Hadley Capital Supports Management Buyout of Centare GroupBy Paul Wormley
In late August, Hadley Capital and the management team of Centare partnered up to acquire the assets and business of Centare Group from its founders. Centare has grown very rapidly over the last three years thanks to innovative services that are in high demand from its customers and a highly talented workforce led by a dedicated management team.
Together with our management team partners we plan to build on Centare's past successes while making the investments and improvements necessary to support its future growth.
Centare is another example of Hadley Capital successfully partnering with small company management teams to buy out founders or inactive owners. In 2012, Hadley Capital also supported the management buyout of Bluff Manufacturing. If you are a manager considering a buyout of a company that you run, please contact us to learn more about how we might be able to help you.
More information about the Centare transaction is available here.
Paul Wormley - General Partner
Paul joined Hadley Capital in 2005. He has spent his entire career working with small and emerging companies. Paul grew up in a family business environment and is an owner of his family’s community newspaper business. Paul works with GT Golf Supplies, Pneu-Con, Open Sky Media and Centare. He was the chairman of the board of directors for i-deal Optics, a previous Hadley Capital company.
Paul is an outdoor enthusiast who enjoys fishing, hunting, riding motorbikes, Crossfit and an occasional craft beer. He works closely with a number of non-profit organizations including One Acre Fund and Trout & Salmon Foundation, and serves as chairman of the Finance Committee at his church.
Paul is a graduate of the University of Colorado at Boulder and received an MBA from the Kellogg School of Management at Northwestern University. He and his wife, Rosemary, have three children.