Najeti Ventures LLC

 

Press releases and articles about Najeti reflect both our business interests and philanthropic activities. We will frequently update this area in an effort to keep you informed of media and print coverage of Najeti.

Southbury, CT, September 2, 2014 - Najeti and its co-investors sold Controlled Products Systems Group, Inc. to The Duchossois Group. Controlled Products is one of the largest wholesale distributors of perimeter access control solutions in the U.S., and supplies equipment to authorized dealers from coast to coast. (www.controlledproducts.com)

Southbury, CT, May 8, 2013 - Direct Fuels merged with two other companies into Emerge Energy Services LP. Emerge Energy Services is a diversified energy services company that operates in two key segments of the energy industry: Sand Production and Fuel Processing and Distribution. Emerge Energy Services completed a successful IPO on May 8, 2013. Emerge Energy Services trades on the NYSE under the ticker symbol EMES. (www.emergelp.com)

Southbury, CT, March 27, 2012 - Annie's, Inc. completed a successful IPO. Shares were priced at $19 and in trading Wednesday rose 89% to close at $35.92 per share. Based in Berkeley, CA, Annie's is a rapidly growing natural and organic food company offering health-conscious consumers great tasting products while avoiding artificial flavors, synthetic colors and preservatives. Annie's has the #1 natural and organic market position in four product lines: macaroni and cheese, snack crackers, fruit snacks and graham crackers. Annie's trades on the NYSE under the ticker symbol BNNY. (www.annies.com)

Southbury, CT, February 18, 2011 - Najeti invests in Old Lyme Gourmet Company d/b/a Deep River Snacks. Headquartered in Old Lyme, Connecticut, Deep River Snacks offers kettle-cooked potato chips, baked fries, cheese popcorn, and multigrain tortilla chips that are healthy, delicious, and uniquely flavored. The company is highly regarded for its philanthropic efforts. On their packaging, they highlight a different charity for each snack flavor, raising awareness and making a difference in the world. (www.deepriversnacks.com)

Southbury, CT, November 24, 2010 - Najeti and its co-investors sold Floor & Decor Outlets of America, Inc. to Ares Management LLC, Freeman Spogli & Co. and the Floor & Decor management team. Floor & Decor Outlets is a growing retail chain, selling luxury hard surface stone, tile and wood products at discount prices, with the largest selection of in-stock products under one roof. (www.flooranddecoroutlets.com)

Southbury, CT, April 23, 2009 - Najeti invests in Annie's, Inc. Headquartered in Napa, California, Annie's is a leader in the natural and organic food space. It provides all-natural and organic pasta meals, snacks and comfort foods to the natural foods, grocery, and mass channels. The company is known for its premium great tasting products, made from simple, high quality natural and organic ingredients and its social responsibility to the planet. (www.annies.com)

Southbury, CT, January 10, 2008 - Najeti invests in Triton Logging Inc. Headquartered in British Columbia, Canada, Triton Logging is the world leader in the design and manufacture of underwater logging equipment, management of large-scale reservoir harvest projects and marketing of certified eco-wood products. Triton has harvest operations, offices and reservoir development teams active on three continents. (www.tritonlogging.com)

Southbury, CT, September 10, 2007 - Najeti announces that Chad R. Denen has joined the firm as Senior Associate responsible for supporting the evaluation and monitoring of private equity investments in the U.S. Prior to joining Najeti, Mr. Denen spent more than 9 years collectively at Brunswick Corporation (more recently), GTCR Golder Rauner LLC and Arthur Andersen doing M&A, portfolio operations and due diligence consulting.

Southbury, CT, April 30, 2007 - Najeti invests in Controlled Products Systems Group. The Denver, Colorado based company is the leading wholesale distributor and integrator of perimeter access control products and systems of gate systems and equipment used to automate and control entrances. (www.controlledproducts.com)

Southbury, CT, April 27, 2007 - Najeti invests in MVP Group International, Inc. Headquartered in Charleston, South Carolina, MVP Group is a designer, manufacturer, and marketer of candles and home fragrance products that are sold directly to retailers across multiple channels of distribution. This transaction also included the purchase of selective assets from Blyth HomeScents International associated with its North American mass channel home fragrance business.

Southbury, CT, September 1, 2006 - Najeti announces that Brian W. Carroll has joined the firm as a Managing Director responsible for originating and overseeing private equity investments. Prior to joining Najeti, Mr. Carroll spent more than 20 years at JPMorgan and more recently at Bank of America's Financial Sponsors Group and Cascadia Capital, a Seattle-based investment bank.

Southbury, CT, January 3, 2006 - Najeti announces that David A. Behnke has joined Najeti as a Managing Director to lead the firm's U.S. Investment activities. Mr. Behnke had previously served as Senior Advisor to the firm. Prior to joining Najeti, he was a Managing Director with JPMorgan & Company.

Southbury, CT, July 22, 2005 - Najeti participated in an expansion round of equity financing in Floor and Decor Outlets of America. The Atlanta-based company is a retailer of high quality hard surface flooring and accessories with 9 stores and 2 new stores opening this fall. The new concept focuses on price and selection and allows customers to select, buy and take home flooring the same day at significant savings over other flooring retailers. Floor and Decor Outlets of America operates locations in Atlanta, Tampa, Pompano Beach, Jacksonville, Phoenix, Houston and Dallas. (www.flooranddecoroutlets.com)

Southbury, CT, September 16, 2004 - Najeti invests in DataPath, Inc. The Atlanta-based company is a leader in land-based satellite telecommunication systems design and integration, providing turnkey installations, monitoring and maintenance services for mobile and fixed stations. (www.datapath.com)

Southbury, CT, August 6, 2004 - Najeti invests in Prestolite Electric Inc. Headquartered in Ann Arbor, Michigan, Prestolite is a global manufacturer and distributor of heavy-duty alternators and starter motors for heavy-duty trucks, buses, emergency and off-road vehicles, selling original equipment and aftermarket applications. (www.prestolite.com)