Post Capital Partners has promoted Christopher Cheang to Director and Head of Business Development.
In his new position, Mr. Cheang will be responsible for building relationships with the broader deal community to generate investment opportunities for the firm. “I am excited about the 
opportunity to lead Post Capital’s marketing efforts and believe that our ‘Executive-First’ investment strategy provides an excellent platform to source and close many successful transactions,” said Mr. Cheang. The ‘Executive-First’ strategy is part of the firm’s criteria to invest in partnership with senior executives already running successful companies or partnering with senior executives looking to acquire a company.
Before joining Post Capital in 2009, Mr. Cheang had worked in Shanghai for Cabot China, a joint venture of Cabot Corporation, a NYSE-listed specialty chemicals company. Earlier in his career he was an investment banker with Adams Harkness, a middle-market investment bank in Boston.
Mr. Cheang, who was promoted from Vice President, was instrumental in the January 2017 sale of Invo HealthCare Associates to the Wicks Group of Companies. Post acquired Invo HealthCare in December 2012 and will remain a minority investor in the company.
“We are extremely pleased to have Chris as part of our team at Post Capital and know he will provide focus and leadership to our business development efforts as we move forward,” said Mitch Davidson, co-founder and Managing Director.
“As head of business development, Chris will also be a key player in the implementation of Post Capital’s ‘Executive-First’ investment strategy. We believe the availability of high quality senior management is the primary driver of a company’s success,” said Michael Pfeffer, co-founder and Managing Director.
Post Capital invests from $5 million to $15 million of equity in companies with $10 million to $150 million of revenue and a minimum EBITDA of $2 million. Industries of interest include services, manufacturing and distribution businesses. Post Capital is based in New York (www.postcp.com).
© 2017 Private Equity Professional | May 18, 2017
