ACG Cleveland Regional East: “The Power of Local Partnerships” with Transtar Holding Company and Blue Point Capital Partners

Event Details

When:

November 11, 2021 5:30 PM - 7 PM EST

Where:

Location Address

Cedar Creek Grille
2101 Richmond Rd
Beachwood, OH 44122
United States

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Overview

Body

Join ACG Cleveland for an engaging presentation by Neil Sethi, President and CEO of Transtar Industries, and Chip Chaikin, Partner at Blue Point Capital Partners, as they discuss Blue Point’s recent acquisition of Transtar, the unique circumstances that brought the acquisition together and the power of local partnerships to drive success and create value.

Transtar Industries is a global leader in transmission and driveline solutions dedicated to its mission of simplifying complex vehicle repair to keep the world moving. They offer the broadest product portfolio of high-quality OE, aftermarket, and premium remanufactured parts, best-in-class distribution, and cutting-edge software solutions. Headquartered in Cleveland, Ohio, Transtar uses its robust distribution network throughout the U.S., Puerto Rico, and Canada to supply products to more than 80 countries.

Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors, while providing the perspectives and resources of a global organization. Blue Point has over a two-decade history of partnering with lower middle-market businesses to build processes and capabilities to achieve dramatic growth. The Firm focuses on opportunities where it can leverage its collective experience, extensive network of operating resources and unique toolkit, which includes supply chain / Asian capabilities, data and digital strategies, human capital strategy and focused add-on acquisition efforts. Blue Point typically invests in businesses that generate between $25 million and $300 million in revenue.

Speakers

Chip Chaikin

Blue Point Capital Partners

Partner

Chip has been with the group since 1998 and opened Blue Point’s Shanghai office, which he continues to lead, in 2004. Prior to Blue Point, Chip worked in business development for the Sara Lee Corporation in Hong Kong, as well as for Strategic Planning Associates (now part of Oliver Wyman), providing strategic consulting services to a number of Fortune 500 companies.

Chip holds a B.A. in Asian Studies from Brown University and a Master’s of Public Affairs from Princeton University. Chip has been a contributor on issues related to China investments to a number of national news organizations, including Bloomberg, Reuters, The Wall Street Journal and American Public Media’s national radio show, Marketplace.

On behalf of Blue Point, Chip serves as a director of Gesco, Next Level, Spector & Co. and Transtar.

In his spare time, Chip enjoys biking, swimming and traveling with his family. He met his wife in the fifth grade and they have four kids, with music in their house running the gamut from Katy Perry to Kendrick Lamar. Chip also serves as a Court Appointed Special Advocate (CASA), working with children in the Cuyahoga County juvenile court system. He is also a former member of the Shanghai chapter of the Young Presidents' Organization.

Neil Sethi

President & CEO

Transtar Holding Company

Neil Sethi is the President and CEO of Transtar Holding Company, LLC, a portfolio of diversified distributors and manufacturers of high quality branded automotive products with over 80 locations and 1500 employees in North America. Neil is a 17-year veteran of the automotive industry through progressive roles at Transtar and previously was the co-founder and CEO of Transmaxx, LLC a technology driven automotive parts distributor that was acquired by Transtar in 2017. During his tenure in automotive, he has actively participated in over a dozen acquisitions and divestitures. Earlier in his career, Neil was a healthcare consultant for PricewaterhouseCoopers, LLP.

Neil serves as Director for University Hospitals, The Rock & Roll Hall of Fame, University School, and is a member of YPO (Young Presidents’ Organization) and The 50 Club of Cleveland. His prior board appointments include Great Lakes Science Center, Cleveland Orchestra, TIE Global, and he was the prior Chairman of the Board of Ahuja Medical Center. He also previously served on For-Profit Boards of private businesses that were private equity owned of which MURA Holdings, a family office, was a co-investor. In addition, Neil is a member of Crain’s Business “40 under 40” Class of 2010. Neil received his undergraduate degree in Biology from the University of Pennsylvania where he graduated Magna Cum Laude. He obtained a Doctorate of Medicine from University of Cincinnati, and an MBA with concentration in Finance from Georgetown University where he was a member of the Beta Gamma Sigma Honor Society. Outside of work and philanthropic commitments, Neil enjoys spending time with his wife, Manisha and their three children. His hobbies include music composition, distance running, and golf.

Moderator: Rich Stovsky

Event Secondary Body

COVID-19 Protocol

ACG Cleveland is committed to the safety of all of our members and friends, and have taken all necessary precautions in hosting in-person events. These include:

Enforcing local or venue COVID-related protocols in place at the time of the event,
the strong encouragement of masks to protect un-vaccinable children and adults in the spheres of our members and friends,
encouraged social distancing of 6 feet in both indoor and outdoor spaces,
an ample supply of masks, hand sanitizer, and soap across the facility to minimize the risk of viral transmission from guest to guest.

We will continue to maintain both the CDC's and the State of Ohio's recommended guidelines for gathering during the COVID-19 outbreak, and will update you with any changes to protocol.

After October 28, 2021: please cancel your registration (without penalty) if you have registered for this event, and any of the following applies:

if you have tested positive for COVID-19,
are waiting for COVID-19 test results,
have COVID-19 symptoms, or
if you have had close contact with a person who has tested positive for or who has symptoms of COVID-19.

Hosted by: ACG

Chapter

Cleveland

Event Materials

Event Registration Pricing

$30	Members
$60	Non Members (become an ACG Cleveland member today)
$20	YACG