Laurel Hill Capital Partners, LLC is an investment management company formed in Delaware on November 18, 1998. The Company, led by William J. Catacosinos, former Chairman and CEO of Long Island Lighting Company, was organized to acquire, develop and manage investment opportunities.
On April 17, 2000, Laurel Hill led a group of investors in a $1.1 billion acquisition of TNP Enterprises, Inc. successfully completing the first leveraged buyout of an electric utility.
On April 17, 2000, Laurel Hill led a group of investors in a $1.1 billion acquisition of TNP Enterprises, Inc. successfully completing the first leveraged buyout of an electric utility.