BNET Industries
Last Fiscal Year Sales:$17.5M
- Private
- US
Dow Jones Description
The Churchill Financial Group, headquartered in New York, is a leading commercial finance and asset management company with over $2 billion of committed capital to support its financing activities and over $3.5 billion of assets under management. Established February 2006 with the goal of building and developing a preeminent commercial finance business, Churchill Financial focuses on lending to and investing in middle market companies that are backed by leading private equity firms and other investors. Churchill Financial is comprised of three complementary operating businesses: Churchill Financial Middle Market Finance, Churchill Capital Mezzanine Finance and Churchill Pacific Asset Management. Churchill Financial provides growing companies with integrated one-stop financing solutions, including senior secured term loans, second lien loans, revolving credit facilities and mezzanine debt financing. In our first full of year of existence, Churchill Financial was ranked as one of the leading middle market agents for sponsored lending and also as one of the leading traditional middle market lead arrangers, according to Reuters LoanConnector. Churchill Capital is a leading originator, underwriter and manager of mezzanine financing with a 20 year track record of successfully underwriting subordinated loans. ...
President & CEO
Randolph L. ThorntonNumber of Employees 35
Contact Information
333 S 7th St Ste 2400
Minneapolis, Minnesota 55402
(612) 673-6721
Peer Companies
NAICS Code Portfolio Management: 523920
News & Analysis
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churchill capital inc. - All News and Analysis
Churchill Capital Provides Financing for Gryphon Investors and Michael Bailey's Acquisition of Three Leading Foodservice Management Companies
NEW YORK -- Churchill Capital Mezzanine Finance Churchill Capital, a leading originator and underwriter of mezzanine loans, has provided a $5.0 million subordinated debt financing to support Gryphon Investors, in partnership with executive Michael Bailey, in the purchase of food service management firms Aladdin Food Management Services, AmeriServe Food Management...
The Churchill Financial Group Launches New Corporate Identity and Brand Campaign
NEW YORK -- The Churchill Financial Group ("Churchill"), a leading commercial finance and asset management company, officially launched its new corporate identity and brand campaign today. Supported by a distinctive logo, the new brand identity unifies Churchill's three complementary businesses, Churchill Financial, Churchill Capital and Churchill Pacific, under one banner....
Churchill Capital Mezzanine Finance Opens Los Angeles Office
-Christopher T. Daniel to establish and lead new office- NEW YORK -- Churchill Financial Holdings LLC ("Churchill"), a middle market commercial finance and asset management company, today announced that its subsidiary Churchill Capital, one of the nation's leading providers of subordinated debt capital to the middle market, has opened...
Churchill Financial Announces Acquisition of Churchill Capital's Mezzanine Finance Business
NEW YORK -- Churchill Financial Holdings LLC ("Churchill Financial"), a middle market commercial finance company, announced today that it has completed the acquisition of Churchill Capital Inc.'s Mezzanine Finance Business. Churchill Capital's Mezzanine Finance Business originates, structures and manages subordinated debt investment funds providing capital to private equity sponsored...
BSMB and Churchill Capital Announce Formation of Churchill Financial Holdings
NEW YORK -- Bear Stearns Merchant Banking ("BSMB") and Churchill Capital today announced the formation of Churchill Financial Holdings LLC ("Churchill Financial"). Based in New York, Churchill Financial is a newly formed middle market commercial finance company. BSMB, a leading private equity investment firm, and Churchill Capital, a leading provider...
U.S. Bancorp Piper Jaffray Represents Churchill Capital in Sale of National Diversified Sales to Graham Partners
Business Editors MINNEAPOLIS--BUSINESS WIRE--July 6, 2000 National Diversified Sales, Inc. NDS, a leading manufacturer of high quality, proprietary irrigation and drainage products, has been sold to an investor group led by Graham Partners. U.S. Bancorp Piper Jaffray advised Churchill Capital, the owners of NDS, on the sale. The...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Randolph L. Thornton | President & CEO |
| John M. Casparian | Co-President, Director of Operations and Administration |
| Kevin J. Hickam | Co-President, Director of Portfolio Management |
| Michael Hahn | President and Head of Mezzanine Finance |
| Stephen J. Ahearn | Co-President, Director of Research |
| Daniel Rohr | Chief Operating Officer |
| David A. Buzen | Chief Financial Officer |
| James L. Nathenson | Chief Risk Officer |
| Mary B Horsch | Chief Administrative Officer |
| Thomas A Kreimer | Chief Financial Officer |
| Joseph Kohler | Executive Vice President |
| Andrew P Leonard | Vice President |
| Michael D Bender | Vice President, Audit and Compliance |
| Mitchell T Kern | Vice President |
| Robyn Hennessy | Vice President Marketing & Communications |
| David Heilbrunn | Senior Managing Director, Head of Corporate Strategy & Development |
| Randy Schwimmer | Senior Managing Director, Head of Capital Markets |
| Robert Juneja | Managing Director |
| Ann T Ferreira | Partner |
| Gary H Gottschalk | Operating Partner |
| Mark R McDonald | Partner |
| Robert York | Partner |
| Sameer Vijayakar | Partner |
| Alastair G.C. Merrick | |
| George Kurteson | Head of Middle Market Finance |
| Nicole O'Brien |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David E. King | Chairman |
| Conley Brooks Sr. | Board of Directors |
| Kenneth J. Kencel | Vice Chairman |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | President & CEO | Current |
