CenterOak Partners Adds Three to Team
- CenterOak Partners, LLC, a Dallas-based private equity firm focused on making control-oriented investments in middle market companies, today announced it has hired three new professionals. Joining the firm are Ben Adams, Vice President; Carrie Calhoun, Senior Associate of Business Development and Investor Relations; and Josh Weaver, Associate.
With these hires, the staff at CenterOak now totals 22 individuals, including 13 members of the investment team and three operating partners.
"Ben, Carrie and Josh each bring valuable experience and an impressive track record, whether working in an investment capacity, business development, investor relations or developing expertise in a particular industry or sector," said CenterOak Managing Partner Randall Fojtasek. "We're looking forward to working with them and believe they will each make a considerable contribution to our team."
Mr. Adams serves as a Vice President and actively supports all aspects of the firm's investment and monitoring activities. Prior to joining CenterOak, Mr. Adams held positions at Intuit, Lindsay Goldberg, TPG Capital, and Morgan Stanley.
Ms. Calhoun serves as a Senior Associate of Business Development and Investor Relations and actively supports the firm's investment sourcing activities and relationships with its Limited Partners. Prior to joining CenterOak, Ms. Calhoun held positions at NGP Energy Capital Management and Credit Suisse.
Mr. Weaver serves as an Associate and actively supports all aspects of the firm's investment and monitoring activities. Prior to joining CenterOak, Mr. Weaver served as an Analyst at Wells Fargo Securities.
CenterOak was launched in September 2014 by Mr. Fojtasek, former Co-Founder and Co-Chief Executive Officer of Brazos Private Equity Partners, LLC. He leads the firm alongside former Brazos senior executives Michael Salim, Lucas Cutler, Jason Sutherland and William Henry. CenterOak's senior leadership team has worked together over 12 years and has more than 110 years of combined industry expertise. CenterOak Equity Fund I, L.P. closed at its hard cap of $420 million.
CenterOak invests approximately $20 million to $90 million of equity per transaction and specializes in buyouts and recapitalizations of closely held or family-owned businesses, non-core subsidiaries of larger public or private companies, and buy-and-build opportunities backing proven executives.
About CenterOak Partners, LLC
CenterOak Partners LLC is a private equity firm with a focus on making control-oriented investments in middle market companies organized or operating in the U.S. The firm specializes in three key industry sectors: Industrial Growth, Consumer, and Business Services. Based in Dallas, Texas, the investment and portfolio management team has a strong historical track record of creating significant value through operational improvement in middle market companies across the U.S. CenterOak's senior leaders and their predecessor funds have managed over $1.8 billion of equity capital commitments and have completed over 100 acquisitions representing more than $3.2 billion in transaction value. For additional information, please visit www.centeroakpartners.com.