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Voegeli family to expand its Birds Eye Holdings in east Wichita
06/18/2014 5:00 AM
06/25/2014 5:53 PM
WICHITA — Birds Eye Holdings, a private equity firm the Voegeli family formed last year after selling Exacta Aerospace, is more than doubling its square footage with a move to the east side of Wichita.
"We've seen a tremendous amount of activity, and we really need to grow our team ... to capitalize on those activities," says CFO Seth Albin.
The firm now is in almost 2,000 square feet in the Bank of America Center at Douglas and Broadway.
The new space at Country Club Park at 13th and Webb Road will be almost twice that size.
Birds Eye has five employees and plans to add two or three people in the next 12 months, Albin says.
"That would have created a little bit of a pinch over here."
Albin says the employees will be a combination of support staff and what he calls diligence team members who can help with deals.
"It's been remarkable what we've seen in terms of activity," Albin says. "We look for deals that create value for our shareholders on a long-term basis."
About Carrie Rengers
Carrie Rengers joined The Eagle's Business team in 2002 despite her inability to even balance a checkbook. Fortunately for her, and readers, her Have You Heard? blog is about business scoops and contains lots of news but almost no math.
A Michigan native, Carrie’s father was quite tragically transferred to Little Rock, Ark., in the middle of her sophomore year of high school. To make matters worse, her parents put her in a girls school. She recovered, though, and went on to enjoy being an English major at Hendrix College (the Harvard of the Ozarks, don’t you know). She worked for the weekly Arkansas Business and the statewide daily Arkansas Democrat-Gazette before moving to Wichita to be with her favorite writer and cook, husband Joe Stumpe.
Carrie encourages readers to contact her with tips, questions, behind-the-scenes business news and even funny quotes from business people. Reach her at 316-268-6340 or firstname.lastname@example.org.
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