Monomoy Launches Debt-for-Control Strategy
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Monomoy Launches Debt-for-Control Strategy

monomoy nf1Monomoy Capital Partners has hired David Robbins as Managing Director and the Head of Credit Strategies.  Mr. Robbins will oversee the firm’s investments in the debt securities of distressed and underperforming businesses that can benefit from Monomoy’s operational, financial and strategic improvement practices.

“Monomoy stands out in our marketplace because it brings a talented investment group and a world class operating team to the middle market,” said Mr. Robbins. “Companies in the lower end of the middle market are often under-managed and over-leveraged, and a focused debt-for-control strategy will expand our ability to acquire those businesses at attractive valuations, improve their profitability and deliver outstanding returns.”

David Robbins nf1Mr. Robbins joins Monomoy from H.I.G. Bayside Capital where he was a Managing Director responsible for investments in distressed debt and positioning Bayside to take control of middle market companies through financial restructurings. Before Bayside, Mr. Robbins was a Senior Managing Director at GSC Group and the co-head of the GSC credit team that sourced and executed similar middle market investments. He began his career in the private equity practice of the Blackstone Group. Mr. Robbins holds a BS in Economics from the Wharton School of the University of Pennsylvania.

Justin nf1“We are thrilled to welcome David to the Monomoy team,” said Justin Hillenbrand, a founding partner of Monomoy. “We believe that the credit markets will provide attractive opportunities to acquire underperforming middle market businesses in the next business cycle, and David brings the perfect blend of talent, experience and judgment to position Monomoy for continued success in this core investment strategy.”

Monomoy Capital Partners was founded in 2005 by Stephen Presser, Daniel Collin and Justin Hillenbrand. Over the past ten years, Monomoy has acquired over 40 middle market companies from a variety of sellers (including family owners, public companies, lenders and financial sponsors) in a wide range of special situations (including bankruptcy, asset sales, equity sales and restructurings).  Target companies for Monomoy include middle market businesses with $100 million to $600 million in annual sales. Sectors of interest include manufacturing, distribution, consumer product and foodservice industries.  The firm has over $1 billion in committed capital and is headquartered in New York (www.mcpfunds.com).

2015 PEPD • Private Equity’s Leading News Magazine • 5-14-15

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