Falls River Group, a middle-market investment bank, has added Stephen Maddox to its team as a group president in the firm’s life science sector.
Mr. Maddox will lead the firm’s Life Sciences Team in developing investment opportunities and in the provision of sell and buy-side transaction, advisory and strategic planning services.
Prior to joining Falls River, Mr. Maddox was the General Manager, Life Sciences and Process Systems for Saint-Gobain, a multinational company based in Courbevoie, France. At Saint-Gobain he had worldwide P&L accountability for $500 million of revenues and $100 million of EBITDA from 26 factories, 6 countries, and over 2,500 people. Mr. Maddox’s work experience includes building state-of-the-art international factories for individual customers, implementing new direct sales channels, accelerating growth, and improving profits in the regulated pharmaceutical sector. In prior positions at St. Gobain, Mr. Maddox held general manager responsibilities for NorPro Catalytic Products, and he was Director, Strategy & Planning for acquisitions, and portfolio management. He has a BS in Metallurgical Engineering from Ohio State and an MBA from the University of Chicago.
“We are very excited that Steve is joining the Falls River Group team and bringing leadership to our life sciences sector that we have served since our founding over 25 years ago,” said Kerry Dustin, founder and chairman of Falls River Group.
“Steve’s experience expands our vision for disruptive change said Mike Wetzer, CEO of Falls River Group. “We are pleased to have him join our firm and utilize his wealth of experience and deep industry knowledge to lead our life sciences team.
Falls River Group is a mergers and acquisitions advisory firm based in Naples, FL. The firm’s sell-side clients typically have annual revenues of $20 million to $500 million and include both privately held companies and divestitures of publicly traded companies. Buyers range from private family wealth funds and private equity groups to Global 1000 companies (www.fallsrivergroup.com).
© 2019 Private Equity Professional | July 18, 2019