LFM CAPITAL ANNOUNCES OPERATING PARTNER ADDITION
LFM Capital, a Nashville-based private equity firm, is pleased to announce that Ken Hoefling has joined the firm as an Operating Partner. Ken brings to LFM substantial executive and leadership experience in diversified manufacturing and product engineering following a 30-year career at Caterpillar,the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
LFM CAPITAL ANNOUNCES CLOSING OF SECOND FUND AND TEAM PROMOTIONS AND ADDITIONS
LFM Capital, LLC, a Nashville-based private equity firm founded in May 2014, announced today that it has closed its second fund, LFM Capital Partners II, L.P. (“LFM II” or “Fund II”) with $184 million in aggregate capital commitments.
LFM CAPITAL APPOINTS JESSICA GINSBERG AS VICE PRESIDENT
LFM Capital, a private equity firm focused on growth-oriented, lower middle market manufacturing and industrial services businesses, announced today that Jessica Ginsberg has joined the firm as Vice President of Business Development. Jessica will be responsible for managing LFM’s business development and origination activities, including overseeing the firm’s direct sourcing platform and outreach to transaction intermediaries.
ANDY STORM JOINS ECKHART & ASSOCIATES AS CHIEF EXECUTIVE OFFICER
Eckhart & Associates, Inc., a market leader in the design and manufacturing of specialized ergonomic tools and solutions to automotive and industrial manufacturers, announced today it has named Andrew (“Andy”) P. Storm as the company’s Chief Executive Officer. Andy joined the company as its incoming CEO effective July 6, 2015. A graduate fellow of MIT’s Leaders in Global Operations (“LGO”) program, Andy brings world-class academic credentials and best practices in global business, engineering and manufacturing.
LFM CAPITAL ANNOUNCES CLOSING OF LFM CAPITAL PARTNERS, L.P. AT $110 MILLION
LFM Capital, LLC, a Nashville-based private equity firm founded in May 2014, announced today that it has closed its first fund, LFM Capital Partners, L.P. (“LFMCP” or “Fund”) with $110.1 million in aggregate capital commitments. LFMCP will focus on private U.S. manufacturing and industrial services companies with enterprise values ranging from $15 to $75 million. The Fund seeks to identify and invest in promising businesses that have developed sustainable competitive advantages and possess untapped growth opportunities.