Svoboda Promotes Harpster to Managing Director
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Svoboda Promotes Harpster to Managing Director

harpster nf1Svoboda Capital Partners has promoted Richard Harpster to the position of Managing Director.  Mr. Harpster joined the firm as an analyst in August 2004.

“We are extremely proud of Rick’s accomplishments as he continues to excel at Svoboda Capital.  Rick has played a key role in sourcing and managing a number of new investments and continues to add significant value to our portfolio companies,” said John Svoboda, the firm’s Managing Director.

Mr. Harpster is responsible for sourcing and evaluating potential investment opportunities, leading due diligence, structuring and negotiating transactions, and managing portfolio company investments. He serves on the boards of Databank, Cape Electrical Supply, GPA, and Border Construction Specialties.

Prior to joining Svoboda Capital Partners, Mr. Harpster was an Investment Banking Analyst at Merrill Lynch in Chicago.  He holds a BBA degree with in Accounting and Finance from the University of Michigan and also received a Masters of Accounting degree from the University of Michigan.

Svoboda Capital Partners invests from $10 million to $20 million in business services, value-added distribution, and consumer products companies that have revenues from $10 million to $100 million and EBITDAs from $3 million to $15 million. The firm was founded in 1998 and has over $300 million of capital under management.  Svoboda Capital is based in Chicago (www.svoco.com).

© 2014 PEPD • Private Equity’s Leading News Magazine • 4-25-14

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