The Halifax Group has hired Tom Cassidy as a vice president. In his new position, he will be active identifying and evaluating investment opportunities, monitoring portfolio companies, and executing new transactions.
Mr. Cassidy most recently was as a vice president at High Road Capital Partners, also serving in other roles over his six-year career at the firm. At High Road, he specialized in the manufacturing, industrial services and business services industries, assisting portfolio companies in due diligence and growth planning for platform acquisitions, add-ons and exits.
“We are pleased to welcome Tom to Halifax,” said Scott Plumridge, a managing partner at Halifax. “His extensive transaction and finance background, his investment acumen, and his experience as a board member for several businesses will prove immediately applicable to Halifax’s strategy of building better lower middle-market businesses. We look forward to benefitting from Tom’s unique perspective and energy as a valuable contributor to our team.”
Prior to High Road, Mr. Cassidy was an investment banking analyst in the leveraged finance group of Société Générale. After graduating from Villanova University with a bachelor’s degree in business administration, Mr. Cassidy began his career as an equity research associate at Wolfe Research.
The Halifax Group invests from $40 million to $80 million of equity in companies with EBITDA from $8 million to $30 million and enterprise values from $50 million to $300 million. Sectors of interest include health and wellness, outsourced business services, and franchising. The firm is headquartered in Washington DC with an additional office in Raleigh, North Carolina.
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