Atlantic Street Capital Names Two Principals and VP of Business Development
Experienced Professionals Further Build Investment and Transaction Sourcing Teams
STAMFORD, Conn., Sept. 13, 2016 /PRNewswire/ -- Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced today the appointments of experienced private equity investment professionals George Parry and M. Kurt Lentz as Principals of the firm and Sarah Robson as Vice President of Business Development.
Peter Shabecoff, Atlantic Street Capital founder and Partner, said, "We are proud of the remarkable long term stability of our organization, yet as we continue our growth path we recognize the need for additional experienced and talented partners who fit our culture and principles. George and Kurt both have extensive industry experience executing transactions and working directly with portfolio company management teams to build successful businesses in industries related to our areas of focus, and we welcome them and look forward to their long-term contributions."
Mr. Parry brings a background in private equity and acquisition finance to Atlantic Street from Corinthian Capital Group, where he most recently served as Vice President since 2010. Prior to that, he was a Vice President at Amalgamated Capital, and an Associate at Churchill Financial and ViaFinance Group. He is a graduate of Harvard University and received his M.B.A. from Cornell University – Johnson Graduate School of Management.
Mr. Lentz's earlier experience includes private equity, principal lending, and investment banking. He joins Atlantic Street from Sun Capital Partners where as Principal since 2005 he led control equity investment and divestiture transactions and served on the Boards of a number of portfolio companies. Prior to that he was with American Capital Strategies and began his career as a member of CIBC World Markets' Corporate and Leveraged Finance Group. He received a B.A. degree in Economics from Claremont McKenna College.
Prior to joining Atlantic Street, Ms. Robson was a Director at Axial, where she managed a team of consultants who partnered with boutique investment banks and private equity firms to create comprehensive business development strategies. Before Axial, she worked for The Hartford's Individual Life Division as an external life insurance wholesaler and as an internal wholesaler. She began her career there on the sales desk. She received a Bachelor of Business Administration in Risk Management & Insurance from the University of Georgia.
"We are very pleased to have Sarah join our team as we continue to grow and build our firm," said Grant Marcks, Vice President, Head of Business Development for Atlantic Street Capital. "Sarah's knowledge is a great complement to our team and she will provide us with a strong competitive advantage as we source and evaluate transactions and seek to broaden our network in the lower middle market."
About Atlantic Street Capital
Atlantic Street Capital is a private equity firm that invests in middle market companies with between $25 and $150 million in revenue. The firm invests in fundamentally sound companies that will benefit from capital investment and value-adding strategic and operational initiatives. Atlantic Street Capital's partners are hands-on investors who work closely with management to unlock their business' underlying value and help them succeed. The firm is currently investing from Atlantic Street Capital Partners, L.P. III. For more information, visit www.atlanticstreetcapital.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
SOURCE Atlantic Street Capital
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