Andrew Bonnano has joined Kohlberg & Co. as managing director of business development. He previously was VP of business development for American Capital’s New York-based buyouts team.
Kohlberg & Company, L.L.C. today announced that Andrew P. Bonanno has joined the firm as Managing Director of Business Development. Mr. Bonanno, who will be based in the Firm`s Mt. Kisco office, had most recently served as Vice President of Business Development for American Capital`s (NASDAQ: ACAS) New York-based Buyouts team. In his new role, Mr. Bonanno will primarily be responsible for building relationships with the Firm`s external deal sources, as well as developing and leading Kohlberg`s proprietary investment sourcing programs.
Mr. Bonanno brings more than 14 years of principal investment experience. In his previous capacity at ACAS, Mr. Bonanno spearheaded the N.Y. Buyouts team`s go-to-market strategy and relationship management efforts. Prior to this appointment, Mr. Bonanno was at GE Capital, the finance arm of General Electric (NYSE: GE), with most of his tenure being spent at GE Equity, GE Capital`s private equity group. Over his time at GE Equity, Mr. Bonanno led venture capital, growth, buyouts and distressed debt investments in various industries, including Industrial, TMT, Consumer and Business Services.
About Kohlberg & Company
Kohlberg & Company, L.L.C. is a leading U.S. private equity firm which acquires “middle market” companies (valued from $100 to $500 million). Since its inception in 1987, the firm has organized six private equity funds, through which it has raised $3.7 billion of committed capital. The firm`s objective has been to realize substantial capital gains through control investments in a diversified portfolio of companies. The firm has completed approximately 100 platform and add-on acquisitions with an aggregate value of more than $6 billion. Kohlberg & Company invests in companies where it can work in partnership with senior management to identify growth opportunities and implement fundamental operating and strategic changes, resulting in substantial increases in revenue and cash flow. The firm`s use of moderate amounts of debt financing in acquiring companies affords them the financial flexibility necessary to attain these corporate objectives.