GenNx360 Capital Partners has added Jordan Buxton-Punch to its team as the firm’s new director of business development.
In his new position, Mr. Buxton-Punch, who has more than eight years of origination experience, will manage all aspects of the firm’s origination process for both new platforms and add-on acquisitions.
Prior to joining GenNx360, Mr. Buxton-Punch was the director of business development for Live Chair, a healthcare-related engagement platform and venture capital-funded start up. Earlier, he was a senior vice president at Nightingale Partners, a healthcare focused private investment firm. Before Nightingale Partners, Mr. Buxton-Punch was an investment professional with Growth Opportunity Partners and Cyprium Investment Partners and an investment banker with Wells Fargo Securities and Greif & Co. Mr. Buxton-Punch has his undergraduate degree in political science from Yale University.
“Jordan joins us with a profound understanding of the private equity landscape. We are confident that he will play a pivotal role in building on our strong existing relationships with founders, entrepreneurs and leading advisors across the industry, propelling our acquisition strategies to new heights and further solidifying our position,” said Rishi Verma, a principal at GenNx360.
“GenNx360’s commitment to institutional integrity, close collaboration, and forming genuine partnerships with its portfolio management teams and its investors aligns seamlessly with my values,” said Mr. Buxton-Punch. “I look forward to being a part of a company that prioritizes overall investment excellence and am eager to contribute to our continued success in these endeavors.”
GenNx360 invests from $25 million to $100 million in North America-based companies that have revenues from $50 million to $500 million and EBITDA from $5 million to $35 million. Sectors of interest include business-to-business services and manufacturing.
Earlier this week, GenNx360 added on to its Whitsons Culinary platform, acquired in September 2021, with the acquisition of Fresh Picks Café. The buy of Fresh Picks is the second add-on acquisition for Whitsons following the buy of Pennsylvania-based Lintons Food Service Management in August 2022.
New Hampshire-headquartered Fresh Picks provides outsourced food service management to more than 50 public K-12 schools and summer camps in New Hampshire, Vermont, Massachusetts and Connecticut.
Headquartered on Long Island, Whitsons is a provider of school nutrition, residential and healthcare dining, prepared meals, corporate dining and emergency dining, with capabilities ranging from consulting services to complete, onsite turnkey services. Whitsons was founded in 1979 and, according to Food Management Magazine, is the 16th largest food service management company, ranking among the largest K-12 food service operators in the United States.
Since its founding in 2006, New York City-headquartered GenNx360 has acquired 28 platforms and 74 add-on acquisitions.
© 2024 Private Equity Professional | March 1, 2024
