
Wasserstein & Co.
Description
Wasserstein & Co. is a well-established independent investment firm based in New York City, specializing in mid-market private equity and credit investments. Since its inception in 1994, the firm has cultivated a reputation for its disciplined approach to value creation across its portfolio companies. Wasserstein & Co. primarily focuses on strategic investments within the consumer products, industrial, and media and communications sectors, seeking to acquire controlling stakes in businesses with strong fundamentals and growth potential. Their investment philosophy emphasizes operational improvements, strategic growth initiatives, and active partnership with management teams to drive long-term value.
The firm manages capital on behalf of a diverse base of institutional investors, including pension funds, insurance companies, endowments, and family offices. Over its history, Wasserstein & Co. has managed over $3 billion of capital across its private equity funds and credit vehicles, demonstrating significant financial capacity. Their recent private equity funds, such as Wasserstein Partners IV and V, have each raised approximately $500 million, providing substantial dry powder for new investments. These funds typically target companies with enterprise values ranging from $100 million to $1 billion, with the firm's equity checks reflecting a significant ownership position.
Wasserstein & Co. has a track record of successfully executing buyouts and recapitalizations, with a focus on enhancing the strategic value of its portfolio companies. The firm has invested in 27 companies since its founding, showcasing a selective yet consistent investment pace. Their New York base serves as a hub for their investment activities, primarily within the United States. The firm's long-term perspective and deep sector expertise allow them to navigate complex transactions and support their portfolio companies through various economic cycles, aiming for robust returns for their limited partners.
Investor Profile
Wasserstein & Co. has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 5 rounds, about 20% of its total and boasts 17 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Private Equity, Series A rounds (top funding stages).
- Majority of deals are located in United States, Switzerland, United Kingdom.
- Strong thematic focus on Manufacturing, Semiconductor, Telecommunications.
- Typical check size: $50M – $150M.
Stage Focus
- Series Unknown (32%)
- Private Equity (28%)
- Series A (16%)
- Series B (12%)
- Post Ipo Equity (8%)
- Series E (4%)
Country Focus
- United States (88%)
- Switzerland (4%)
- United Kingdom (4%)
- Canada (4%)
Industry Focus
- Manufacturing
- Semiconductor
- Telecommunications
- Electronics
- Software
- Optical Communication
- Food And Beverage
- Enterprise Software
- Hardware
- Information Technology
Frequently Asked Questions
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