Harbor Beach Capital, a lower middle market private equity firm has been founded by Brian Urbanek, a former managing director at Sun Capital Partners.
Joining Mr. Urbanek in forming Harbor Beach are Craig Farlie and Mike Turner – co-founders, partners and managing directors of Farlie Turner & Co., a Fort Lauderdale-based investment bank; and Erik Rudolph, also a partner and managing director at Farlie Turner. Messrs. Farlie, Turner, and Rudolph are advisory partners of Harbor Beach.
Before forming Harbor Beach, Mr. Urbanek was a managing director at Sun Capital Partners. He joined the firm in February 2006. While at Sun Capital, he completed over 25 transactions for businesses across multiple industries, including industrial, consumer, retail, services, automotive & heavy-duty, financial services, packaging, chemicals, and healthcare. His past investment activities have included control buyout transactions, as well as non-control recapitalization transactions. Prior to Sun Capital, Mr. Urbanek held positions at Stephens, Inc. and Bear Stearns.
Harbor Beach invests in companies that have at least $2 million of EBITDA. Sectors of interest include equipment and specialty manufacturers; business and consumer services; and consumer products. The firm is based in Ft. Lauderdale (www.harborbeachcapital.com).
© 2016 Private Equity Professional • 7-21-16