Quad-C Management Announces Three New Majority Investments
Charlottesville, VA, October 8, 2014 – Quad-C Management, a leading middle market private equity firm, today announced that it has made three new majority investments in partnership with the founders and senior management of each business. Two of the acquisitions are in the business services sector; the third is in the veterinary sector.
“Quad-C has had a very productive year on the new investment front. We are pleased to announce these platform acquisitions, all of which fall into sectors where we have a strong dedicated focus and have been actively seeking opportunities,” said Steve Burns, Senior Partner. “We feel fortunate to be partnering with such talented management teams and look forward to jointly creating value in these businesses. In all three cases, the founders of the business are significant investors alongside us in these deals.”
The three recent investments include:
- McKissock – Quad-C invested in professional education provider McKissock LP in August 2014. Founded in 1990, McKissock is a leading online provider of state and federally mandated continuing education and professional certification courses across a diverse range of industries from real estate to health care.
- Veterinary Specialists of North America – In partnership with John Payne, a leading executive in the veterinary sector, Quad-C formed Veterinary Specialists of North America (VSNA) in September 2014. VSNA is a veterinary services organization and its affiliated hospitals provide specialty, emergency and general veterinary care at facilities located in the mid-Atlantic region.
- Vaco – Quad-C took a majority interest in best-in-class consulting and placement firm Vaco in October 2014. Founded in 2002 and based in Nashville, Vaco provides IT, Accounting and Finance professionals on a project, consulting or permanent basis.
“We see multiple avenues of growth for each company, both organic and via acquisition,” said Tim Billings, a Partner at Quad-C. “Our strategy will include expanding the geographic footprint of these companies through greenfield development or acquisitions, expanding our offerings and services, adding people with specialized skill sets or increasing capital investment in current products and processes to drive continued growth.”
Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in well-established business services, healthcare, transportation/logistics, consumer, general industrial, and specialty distribution companies. In its 25-year history, Quad-C has invested over $2 billion of equity across more than 50 companies. The Quad-C team is committed to partnering with entrepreneurs and management teams to accelerate growth and create long-term value. www.quadcmanagement.com