GTCR LLC is a private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. Since 1980, GTCR has invested more than $15 billion in over 200 companies.
Hereof, who owns GTCR?
Having co-founded Golder, Thoma, Cressey, Rauner (“GTCR”) and Thoma Cressey Equity Partners before founding Cressey & Company, Bryan Cressey helped pioneer the Firm’s “Target, Partner and Build” strategy in the late 1970s and has been investing in successful, growing healthcare businesses ever since.
Beside this, what is a private equity firm do?
A private–equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital.
Is Consumer Cellular being sold?
Consumer Cellular, the Portland, Oregon-based MVNO founded by two friends in 1995, has agreed to sell a controlling stake to the Chicago-based private equity firm GTCR. Terms were not disclosed. Consumer Cellular focuses on the older demographic.
Who just bought Consumer Cellular?
After a bidding war that involved Dish Network, Altice USA, Ultra Mobile, a group led by Boost Mobile founder Peter Adderton and others, Chicago private equity company GTCR has purchased Consumer Cellular for around $2.3 billion.
Is Consumer Cellular being bought out?
28, 2020 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Consumer Cellular, Inc. (“Consumer Cellular” or the “Company”). … Evans succeeds Consumer Cellular founder John Marick who has served as the Company’s CEO since inception.