BUFFALO, N.Y., Nov. 18, 2013 /PRNewswire/ -- Summer Street Capital Partners (www.summerstreetcapital.com), a Buffalo, New York-based private equity fund, is pleased to announce the promotion of Michael Petri to Partner. Michael will continue his involvement in all aspects of the firm's investment activity and portfolio management. He is also responsible for investment valuations and managing the junior investment team.
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"We congratulate Mike on his promotion to Partner and thank him for his hard work and dedication," commented Brian D'Amico Managing Partner. "Mike joined the firm nearly nine years ago as an Analyst, and his growth through the company to Partner is a reflection of his vast contributions to the firm."
Since joining Summer Street in 2005, Michael Petri has been closely involved with the successful closing of six Summer Street investments. He most recently led the closing of a Summer Street portfolio investment Apple Valley Waste, and serves on the board of Summer Street portfolio company, Belmont Meats. Michael has driven value creation in the Fund II portfolio and will continue to participate in the investment activity and growth of the Fund III portfolio.
ABOUT SUMMER STREET CAPITAL PARTNERS LLC
Summer Street Capital Partners LLC, founded in 1999, is a Buffalo, NY-based private equity fund manager with over $450 million of committed capital focused on investing in lower middle-market companies. The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies. Summer Street's investors include leading pension funds, insurance companies, and banking institutions. Summer Street's investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations. The investment team is complemented by a team of experienced operating partners who are integrally involved in assisting portfolio companies. Visit www.summerstreetcapital.com for additional information.
SOURCE Summer Street Capital Partners, LLC
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