Gridiron Capital has promoted Chris King and Doug Rosenstein, two members of its investment team, to principal. Mr. King and Mr. Rosenstein both joined Gridiron in 2015 as senior associates and were made vice presidents in 2016.
“Both Chris and Doug have been valuable team members at Gridiron and are being recognized for their accomplishments at the firm,” said Tom Burger, co-founder and managing partner. “Their contributions are an important part of our success, enabling Gridiron to continue to build and deliver value for all of our partners.”
Prior to joining Gridiron, Mr. King was an associate at Vestar Capital Partners where he was responsible for transaction execution and portfolio company management. Earlier in his career, he was an analyst at Lehman Brothers and Barclays Capital. He has his undergraduate degree in finance and international business from Georgetown and an MBA from Wharton. Mr. King is a director on the boards of several of Gridiron’s portfolio companies including Leaf Home Solutions, Rough Country and Royal Paper.
Before joining Gridiron, Mr. Rosenstein was an associate at Sterling Partners where he was responsible for transaction execution and portfolio company management. Earlier in his career, he worked as an analyst at Bank of America Merrill Lynch. Mr. Rosenstein has a BS in business from Indiana University and an MBA from the University of Chicago. He is a director on the boards of Colibri Group and Travel Nurse Across America and has been active with additional Gridiron portfolio companies including Legility and Tokyo Joe’s.
“We love having Chris and Doug on our team and we are excited to recognize their many contributions to Gridiron,” said Kevin Jackson, managing partner. “They have taken on increasing levels of responsibility within the organization and have earned the respect of our management team partners through their dedication and teamwork. We have confidence that they will continue to excel in their new roles.”
Gridiron Capital invests in manufacturing, service and specialty consumer companies that have EBITDAs from $8 million to $50 million. Sectors of interest include branded consumer, business-to-business and business-to-consumer services, and niche industrial. In October 2016, Gridiron held a final closing of the firm’s third fund, Gridiron Capital Fund III LP, at the hard cap of $850 million. The firm is based in New Canaan, CT (www.gridironcapital.com).
© 2019 Private Equity Professional | September 20, 2019