Print page

  News

At A Glance


Windjammer Capital Investors has been awarded "Middle Market Firm of the Year: North America" in two consecutive years, 2011 and 2012, by DealMakers Monthly magazine.

Back to News

Dec, 2013 - Windjammer Exits Investment in Automatic Bar Controls


Windjammer Capital Investors (“Windjammer”) is pleased to announce the successful exit of its investment in Automatic Bar Controls (“Wunder-Bar” or the “Company”) through a sale to The Middleby Corporation.  Sagent Advisors acted as the exclusive financial advisor to the Company during the sale process.  Terms of the sale were not disclosed. 

 

Headquartered in Vacaville, CA, Wunder-Bar is a leading manufacturer of beverage dispensing systems for the foodservice industry. The innovative equipment solutions of Wunder-Bar include products used by leading restaurant chains, convenience stores, and foodservice operations for the dispensing of carbonated and non-carbonated soft drinks, iced tea and other beverages and sauces.  Windjammer, in partnership with management acquired Wunder-Bar in June 2005, investing a combination of equity and debt securities. 

 

Windjammer's investment thesis in Wunder-Bar was centered on the Company's strong market position in hand held drink dispensers, its differentiated and well executed customer value proposition, and its multiple opportunities for growth through continuous product innovation and geographic expansion.   During Windjammer’s ownership, management and the board developed and executed on a strategy to drive growth through both new product introductions and a reduced overall cost structure through a variety of lean manufacturing initiatives.  Key to the Company’s success was the combination of management’s deep industry experience and sound execution, partnered with a number of Windjammer resources, including the appointment of a successful industry executive to augment the board of directors.

  

Please contact Derek Watson (949-720-4201, dwatson@windjammercapital.com) or Matt Anderson (949-720-4204, manderson@windjammercapital.com) for more information about the transaction.

 

ABOUT WINDJAMMER CAPITAL INVESTORS – Windjammer Capital Investors, with offices in Newport Beach, California and Waltham, Massachusetts, is a national private investment firm that makes control and non-control investments in leading middle market businesses in partnership with management.  Founded in 1990, Windjammer's institutional funds total roughly $2.0 billion of capital. Windjammer is currently investing out of its Windjammer Senior Equity Fund IV with capital commitments in excess of $725 million.

"We were very fortunate to have Windjammer as our partner. Their expertise in working with niche-oriented, leading companies in the middle market, as well as their strategic guidance and resources were valuable to us as we expanded the business."



Dale Schulz, CEO
ST Specialty Foods