Chicago-based Svoboda Capital Partners has promoted David Rubin to managing director.
“We are very proud of David’s accomplishments and are excited to reward him with this much-deserved promotion,” said John Svoboda, a co-founder and managing director at Svoboda Capital. “David has played a key role in sourcing and managing new investments for us over the past few years, and he adds significant value, both to our portfolio companies and in mentoring our Svoboda Capital team.”
Before joining Svoboda in January 2015 as a vice president, Mr. Rubin was an associate at Stone Arch Capital and an investment banking analyst at Harris Williams & Co. Mr. Rubin has his undergraduate degree in finance from George Washington University and his MBA from Northwestern University.
Recently, Svoboda has been actively building and promoting its team. Just last month, the firm added John Simpson as a partner and managing director. Prior to joining Svoboda, Mr. Simpson was the co-founder and CEO of One North Interactive, a digital marketing agency that Svoboda acquired in May 2016 and sold to TEKsystems in December 2018. Back in 2012, Mr. Simpson led the management buyout of Hubbard One from Thomson Reuters to create One North.
At Svoboda, Mr. Simpson will be active in assisting the firm’s portfolio companies with business and sales strategy, as well as sourcing, evaluating and leading new investment opportunities.
“Like our Operating Partners Andy Albert and Tom Brooker that have previously served as CEOs of businesses, John’s leadership as CEO of One North Interactive during our “investment partnership” together highlighted his great leadership ability and superb knowledge of digital services, strategy and software,” said Mr. Svoboda. “John’s addition solidifies our significant and growing reputation in the digital services niche.”
Mr. Simpson began his career at Accenture and has his undergraduate degree from Vanderbilt University and his MBA from Northwestern University.
Svoboda Capital invests from $10 million to $20 million in business services, value-added distribution, and consumer products companies that have revenues from $10 million to $100 million and EBITDAs from $3 million to $15 million. The Chicago-based firm was founded in 1998 and has over $400 million of capital under management.
© 2021 Private Equity Professional | July 13, 2021