The Formation of CCMP Capital As Overseen by Stephen Murray

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Stephen Murray CCMP Capital is an investment firm that specializes in leveraged buyout transactions and growth capital. The firm was formed out of partnerships, spin outs, re branding and acquisitions from the previous firms that it was affiliated to. CCMP Capital has offices in London, Hong Kong, Tokyo and New York. Currently, the firm operates as an independent firm and has since then made growth capital and leveraged buyout amounting to $12 billion.

The firm’s history can be traced back in 1984 when it started as Chemical Venture Partners. At the time, the firm had been established as a private equity and venture capital branch of the Chemical Bank. Later in 1996, the firm acquired the Chase Manhattan Bank and went through a re branding phase that created the Chase Capital Partners. In the year 2000, the corporation acquired the J.P Morgan Company and the new firm became JP Morgan Partners. The firm grew at a steady pace and integrated Chase Manhattan, Hambrecht & Quist, Manufactures Hanover, Beacon Group, J.P Morgan &Co and Robert Fleming & Co.

In 2004, the JP Morgan Chase finalized the acquisition of Bank One. The acquired firm came with its own separate equity investment branch. The One Equity partner, which was controlled by Dick Cashin, was meant to serve as a Private Equity platform for JP Morgan Chase. Soon after, JP Morgan Partners announced plans of branching out on its own. In 2006, the separation was finalized after the sale of the $925 million interest, which was sold to secondary investors. The departure of JP Morgan Partners led to the birth of CCMP.

In February 2014, Stephen Murray CCMP Capital sold Medpace, a pharmaceutical research institution for $900 million. Over the years, CCMP has amassed wealth by investing in multiple sectors. CCMP has so far invested in the retail, industrial, healthcare and energy sector. This growth and investment success led to the firm to be reputed as a superior worldwide investment partner. The success of the firm has been accredited to the skilled professionals. The prudent leadership of Stephen Murray has contributed immensely in the success and growth of CCMP capital.

Stephen Murray is a philanthropist and the founder of CCMP capital. According to NY Post, entrepreneur graduated with an economics undergraduate degree from Boston College in 1984.The same year, he joined the Manufacturers Hanover Corporation where he pursued a credit analyst training program. Murray enrolled at the Columbia Business School to pursue his postgraduate degree in business administration. He graduated in 1989. His career kicked off at MH Equity, which was later bought by the Chemical Bank. Stephen opted to stay with the firm through the various partnerships and acquisitions. Stephen has been a board member of the following companies: Aramark, Pinnacle Foods, Legacy Hospital Partners, AMC Entertainment, Generac Power Systems, Cabela’s, The Vitamin Shoppe and Warner Chilcott.