Yucaipa Companies
The Yucaipa Companies, LLC is a Los Angeles-based holding company, focusing on private equity investments. The firm was founded in 1986 by its billionaire chairman, Ronald Burkle.
Yucaipa has a history of highly successful leveraged buyout investments in supermarket and grocery chains beginning with Jurgensen's Markets in 1986. After several standalone investments in the late 1980s, Yucaipa went on to lead the consolidation of West Coast retail that occurred during the 1990s.
Most recently, Yucaipa acquired stakes in Colorado-based Wild Oats Markets, New Jersey-based Pathmark Stores, and Minnesota-based Supervalu, among others. Former US President Bill Clinton, a close friend of Burkle, was an advisor to the Yucaipa. From 2003 to 2006, Bill and Hillary Clintons' tax returns show total Yucaipa partnership income of $12.5 million. The 2007 summary provided by Hillary Clinton's Presidential campaign lists $2.75 million in partnership income.
Read more about Yucaipa Companies: Investment History, Relationship With Organized Labor
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