Littlejohn & Co. has promoted Drew Greenwood to managing director, and Charles Leung and William McDavid have been promoted to vice president.
“We are delighted to announce the promotions of Drew, Charles, and Will and acknowledge the impressive contributions these individuals have made to the overall success of our team at Littlejohn and our portfolio companies,” said Michael Klein, chief executive officer at Littlejohn. “Drew is a seasoned investment professional, and over the past 12 years has embraced the values we cultivate at Littlejohn through his hard work, creativity and dedication. Will and Charles are exceptional team members that exemplify the strength and depth of our team.”
Mr. Greenwood is closely involved with many of Littlejohn’s portfolio companies and currently serves on the board of directors of Motion Recruitment, Cornerstone Chemicals, and alphabroder. Since joining the firm in 2007 from CIBC, he has worked with various portfolio companies, such as CTI Foods, Contech Engineered Solutions, World and Main, Cosmetic Essence, Synchronous Aerospace Group and Wyle. At CIBC, he executed public and private leveraged buyouts, corporate divestitures, distressed asset sales, private company mergers and strategic acquisitions across a variety of industries. Mr. Greenwood has a BA in economics from Cornell.
Mr. Leung joined Littlejohn in 2013 and serves on the board of directors of Cook & Boardman, a distributor of commercial door entry products acquired in October 2018. He joined Littlejohn from Sagent Advisors where he was involved in executing M&A transactions across a variety of industries. Mr. Leung has a BS in finance and economics from the Stern School of Business at New York University.
Mr. McDavid joined Littlejohn in 2013 from Houlihan Lokey where he served first as an analyst and later an associate in the financial restructuring group, responsible for executing restructuring transactions. Mr. McDavid received a B.A. in economics with honors from Columbia College.
Littlejohn makes control and non-control investments in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth. The firm invests from $50 million to $150 million of equity in middle-market companies that have annual revenues of $100 million to $800 million. Littlejohn invests across a range of industries and acquires manufacturers, distributors, and service providers.
In November 2018, Littlejohn held a final closing of Littlejohn Fund VI LP with $2.84 billion of committed capital, exceeding the fund’s target of $2.5 billion. The firm’s previous fund, Littlejohn Fund V LP, with $2.0 billion of committed capital, had a final close in July 2014.
Littlejohn is headquartered in Greenwich, CT (www.littlejohnllc.com).
© 2019 Private Equity Professional | January 17, 2019