BNET Industries

Last Fiscal Year Sales:$1.5B
  • Private
  • US
Dow Jones Description

The investment in Stag represents an opportunity to acquire the largest and most profitable RV parts distributor in a market with only one other national competitor. Stag's scale gives it cost and service benefits over regional competitors in each of its local markets. With a fragmented customer base of over 2,000 RV dealers that do not have the resources to purchase directly, and more than 500 suppliers that have limited capability to sell directly, Stag has established itself as a critical distribution link in the industry. Stag sells parts and accessories primarily to the installed base of RV users making it less dependent on annual demand for new RV units and allowing it to benefit from the stable and growing base of over 6 million RV users. Stag's focus on the RV market allows it to capitalize on the favorable demographic trends and the growing breadth and complexity of RVs and RV components driving demand for aftermarket RV parts and accessories.

Chairman, President & Chief Executive Officer
Michael S Lipscomb
Number of Employees 50
Contact Information

555 Theodore Fremd Ave Ste A-201

Rye, New York 10580

www.greenbriare...

(914) 925-9600

NAICS Code Trust, Fiduciary, and Custody Activities: 523991

Recent Events

  • Onex group gets nod for AIG aircraft unit

    6/06/09 - Merger / Acquisition - View Story

News & Analysis

greenbriar equity group llc - All News and Analysis

Decision Makers

Name (plus bio) Position
Jill C. Raker Managing Director
John Daileader Managing Director
Noah Roy Managing Director
Raynard D Benvenuti Managing Director
Jerry Greenwald Founder
Joel S. Beckman Founder
Reginald L. Jones Founder
Mike Sprague Advisory Director
Christopher Laws Principal
Craig Addeo
Jared Rochwerg
Liyan Shen Associate
Michael Weiss Assoc
Mohit Talwar Associate
Niall McComiskey Associate
Rob Wolf Assoc
Arvind M R Krishnamurthy Director

Board of Directors

Name (plus bio) Position
Michael S Lipscomb Chairman, President & Chief Executive Officer
David Berges Chairman

Organization Position Status
Greenbriar Equity Group LLC Chairman, President & Chief Executive Officer Current

Array

Organization Position Status
Greenbriar, Inc. Current
The Blackstone Group L.P. Associate Former
Stag-Parkway, Inc. Director Current
Salomon Brothers Inc. Analyst Former
Boston College BS Former

Organization Position Status
Greenbriar Equity Group LLC Managing Director Current
Western Peterbilt Inc. Director Current
Tinnerman Palnut Engineered Products LLC Director Current
Grakon International Inc. Director Current
New York University MBA Former
Rensselaer Polytechnic Institute BS in Management Former

Organization Position Status
Greenbriar Equity Group LLC Managing Director Current
Rothschild Inc. Former
Goldman & Company Former

Organization Position Status
Greenbriar Equity Group LLC Managing Director Current
AmSafe Inc. Director Current
Stellex Aerostructures, Inc. CEO Former
Stellex Aerostructures, Inc. President Former
Greenbriar Equity Group LLC Advisory Director Former
McKinsey & Company, Inc. Senior Consultant Former
Forstmann Little & Co. Former
Princeton University M.S. In Mechanical and Aerospace Engineering Former
Manhattan College B.E. In Mechanical Engineering Former

Organization Position Status
Greenbriar Equity Group LLC Founder Current
Greenbriar, Inc. Founder Current
The Denver Forum Current
American Business Corp Current
UAL Corporation Chairman Former
Electro-Motive Diesel, Inc. Non-Executive Chairman Current
Western Peterbilt Inc. Director Current
Techspace, Inc. Senior Board Advisor Current
Aspen Institute Director Current
UAL Corporation Chief Executive Officer Former
Olympia & York Co-Chief Executive Officer Former
Olympia & York President Former
Dillon Read President Former
Chrysler Corporation CFO Former
Honeywell International Inc. Chief Executives Organization Former
Dillon Read Managing Director Former
Greenbriar Equity Group LLC Managing Partner Former
Honeywell International Inc. director of GPA Group PLC Former
Greenbriar Equity Group LLC Principal Former
Chrysler Corporation Vice Chairman Former
Honeywell Corporation Director Former
Reynolds Metals, Inc. Director Former
Wayne State University MA Former
Princeton University BA Former
Princeton University member Former

