Argand Partners has promoted Joseph Del Toro to partner. Del Toro is a former chief financial officer at Novitex Enterprise Solutions, Undertone and The Topps Company.
Argand Partners, the New York and San Francisco-based middle market buyout firm, is pleased to announce the promotion of Joseph Del Toro to Partner.
Mr. Del Toro brings a wealth of experience across finance and accounting and works closely with Argand’s portfolio company management teams to enhance the companies’ infrastructures and help drive strategic business decisions.
“Joe has been instrumental both in building Argand and in driving improvements in our portfolio companies. We are thrilled to recognize his valuable contributions to the firm as Chief Financial Officer and Director of Portfolio Operations and welcome him to the partnership,” remarked Heather Faust, Partner and Managing Director. Mr. Del Toro has many years of experience working in private equity and private equity-backed companies having previously served as Chief Financial Officer of Novitex Enterprise Solutions, Undertone, and The Topps Company. Mr. Del Toro currently serves on the Board of Directors of Sigma Electric Manufacturing Corporation. Mr. Del Toro holds a Bachelor of Arts in Economics-Mathematics with a Concentration in Mathematics from Columbia University and holds an M.B.A. from the Harvard Business School.
ABOUT ARGAND PARTNERS
Argand is a New York‐and San Francisco‐based middle market buyout firm founded in 2015 by long‐time colleagues, Heather Faust, Howard D. Morgan, and Tariq Osman. Argand is a growth‐oriented, control investor focused on complex, often contrarian, situations that involve solid, market‐leading industrial and industrial‐oriented consumer and energy businesses, often with significant global operations and expansion opportunities. Argand has more than $780 million in AUM, which includes $230 million available to invest through a special purpose acquisition company. Argand’s portfolio includes Sigma Electric Manufacturing Corp., Brintons Carpets Ltd., Oase Living Water GmbH, and Industrea Acquisition Corp.
The Argand team has a disciplined approach of investing in businesses that have the potential for transformational value creation through the implementation of managerial, operating, and strategic initiatives. Argand focuses on investments into manufacturers and service providers, where the team has deep sector experience and can leverage its senior executive advisory network to drive the rapid execution of an investment thesis.
Further information on Argand can be found on the website: www.argandequity.com.