Palladium Creates Position, Hires Business Development Director

Palladium Creates Position, Hires Business Development Director

Meahgan O’Grady joins Palladium from KPS

Palladium Equity has added Meahgan O’Grady to its team as Director of Business Development, a newly-created position.

Through her past work experience, Ms. O’Grady brings to Palladium numerous relationships across multiple channels, including development teams of both public and private corporations, investment banks and proprietary sources including entrepreneurs, industry executives, advisors and private wealth managers. Before joining Palladium, Ms. O’Grady was vice president of business development at KPS Capital Partners where she focused on mid-cap transactions. Previously, she was the head of originations at Long Point Capital from 2017 to 2020.

Earlier in her career, she was a senior associate at Goldman Sachs and a senior analyst with Ernst and Young. Ms. O’Grady has her MBA from Duke University and her undergraduate degree from William and Mary.

Ms. O’Grady will work with all of Palladium’s transaction teams on sourcing and origination and she reports to Partner Leon Brujis.

“We’ve had a very busy first half of 2021. As we look to the future and continue to build on this momentum, we are thrilled that Meahgan has joined our team,” said Mr. Brujis. “She brings to Palladium a wealth of proven origination and deal sourcing strategies, insights and experience, particularly in the mid-market, our sweet spot. We are confident that, in working with our deal teams, she will help us continue to identify exciting new opportunities where we will seek to deliver strong outcomes to our limited partner community and our other important stakeholders.”

“As one of the nation’s oldest and largest minority-owned private equity firms, Palladium serves as a model for the future of the industry. I am very excited to be joining this exceptional firm,” said Ms. O’Grady. “Deal sourcing is one of the most important and critical foundations of a successful private equity firm. I have been impressed by Palladium’s practice. I look forward to helping the firm employ the latest strategies to build on their strong origination practice.”

New York City-based Palladium invests from $50 million to $150 million of equity in companies that have $10 million to $75 million of EBITDA. Sectors of interest include consumer, services, industrials and healthcare, and Palladium specializes in investing in companies that operate in the US Hispanic market. Since its founding in 1997, Palladium has made 36 platform investments and 140 add-on acquisitions.

© 2021 Private Equity Professional | June 22, 2021

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