CIVC Partners
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Company type | Private Ownership |
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Industry | Private Equity |
Founded | 1970 |
Headquarters | Chicago, Illinois, United States |
Products | Private equity funds |
Total assets | $1.8 billion |
Website | www |
CIVC Partners, previously known as Continental Illinois Venture Corporation, is a Chicago-based private equity firm that presently has over $1.8 billion of equity capital under management. The firm's predecessor was established in 1970 as a subsidiary of Continental Illinois National Bank and Trust Company. CIVC Partners provides growth and buyout capital to middle-market companies engaged in business services, utility and infrastructure services, facility services, transportation & logistics, outsourced services, environmental services, IT services, software & tech-enabled services, insurance services, compliance and risk management, digital marketing services and financial technology.[1] When Continental Illinois was acquired in 1994 by Bank of America, the CIVC team formed a semi-independent private equity firm, CIVC Partners, with backing from Bank of America. Today, CIVC is an independent middle-market private equity firm with a diverse group of L.P. investors, and recently raised its sixth fund.
CIVC's major investments from the past and present include: Crest Insurance Group, a leading insurance brokerage; Magna Legal Services, a legal support services firm; KPA, an EHS compliance management software company; The Brickman Group, a commercial landscaping company; Thermo Fluids, an environmental services company; Stoneridge Insurance Brokers, an insurance brokerage and managing general agent; EN Engineering, a utility/power/energy focused engineering company; PowerTeam Services, a provider of infrastructure services to the gas and electric utility industry; Ground Penetrating Radar Systems (GPRS), a nationwide provider of private utility locating and concrete scanning services; LA Fitness, a leading operating of full service fitness clubs throughout the US; and Wintrust Financial Corporation, a regional bank holding company.[2]
References
[edit]External links
[edit]www.civc.com (company website)