Lariat Partners has promoted Jason Urband to Principal and Josh Sartisky to Senior Associate.
Mr. Urband shares responsibility with Lariat’s managing partners for new transaction origination as well as industry research driven sourcing efforts in several verticals, including environmental services, and consumer products and services. At Lariat, he has played a key role in both the LaMi Products (October 2015) and Willowood USA (May 2016) acquisitions, serves on the board of each company, and is involved in the development of strategic initiatives and on-going support.
Mr. Urband joined Grey Mountain in 2009. Prior to Grey Mountain, he was an investment professional with an affiliate of Fortress Investment Group and an investment banker with RBC Capital Markets. He graduated from the University of Denver where he earned a BS in Business Administration with a focus in Finance.
“Jason’s promotion to principal recognizes his investment experience, commitment to Lariat’s core values, leadership among the Lariat team, and his contributions to Lariat’s portfolio companies,” said Kevin Mitchell, Managing Partner and Co-Founder.
Mr. Sartisky joined Lariat in 2016 and he has six years of merger and acquisition advisory and private equity investing experience. He supports many of the Lariat’s portfolio company management teams as well as Lariat’s acquisition efforts in several verticals, including industrial and environmental services, and food. Prior to joining Lariat he was an associate at Grey Mountain Partners and an analyst in the M&A group of SunTrust Robinson Humphrey.
“Josh’s promotion is a recognition of the positive impact he’s made supporting many of our portfolio companies since joining Lariat,” said Jay Coughlon, Managing Partner and Co-Founder. “His diligence and execution experience will be important as we continue to explore and invest in companies that fit within our CORE strategy.” The firm’s trademarked CORE strategy stands for “Consolidations”, “Consumables” and “Recurring” revenue businesses.
Lariat invests in lower middle market companies that have EBITDA of $2 million to $20 million. The firm targets companies across a number of industries: food and agribusiness; energy and environmental services; industrial services; consumer products; and specialty distribution. Lariat raised its first investment fund in July 2014 with $118 million of capital commitments. The firm was founded in January 2013 by Messrs. Coughlon and Mitchell and is based in Denver (www.lariatpartners.net).
© 2017 Private Equity Professional | January 31, 2017
