Voegeli family to expand its Birds Eye Holdings in east Wichita
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."
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This story was originally published June 18, 2014 at 5:00 AM with the headline "Voegeli family to expand its Birds Eye Holdings in east Wichita."