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Frontenac has teamed with Pat Mulhern, the former President of Monarch Foods, a $6 billion private brands business within U.S. Foods. Pat was also a founding partner of Vistar Corporation, the 7th largest U.S. foodservice distributor. Frontenac and Mulhern are targeting investments in the foodservice industry with a particular focus on value-added produce processors; seasonings, dressings, and sauces manufacturers; private label food processors; and food safety and traceability providers, wher
March 01, 2013
Frontenac has teamed with Ken Esterow, the former President and CEO of GTA by Travelport (a Blackstone portfolio company), a wholesale travel e‐commerce platform with $2 billion in gross revenue. Frontenac and Ken are targeting investments in B2B e-commerce, travel services industries, and specialized payment solutions, where Esterow can act as CEO or lead director.
February 22, 2013
Frontenac has completed the recapitalization of Portfolio Group in partnership with founding owners and CEO1ST partner Tom Dattilo, who will serve as Chairman. Portfolio Group is a leading provider of outsourced financial services to automobile dealerships, specializing in aftermarket, extended warranty and vehicle service contract programs. This represents the first investment in Frontenac’s 10th investment fund, Frontenac X Private Capital Limited Partnership, a fund formed in 2012.
December 31, 2012
BHG, which provides substance abuse treatment services, acquired five clinics in Texas and Kentucky, bringing its total clinic count to 28 locations. The two Texas clinics establish a BHG presence in the greater Houston area. The three Kentucky clinics strengthen BHG’s presence in the region and further diversify BHG’s outpatient treatment services.
December 18, 2012
Salient, which provides IT and engineering services to federal agencies, has acquired LIST Innovative Solutions. LIST is a provider of application software solutions to the Federal government, with strong growth as a prime contractor and complementary capabilities in the federal civilian market.
November 13, 2012
Frontenac has teamed with Scott Wald to target investments in the SaaS solutions and vertical market software markets where Wald can act as Chairman or lead director. Wald was founder/Chairman of SurePayroll, an internet-based payroll services company, and founder/CEO of ASAP Software Express, an IT solutions company. He has served as a board member of other successful technology companies, including InstallShield and OptionsXpress.
August 30, 2012
F&W Media has acquired Aspire Media, a leading multiplatform print and digital art and craft enthusiast media company. F&W Media is the leading enthusiast content provider and marketer of magazines, books, conferences and interactive media properties for a variety of communities. Frontenac has retained a minority stake in the company, which has tripled in size since its initial investment in 2005.
August 15, 2012
Salient, which provides IT and engineering services to federal agencies, has acquired ATS, a provider of high-end IT services and solutions to civilian, defense and national security agencies. The acquisition diversifies Salient’s revenue base and provides additional growth avenues into a variety of government agencies.
March 30, 2012
Walgreens (NYSE:WAG) has acquired Crescent, a provider of specialty home infusion services with a particular focus on chronic, high-cost diseases. Frontenac initially invested in Crescent in 2004, and since that time the company has doubled in size. Walgreens is the nation's largest drugstore chain, and also offers specialty and mail order pharmacy services.
February 06, 2012
Martone is the former COO of Automatic Data Processing (ADP), a Fortune 500 provider of outsourced business solutions to employers. Frontenac and Martone are targeting business services companies where Martone can act as chairman or lead director.
January 09, 2012
In partnership with the founding family and longtime CEO1st partner Bill Voss, Frontenac has recapitalized Mercer Foods, a second-generation, family-owned industrial food processor specializing in the freeze drying of fruits, vegetables, dairy products, and meat products for human and pet-food manufacturers and retail customers.
December 30, 2011
Behavioral Health Group (BHG) is a leading provider of outpatient substance abuse treatment services, primarily for addiction to prescription pain medication. Raleigh Professional Associates operates 3 outpatient clinics in Tennessee. The acquisition adds to BHG’s market-leading position in the state.
November 15, 2011
H-E Parts is a global distributor of equipment, components and parts to the mining and construction industries. The acquisition of DSM Group further diversifies H-E’s geographic footprint and provides it with Asian procurement capabilities and key intellectual property.
