McCarthy Capital Invests in The Remi Group
McCarthy Capital has led a growth equity investment in The Remi Group. The investment in Remi is consistent with McCarthy Capital's investment strategy - partnering with proven management teams at market leading companies in growth industries.
Boston, MA (I-Newswire) January 3, 2013 - McCarthy Capital Corporation led a growth equity investment in the privately-held company The Remi Group, LLC ("Remi" or the "Company"). Headquartered in Charlotte, North Carolina, Remi is the leading provider of equipment maintenance management programs for the healthcare, higher education, government, and commercial market segments nationwide and has extensive experience securing high-profile public entity clients (www.theremigroup.com).
The Company's primary business is providing integrated maintenance management solutions for the technology utilized by small organizations and large institutional clients alike. Remi programs reduce the cost of maintaining their client's portfolio of equipment while delivering the services and systems necessary to ensure improved equipment performance, reduced equipment downtime, and enhanced customer satisfaction.
Remi has experienced three years of significant growth and is well positioned to achieve even higher growth rates over the next five years. "We selected McCarthy Capital as our partner to execute this business plan because we believe they share our vision for the future of this industry. We also were impressed by their experience, cultural compatibility, and partnership approach with their investments," said Dan Schuster, CEO of Remi. "It was very important to us that we found a partner that wanted to build a great company together that could achieve performance and results never achieved before by any company in the space," said Brent Howison, President of Remi. "This investment will support Remi's plan to increase overall staffing by 25% in 2013 as well as fund significant new marketing and sales initiatives nationwide."
The investment in Remi is consistent with McCarthy Capital's investment strategy - partnering with proven management teams at market leading companies in growth industries. "We are excited to partner with the exceptional management team at Remi in this growing, well-positioned business," said Bob Emmert, a partner at McCarthy Capital. "We believe Remi's people, technology, and proprietary expertise provide a unique platform for growth in the healthcare, higher education, government, and commercial market segments for years to come." "This investment is being made to fuel continued growth and will not change management, staffing, or ownership control of The Remi Group."
About McCarthy Capital Corp.
Based in Omaha, NE with offices in Boston, McCarthy Capital is a private equity firm focused exclusively on middle market companies with operating profits between $3 million and $25 million. McCarthy partners with existing management teams across a wide range of industries and is equally comfortable as a minority investor or majority shareholder. Typical investment sizes from $10 to $40 million are used to accelerate growth, provide liquidity to current shareholders and/or fund acquisitions. McCarthy Capital manages $600 million in private equity assets and capital commitments. For more information about McCarthy Capital, please visit http://mccarthycapital.com/.
Jennifer Daugherty is a Business Development Coordinator for The Remi Group LLC, located in Charlotte, NC. To learn more about The Remi Group and the services they provide, visit www.theremigroup.com or call 1-888-451-8916 #1.
About The Remi Group
The Remi Group provides comprehensive Equipment Maintenance Management Programs for Hospitals & Heal More..thcare Providers, Financial Institutions, Government Agencies, Colleges and Universities, Grocery Stores, and Commercial Operations. We specialize in providing quality service, technical resources, innovative management systems, and financially secure solutions. The Remi Group does not repair or maintain equipment; however, we do provide our customers with the tools and support necessary to reduce their maintenance budget while improving equipment performance.Less..
The Remi Group
11325 North Community House Road
Phone : 888-451-8916
Published On:January 3, 2013
Print Release:Print Release
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