims to play a pivotal role in the connected world.

Chip Express

Venture Round in 2002
Fit the CHIP Express™ digital diesel tuning box for more torque too. You'll immediately notice better acceleration from low down in the rev range and when using taller gears. And that means more pulling power - precisely what you need if you tow a caravan, a horse box, a boat or if you drive a heavily laden vehicle like a van or pickup.

SilverStorm Technologies

Venture Round in 2002
SilverStorm Technologies provides networking and clustered interconnect solutions for high performance business computing markets. It designs and manufactures an InfiniBand based set of solutions for the performance and I/O requirements of data center environments that utilize clustered topologies. The company markets its products through direct sales, and channel and technology partners globally. SilverStorm Technologies, Inc. was founded as InfiniCon Systems, Inc. in 2000 and changed its name to SilverStorm Technologies, Inc. in 2005. The company is headquartered in King of Prussia, Pennsylvania. As of November 01, 2006, SilverStorm Technologies, Inc. operates as a subsidiary of QLogic Corp.

INFICON Holding

Post in 2002
INFICON Holding AG is a Swiss company that specializes in providing advanced instrumentation and critical sensor technologies for gas analysis, measurement, and control across various industrial applications. Its products are essential for gas leak detection in air conditioning, refrigeration, and automotive manufacturing, as well as in the fabrication of semiconductors and thin film coatings used in optics, flat panel displays, and solar cells. INFICON's portfolio includes leak detectors, gauges, chemical detectors, mass spectrometers, and vacuum gauge controllers, all designed to enhance productivity, quality, and environmental safety. The company serves a diverse range of sectors, including life sciences, aerospace, packaging, and industrial processing. With manufacturing facilities located in Europe, the United States, and China, and a global presence through subsidiaries in multiple countries, INFICON is committed to maintaining high standards, evidenced by its ISO 9001 and ISO 14001 registrations. Its products are also RoHS compliant, reflecting the company's dedication to reducing harmful environmental impacts and energy consumption.

Element K

Venture Round in 2001
Element K specializes in the development of online learning software and resources aimed at enhancing leadership development, IT certification, compliance, and performance management. Founded in 1997 and based in Rochester, New York, the company offers a range of learning solutions that help organizations develop their employees, support partners, and educate customers. Its offerings include self-paced e-Learning courses, case studies, video testimonials, webinars, white papers, and research reports. Element K was acquired by SkillSoft in October 2011, expanding its reach and capabilities in the online education sector.

Cognigine

Series B in 2001
Cognigine Corporation is a communication semiconductor company developing innovative solutions for next generation Broadband and Optical Networks.

PetaSwitch

Series A in 2001
PetaSwitch Solutions, Inc. was formed in November 2000, to develop multi-terabit switch fabric silicon for metropolitan area networks and wide area networks. The chip set architect is composed of a Virtual Queue Manager (VQM) and a Concurrent Switch (CSW). They are differentiated from all other switch fabric chips by three patented features: 1) A request/grant protocol, 2) A three-stage intelligent flow control mechanism and 3) A spatial multicasting scheme. The chips can be replicated to obtain higher numbers of ports and/or higher bandwidth of the ports. Port speeds from OC-48 (2.5 Gbps) to OC-3072 (160 Gbps) can be accommodated to produce switches with over 5 Tbps bandwidth.

Blaze Network Products

Series B in 2000
Blaze is developing a fiber optic transceiver that uses wavelength-division multiplexing (WDM) techniques to improve the distance and capacity of multimode fiber (MMF).

Odwalla Juice

Private Equity Round in 2000
Odwalla is a producer of beverages and food products, known for its premium juice offerings. Founded in 1980 by musicians in Santa Cruz, the company has evolved from a small operation into a recognized brand that offers over 40 products, including single-flavor and blended fruit and vegetable-based juices, all-natural meal replacement shakes, dairy-free shakes, food bars, natural spring water, and frozen fruit bars. Odwalla emphasizes its commitment to environmental sustainability, recycling more than 98% of its waste and minimizing citrus waste sent to landfills. The brand caters to health-conscious consumers who value vitality and natural ingredients in their diets.

Blaze Network Products

Series A in 1999
Blaze is developing a fiber optic transceiver that uses wavelength-division multiplexing (WDM) techniques to improve the distance and capacity of multimode fiber (MMF).

IMAX

Private Equity Round in 1994
IMAX Corporation is a leading global entertainment technology company known for its immersive motion picture experiences. Specializing in advanced cinematic technologies, IMAX operates a worldwide network of theaters that serve as a premier distribution platform for major Hollywood films. The company utilizes proprietary technologies, including IMAX and IMAX 3D, to deliver unparalleled visual and audio quality. With over one billion people having experienced an IMAX presentation since its inception in 1970, the brand is synonymous with high-quality entertainment. IMAX theaters are situated in various venues, including commercial multiplexes, educational institutions, and destination entertainment centers. The company has formed strategic partnerships with prominent exhibitors worldwide to expand its commercial theater network while also maintaining its commitment to educational venues. Through its innovative technology and engineering capabilities, IMAX provides unique solutions for filmmakers, studios, and content creators, enhancing audience engagement and experience.

Maybelline

Private Equity Round in 1990
Maybelline is a prominent manufacturer of cosmetics and beauty products based in New York, United States. The company specializes in a diverse range of offerings, including skincare, fragrance, and personal care items. Its product line features an array of cosmetics such as mascaras, eye shadows, eyeliners, concealers, lip colors, and blushes, catering to various beauty needs and preferences. Maybelline is known for its innovative approach to beauty, aiming to enhance the everyday experiences of consumers through high-quality and accessible products.
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