Van Walbridge and Walter Stasik have joined Blue Wolf Capital as operating partners, while Andrew Schwartz has joined as an associate. Walbridge is the former CEO of specialty vehicle maker Mobile Tool International. Stasik is CEO of capital goods manufacturer Genesis Worldwide II, while Schwartz was withy JPMorgan Securities. Blue Wolf also has formed a strategic advisory board. .
Blue Wolf Capital Management LLC (“Blue Wolf”), the New York-based private equity firm, today announced seven additions to its investment team, effective immediately. Van Walbridge, former Chief Executive Officer of Mobile Tool International, a specialty vehicle manufacturer, and Walter Stasik, Chief Executive Officer of Genesis Worldwide II, Inc., a capital goods manufacturer, have joined Blue Wolf as operating partners; Andrew Schwartz, formerly of J.P. Morgan Securities, has joined the firm as an associate; and the firm has formed a Strategic Advisory Board, which will be led by four individuals with experience in business, restructuring, government and labor.
“This is an exciting time at Blue Wolf, and these additions underscore the highly successful year we had in 2007,” said Adam Blumenthal, Managing General Partner of Blue Wolf. “Blue Wolf creates value by working in situations that others pass up, by resolving complex situations involving government, labor, or financial and operating distress. The Blue Wolf team