Featured Case Studies

Universal SmartComp

Based in Washington, PA, Universal SmartComp is a nationwide physical medicine network solution in the workers’ compensation industry.

Dollar General

Headquartered in Goodlettsville, Tennessee, Dollar General is a national retailer that has been revived by private equity. The company’s growth and profitability had slowed and in 2007, the small-box discount retailer formed a strategic partnership with KKR. They identified that Dollar General could improve the business at the store and distribution levels and dramatically increase the company’s reach. Since partnering with KKR, Dollar General has opened more than 2,000 new stores, created over 20,000 new jobs, and grown revenue by 56 percent.

Hyland Software

In 2007, Cleveland, Ohio-based Hyland Software was a growing company that needed help to stay ahead in a highly competitive marketplace. Hyland formed a strategic partnership with private equity firm Thoma Bravo and as a result, the company was able to make acquisitions and integrate technologies necessary for growth. Since the initial investment, Hyland Software has more than doubled its number of employees.

ITC

As a result of its partnership with private equity firm KKR & CO. L.P., Michigan-based International Transmission Company was able to invest more than $400 million to rebuild and upgrade the transmission grid in southeast Michigan. ITC is now the largest independently owned and operated electricity transmission company in the U.S., serving customers in more than 2,000 communities in seven states across the Midwest.

Inmar

Since partnering with New Mountain Capital in 2006, Inmar has made significant investments in innovation, resulting in growing its revenues and its workforce. Based in Winston-Salem, North Carolina, Inmar is a national coupon and reverse logistics processing company. Every time a consumer goes to the cash register with a coupon, Inmar is behind the transaction, processing 3.8 billion transactions annually.

AxleTech International

With an injection of capital and management expertise from The Carlyle Group, AxleTech doubled employment from 500 to nearly 1,000 employees and increased aftermarket revenue by 300 percent between 2005 and 2008.

Rockwood Holdings, Inc.

Because of a decade long partnership with the private equity firm KKR, Rockwood Holdings, Inc. has expanded to become the largest global producer of lithium and lithium compounds used in lithium-ion batteries for smartphones, tablets, laptops and alternative transportation, such as hybrid electric vehicles.

Detroit Medical Center

In December 2010, Vanguard Health Systems, a Blackstone-owned company, acquired the Detroit Medical Center (DMC), one of Detroit’s leading healthcare providers and a nationally and regionally recognized medical system.

Project Service, LLC

In December 2009, Carlyle funded Project Service, LLC, a 35-year public-private partnership with the State of Connecticut to renovate and …

vRide

vRide is a ride sharing platform offering commuters an economical and environmentally friendly way to get to and from work each day. With an investment from the private equity firm TPG Capital, vRide was able to improve its business model, expand its footprint in numerous states and deliver exponentially more environmental benefits to the U.S.