Bertram Capital Promotes Three to Vice President

News provided by

Oct 11, 2010, 09:53 ET

SAN MATEO, Calif., Oct. 11 /PRNewswire/ -- Bertram Capital, a private equity firm headquartered in San Mateo, California, announced the promotions of Tom Beerle, Jeff Giles and Tim Heston to Vice President. The promotions follow the successful closing of Bertram Capital's second fund, Bertram Growth Capital II, with $500 million in limited partner commitments.

"Tom Beerle and Tim Heston have made significant contributions to our investment team in a very short period of time, playing key roles in our recent acquisitions of One Distribution and Stoffel Seals," said Jeff Drazan, Managing Partner. "As the founding member of our business development team, Jeff Giles has been integral to building the Bertram brand and establishing our broad sourcing platform."

Tom Beerle joined Bertram Capital in 2009 and primarily focuses on investments in the Business Services sector. Prior to Bertram, Tom worked with Opus Capital, Carl Zeiss Vision, Deloitte Consulting and Deloitte Audit. Tom received his MBA from the University of California, Berkeley and his Bachelor of Arts from the University of California, Santa Barbara, summa cum laude.

Tim Heston joined Bertram Capital in 2009 and concentrates on Industrial sector investments. Prior to Bertram, Tim was with Calera Capital, JP Morgan's Mergers & Acquisitions Group and Carl Marks & Co. Investment Banking Group. Tim earned his MBA at the University of California, Berkeley and his Bachelor of Science at Boston College, magna cum laude.

Jeff Giles joined Bertram Capital in 2007 and focuses on sourcing and evaluating investment opportunities and managing Bertram Capital's intermediary relationships. Prior to Bertram, Jeff worked with Mindseye Group, Emerson Electric and the Trust Company division of A.G. Edwards. Jeff received his MBA from Washington University and a Bachelor of Science in Business from Wake Forest University.

About Bertram Capital

Founded in 2006, Bertram Capital's mission is to help profitable companies realize their full potential through a strategy of buy and build and internally generated growth initiatives. Bertram has over $850 million in capital under management and targets investments in lower middle market companies.

More information on Bertram Capital can be found at www.bertramcapital.com

SOURCE Bertram Capital