Brentwood taps Austin Ventures GP for MD role


Brentwood Associates has hired Craig Milius as managing director. Previously, Milius was a general partner at Austin Ventures.

PRESS RELEASE

LOS ANGELES–(BUSINESS WIRE)–Brentwood Associates announced the addition of Craig Milius as Managing Director. A veteran investor with nearly two decades of experience in growth private equity, his investment and transaction experience covers a diverse group of business and information services industries.

Milius formerly served as a General Partner at Austin Ventures (“AV”), a growth-focused private equity firm with $3.9 billion assets under management, where he spent 11 years helping launch and build its Growth Equity practice, in addition to serving on its Investment and Operating Committees. During his tenure at AV, Milius pursued growth equity and buyout investments by partnering with exceptional founders and CEOs to build leading, highly profitable companies such as Asset International, CreditCards.com, HomeAway, Newgistics and ReTrans through a combination of strong organic growth initiatives, operational improvements and strategic acquisitions.

Prior to joining AV, Milius was an investment professional with Primus Capital, a Cleveland-based private equity firm, and worked for the Investment Banking division of Salomon Brothers Inc. Milius earned an MBA from the Kellogg School of Management at Northwestern University and a BBA with Distinction from the Ross School of Business at the University of Michigan.

“We are delighted to welcome Craig, who is an exceptional cultural fit with an extensive track record of success and leadership that will help drive our portfolio and overall firm,” said Bill Barnum, a Partner at Brentwood Associates. “We have evaluated a number of new investment opportunities with Craig over the years, and his deep insights in the business and information services sectors will be instrumental in growing our portfolio in these areas.”

Milius commented, “I have known the Brentwood team for many years and I admire the firm’s achievements and the differentiated business model Brentwood has built. Brentwood’s specialized and operationally-oriented strategies for growing category-defining companies and brands are especially appealing to me. Most importantly, their partnership-oriented and data-driven approach has led to a premium reputation with entrepreneurs and management teams. I am excited by the opportunity to join the team and help continue to build a world-class firm.”

ABOUT BRENTWOOD ASSOCIATES
Brentwood Associates is a leading consumer-focused private equity investment firm with a 30-year history of investing in leading middle-market growth companies. Brentwood focuses on investments in growing businesses where it is able to leverage its extensive experience in areas such as: branded consumer products; multi-location strategies; direct-to-customer marketing, including direct mail and e-commerce; niche brands with specialty distribution; education; healthcare; and business services. Since 1984, Brentwood’s dedicated private equity team has invested in 51 portfolio companies with an aggregate transaction value of over $6 billion. With significant experience in both investing and brand building, Brentwood is a value-added partner with entrepreneurs and senior management teams building world-class companies. For more information about Brentwood, please visit www.brentwood.com.

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