Gridiron Capital has added Jon Bostock to its team as an operating partner and CEO in residence.
Mr. Bostock has more than 16 years of senior management experience in the areas of marketing and branding, intellectual property, team development, strategic deployment, and corporate growth.
After receiving his MBA from Louisiana State in 2005, Mr. Bostock joined GE’s Executive Leadership Program. From 2007 to 2013 he was an executive with GE Appliances where he was active in retail strategy, product management, brand management, and marketing. In 2013, he became the General Manager of Consumer Ventures at GE where he was active with trademark licensing, developing strategic partnerships, and new product development.
In 2016, Mr. Bostock joined Big Ass Fans, a Lexington, Kentucky-based maker of high-volume, low-speed (HVLS) ceiling fans, as its chief operating officer. Lindsay Goldberg acquired Big Ass Fans in December 2017 for $500 million and Mr. Bostock became the company’s CEO in January 2018. In June 2018, Mr. Bostock co-founded and became CEO of Truman’s, a Louisville, Kentucky-based direct-to-consumer cleaning products brand that was sold to an unnamed multinational company in June 2021.
Now with Gridiron, Mr. Bostock will work with the firm’s portfolio companies to develop disruptive strategies and brand identities, and data analytics capabilities.
“Jon is an excellent addition to the Gridiron team,” said Tom Burger, a co-founder and managing partner at Gridiron. “We look forward to having his experience and perspective as he expands Gridiron’s capabilities in leadership, brand building and strategic marketing.”
“Jon’s contagious energy and enthusiasm for leading innovation at scale will be an excellent fit and aligns well with our culture of Winning Together,” said Kevin Jackson, a managing partner at Gridiron. “Jon’s proven leadership experience across direct-to-consumer branded products and services will enhance the continued growth of Gridiron and provide broader resources to our partnership companies.”
Gridiron invests in manufacturing, service, and specialty consumer companies with enterprise values from $75 million to $575 million and EBITDA from $8 million to $50 million. Sectors of interest include branded consumer, business-to-business and business-to-consumer services, and niche industrial.
New Canaan, Connecticut-based Gridiron held a hard-cap and oversubscribed closing of its largest fund, Gridiron Capital Fund IV LP, in December 2020 with $1.35 billion of capital.
© 2021 Private Equity Professional | July 7, 2021