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Article: Wind Point goes on shopping spree.(News)(Wind Point Partners)
- Article from:
- Crain's Detroit Business
- Article date:
- March 27, 2006
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Tom Henderson
Wind Point Partners, a private-equity investment firm based in Southfield and Chicago, has embarked on a buying spree funded by its sixth investment fund, Wind Point Partners VI L.P., which finished raising $700 million last year - $200 million more than what had been targeted.
Investors in that fund who had invested in previous Wind Point funds included the State of Michigan Retirement Systems and the DaimlerChrysler Retirement System.
Last Monday, the firm announced it had bought Florida-based Yachting Promotions Inc., which puts on five major boat shows annually, including the Fort Lauderdale International Boat Show. ...