LFM Capital Announces Three Team Additions and Two Promotions
March 30, 2021 (Nashville, TN) -- LFM Capital, LLC (“LFM”), a Nashville-based private equity firm, is pleased to announce three new hires and two promotions to support the firm’s continued growth.
LFM has expanded with three new additions to the team: Richard Butler, Heather Rogers, and Alex Weinstein. Richard Butler and Heather Rogers have both joined as Portfolio CFOs and will be working with portfolio company management to assist in developing and enhancing processes and systems to support efficient and effective financial reporting and operational finance and accounting practices. Alex Weinstein has joined as an Associate focused on deal evaluation and execution and portfolio company monitoring and support.
Dan Shockley, Managing Director at LFM Capital, commented, “We are excited to welcome Richard, Heather, and Alex to LFM. Richard and Heather bring extensive experience managing complex financial operations and will be excellent resources for our team and portfolio companies. Alex expands the resources we have available to evaluate, execute and support investment opportunities and portfolio companies.”
Richard Butler was most recently President and CEO of EDSCO, a prior LFM portfolio company where he had previously also served as CFO and EVP. Richard previously spent over 23 years at AZZ, Inc., a publicly-traded company where he ultimately served as Chief Accounting Officer.
Heather Rogers has held CFO and senior finance roles for multiple companies including Subsite Electronics, Charles Machine Works, and Ahrberg Companies. In addition, Heather previously had a successful CPA practice and was a university-level accounting professor.
Alex Weinstein was most recently an Associate with the Zabel Companies, a Charlotte-based private investment firm. Previously, he began his career at Deloitte Corporate Finance.
In addition, LFM announced that Russ Aiken was promoted from Senior Associate to Vice President and Tucker Cowden was promoted from Associate to Senior Associate. Russ joined LFM in 2017 after roles at Barclays and PwC. Tucker joined LFM in 2018 after beginning his career at Jefferies.
Steve Cook, Executive Managing Director at LFM Capital, added, “We are proud to recognize Russ and Tucker, both of whom have made significant contributions to the firm.” Steve added, “The continued growth and development of our team deepens our ability to drive sustainable business value through operational excellence and serves to further our goal of being regarded as a partner of choice for investors and business owners in the manufacturing sector.”
About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle-market investing. LFM targets lead or control investments in U.S.-based lower middle-market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.