Branford Castle Partners has announced that Eric Korsten is rejoining the firm as a senior managing director and investment committee member.
Mr. Korsten has been active in private equity for nearly 20 years and has experience identifying, investing in, advising and growing middle-market companies. Mr. Korsten joined Branford Castle in September 2011 and left to join Soundcore Capital as a partner in March 2022. He left Soundcore in March 2023 and joined Argand Partners as a managing director.
“Eric is a proven leader in private equity, and we are delighted that he has returned to Branford,” said John Castle, the president and CEO of Branford Castle. “We welcome Eric back with open arms and look forward to working closely with him.”
When asked for the reason for his return to Branford Castle, Mr. Korsten said, “I like the people whom I have known for decades. I like the work environment, which is always warm, welcoming, and focused on outstanding investment performance. And, most of all, I have long admired and respected the firm’s high standards of professional excellence. In short, I’m very happy to be home again.”
Branford Castle invests in companies that have enterprise values of up to $100 million and EBITDA of less than $15 million. Sectors of interest include industrials and specialty manufacturing, consumer products and services, commercial distribution, business services, and logistics.
The firm was founded in 1986 and for the past 16 years has been led by President and CEO John S. Castle and Managing Partner David Castle. In addition to its New York City headquarters, the firm also has an office in Boca Raton, Florida.
© 2024 Private Equity Professional | May 21, 2024
