Linsalata Capital Partners has added Brian Redpath as managing director and Mike Anderson as vice president at the firm. This summer, the firm raised $427 million for its seventh buyout fund, Linsalata Capital Partners Fund VI, L.P. exceeding its target of $425 million.
Linsalata Capital Partners is pleased to announce the additions of Brian Redpath as Managing Director and Mike Anderson as Vice President at the firm. Their hiring reinforces LinCap’s foundation of bringing deep operational support to its portfolio companies. Half of LinCap’s partners have held positions of significant P&L responsibility earlier in their careers, bringing value-added support to our management teams.
The appointment of Mr. Redpath and formation of the firm’s Operations Support Group institutionalizes operating expertise within the firm. Mr. Redpath will head the Group as well as oversee specific portfolio investments. The Operations Support Group stands as a resource to offer state-of-the-art operating techniques to our companies and oversight teams. It also solidifies the firm’s abilities to take on select underperforming investments that require greater operational support from the onset. Mr. Redpath started working with LinCap as Senior Vice President for Operations at Care-Free Windows from 1996-1998. He then held several operating positions at Cardinal Glass before leaving in 2001 to lead a buy-out and turnaround of Alenco Windows. When the turnaround of Alenco was complete, he partnered with LinCap to lead the company through a growth phase and eventual exit to PlyGem Corporation in 2006. Since that time he has provided diligence support to the firm and operational and leadership consulting to several of LinCap’s portfolio companies.
Mike Anderson started his career at Alenco Windows in 1993. He moved to Care-Free Windows as General Manager of Care-Free’s North Carolina plant in 1998. In 2001, he rejoined Mr. Redpath as part of the Alenco Windows turnaround team. In 2005, Mr. Anderson accepted responsibility for Alenco’s western expansion with a new plant in Arizona, which he ran until 2009. Thereafter, he has worked with Mr. Redpath on operational consulting projects including four assignments at LinCap companies.
Stephen Perry, Co-President of Linsalata Capital Partners commented: “This is a substantial investment on the part of the firm to provide additional value-add to our investments and professionals. Brian and Mike have proven through multiple assignments that they have an effective approach to working with our management teams to help them initiate or accelerate operational improvements that are increasingly important to generate distinctive equity returns.” Eric Bacon, Co-President, added: “The management teams that they have worked with have universally embraced transformational changes that were developed with the help of Brian and Mike.”
About Linsalata Capital Partners
Linsalata Capital Partners, located in the Cleveland, Ohio suburb of Mayfield Heights, was founded in 1984 and has combined its strong financial capabilities with extensive operational experience to accelerate the growth of middle market companies. In its more than 28 years of investing, the firm has completed 100 buy-side transactions totaling more than $3 billion. Linsalata Capital Partners is currently investing from its recently raised fund, Linsalata Capital Partners Fund VI, L.P. (“LinCap VI”), with $427 million in committed equity capital.