Andrew Shea has joined GenNx360 Capital Partners as a managing partner. He previously was a principal with Allied Capital. GenNx360 focuses on underperforming industrial business-to-business companies with $250 million to $1 billion in revenue.
GenNx360 Capital Partners, a private equity firm focused on underperforming industrial business-to-business companies with $250 million to $1 billion in revenues, announced today that W. Andrew (“Drew”) Shea, an attorney with nearly two decades of investment banking and private equity experience, has joined the firm as a managing partner.
Mr. Shea, 43, has successfully invested more than $1 billion in a diverse group of middle market businesses including the nation’s fourth largest window manufacturer, a prominent protective equipment manufacturer, and a large oilfield services company. He most recently served as a principal of New York-based Allied Capital Corporation where he managed multiple deal teams in the firm’s New York office. Prior to that, he served as a partner at Ardshiel, Inc. and a principal at Lincolnshire Management, Inc. executing investments for the firm’s $315 million Lincolnshire Equity Fund II, L.P. Mr. Shea also held senior positions at Merrill Lynch & Co.; Inverness Management, LLC; and Bear Stearns Companies, Inc.
“Drew has an extremely impressive track record executing successful mergers and acquisitions that result in substantial savings and yield significant returns, and he is a valuable addition to our senior management team,” said Ronald Blaylock, a GenNx360 founder and managing partner.
Mr. Shea is a former board member of Atrium Inc., Riddell Sports Group, and 3SI Securities Systems. He holds a JD and BA in history from Georgetown University; he became a member of the New York State Bar Association in 1993.
About GenNx360 Capital Partners
New York-based GenNx360 Capital Partners is committed to delivering superior returns to investors in all its portfolio companies. The firm acquires companies with proven and sustainable business models in expanding industries and implements the required operating changes to deliver cost efficiencies and grow reinvestment opportunities. The firm’s proven business methodology is based on more than 100 years of partner experience successfully running global businesses. For more information visit, www.gennx360.com.