Olympus Partners
Encyclopedia
Olympus Partners is a private equity
Private equity
Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm focusing on leveraged buyout
Leveraged buyout
A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...

 and growth capital
Growth capital
Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

 transactions. Although the firm invests in a wide array of industries, over time it has focused more on six industry groups:
  • Business services,
  • Logistics and transportation services,
  • Healthcare manufacturing and services,
  • Financial services,
  • Consumer and restaurants,
  • Software and IT services.


The firm is headquartered in Stamford, Connecticut
Stamford, Connecticut
Stamford is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643, making it the fourth largest city in the state and the eighth largest city in New England...

 with approximately 20 employees. Among the firm’s most notable current and prior investments are Ann's House of Nuts, Ariel Re, Entrust
Entrust
Entrust Inc. is a $100 million privately-owned software company with 350 employees. It provides identity-based security software and services in the areas of public key infrastructure , multifactor authentication, Secure Socket Layer certificates, fraud detection, digital certificates and mobile...

,K-MAC Enterprises, Nebraska Book Company, New Vision Television, Symmetry Medical, Tempest Re, and TravelCenters of America
TravelCenters of America
TravelCenters of America is the largest "full service" truck stop chain in North America. The majority of customers are professional truck drivers. The corporate headquarters is located in Westlake, Ohio, a suburb of Cleveland...

. Since its inception, Olympus has made investments in over 50 companies.

History

Olympus Partners was founded in 1988 by Robert S. Morris, who had previously served as Senior Vice President of General Electric Investment Corporation
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

, where he managed General Electric Pension Trust's $1.6 billion private equity portfolio.

Since its inception in 1988, Olympus has raised five institutional private equity fund
Private equity fund
A private equity fund is a collective investment scheme used for making investments in various equity securities according to one of the investment strategies associated with private equity....

s, with total investor commitments of approximately $3.1 billion:
  • 1990 - Olympus Private Placement Fund - $101 million
  • 1994 – Olympus Growth Fund II - $268 million
  • 1998 – Olympus Growth Fund III - $505 million
  • 2003 – Olympus Growth Fund IV - $758 million
  • 2007 – Olympus Growth Fund V- $1.53 billion

External links

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