Private equity company Align Capital Companions has announced some staff alterations following ongoing advancement of the business enterprise.
Align mentioned it has employed James Moss as vice president on the investment staff and Angus Anderson as its very first operations director.
In his new part, Moss, who will function in Cleveland, is liable for sourcing, executing and monitoring the firm’s investments. He joins Align from middle current market personal equity organization RLJ Fairness Partners.
“James is an significant addition to our investment decision staff as we seem to deploy much more money and extend our thematic investing initiatives,” mentioned Align co-founder and managing associate Steve Dyke in a assertion. “His experience fits very well with ACP’s reduce middle marketplace concentrate, and we’re energized to welcome him to the business.”
On the functions facet, Anderson will “guidance execution of portfolio firm benefit generation strategies” according to the firm. He stories to senior running husband or wife Dave Tiley.
Anderson most not too long ago worked for Erecruit, which he still left in 2019 (the company was obtained by Bullhorn in tumble 2019) as head of enterprise execution and planning. He has worked as an independent guide in the Pittsburgh market place given that then.
“We are thrilled to have Angus provide as our first operations director,” Tiley explained in a statement. “His prior working experience functioning together with management teams in the technological innovation sector brings a exceptional ability established to ACP, primarily as the agency appears to further commit in tech-enabled organization types.”
Furthermore, Align mentioned Katie Noggle, who leads the firm’s small business advancement endeavours, was promoted to controlling director in Cleveland.
“Katie has created a potent community of resources for ACP as she has constructed up the firm’s origination endeavours around the previous 4 yrs,” the organization said.
The hires and promotions arrive at a time of “ongoing momentum,” in accordance to the agency. Align notes it accomplished 23 transactions in 2020, such as 4 new platforms and 19 add-ons.
Align is co-headquartered in Cleveland and Dallas. It tends to spend in specialized niche manufacturing, distribution and business support providers with significantly less than $10 million in EBITDA (earnings right before desire, taxes, depreciation and amortization) or with enterprise price of considerably less than $150 million. Its latest financial investment was in a different stack tests organization tuck-in for its Alliance Holdings portfolio company.
