Webster Capital has hired Daniel Schultz as Vice President of Business Development and promoted Alicia Alexander to Vice President within the firm’s consumer group.
In his new position, Mr. Schultz will be responsible for Webster’s deal origination efforts, including building the firm’s relationships with company senior executives, investment bankers and other intermediaries.
Most recently, Mr. Schultz was the Director of Business Development at Capstone Partners where he oversaw Capstone’s national business development and industry coverage activities. Prior to Capstone, he was an analyst at Headwaters MB where he worked with business services clients on mergers and acquisitions, and he also worked at Ernst & Young as a professional in its assurance and advisory business services practice. Mr. Schultz has a degree in biomedical engineering from Vanderbilt University and an MBA from the University of Denver.
“I am very excited to be joining Webster Capital,” said Mr. Schultz. “I believe they are uniquely positioned to enjoy continued success as a private equity investor in the healthcare services and branded consumer sectors. I look forward to helping them build upon their efforts and remain one of the most active firms in these spaces.”
Ms. Alexander joined Webster in September 2014 from LaSalle Capital Group where she focused on buyout investments primarily in the food and beverage, outsourced business services, and value-added manufacturing sectors. At Webster she is responsible for evaluating new transactions and works on current consumer portfolio companies including Dover Saddlery, RIO Brands, Margaritaville Lifestyle Brands and Mondetta Performance Gear. Ms. Alexander is a graduate of the University of Notre Dame and Harvard Business School.
Webster Capital invests in branded consumer, business-to-business, and healthcare services companies with EBITDAs from $3 million to $15 million and transaction values from $20 million to $100 million. At present, Webster has $600 million under management and is currently investing its third fund which closed in 2014 with $400 million in capital commitments. The firm was founded in 2003 and is based in the Boston suburb of Waltham (www.webstercapital.com).
© 2016 Private Equity Professional • 11-3-16