Organization Position Status
Greenbriar, Inc. Founder Current
Greenbriar Equity Group LLC Founder Current
Greenbriar Equity Group LLC Managing Partner Current
Western Peterbilt Inc. Director Current
Stag-Parkway, Inc. Director Current
Hexcel Corporation Board of Directors Current
Grakon International Inc. Director Current
University of Rochester Board of Trustees Current
American Tire Distributors Director Current
Hexcel Corporation Member Current
The Goldman Sachs Group, Inc. Managing Director Former
Goldman, Sachs & Co. Managing Director Former
The Goldman Sachs Group, Inc. Founder Former
The Goldman Sachs Group, Inc. Partner Former
Goldman, Sachs & Co. Partner Former
The Goldman Sachs Group, Inc. Investment Banker Former
Yale Law School Jd Former
University of Rochester BA Former

Organization Position Status
Greenbriar Equity Group LLC Founder Current
Greenbriar, Inc. Founder Current
Greenbriar Equity Group LLC Managing Partner Current
Electro-Motive Diesel, Inc. Director Current
The Goldman Sachs Group, Inc. Managing Director Former
Bain & Company consultant Former
The Goldman Sachs Group, Inc. Global Head Former
Goldman, Sachs & Co. Former
Harvard Business School MBA Former
Williams College BA Former

Mr. Sprague began working with Greenbriar as an Advisory Director in 2006 and has been associated with Greenbriar since 2004. Previously, Mr. Sprague was President of the Americas division of Tibbett & Britten Group plc, a third-party logistics company, later acquired by Exel plc, supplying warehousing, distribution and supply chain management services under long-term contract to manufacturers, retailers and distributors of consumer merchandise. Under his leadership, the Americas division grew from $5 million to over $1 billion in revenues over a 12 year period. Earlier in his career, over a period of nearly 20 years, he held a number of general management and marketing positions with various divisions of Unilever N.V. in Europe, Asia, North America and Australasia, working mainly with newly acquired or non-core industrial businesses to refine their strategy for growth and implement related organizational changes. During his time with Greenbriar, Mr. Sprague has been focused on integrating his operating expertise and experience into all phases of the investment process. Mr. Sprague earned BA and MA degrees from Oxford University, England. He is a Director of Stag-Parkway, Inc.

Organization Position Status
Greenbriar Equity Group LLC Advisory Director Current
Western Peterbilt Inc. Director Current
Stag-Parkway, Inc. Director Current
University of Oxford Ba and Ma Degrees Former

Array

Organization Position Status
Greenbriar, Inc. Current
Dartmouth College BA Former

Organization Position Status
Greenbriar Equity Group LLC Current
Merrill Lynch & Co., Inc. analyst Former
Georgetown University BS in Finance and Accounting Former

Organization Position Status
Greenbriar Equity Group LLC Current
Merrill Lynch & Co., Inc. Former
Richard Ivey School of Business, The University of Western Ontario Honors Business Administration Former

Array

Organization Position Status
Greenbriar, Inc. Current
Dartmouth College BA Former

Mr. Weiss joined Greenbriar in 2004. Prior to joining Greenbriar, he worked in the Financial Sponsor and Leveraged Finance Group at Merrill Lynch & Co. Mr. Weiss earned a BA from Duke University.

Organization Position Status
Greenbriar Equity Group LLC Assoc Current
Greenbriar, Inc. Current
Merrill Lynch & Co., Inc. Former
Duke University BA Former

Mr. Talwar joined Greenbriar in 2007. Prior to joining Greenbriar, he worked in the Investment Banking Division at Morgan Stanley & Co. Mr. Talwar received a BBA from York University's Schulich School of Business, in Canada.

Organization Position Status
Greenbriar Equity Group LLC Associate Current
Greenbriar, Inc. Current
York University Bba Former

Organization Position Status
Greenbriar Equity Group LLC Associate Current
Hsh Analyst Former
HSH Nordbank AG Former
Yale University BA Former

Organization Position Status
Greenbriar, Inc. Associate Current
Greenbriar Equity Group LLC Assoc Current
Salomon Smith Barney, Inc. Analyst Former
University of Virginia BS Degree In Mechanical Engineering Former

Organization Position Status
Greenbriar Equity Group LLC Chairman Current

Organization Position Status
Veritas Capital Fund, L.P. Senior Associate Current
Veritas, Inc. Principal Current
Greenbriar Equity Group LLC Director Current
Bain Capital, LLC Executing Leveraged Buyout Former
The Goldman Sachs Group, Inc. Analyst Former
Goldman, Sachs & Co. Analyst Former
Harvard Business School M.B.A. Former
Harvard Business School M.B.A Former
Harvard College A.B. Former
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