Andrew Gustin Joins Platte River

Platte River Equity has added a new member to its team with the hiring of Andrew Gustin as a Principal and Head of Business Development. Mr. Gustin has more than ten years of experience as a private equity investor and business development professional.  He will be responsible Platte River’s transaction sourcing, marketing and business development efforts.

Mr. Gustin comes to Platte River following the raising of the firm’s fourth fund, Platte River Equity IV LP, which closed at its hard cap of $625 million in June 2017. The firm’s earlier fund, Platte River Equity III LP, was raised in 2012 and had committed capital of $405 million.

Prior to joining Platte River, Mr. Gustin was with Indianapolis-based Hammond, Kennedy, Whitney & Company – he joined HKW in March 2010 – where he was responsible for the firm’s transaction generation activities, including sourcing new investment opportunities, developing new business relationships, marketing, advertising and managing the firm’s CRM system.  Earlier in his career he was an analyst with Eli Lilly and Company.  Mr. Gustin has a BA in Economics and Computer Science from DePauw University.

Platte River makes equity investments of $20 million to $100 million in lower middle-market companies with enterprise values between $40 million and $250 million. Sectors of interest include aerospace and transportation; energy and power; agriculture and chemicals; and metals and minerals. Platte River is based in Denver (www.platteriverequity.com).

© 2017 Private Equity Professional | November 30, 2017

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