Cotton Creek Adds Staff after Fund Close

Cotton Creek Capital has added two professionals to its investment team with the hirings of Josh Weaver and Nathan Zhu.  Mr. Weaver joins Cotton Creek as a senior associate and Mr. Zhu as an associate.

These new hires follow Cotton Creek’s final closing last month of Cotton Creek Capital Partners III LP with $215 million in capital commitments. Cotton Creek invests from $10 million to $40 million in companies with EBITDA between $5 million and $15 million. Sectors of interest include manufacturing, value-added distribution, industrial, specialty chemical, building products, food and beverage, and business services.

Prior to joining Cotton Creek, Mr. Weaver was an associate with CenterOak Partners beginning in 2016 where he focused on deal execution and portfolio company oversight in the industrial, consumer, and business services sectors. From 2013 to 2016 he worked in investment banking at Wells Fargo Securities. Mr. Weaver has his BS in financial management and investments from the University of Arkansas.

Mr. Zhu joins Cotton Creek from Duff & Phelps where he was an investment banking analyst working on mergers and acquisitions in the industrials, consumer and hospitality sectors. Mr. Zhu earned his BA in economics and engineering from Dartmouth College.

Cotton Creek’s new fund has already closed on three investments with the buys of Seatex, a Rosenberg, TX-based provider of chemical compounding and toll manufacturing for products used in the energy, cleaning, and industrial markets (acquired in November 2017); Young’s Communication, a Melbourne, FL-based provider of telecom and utilities infrastructure services (acquired in July 2018); and Vecta Environmental Services, a Gonzales, LA-based provider of industrial and environmental services to the chemical, industrial, utilities and oil & gas sectors (acquired in October 2018).

Cotton Creek is headquartered in Austin, TX (www.cottoncreekcapital.com).

© 2019 Private Equity Professional | September 12, 2019

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