Linsalata Capital Partners has promoted Michael Faremouth to Managing Director and Murad Beg to Principal.
Mr. Faremouth joined the firm in 2005 and serves as Chairman of Stag Parkway Holding Company and is a director of Harden Manufacturing, Hospitality Mints Holding Company, and Transpac Holding Company. Prior to joining Linsalata Capital Partners, he spent two years at the Matco Tools subsidiary of Danaher Corporation. Mr. Faremouth began his professional career at Ernst & Young where he spent six years in Audit then the Litigation Advisory Services practice working with manufacturing and distribution companies rising to the level of Manager. He has a Bachelor of Business Administration degree in Accounting from the University of Michigan and an MBA from the Darden School of Business at the University of Virginia.
Mr. Beg joined Linsalata Capital Partners in 2008 and his primary responsibilities include acquisition searches, due diligence, negotiations and portfolio company oversight. He serves as a director of Whitcraft Holdings and is a member of the Eatem Foods Company’s oversight team. Mr. Beg’s prior experience includes 13 years of practicing law, ultimately co-heading the M&A practice as a partner with Calfee, Halter & Griswold in Cleveland counseling privately-held, public company and private equity clients with a primary focus on mergers, acquisitions, divestitures, capital raising and other transaction activities. Prior to joining Calfee, Mr. Beg was associated with the law firm of Cummings & Lockwood. Mr. Beg received a Bachelor of Arts in Political Science from Kenyon College, and he earned a JD from The Pace University School of Law.
Linsalata Capital Partners invests from $10 million to $50 million of equity in middle market companies in an array of industries that have $7 million to $50 million of EBITDA and at least $300 million in enterprise value. The firm is currently investing from its seventh fund, Linsalata Capital Partners Fund VI, L.P., with $427 million in committed equity capital. Linsalata Capital Partners was founded in 1984 and is based in Mayfield Heights, OH (www.linsalatacapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 3-11-13