Altus Capital Partners has added Dale Cheney as a new Principal in the firm. Mr. Cheney will be responsible for sourcing and closing new investments and working with Altus’ three partners in managing its existing portfolio. “We are pleased to have an experienced professional like Dale join our Altus team to contribute to our success as a leading investor in the middle market manufacturing space,” said Elizabeth Burgess, Senior Partner of Altus. “Dale will play a key role in cultivating and driving new deal transactions while providing strong support to our portfolio.”
Along with the hiring of Mr. Cheney, Altus has relocated its Connecticut office to Wilton Woods Corporate Campus in Wilton, CT, where Mr. Cheney will be based. The firm continues to maintain an office in Lincolnshire, IL.
Mr. Cheney has over 12 years of experience in private equity and buyout investing, executing over $5 billion of private equity transactions with a focus on niche manufacturing and consumer products. He joins Altus from Citicorp Venture Capital where he was a Principal. Prior to CVC, Mr. Cheney was an Investment Banking Associate in leveraged finance at Goldman, Sachs & Co. and, earlier, a Transaction Services Senior Associate in the Private Equity Group at PricewaterhouseCoopers.
Altus Capital Partners invests in corporate divestitures, management-led buyouts and privately held or family-owned businesses with manufacturing operations based primarily in the Midwest and Eastern regions of the United States. Target companies will have at least $5 million of EBITDA and an enterprise value from $30 million to $100 million. The firm has offices in Wilton, CT and Lincolnshire, IL (www.altuscapitalpartners.com).