Sorenson Capital Promotes Three and Adds New Vice President
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Sorenson Capital Promotes Three and Adds New Vice President

Sorenson Capital Partners has promoted Mark Ludwig to managing director, Don Blohm to performance group operating partner and Peter Sturgeon to principal. In addition, Bert Roberts has joined the team full-time as vice president.

“With the team we have in place, Sorenson Capital has the talent and expertise required to deliver exceptional value for our portfolio companies,” said Fraser Bullock, managing director of Sorenson Capital. “Mark, Don, Peter and Bert have continually proven their value to our firm’s portfolio companies and shareholders. We have every confidence in our team’s ability to partner and grow with the complex, compelling businesses we invest in, and look forward to gearing up for new investment opportunities in the coming year.”

In less than a decade at Sorenson Capital, Mr. Ludwig has ascended from analyst to managing director. He was the chairman of NCS Energy Services, and proved instrumental in the sourcing, growth and exit of the company, one of Sorenson Capital’s most successful investments. He currently sits on the board of Custom Control Concepts. Prior to joining Sorenson Capital, Mr. Ludwig was an associate consultant with Bain and Company.

After joining Sorenson Capital in 2010 as performance group vice president, Mr. Blohm was instrumental in the operational transformation of Mity-Lite, which resulted in the company being named 2011 Manufacturer of the Year by the Utah Manufacturers Association. He also assisted NCS Energy Services in building an efficient and effective supply chain to help facilitate substantial growth. In addition, Mr. Blohm acted as the interim chief operating officer for Re-Bath and interim vice president of operations at Goal Zero. Prior to joining the firm, he was vice president of worldwide operations for Flowserve Corporation, a manufacturers of pumps, valves, seals and components to the process industries.

As vice president at Sorenson Capital, Mr. Sturgeon has played a key role in the recent exits of Southeast Directional Drilling, M&M Pipeline Services and RWI Construction while serving on their respective boards of directors. He also assisted in the recent acquisition of Custom Control Concepts. Previously, Mr. Sturgeon was an associate with the Boston Consulting Group.

Prior to joining Sorenson Capital in his new role as vice president, Mr. Roberts was a contributor to the firm’s deal sourcing efforts as a consultant. He played a key role in sourcing two recent investments for the firm – Health Catalyst and AccessData Group. Previously, he was a vice president of institutional client services at Wasatch Advisors.

Sorenson Capital invests from $10 million to $25 million in small to middle-market buyout and growth equity opportunities with a particular focus on companies located in the Mountain and Western regions of the United States. Sorenson Capital has $650 million in capital under management and is headquartered in Salt Lake City (www.sorensoncapital.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 3-27-13

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