Blue Point Capital Partners has named Jonathan Pressnell to partner. Also, the firm has upped Evan Cottington to vice president and Bobby Grebenc to senior associate.
CLEVELAND / January 19, 2021 / Blue Point Capital Partners (“Blue Point”) announced today three promotions across its investment team: Jonathan Pressnell to Partner, Evan Cottington to Vice President and Bobby Grebenc to Senior Associate.
As members of Blue Point’s investment team, all three play an integral role in the Firm’s investment sourcing, diligence, monitoring and value creation efforts.
Pressnell, who has been promoted to Partner, has twelve years of investing experience, nine of which have been at Blue Point. During this time, he has been instrumental in deal sourcing, execution and driving value creation at several of the Firm’s portfolio companies. He has also played an important role in many firm-wide initiatives over the years, most recently spearheading the Firm’s COVID-19 response and creation of a specialized task force aimed at serving the portfolio businesses. His demonstrated ability to identify and execute successful transactions in addition to leading various internal initiatives have made a meaningful impact to the Firm and its investors. Blue Point is proud to recognize his achievements to date and the contributions he undoubtedly will provide in the future as a partner.
Cottington has been promoted to Vice President. He has been in private equity since 2015 and with the Firm since 2017. During his time with Blue Point, he has taken on increasing responsibilities in deal execution and portfolio management.
Grebenc has been with the Firm since 2017 and has been promoted to Senior Associate. He has developed a strong skillset in deal evaluation, analysis and execution and provides exceptional leverage to deal teams.
Blue Point looks forward to the ongoing contributions and continued growth of these esteemed deal team members who provide meaningful leverage in driving value throughout the organization and helping to build great companies.
Blue Point Capital Partners is a private equity firm managing over $1.5 billion in committed capital. With offices in Cleveland, Charlotte, Seattle and Shanghai, Blue Point’s geographical footprint allows it to establish relationships with local and regional entrepreneurs and advisors, while providing the perspectives and resources of a global organization. Blue Point has over a two-decade history of partnering with lower middle-market businesses to build processes and capabilities to achieve dramatic growth. The Firm focuses on opportunities where it can leverage its collective experience, extensive network of operating resources and unique toolkit, which includes supply chain / Asian capabilities, data and digital strategies, human capital strategy and focused add-on acquisition efforts. Blue Point typically invests in businesses that generate between $25 million and $300 million in revenue.