Gridiron Adds New Managing Director

Gridiron Capital has appointed Steve Lamb as a managing director. Mr. Lamb most recently held the same title at Avance Investment Management, where he led investments in business and technology services while also shaping the firm’s thematic sourcing strategy and talent development.

Prior to his time at Avance, Mr. Lamb served as a managing director at MSD Partners, overseeing North American investments and participating on the board of West Monroe Partners. He was earlier a principal at Court Square Capital Partners, where he focused on thematic investing and supported portfolio company growth while contributing to firmwide recruiting.

“I’m honored to join the Gridiron team, a thematically disciplined firm with a strong reputation for operational excellence and a people-first culture,” said Mr. Lamb. “I’m looking forward to applying my experience to support the growth of both our current and future portfolio companies.”

“Steve is an excellent addition to Gridiron’s investment team. His breadth of experience within the business services sector, combined with his expertise with tech-enabled business models, aligns well with our investment focus,” said Tom Burger, co-founder and managing partner. “We’re looking forward to collaborating with him to support our portfolio companies and Gridiron’s long-term growth.”

“We’re thrilled to have Steve on the Gridiron team. His experience as a thematically driven investor complements our playbook for sourcing compelling platform opportunities, and his history of investing in and helping to build leading middle-market businesses will be instrumental as we continue to strive for outperformance for our limited partners,” said Kevin Jackson, managing partner.

Gridiron Capital invests in companies with enterprise values between $75 million and $600 million and EBITDA from $10 million to $60 million. The firm’s sectors of interest include business services, consumer products and services, and industrial growth. Gridiron is currently investing from its fifth fund, which closed above target in October 2023 with $2.1 billion in capital. Fund V is Gridiron’s largest fund to date, significantly surpassing its fourth fund, which closed in December 2020 with $1.35 billion.