SBP Holdings is a group of value-added distributors in the industrial rubber, wire rope, and rigging products industries. Our primary objective is acquiring well-managed, profitable businesses where operating changes are not necessary. We believe that good companies are the result of good management. With this in mind, our philosophy is to allow management to operate the businesses on a stand-alone, decentralized basis. This affords them a tremendous level of responsibility, authority, and autonomy. It is not our intention to change the culture of an acquired company. SBP Holdings allows current management to continue doing what they do best, manage a successful business.
Our goal is for our management teams to focus on growing their businesses. Not to be concerned with positioning their companies for an eventual exit strategy. Our day-to-day involvement is minimal. Our purpose is to provide management with the resources they need to enhance the long-term growth of their business.
SBP is a portfolio company of AEA Investors. AEA is a leading private equity firm headquartered in New York. Certainly, these investors are a pioneer in the private equity industry. They were founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. In short, with over 40 years of investing experience, AEA has a global presence with offices throughout Europe and Asia.
SBP Holdings understands that a good company is the result of good management, and we will encourage good management to remain.
Here at SBP, we know that a company can do best when its management has the resources available to grow and be innovative.
We encourage management growth by providing an operating environment that allows prompt decisions and rapid responses to the marketplace.
At SBP we are firm believers that management should participate in an incentive plan that properly awards post-acquisition growth and profitability.