Altamont Capital Partners has hired Todd Lachman as a new Operating Partner. Mr. Lachman will focus on investment opportunities in the consumer sector, with a particular focus on consumer packaged goods. Mr. Lachman has 25-years of experience in consumer products with specific experience in pet care, confectionery, food, and household goods.
“We are thrilled to partner with Todd. He brings a wealth of relevant experience and leadership capabilities to the team, demonstrated by the outstanding results he has delivered throughout his career,” said Jesse Rogers, Managing Director of Altamont.
Most recently, Mr. Lachman was the Global President of the Mars Petcare business where he generated market share gains driven by organic growth and multiple acquisitions, including the multi-billion dollar acquisition and integration of Iams/Eukanuba from Procter & Gamble. Prior to this role, Mr. Lachman was the President of the Mars Chocolate business in North and Latin America. Before his time at Mars, Mr. Lachman held senior management roles at Del Monte Foods, H.J. Heinz, and Procter & Gamble.
“I am thrilled to join the very talented Altamont team to explore investment opportunities in the consumer sector. Altamont’s track record of successfully acquiring and adding value to businesses makes the firm a perfect partner,” said Mr. Lachman. “I am confident that our unique combination of skills and experience will generate exceptional investments and deliver attractive financial returns.”
Altamont Capital Partners invests in middle-market businesses with specific interest in the financial services, government services, consumer/retail, industrials and healthcare sectors. Altamont was formed in 2010 by Jesse Rogers, Randall Eason and Keoni Schwartz who previously worked together at Golden Gate Capital and Bain & Company. The firm has over $1 billion of capital under management and is based in Palo Alto (www.altamontcapital.com).
“We are excited that Todd has joined the team,” said Altamont Managing Director Casey Lynch. “His demonstrated ability to lead a variety of consumer businesses and his experience building teams to deliver profitable growth will be an incredible asset to our firm.”
2015 PEPD • Private Equity’s Leading News Magazine • 5-21-15