When Stephen Murray decided to break away from the JPMorgan Chase & Co. in 2006, he made a lot of investors of happy. Murray was an astute investor and excellent deal maker on nytimes.com, and CCMP Capital Advisors was a perfect fit for him. Murray and his partners specialize in growth equity investments and middle-market leveraged buyouts. The company raised a $3.6 billion fund last year. As a founding partner, Mr. Murray got to do what he loved, and that was investing in companies in the energy, retail and healthcare industries. It is was not uncommon for CCMP to invest $100 million in a transaction, and many transaction were much more than that amount. Murray played a critical part in the Quiznos Corp investment as well as the Cabela’s Inc. deal. Murray spent more than 30 years in the investment industry and made a considerable impact on his partners and clients.
Stephen Murray CCMP Capital has offices in New York, Texas and London. The company has rebounded nicely from an internal reorganization. Managing Director Jonathan Lynch handles investor relations and director Richard Zannino co-heads the firm’s retail and consumer practice. That segment of the company oversees financial issues. Dina Colombo is now chief operating officer as well as the chief financial officer, and former CFO, Marc Unger now works on special projects for the firm. Timothy Walsh is another managing director, and he is responsible for the industrial segment of the business. Colombo says CCMP has enough money in their fund to go after some ripe new investments in 2016.
The company’s main thrust in 2016 is to focus on buyouts and growth equity investments in Europe and North America. The managing directors have several strategies in mind for a couple of retail chains as well as a company or two in the energy industry. Even though oil has hit what some investors call rock bottom, CCMP feels the current situation presents some great opportunities for mergers and buyouts because of the current condition of some small oil companies. Dina Colombo thinks that now is the time to put a deal together in the oil sector for several reasons. She says the price and the supply of oil are hurting small oil companies. Making a deal now would make small oil companies financially stronger and they will be able to ride out the current abundance of oil in storage.
The retail industry also has some very interesting investment opportunities. Thanks to the Internet, retail chains are struggling to beat last year’s figures. That trend is expected to continue especially if a global recession develops in 2016.