CCMP Capital Continues to Expand Its M&A Transactions After Stephen Murray Raised Over $3 Billion in Funds

Former Co-founder, Chief Executive Officer and President of CCMP Capital, Stephen Murray closed one of the largest capital fund raisings for the buyout & growth investment firm. Mr. Murray successfully closed the $3.6 billion fund to expand its merger and acquisition (M&A) transactions in September 2014.

Stephen Murray contributed enormous works for CCMP, including its formation, management and leadership. His unexpected passing on March 12th, 2015 had an impact on immediate family members and the CCMP Capital family. CCMP advisors announced on August 23, 2016 an agreement was reached for CCMP investors to acquire controlling interest of Badger Sportswear.

Since Stephen Murray passing, CCMP Capital has merged with retail and chemical companies in North America. The Advisors recently closed another M&A transaction between PQ Corporation and ECO Services Operations, two chemical companies, in May. CCMP is a shareholder of the merging chemical companies and PQ was an original investment in the 2014 CCMP III Fund, which Stephen raised capital to form.

The firm also completed a retail merger and acquisition transaction to purchase controlling interest of Shoes for Crews, a slip resistant footwear company in October 2015. The latest M&A transaction between CCMP investors and Badger Sportswear is expected to close in September of this year. Read more: Ex-CCMP Capital CEO Steve Murray passes away

CCMP M&A transactions portfolio now includes two additional retail companies and a chemical company. Other mergers and acquisitions under its management are Aramark, Ollie’s Bargain Outlet, Chaparral Energy, Infogroup, Pure Gym, Newark Energy, LHP Hospital Group, The Hillman Group, and Jamieson Laboratories.

Badger Sportswear was founded in 1971 as a manufacturer and supplier of athletic team uniforms, sports apparel, and performance gear for youth and adult athletes. Apparel items comprises of t-shirts, shorts, pants, outerwear, pants and supporters. Learn more about Stephen Murray CCMP Capital:

The legacy of Stephen Murray and his creation of the CCMP III Fund is always remembered in the hearts of CCMP Capital family. He played an important role in building the foundation of the equity firm and raised billions of dollars to create investment funds.

Murray co-found CCMP Capital in 2006 after heading JP Morgan Partners. Early in 2015, he resigned from the firm due to unknown health reasons.

Stephen passed away in his home and is survived by wife, Tami and adult children, James, Nolan, Ryan and James. He is also survived by his father, mother, brothers and sister. Funeral service was held in March 2015 in Samford, Connecticut with Father William P. Leahy who presided over the ceremony.

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