CCMP Capital is a New York-based private equity investment company that deals with growth capital and leveraged buyout transactions in upper middle market companies. Since the inception of the firm, it has invested approximately $12 billion in growth capital and leveraged buyout transactions. The firm invests in retail, consumer, and services including healthcare, industrial, media, telecom, and financial services sector. Within the services, retail and consumer industry, the company focuses on direct marketing, specialty retail, services industry and consumer packaged goods. For its media and telecom investments, the company focuses on content and programming cable broadcasting, wireless and wireline communications and consumer and trade publishing sectors. Recently, the firm mourned the passing of their former CEO Stephen Murray CCMP Capital, who had previously resigned on health grounds.
Mr. Murray was a founding partner of the firm, which rolled out of JPMorgan Chase & Co in 2006. Stephen Murray grew up in New York City and attended Boston College where he earned a Bachelor of Arts degree and a Master of Business Administration later when he attended Columbia University, New York. He grew to be a terrific investor and spent most of his career in private equity and by 2005; Murray was the head of the buyout business at JP Morgan Partners. He co-founded CCMP Capital, which spun out of JPMorgan Chase, and in 2007, CCMP named him CEO of the firm. One month before he passed away, Steve Murray had left CCMP Capital on health-related issues. In January 2015, the firm had given Murray a 60-day medical leave of absence, but in February he succumbed to illness at the age of 52. Before he passed on, CCMP used the same term, (“health-related”), in deciding that separation with Murray would have to be permanent. Steve Murray was of positive contribution to CCMP, and his loss was tragic to both the firm and his family.