Corporate Office HQ

Fidelity Investments Corporate Office

Fidelity Investments

The Fidelity Fund was created in 1930, a difficult financial time in the United States after the stock market crash of 1929, and heading into the Great Depression.

The fund was bought in 1943 by Edward C. Johnson II with $3 million in investments. He became the president and director. In 1946 Johnson formed Fidelity Management and Research, the predecessor to Fidelity Investments, to be the investment adviser to the Fidelity Fund.

The company began buying stocks with growth potential under the leadership of a young inexperienced immigrant, Gerry Tsai. Tsai invested in such speculative funds as Xerox and Polaroid.

History

Ned Johnson succeeded his father as president of Fidelity in 1972.

Fidelity relied on research, innovation, and the intuition of its fund managers to grow, and it was extremely successful.

Today Fidelity Investments is a multinational financial services corporation. It is one of the largest mutual fund and financial services companies in the world. Fidelity has 41,000 employees and had $12.26 billion in revenue in 2011.

The Fidelity Fund was created in 1930, a difficult financial time in the United States after the stock market crash of 1929, and heading into the Great Depression. The fund was bought in 1943 by Edward C. Johnson II with $3 million in investments. … [Continue reading] about Fidelity Investments Corporate Office

TransMontaigne Corporate Office

TransMontaigne

TransMontaigne, Inc. is an American oil pipeline company.

The principal predecessor to TransMontaigne was formed in 1977 in Arkansas and run by Cortland Dietler, the company’s first CEO. Dietler led management through a reverse merger in 1995. The company emerged with the new name, TransMontaigne Oil Company.

TransMontaigne bought out Sheffield Exploration Company in 1996, sold off its assets and held on to its midstream operations. The company went public the same year.

History

TransMontaigne acquired several other companies in the years that followed, giving it access to more barrel capacity as well as increased ownership of pipelines.

In 2006 the company became a wholly-owned subsidiary of Morgan Stanley, and was subsequently delisted from the New York Stock Exchange.

Today TransMontaigne  gathers, transports, stores, and markets refined petroleum products, chemicals, and crude oil. It operates primarily in the Mississippi River Corridor.

TransMontaigne is #21 on the Forbes list of America’s Largest Private Companies, has 820 employees, and had $12 billion in revenue in 2011.

TransMontaigne, Inc. is an American oil pipeline company. The principal predecessor to TransMontaigne was formed in 1977 in Arkansas and run by Cortland Dietler, the company's first CEO. Dietler led management through a reverse merger in 1995. The … [Continue reading] about TransMontaigne Corporate Office

Performance Food Group Corporate Office

Performance Food Group

Performance Food Group (PFG) was founded in 1885 as canned fruits and vegetable distributor to restaurants and grocery stores across the mid-Atlantic from its base in Virginia.

In 2008 PFG was bought out by the equity firms Blackstone Group and Wellspring Capital Management in a $1.2 billion deal. This was done to merge the firm with rival Vistar, which Blackstone already controlled.

Today PFG supplies 140,000 food and food-related products to 163,000 restaurants, quick-service eateries, schools, hotels, health-care facilities, and other institutions. The company also serves chain restaurants such as Cracker Barrel and Ruby Tuesday. PFG subsidiary Vistar distributes candy and snack foods for vending operators, retailers, and concessions.

History

PFG is #23 on the Forbes list of America’s Largest Companies, has 15,000 employees, and had $10.6 billion in revenue in 2011.

Performance Food Group (PFG) was founded in 1885 as canned fruits and vegetable distributor to restaurants and grocery stores across the mid-Atlantic from its base in Virginia. In 2008 PFG was bought out by the equity firms Blackstone Group and … [Continue reading] about Performance Food Group Corporate Office

Platinum Equity Corporate Office

Platinum Equity

Platinum Equity is an American private equity investment firm that focuses on leveraged buyout investments of companies in the U.S. and Europe.

Tom Gores founded Platinum Equity in 1995. He continues to serve as the company’s CEO.

The company’s first acquisition was LSI, a company that generated computer graphics to recreate accidents for courtroom testimony, for $200,000.

History

From 1995 to 2001 Platinum Equity made 32 acquisitions worth $226 million.

Today Platinum Equity manages two private equity fund vehicles, Platinum Equity Capital Partners and Platinum Equity Capital Partners II, both directed towards institutional investors. The company has acquired 115 businesses in the information technology, telecommunications, logistics and distribution, industrial, manufacturing, media, real estate, and automotive industries.

Platinum Equity is #23 on the Forbes list of America’s Largest Private Companies. The company has 54,000 employees and had $10.4 billion in revenue in 2011.

Platinum Equity is an American private equity investment firm that focuses on leveraged buyout investments of companies in the U.S. and Europe. Tom Gores founded Platinum Equity in 1995. He continues to serve as the company's CEO. The company's … [Continue reading] about Platinum Equity Corporate Office

First Data Corporate Office

First Data Corporation

First Data Corporation began as First Data Resources (FDR), a company that provided credit card data processing for member banks in 1971.

In 1980 American Express Information Services Corporation (ISC) bought 80% of FDR. American Express spun off FDR in 1992. The same year the new company went public.

History

By 1988 First Data was providing transaction processing services in the United States, U.K., Australia, Mexico, and Canada.

In 2007 First Data was bought by Kohlberg Kravis Roberts. First Data subsequently became a private company and its shares were pulled from the New York Stock Exchange. Within two months of the KKR acquisition, First Data laid off 1,700 employees.

Today First Data Corporation is a global payment processing company. Its portfolio includes merchant transaction processing services, credit, debit, payroll and other cash offerings, credit reporting, internet commerce, and mobile payment solutions.

In January 2019, Fiserv acquired First Data and will rebrand all parts of First Data to the Fiserv name.  

The Better Business Bureau notes that the US federal government was taking legal action against the company in May 2020 for possible money laundering charges. 

First Data has 22,000 employees and had $12.05 billion in revenue in 2017. First Data/Fiserv have consolidated its headquarters operations and moved to New York, New York.

First Data Corporation began as First Data Resources (FDR), a company that provided credit card data processing for member banks in 1971. In 1980 American Express Information Services Corporation (ISC) bought 80% of FDR. American Express spun off … [Continue reading] about First Data Corporate Office