FC Crestone hires new partner for team

FC Crestone has named Michael J. Houy as a partner and member of its investment committee. Previously, Houy worked at KPS Capital Partners where he was an investment professional.

PRESS RELEASE

January 10, 2018 (Denver, CO) – FC Crestone, LLC (“FCC”), a Denver-based private investment firm, is pleased to announce that Michael J. Houy has joined the firm as a Partner and Investment Committee member. Michael’s responsibilities will include sourcing, analyzing, structuring, and managing portfolio investments for the firm.

Michael joins FCC with over 10 years of direct investing experience. Prior to joining FCC, Michael was an investment professional at KPS Capital Partners, LP. At KPS, Michael’s responsibilities included identifying, evaluating, and executing control investments. Michael began his career at JPMorgan Securities, Inc. Michael graduated from the University of Massachusetts with a B.B.A. in Finance.

“We are very excited to welcome Michael to this next chapter of FC Crestone,” said Rich Horrigan, Partner and Co-founder. “Michael will immediately add value to our company and positively impact our investment strategy. He brings a wealth of experience to our corner of the lower middle market.”

About FC Crestone, LLC

FC Crestone, LLC (www.fccrestone.com) is an operationally focused private investment firm investing in lower middle market businesses. FCC partners with strong management teams to create significant value through materially improving operations and supporting organic and strategic growth initiatives. Founded in 2007, FCC has a track-record of investing capital and partnering in successful turnaround situations. Over the past decade, FCC has completed 25 investments across a wide range of industries. FCC seeks to invest $2 to $15 million per transaction in companies with revenues of $15 to $100 million.