Westar Capital LLC

Established in 1987, Westar Capital LLC is a private equity firm specializing in investments in middle market companies. It does not consider investments in hostile or unfriendly takeover situations, commodity businesses, overly regulated industries, project-oriented financings like oil and gas exploration, and development stage high technology. Westar provides capital to acquire established growth companies in partnership with management. It seeks to provide equity financing for corporate expansion, restructurings, or acquisitions and will purchase significant equity positions from large shareholders seeking liquidity. Westar seeks to invest in fragmented industries, corporate divestitures, buyouts, turnarounds, acquisitions of privately owned businesses, recapitalizations, growth equity financings, and PIPEs. The firm seeks to invest in aerospace and defense, business services, consumer products, healthcare services, and value-added manufacturing sectors. Westar seeks to invest in companies based in the United States. Westar seeks to invest between $5 million and $25 million but has the flexibility and capital to invest beyond that range. The firm prefers to invest in companies with annual revenues of at least $25 million and operating income of at least $5 million. Westar typically acts as a lead investor in its acquisitions and seeks to take a board seat at its portfolio companies.