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Windjammer Buys Compliance Firm

Windjammer Capital Investors of Newport Beach bought Memphis-based Vital Records Control in partnership with the latter’s management team on undisclosed terms.

VRC provides offsite records storage, imaging services and other compliance needs and operates from more than 25 locations, mostly in the Southeastern U.S.

Windjammer will help VRC accelerate its growth into new markets, VRC Chief Executive Danny Palo said in a statement. VRC is actively seeking acquisitions in document storage, shredding, imaging and workflow solutions.

VRC is the seventh platform investment in Windjammer’s Senior Equity Fund IV.

Windjammer typically invests between $50 million and $200 million of equity or subordinated debt in middle market companies that generate greater than $8 million of operating earnings, its website said.

The firm targets investments in companies that are leaders in attractive niche markets.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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