CenterOak Partners LLC said Wednesday that it has hired three professionals: Jeff Moredock, Vice President; Megan Kneipp, Vice President for Business Development and Investor Relations; and, Casey Gribble, Associate. CenterOak is a Dallas private equity firm that invests in middle market companies.
DALLAS – March 25, 2015 – CenterOak Partners, LLC (“CenterOak” or the “Firm”), a Dallas-based private equity firm focused on making control-oriented investments in middle market companies, today announced it has hired three professionals. With these hires, the team numbers 21 individuals, including 12 members of the investment and operations team and three operating partners.
Joining the firm are Jeff Moredock, Vice President; Megan Kneipp, Vice President for Business Development and Investor Relations; and Casey Gribble, Associate.
“We are pleased to round out our team with the hiring of Jeff, Megan and Casey, accomplished individuals with strong financial services backgrounds,” said CenterOak Managing Partner Randall Fojtasek. “They are joining an experienced and successful team, many of whom have worked together for more than a decade.”
Mr. Moredock will serve as a Vice President of CenterOak and will actively support all aspects of the Firm’s investment and monitoring activities. Prior to CenterOak, Mr. Moredock served as an Associate with Brazos Private Equity Partners and as an Analyst in the Investment Banking Division of Deutsche Bank. Mr. Moredock received a Bachelor of Arts degree from Vanderbilt University. He will join CenterOak in June 2015 after receiving his MBA from Harvard Business School.
Ms. Kneipp serves as the Firm’s Vice President for Business Development and Investor Relations. Prior to CenterOak, Ms. Kneipp served as an Associate in the Private Bank at Credit Suisse, where she focused on capital raising and investment management. Previously, Ms. Kneipp was an Associate in Brokerage Services at Direct Development in Dallas. Ms. Kneipp received a Master of Business Administration with honors from Southern Methodist University and a Bachelor of Arts degree from the University of Texas.
Ms. Gribble will serve as an Associate with CenterOak and will actively support all aspects of the Firm’s investment and monitoring activities. Prior to CenterOak, Ms. Gribble served as an Analyst in the Investment Banking Group at Credit Suisse in Houston. She will join CenterOak in June 2015. Ms. Gribble received a Bachelor of Business Administration degree from the University of Texas.
CenterOak was launched in September 2014 by Mr. Fojtasek, former Co-Founder and Co-Chief Executive Officer of Brazos Private Equity Partners, LLC (“Brazos”). He leads the Firm alongside former Brazos senior executives Michael Salim, Lucas Cutler, Jason Sutherland and William Henry. CenterOak’s senior leadership team has worked together approximately 12 years and has more than 110 years of combined industry expertise having acquired, sold and recapped more than $3 billion of investments across 11 platform companies and dozens of add-on acquisitions.
CenterOak is focused on investing approximately $20 million to $50 million of equity capital per transaction in middle market companies with high potential for long-term growth. The Firm invests in buyouts and recapitalizations of middle market companies, such as closely held or family-owned businesses, non-core subsidiaries of larger public or private companies, and buy-and-build opportunities with proven executives. CenterOak seeks to construct a diversified portfolio of platform investments across three key industry sectors: Industrial Growth, Consumer and Business Services.
About CenterOak Partners, LLC
CenterOak Partners, LLC is a private equity firm with a focus on making control-oriented investments in middle market companies organized and/or operating in the U.S. The Firm specializes on three key industry sectors: Industrial Growth, Consumer and Business Services. Based in Dallas, Texas, the investment and portfolio management team has a strong historical track record of creating significant value through operational improvement in middle market companies across the U.S., with a focus in the Southwest and South. For additional information, please visit www.centeroakpartners.com.