L2 Capital Partners has added two new team members to its staff with the hiring of Matt Klein as an Operating Partner and Connor McMahan as an Associate.
“It is very exciting to have Matt and Connor join our team. Both are highly talented and greatly expand L2’s ability to enhance the performance of our existing portfolio as well as to execute acquisitions of new platform companies and add-on opportunities for our portfolio companies,” said Bob Levine, Managing Partner of L2 Capital.
Mr. Klein brings more than fifteen years of experience in strategy, finance and operations at lower middle market firms. His primary focus is to promote growth and value creation activities at L2 Capital’s portfolio companies. Prior to joining L2 Capital, Mr. Klein spent more than fifteen years as an entrepreneur, consultant and interim executive for client companies in the services, logistics, manufacturing, consumer goods, real estate and construction industries. He previously was a Director at both KPMG and Alvarez & Marsal, where he worked on performance improvement, transactions and restructuring engagements. Mr. Klein holds a BS degree from California Polytechnic University and an MBA degree from the University of Texas.
Mr. McMahan joins L2 Capital from Boxwood Partners, a merchant bank in Richmond, VA, where he was an Associate. While at Boxwood, he executed lower middle market transactions in a variety of industries for both the firm’s private equity and investment banking divisions. His primary focus is to source, analyze and monitor new investment opportunities and to provide analytical support for L2 Capital’s portfolio companies. Mr. McMahan earned a BS degree in Business Administration from the University of Richmond.
L2 Capital Partners invests in privately-owned manufacturing, service and distribution companies with revenues of $10 million to $75 million and valuations of up to $50 million. L2 Capital has over $50 million in available capital and invests from $1 million to $10 million in each transaction. L2 Capital is headquartered in Radnor, PA (www.L2Capital.net).
© 2012 PEPD • Private Equity’s Leading News Magazine • 11-28-12
