Guardian Names New Partner

Guardian Capital has promoted Christopher Fugaro to partner. Mr. Fugaro joined Guardian as an investment professional in 2010.

Guardian makes control investments in lower middle-market private companies located primarily in the United States that have annual revenues between $20 million and $100 million and EBITDA between $3 million and $9 million. Sectors of interest include consumer products, niche manufacturing, and specialty business services.

Guardian was founded in 2008 by managing partners Scott Evans and Peter Haabestad and is headquartered in the Philadelphia suburb of Wayne, Pennsylvania.

Since joining Guardian, Mr. Fugaro created and implemented the firm’s deal origination strategy and he has directly sourced 13 investments, including both platform and add-ons, and today he oversees all transaction sourcing strategies for the firm.

“We realized in the early days of forming Guardian we needed a deal professional dedicated to building the Guardian brand, maintaining external relationships with a broad spectrum of deal source providers and business owners, and continuing to evolve our deal sourcing capabilities,” said Mr. Haabestad. “Chris stepped up in this role enabling Guardian to further differentiate itself in the lower middle market.”

“Competition to source high-quality deals has always been fierce and the current COVID-19 restrictions have only highlighted the value of a formal deal sourcing strategy,” said Mr. Evans. “The deal sourcing engine and long-term relationships that Chris has established for the firm continue to yield actionable deals in sectors where we want to put dollars to work during the current challenging environment.”

In addition to Mr. Evans and Mr. Haabestad, the partners of Guardian now include Adrian Ironside, Ryan Northington, Thomas Caruso, and Mr. Fugaro.

© 2021 Private Equity Professional | April 1, 2021

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