O2 Investment Partners has hired Jimmy Frye as the firm’s newest Associate. Mr. Frye will be responsible for evaluating new transactions, due diligence, underwriting, and monitoring O2’s portfolio companies.
“Jimmy has a strong background with excellent transaction experience and we’re pleased to welcome him to the O2 team,” said Managing Partner Todd Fink. “We are extremely active right now, so we’re looking forward to Jimmy having an immediate impact.”
Prior to joining O2, Mr. Frye was with GCA Advisors, a middle-market investment bank in San Francisco offering M&A and private financings advisory services. He focused on executing M&A transactions across the broader technology sector. He graduated from Kalamazoo College with a BA in Economics, where he was also a captain and wide receiver on the football team.
O2 makes control investments of $5 million to $75 million in companies with EBITDAs from $2 million to $10 million located anywhere in the US and Canada but has a preference for the Midwest and the Great Lakes regions. Sectors of interest include niche manufacturing, niche distribution, select service businesses, and certain technology businesses.
In October 2017, the firm held a final closing of its Oxygen Fund with an above-target $100 million of capital commitments. O2, based in the Detroit suburb of Bloomfield Hills, is backed by the Orley family which has been investing in operating businesses and real estate since 1950 (www.o2investment.com).
© 2018 Private Equity Professional | October 17, 2018