CCMP Capital is a private equity investment company that focuses on two types of transactions, leveraged buyouts and the acquisition of growth capital companies. A leveraged buyout is a contract that uses a combination of an asset’s equity and borrowed money structured in such a way that the target’s cash flow is used as the actual collateral or leverage to secure and repay the borrowed money. A famous example of a leveraged Buyout of this type was the sale of one of the Americas leading iconic companies RJR Nabisco to the firm of Kohlberg, Kravis, Roberts & Co. RJR Nabisco was a conglomerate that sold tobacco and food products headquartered in the Calyon Building in Midtown Manhatten, New York City. This transaction was so significant that a movie with the name of “Enemy At The Gates” was made about it. This transaction also foretold the rash of leveraged buyouts that were to descend on the American economy in the coming decades. Growth equity companies are firms that generate returns by investing in companies that create value through revenue growth. While this is a rather fuzzy explanation it is nevertheless factual in its overview. There are obviously many different variables available that have to be agreed upon internally before implementing any particular type of strategy.
Stephen Murray CCMP Capital also acted as the president and CEO until his untimely death in March of 2015 as reported by Fortune. In his business and private life he was a private equity investor himself who also never tired of the game. He started in the world of finance as a 1984 graduate of Boston College with a degree in economics and also a masters degree in business administration from the prestigious Columbia Business School. All of this selective highly revered education prepared him for his introduction to the business world and the world of high finance and in 1984 Steve entered the credit analysis training program in Manufacturers Hanover Corporation. In 1989, he became involved in the MH Equity Corporation, a finance branch of Manufacturers Hanover. In 1991, Manufacturers Hanover was purchased by Chemical Bank and Manufacturers Equity merged with Chemical Ventures Partners. In 1996, Chemical Bank merged with Chase Manhatten Corporation and Chemical Venture Partners became Chase Capital Partners. In 2005, Stephen Murray co-founded CCMP Capital and in 2007 was named its CEO.
Even though the death of its CEO has struck the firm hard as Bloomberg reports. CCMP’s untimely loss has not dampened the company’s spirit or its direction. To date, they have invested over $12 billion in both leveraged buyout and growth capital transactions. The company is also ranked as number 17 among the world’s largest and most profitable private equity funds. CCMP also operates with over 50 highly skilled employees and has offices in New York City, London, Hong Kong, and Tokyo.