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Vestar Capital Partners

520 Madison Ave. 33rd Floor, New York, 10022, United States

Overview

Vestar Capital Partners is a middle-market private equity firm specializing in management buyouts, recapitalization, and growth equity investments. Headquartered in New York, with offices in Denver and Boston, we invest in companies with valuations from $100 million to $1 billion. Our target equity investment is $50 million to $150 million. Since our founding in 1988, Vestar has maintained a prudent, long-term approach to investing that has served us well throughout numerous business and economic cycles. We have completed 78 investments, in companies with a total value of more than $40 billion. We credit much of our success to a strong culture of partnership both within the firm and with our portfolio company management teams. We value transparency and collaborative decision-making. And with four founders continuing to manage the firm, we know first-hand the entrepreneurial spirit that drives our management teams to want to run a business as their own. Supporting that spirit has been the business of Vestar for over 25 years.

Total investments
1
Lead investments
1
Investments · 12mo
0
Active investors
10

Sector focus

  • Financial Services
  • Impact Investing
Visit website

Investment portfolio

  • Friday Health Plans

    Led · Equity · Apr 2021

    Friday Health Plans is a Denver-based health insurance holding company that offers technology-driven individual and small-group plans emphasizing simplicity and affordable benefits. Most plans include $0 primary care visits, $0 mental health counseling, free generic drugs and free telehealth visits, and are sold via national and state exchanges, brokers, and directly on Friday’s website. The company serves more than 70,000 members across Colorado, New Mexico, Nevada and Texas and reported membership growth of more than 400% in 2021. Friday intends to use new capital to expand into multiple new states annually and to accelerate its technology and operational innovation. Founded in 2015, Friday has grown through both acquisition—most notably the 2017 purchase of Colorado Choice Health Plans and continued operations in Alamosa—and organic growth. The company emphasizes operational efficiency, top-notch customer service, and consumer-centric technology in its offerings.

Team

  • Norm Alpert

    Co-Founder

    LinkedIn
  • Daniel S. O'Connell

    Founder

  • Robert L. Rosner

    Founding Partner and Chairman

  • James P. Kelley

    Co-President and Managing Director