MidOcean Partners

MidOcean Partners was formed in February 2003 when the management team of DB Capital Partners, led by Ted Virtue, acquired Deutsche Bank's late-stage private equity investments in the United States and Europe. This 1.5 billion euro transaction was one of the largest private equity secondary market deals at the time and involved a consortium of major investors including AlpInvest Partners and the Ontario Teachers' Pension Plan.

The firm focuses on middle-market companies and has a history of executing complex secondary transactions and leveraged buyouts. Over the decades, it has expanded its portfolio through significant acquisitions and successful exits, including notable returns on investments like Jenny Craig and Water Pik. In 2021, Hunter Point Capital acquired a minority stake in the firm to support its ongoing growth.

MidOcean operates as an alternative asset manager with a global reach, managing billions in assets. Its investment activity spans diverse sectors including consumer goods, business services, and industrial products, characterized by a strategy of acquiring majority stakes and driving value through operational improvements and strategic growth initiatives.