CCMP Capital Advisors is a very popular private equity organization. The company mostly deals with buyouts and growth equity activities, especially in the upper middle market institutions. Since it was formed, the company has invested lots of money in consumer, retail and services, industrial, media and telecom, healthcare infrastructure, and even financial service sectors.
In the consumer services and retail industry, the institution focuses mostly on specialty retail, consumer packaged products, direct marketing, service industry among other activities. In the media and telecom investment department, CCMP mostly specializes in consumer trade publishing, broadcasting, content and programming, cable and wireless and wireline communication department. In the industrial department, CCMP makes investments in manufacturing, chemicals, distribution and automotive activities.
CCMP Capital is believed to have been established in the year 2006. The company was founded to precede with the investment strategies that were developed and also implemented by the organizations professionals as part of J.P Morgan Partners. The company had other predecessors known as Chemical Venture Partners, Chase Capital Partners, and Manufacturers Hanover.
Just recently, CCMP Capital Advisors named Robert Toth to become the Managing Director of the institution. Toth is expected to become an investment team member for the organization full time, and he is expected to work closely with the institution’s current portfolio companies. Toth has acquired a lot of experience while working in leadership roles in various organizations and this proves that he is the right person for the job.
Before getting this position at CCMP, Toth was working as the CEO and president of Polypore International. He was also a member of the board of trustees for this company. He has worked in many other senior positions, and it has enabled him to have the expertise required to handle a big institution like Stephen Murray CCMP Capital.
Since it was formed several years ago, the company has grown significantly, and it has managed to employ several people in its offices. Although the institution is based in New York, it has managed to open several branches in different cities. There are offices in London, Hong Kong, and even Tokyo. In the year 2008, the company appointed Mr. Greg Brennenmen to become the chair of the institution. In 2007, they had appointed one of the founding partners in the company to become the CEO, Mr. Steve Murray CCMP Capital.
In February last year, there was a report that Steve Murray had left the New York-headquartered organization. Steve Murray had worked in the institution for very many years, but in 2007, he was appointed to become the CEO of the powerful company. When he was leaving the company in February, the management of the company said that the reason for his departure was health related problems.
Just recently, Steve Murray passed way at his home at 52 years of age.