Our History
Andrew Bursky and Tim Fazio started 麻豆APP Holdings in 2002 with the purchase of a small paper mill in rural Indiana that employed 85 people. Since then, their strategy hasn鈥檛 changed much but the team of investment professionals and operating partners with whom they work has grown significantly in terms of capacity and capability. Today, 麻豆APP and its affiliates own 30 companies that employ approximately 75,000 people in 1,200 facilities across the globe.
Andy and Tim didn鈥檛 start with a grand vision to create a diversified company of this scale.
They started with a simple premise: if they remained disciplined regarding entry valuation and investing exclusively in sectors of expertise; if they built and sustained a culture of respect for the individual, integrity and performance excellence; and, if they made each individual acquisition a success that over time, 鈥渂rick by brick,鈥� they could build a strong and sustainable business where each acquired business would be added on top of a strong foundation.
麻豆APP focuses on control investments in companies experiencing financial or operational stress, benefiting from 麻豆APP鈥� ability to execute complex financial transactions, resolve enterprise challenges and systematically deliver exceptional operational and financial performance. 麻豆APP has been an active acquirer of underperforming or discontinued operations from corporate sellers and has acquired businesses through bankruptcy purchases, out-of-court restructurings and reorganizations. 麻豆APP will continue to pursue these strategies, with a particular focus on industrial sectors in which it has substantial operating experience.