Castle Harlan [SEP] named after
$10 billion. The firm currently manages investment funds with equity commitments of approximately $3.5 billion.
History.
Castle Harlan was founded in 1987 by John K. Castle, but its history goes back to the 1960s. During the 60s Castle headed all of the private equity activities, including the Sprout Capital Group, at Donaldson Lufkin & Jenrette (DLJ). At that time DLJ used some of the first limited partnerships to bring institutional investors into private equity investing. From the period between 1979 and 1986 Castle rose to
add-ons and recapitalizations, with a total value of approximately $3.6 billion.
- 2005: Castle Harlan named winner of the 2005 International/Cross-Border Deal of the Year by M&A Advisor. This was for the acquisition of Polypipe Group.
- 2003: Castle Harlan named winner of the 2003 Middle Market International Cross-Border Deal of the Year and winner of the 2003 Middle Market Media and Telecommunications Deal of the Year by M&A Advisor. This was for the acquisition of Austar United Communications, Inc.