With New Fund, Edgewater Adds Biz Development Pro

Edgewater Capital Partners has added Jason Burmer to its team as vice president of business development.

Mr. Burmer will spearhead Edgewater’s business development function and work with the firm’s investment team to implement investment themes and expand upon relationships nationwide. The addition of Mr. Burmer follows Edgewater’s closing of its most recent fund, Edgewater Capital Partners IV LP, at its hardcap of $185 million in February 2019.

Prior to joining Edgewater, from April 2015 to May 2019, Mr. Burmer was an associate director at H.I.G. where he was responsible for originating investment opportunities in the industrials and business services sectors. Prior to H.I.G., Mr. Burmer served as counsel and business development lead at Miami-based EarlyShares, a financing platform connecting early-stage companies with investors. Mr. Burmer has a bachelor’s degree from Florida State University and a J.D. from the Stetson University College of Law.

“Jason has the ideal skill set and experience to lead the business development function at Edgewater,” said Ryan Meany, a managing partner at Edgewater. “We especially value his experience in building relationships with executives, business owners, and sourcing add-on opportunities. This will be instrumental for increasing activity in our key focus areas including specialty chemicals, contract manufacturers of performance materials, pharmaceutical ingredients and related service providers, and composites.”

“I’m thrilled to be a part of the Edgewater team. The firm’s values, culture, and extensive sector expertise creates a meaningful advantage to the management teams and owner-operators with whom we partner,” said Mr. Burmer.

Edgewater Capital Partners invests in lower middle-market performance materials businesses. The firm has specific expertise in specialty chemicals, pharmaceuticals, and engineered substances. Platform acquisitions will have revenues from $10 million to $100 million, more than $2 million of EBITDA, and gross margins greater than 20%. The firm was founded in 1998 and is headquartered in Cleveland (www.edgewatercapital.com).

© 2019 Private Equity Professional | June 14, 2019

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