Chicago-based Cressey & Co, a healthcare-focused private equity firm, has promoted two longtime employees to partner and another to principal. Merrick Axel, one of Cressey’s newest partners, joined the company in 2005. David Schuppan, the firm’s second new partner, has been with the company since 1999. Dave Rogero, its newly appointed principal, has worked for Cressey since 2002.
Cressey & Company, a leading healthcare private equity firm, today announced promotions for three team members in its Chicago office. Merrick Axel and David Schuppan were each promoted to Partner, and Dave Rogero was promoted to Principal.
Mr. Axel joined Cressey & Company in 2005 and is responsible for acquisitions, divestitures and oversight of portfolio companies. He has twelve years of private equity experience. Mr. Axel earned a BA from Duke University (with honors), and an MBA from Harvard Business School.
Mr. Schuppan is also responsible for acquisitions, divestitures and oversight of portfolio companies. He has worked with the Cressey & Company team since 1999 when he joined Thoma Cressey Equity Partners as an Associate, rejoining the firm in 2004 after graduate school. Mr. Schuppan has eleven years of private equity experience. He earned a BS, summa cum laude, from Indiana University, and an MBA from the Wharton School at the University of Pennsylvania.
Mr. Rogero is responsible for evaluating and executing investment opportunities as well as monitoring portfolio companies. He has nine years of private equity experience and has worked with the Cressey & Company team since 2002. Mr. Rogero earned a BBA, summa cum laude, from the University of Notre Dame, and an MBA from Harvard Business School.
In announcing the promotions, Cressey & Company partner Bryan Cressey noted: “As a firm, we take pride in our team-based approach to investing. We are pleased to announce promotions for these three colleagues, each of whom made significant contributions to our team in their prior roles, and who will assume even greater responsibility going forward.”
About Cressey & Company
Cressey & Company, with offices in Chicago and Nashville, is a private investment firm focused singularly on the healthcare industry. The principals of the firm have been active healthcare investors for three decades and have invested in a wide range of healthcare businesses. Cressey & Company seeks to invest in high-potential segments of the U.S. healthcare market and apply its skills and expertise – along with its capital – to enhance the performance and accelerate the growth of its investment partnerships. More information about Cressey & Company is available at www.cresseyco.com.