Arsenal Capital Partners has added Michael Huff to its team of operating partners. Mr. Huff’s prior experience includes senior operating positions with large public companies, as well as serving as CEO for private equity owned Citadel Plastics.
Mr. Huff will work within Arsenal’s specialty industrials group and is the firm’s 12th Operating Partner. “Arsenal has built a diverse and dedicated team of world-class operating resources to help us grow our portfolio companies globally and we believe that Mike is an outstanding operating executive who will be able to apply the experience he has attained over the past 35 years to our current and new investments,” said John Televantos, a Partner who co-heads Arsenal’s Specialty Industrials group.
Mr. Huff has been with Citadel Plastics since 2008, most recently as President and CEO for the past five years. In June 2015, HGGC (formerly Huntsman Gay Global Capital) and Charlesbank Capital Partners sold Citadel Plastics to strategic buyer A. Schulman. Prior to his time at Citadel, Mr. Huff was with Johns Manville from 2003 to 2007 as a Vice President, Operations and more recently as VP/General Manager. From 1982 to 2003 he served in increasing operational capacities for GE Plastics.
Arsenal Capital Partners invests in middle-market specialty industrial and healthcare companies that have $50 million to $250 million in enterprise value. Industries of specific interest include specialty & fine chemicals; segments of healthcare; transportation and logistics; power generation; aerospace & defense; and process industry components and services. Arsenal has $1.7 billion of committed capital under management. The firm was founded in 2000 and has offices in New York and Shanghai (www.arsenalcapital.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-28-15