November 11, 2011
Frontenac has teamed with Bob Grubbs, the former President and CEO of Anixter International, a Fortune 500 industrial distribution company. Frontenac and Grubbs are targeting investments in distribution companies where Grubbs can act as chairman or lead director.
November 07, 2011
Salient Federal Solutions, which provides information technology and engineering services to federal agencies, announced the acquisition of the Electronic Security Systems (ESS) division of Dataline, a technology provider to the Department of Defense. ESS adds significant new capabilities to Salient, including expertise in the design, engineering and installation of consolidated emergency response systems.
October 04, 2011
Frontenac has completed the recapitalization of Behavioral Health Group (BHG) in partnership with founding management and Mike Cannizzaro, who will serve as Chairman. BHG is one of the largest operators of outpatient substance abuse treatment centers in the U.S. Cannizzaro has 35 years of senior leadership experience in healthcare companies, many of them private-equity backed.
August 18, 2011
Frontenac has completed the sale of WNCFirst Insurance Services (“WNC”) to an affiliate of Tokio Marine Group and the company’s original founders. WNC is a leading provider of specialty insurance products to financial institutions. Frontenac recapitalized the business in 2004 in partnership with the company’s founder-owners.
June 09, 2011
Frontenac has recapitalized in e+CancerCare in partnership with a new investor. e+CancerCare is a leading provider of outpatient cancer services through partnerships with local hospitals and physicians. Frontenac retains a significant minority stake in the company and believes it is poised for continued growth organically and through acquisitions as its sector consolidates.
June 06, 2011
Frontenac has recapitalized Wenner Bread Products together with CEO1ST partner Jeff Montie and its founding family. Wenner a second-generation, family-owned business, is a leading manufacturer of high-quality frozen, par-baked and fully baked dough, breads and rolls for food retailers’ in-store bakeries and food service operators. Montie is the former president of Kellogg’s.
June 01, 2011
Encore provides electronic services, including electronic discovery and web hosting, to law firms and corporate legal departments. Frontenac acquired the company in 2003. Epiq Systems (Nasdaq:EPIQ) is a global provider of solutions for electronic discovery, bankruptcy and class action administration.
April 04, 2011
Salient Federal Solutions, which provides information technology and engineering services to federal agencies, has acquired Command Information, an IT logistics and cyber security solutions provider. The acquisition provides Salient with new growth opportunities through additional agency expansion, as well as new product capabilities.
February 25, 2011
Frontenac has sold 3E, the industry leader in information and compliance services for corporate Environmental Health and Safety departments. Frontenac partnered with the company’s founder in 2002 to re-acquire the company, and recruited CEO1st executive Bob Christie to grow the business. Verisk Analytics (Nasdaq:VRSK) offers risk-assessment services and decision analytics to professionals in various fields.
December 16, 2010
A financial sponsor has acquired Systems Maintenance Services (SMS), which provides computer maintenance services, primarily to middle-market customers. The investment represented a repeat partnership with executive chairman Don Doctor, who was co-founder and CEO of Premier Systems Integrators, a prior Frontenac investment. Together with Doctor, Frontenac acquired SMS from its founder-owner in 2005.
October 19, 2010
In partnership with the executive management team, Frontenac has acquired Hospitality Staffing Solutions (HSS). The company is a leading national provider of outsourced hospitality staffing services to blue-chip hospitality franchises. HSS’s founding family has retained a meaningful ownership position in the company.
September 15, 2010
Salient Federal Solutions has completed the acquisition of SGIS from its founder-owners. Salient is an IT and engineering solutions company serving federal government agencies, formed by Frontenac with repeat CEO1ST partners Brad Antle and Ray Oleson. They previously partnered with Frontenac to build SI International.
June 25, 2010
Frontenac has entered into a partnership with the founder-owners of Diversified Maintenance Systems (DMS), who have retained a material equity position in the company. DMS is a leading national provider of outsourced janitorial and facilities maintenance services to retailers, logistics firms, and grocery stores.
March 03, 2010
SIGMA International Group, an importer and master distributor of products used in water and wastewater infrastructure, has acquired Unique Fittings and Flanges (UFF) which sells cast iron, ductile iron, and plastic fitting and flanges into the fire protection market. The purchase of UFF helps to diversify Sigma into a new end market and provides further growth avenues.
March 02, 2010
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