Harvest Partners
 | |
| Company type | Private |
|---|---|
| Industry | Private Equity |
| Founded | 1981 |
| Founder |
|
| Headquarters | New York City, United States |
| Products | |
| AUM | $7.0 billion[1] |
| Website | www.harvestpartners.com |
Harvest Partners is a private equity firm focused on leveraged buyout and growth capital investments in middle market industrial, business services, consumer and retail companies.
The firm, which was founded in 1981 by Harvey Mallement and Harvey Wertheim, is based in New York City. Prior to co-founding Harvest, Mallement was managing partner of Masco Associates, making private equity investments on behalf of Masco Corporation[2] and Wertheim managed venture capital and private equity investment activities at Research and Science Investors, a venture capital and investment management firm.
Since inception, Harvest has raised approximately $5 billion of investor capital across seven investment funds:
- 1992 - $20m - Harvest Partners I
- 1996 - $120m - Harvest Partners II
- 1997 - $362m - Harvest Partners III
- 2002 - $558m - Harvest Partners IV
- 2006 - $815m - Harvest Partners V[3]
- 2011 - $1.1b - Harvest Partners VI[4]
- 2016 - $2.2b - Harvest Partners VII[5]
In October 2018, Goldman Sachs Asset Management's Petershill program made a strategic minority investment in Harvest Partners representing 15 percent of the firm.[6]
Source: Private Equity Intelligence
References
- ^ Based on capital raised since inception. Source: Private Equity Intelligence
- ^ Masco Corporation. FundingUniverse
- ^ Harvest Partners Raises $815 Million Fund, June 18, 2007
- ^ Harvest Partners
- ^ Harvest Partners
- ^ Partners, Harvest. "Harvest Partners Announces Strategic Minority Investment by Goldman Sachs Asset Management". www.prnewswire.com. Retrieved 2018-11-01.
- Harvest Partners completes $436 Million acquisition of Associated Materials
- Harvest Partners Exits New Flyer Investment, Sep 4, 2008
- Harvest Partners Agrees to Sell Aquilex Holdings[permanent dead link], October 7, 2008
- COMPANY BRIEFS: Scandura Inc.. New York Times, January 31, 1995
- COMPANY BRIEFS: Praxair, Inc., New York Times, June 11, 2004
- COMPANY BRIEFS: Evenflo Company, New York Times, August 6, 2004
- COMPANY BRIEFS: Levlad Inc., New York Times, December 2, 2004
- The Churn: People, New York Times, June 29, 2007
External links
- Harvest Partners (company website)