| Churchill Capital, Inc. | Board of Directors | Current |
Mr. Casparian is a leveraged bank loan portfolio manager responsible for bank loans, private placements and workouts. Prior to joining Churchill Pacific, LLC, Mr. Casparian was Vice President and Director of Private Placements for Transamerica Investment Services, Inc., from 1989 to 1999. There, he was responsible for the origination, underwriting and trading of the firm's $2.5 billion private placement and $1 billion leverage bank loan portfolios. Prior to his work at Transamerica, Mr. Casparian managed a high yield bond portfolio and co-managed the middle market bank-lending group for Gibraltar Financial. In addition, from 1973 to 1982, he was responsible for bank loan origination, underwriting, and syndication for Lloyds Bank.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Co-President, Director of Operations and Administration | Current |
| Centre Pacific, LLC | Chief Operating Officer and Portfolio Manager | Current |
| Transamerica Corporation | Former | |
| University of Southern California | B.S. In Business Administration (Finance) | Former |
Mr. Hickam is a leveraged bank loan portfolio manager and an industry analyst specializing in capital goods, metals & mining and services. Prior to joining Churchill Pacific, LLC, Mr. Hickam was a securities analyst and bank loan trader at Seneca Capital Management from 1999 to 2000. Mr. Hickam was also AVP and Portfolio Manager at Transamerica Investment Services, Inc., from 1989 to 1999, where he was responsible for co-management of a leveraged bank loan portfolio, the management of the Transamerica Premier Cash Reserve money market fund and research of high yield investments in the capital goods, manufacturing, transportation and metals industries.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Co-President, Director of Portfolio Management | Current |
| Seneca Capital Management, LLC | Loan Trader | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | President and Head of Mezzanine Finance | Current |
| Churchill Capital, Inc. | Director | Current |
| Churchill Capital, Inc. | Co-founder | Former |
| The Children's Museum | Board Member | Former |
| University of Chicago | MBA | Former |
| Boston College | BS | Former |
Mr. Ahearn is a leveraged bank loan portfolio manager, director of research and an industry analyst specializing in chemicals, energy and textile/apparel. Prior to joining Centre Pacific, LLC, Mr. Ahearn was Vice President and Director of Fixed Income Research at Transamerica Investment Services, Inc., from 1994 to 1999. His major responsibilities there included managing several high yield accounts, coordinating a credit research team of seven analysts, and providing credit analysis in his assigned sectors. He was also responsible for the fixed income management portion of three balanced mutual funds. In addition, from 1985 to 1994, Mr. Ahearn held several investment positions with General Electric Investment Corporation.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Co-President, Director of Research | Current |
| Centre Pacific, LLC | Portfolio Manager and Director of Research | Current |
| Centre Pacific, LLC | Industry Analyst | Former |
| Boston College | Bachelor of Science, Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chief Operating Officer | Current |
| U.S. Bancorp | Vice Chairman, Large Corporate Banking and Specialty Lending Group | Former |
| University of Notre Dame | MBA | Former |
| St. Ambrose University | BS | Former |
Mr. Buzen joined Churchill Financial from DEPFA Bank plc where he was a Managing Director. Previously, he was Executive Vice President and Chief Operating Officer of ACE Financial Solutions and Executive Vice President and Chief Financial Officer of Capital Re Corporation (now known as Assured Guaranty). He was also a First Vice President and Head of Corporate Finance for AMBAC. He serves as Chairman of the Board of Advisors for the University at Albany School of Business.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chief Financial Officer | Current |
| Ambac Financial Group, Inc. | First Vice President | Former |
| Ambac Financial Group, Inc. | Head of Corporate Finance | Former |
Mr. Nathenson joined Churchill Financial from JP Morgan Chase & Co. where he worked for the past 27 years in various credit risk capacities, including Senior Vice President and Senior Credit Officer for Middle Market Banking, where he was responsible for risk management activities for middle market financial sponsors, leveraged lending, asset-based lending, leasing and several geographic regions.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chief Risk Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chief Administrative Officer | Current |
| KPMG International | Partner with Price Waterhouse | Former |
| Price Waterhouse & Co. | Partner | Former |
| Price Waterhouse & Co. | Director | Former |
| KPMG International | Director | Former |
| University of Minnesota | MBA - | Former |
| University of Minnesota | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chief Financial Officer | Current |
| University of St. Thomas | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Executive Vice President | Current |
| Churchill Capital, Inc. | Of Counsel | Current |
| Arthur Andersen LLP | tax attorney | Former |
| Shell Oil Company | tax attorney | Former |
| Drake University | JD | Former |
| University of Cincinnati | MBA | Former |
| Ohio University | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Vice President | Current |
| U.S. Bancorp | Assistant Vice President | Former |
| U.S. Bancorp | Intelligence Officer | Former |
| U.S. Navy | Intelligence Officer | Former |
| Heartland Industrial Partners, L.P. | Former | |
| McKinsey & Company, Inc. | Former | |
| Wharton School, University of Pennsylvania | MBA | Former |
