Overview

Through its general partner, John Madden (“Managing Partner”) formed Sequel Holdings, L.P. in 2002. Sequel’s other founding investors and advisory board members are Alan Bernon and Gregg Engles (“Advisory Board”). Combined, we have over 50 years of experience acquiring, operating and managing middle market and large corporate manufacturing and distribution businesses. In various capacities, the Managing Partner and Advisory Board have been actively involved in growing Dean Foods Company (formerly named Suiza Foods) and its affiliated companies from approximately $50 million in annual sales to over $9 billion.

Collectively, we were responsible for over 115 acquisitions made by Dean Foods and related companies during the past 15 years with a combined enterprise value of approximately $7 billion. In addition, the Managing Partner and Advisory Board were involved in managing the acquired businesses after closing, developing the company’s strategic direction, growing the earnings and cash flow of the acquired businesses, completing the initial public offering of Suiza Foods, arranging numerous financings that provided growth capital and divesting selected subsidiaries.

Sequel’s efforts are supported by a professional staff as well as a team of outside professionals with whom we have a long-standing relationship.