Fulcrum Equity Adds Partner

Fulcrum Equity Adds Partner

Jim Douglass has joined Fulcrum Equity as a Partner. In his new role, Mr. Douglass will work with Fulcrum’s existing portfolio companies and will also be tasked with sourcing new investment opportunities.

“We’ve known Jim for over 20 years and have enjoyed watching his career develop and blossom,” said Fulcrum Founding Partner Jeff Muir. “We place a strong emphasis on surrounding ourselves and our companies with individuals of the highest caliber, and we’re certain that Jim will be a tremendous addition to our team.”

Mr. Douglass has more than 25 years of operations management, development and financial experience with companies in the financial services, marketing services and healthcare industries. He was most recently CEO of Vesdia, a provider of card-linked marketing programs for financial services, airline and hospitality companies. Vesdia merged with Cartera Commerce in January 2011. Mr. Douglass still serves on Cartera’s board of directors. Prior to his time at Vesdia, he served as CEO of Visionary Systems, a provider of decision systems for credit providers and retailers that was acquired by Trans Union in 2004. Mr. Douglass also served as CFO at CheckFree Corporation. He began his career with KPMG in its financial services practice.

“I’m excited to be joining Fulcrum – they’ve built a strong reputation as high quality, value-added investors,” said Mr. Douglass. “The substantial operating experience of both the partners and investor group makes Fulcrum the standout choice for many entrepreneurs.”

Fulcrum Equity Partners invests from $1 million to $5 million in companies that have revenues of $2 million to $75 million and are based in the Southeast. Sectors of interest include healthcare, information technology and technology-enabled operating companies. In February, Fulcrum closed its second fund, Fulcrum Growth Fund II, with capital commitments in excess of $93 million, surpassing its target of $75 million. Fulcrum has $140 million in capital under management and is based in Atlanta (www.fulcrumep.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 6-28-13

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