| University of Wisconsin | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Vice President, Audit and Compliance | Current |
| St. Cloud State University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Vice President | Current |
| Kellogg School of Management at Northwestern University | MBA | Former |
| Northwestern University | MBA - | Former |
| University of Notre Dame | BBA | Former |
Ms. Hennessy joined Churchill Financial Group from Towers Perrin, where she was Financial Services Marketing Director. In that capacity, she was responsible for all strategic and tactical marketing including advertising, public relations, brand and collateral development and proposals. Prior to that Ms. Hennessy was a Marketing Director for Standard & Poor's.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Vice President Marketing & Communications | Current |
Mr. Heilbrunn joined Churchill Financial from Bear Stearns and Co., where he was Senior Managing Director and CDO Group Head. Prior to joining Bear Stearns, he spent 12 years with JPMorganChase, most recently serving as Managing Director, Structured Credit Products, responsible for the Bank's North American CDO origination and execution activities.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Senior Managing Director, Head of Corporate Strategy & Development | Current |
Mr. Schwimmer joined Churchill Financial from BNP Paribas Securities where he was a Managing Director and Head of Leveraged Finance Syndication. Prior to joining BNP Paribas, Mr. Schwimmer spent 15 years at JP Morgan Chase in Corporate Banking and Loan Syndications in various capacities. He was responsible for organizing, structuring and syndicating leveraged loans, including cash flow and asset based loans along with junior debt such as mezzanine and high yield securities.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Senior Managing Director, Head of Capital Markets | Current |
| BNP Paribas SA | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Managing Director | Current |
| Churchill Capital, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Partner | Current |
| Chase Securities, Inc. | leveraged finance, M&A, and restructuring advisory experience | Former |
| Deutsche Bank Alex. Brown Incorporated | leveraged finance, M&A, and restructuring advisory experience | Former |
| Banc of America Securities LLC | leveraged finance, M&A, and restructuring advisory experience | Former |
| Wharton School, University of Pennsylvania | MBA | Former |
| Cornell University | BS | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Operating Partner | Current |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Partner | Current |
| U.S. Bancorp | Vice President | Former |
| University of St. Thomas | MBA | Former |
| University of Minnesota | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Partner | Current |
| U.S. Bancorp | Senior Vice President | Former |
| U.S. Bancorp | Manager | Former |
| Wharton School, University of Pennsylvania | MBA | Former |
| Harvard University | AB | Former |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Partner | Current |
| McKinsey & Company, Inc. | NA | Former |
| Heartland Industrial Partners, L.P. | NA | Former |
| The Ohio State University | MS | Former |
| Harvard University | MBA | Former |
| Indian Institute of Technology | BT | Former |
Mr. Merrick joined Churchill Financial from E*TRADE Bank, where he was Chief Financial Officer. Prior to that he worked for 17 years at IBJ Whitehall, a NY-based commercial bank focused on middle market lending, where he was Executive Vice President, Chief Financial Officer and Director of Operations. He also spent 12 years at Coopers & Lybrand in the audit area in both New York and London.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Current |
Mr. Kurteson joined Churchill Financial from GE/Antares where he was Senior Managing Director and a member of the GE/Antares leadership team. Mr. Kurteson's career spans over 30 years in middle market leveraged lending, including senior level positions, at Heller Financial, Fleet Bank and Maryland National Bank.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Head of Middle Market Finance | Current |
Ms. O'Brien joined Churchill Financial in January 2006 from Mizuho Corporate Bank where she was an Assistant Vice President in the Human Resources Department, responsible for servicing employee benefit programs. Ms. O'Brien began her career in 1995 at IBJ Whitehall Bank & Trust Company in the Retirement Plans Department specializing in administering client 401K, Pension Plans and Non-Qualified Plans.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Brooks Associates Inc. | President | Current |
| Sawmill Equity Partners, LLC | Current | |
| The Owners Institute | Board of Directors | Current |
| Brooks Resources Corporation | Board of Directors | Current |
| Churchill Capital, Inc. | Board of Directors | Current |
| U.S. Trust Corporation | Chairman | Former |
| Harvard University | MBA Degree | Former |
| Yale University | B.A. | Former |
Mr. Kencel partnered with the principals of Churchill Capital to establish Churchill Financial in February of 2006. Prior to that, Mr. Kencel served as Head of Leveraged Finance for Royal Bank of Canada and Head of Indosuez Capital, a middle market merchant banking and asset management business. During his over 20-year career, Mr. Kencel has had a broad range of experience in middle market leveraged finance, having been a founder of the high yield finance businesses at both Chase Securities and SBC Warburg (now UBS). He serves on the Board of Advisors of The McDonough School of Business at Georgetown University.
| Organization | Position | Status |
|---|---|---|
| Churchill Capital, Inc. | Vice Chairman | Current |
| SBC Warburg | Founder | Former |
| Chase Securities, Inc. | Founder | Former |
| Royal Bank of Canada | Head of Leveraged Finance | Former |
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