Pfingsten Partners has hired Scott Gilbertson as a new Principal. Mr. Gilbertson will be part of the firm’s Chicago-based corporate finance team and he will be responsible for business development, origination and transaction execution activities, including overseeing the firm’s direct sourcing initiatives with entrepreneurs and industry executives.
“Scott has over 19 years of experience in private equity and M&A advisory,” said Thomas Bagley, Founder and Senior Managing Director at Pfingsten. “We’re confident he will bring fresh perspectives to enhance and extend our existing deal sourcing relationships and efforts.”
Before joining Pfingsten, Mr. Gilbertson spent twelve years as a Principal at The Riverside Company where he led the firm’s business development and transaction origination efforts in the Midwest. From 1997 to 2004, he was a Vice President and Director of Business Development at Chicago-based investment bank Cook Associates. He earned a BA degree from the University of Wisconsin and a JD from Marquette University.
Pfingsten invests in middle market manufacturing, distribution and business services companies that have transaction values ranging from $15 million to $100 million and EBITDA between $3 million and $12 million. Since founding in 1989, Pfingsten has acquired 114 such companies through five funds with total commitments of $1.3 billion. The firm is based in Chicago with additional representative offices in India and China (www.pfingsten.com).
© 2016 Private Equity Professional • 8-17-16
