Castanea Partners – an investor in branded consumer products and services – has hired Tim Burke as its newest Partner. He will be based in the firm’s Boston office.
Prior to joining Castanea, Mr. Burke was Co-Founder and Partner of Glenbrook Consumer Partners, a San Francisco based consumer fund where he was responsible for all elements of the investment process. Prior to Glenbrook, he was a Partner at Rosewood Capital, a middle market consumer fund where he was active in consumer products and services, retail, and restaurants. As a senior investor at Rosewood, he led multiple investments and worked closely with portfolio companies. Mr. Burke has a BA in Sociology from Harvard University and an MBA from Stanford Graduate School of Business.
“Tim is an experienced private equity professional and consumer investor and we’re very excited to have him on our team. As a senior investor, Tim has extensive experience in all aspects of middle market investment sourcing, execution, and post acquisition management. He brings with him an extensive network of industry relationships including entrepreneurs, business owners, and investment bankers. Tim’s extensive knowledge and network in the consumer sector will help us identify new opportunities for investment,” said Rob Smith, a Managing Partner of Castanea.
Castanea Partners invests from $15 million to $75 million in companies that operate in the consumer brands, marketing services, and information services sectors. Castanea participates in leveraged buyouts, growth and acquisition equity investments, and operationally challenging situations. The firm is currently investing from its fourth fund, a $600 million fund that targets companies with enterprise values up to $250 million. Castanea is headquartered near Boston in Newton, MA (www.castaneapartners.com).
“I am very pleased to be joining the Castanea team,” said Mr. Burke, “They have established themselves as a leading middle market private equity firm with deep operating experience in the branded consumer sector. I look forward to helping them identify new investment opportunities and partner with founders and management teams of exceptional small and mid-size companies.”
2014 PEPD • Private Equity’s Leading News Magazine • 10-28-14
