Platte River Equity said Nov. 29 that Andrew J. Gustin has joined the firm as a principal, head of business development. Gustin was previously with Hammond, Kennedy, Whitney & Company Inc.
November 29, 2017, Denver, CO – Platte River Equity (“Platte River”) announced today that Andrew J. Gustin has joined as Principal, Head of Business Development. Mr. Gustin comes to Platte River following the raising of the firm’s $625 million fourth fund, which closed earlier this year.
Mr. Gustin brings more than ten years of experience as a private equity investor and business development professional. He will lead Platte River’s sourcing, marketing and business development efforts.
Prior to joining Platte River, Mr. Gustin was with Hammond, Kennedy, Whitney & Company, Inc. (“HKW”) in Indianapolis, Indiana, where he was responsible for the firm’s deal generation activities, including sourcing new investment opportunities, developing new business relationships, marketing, advertising and managing the firm’s CRM system. Previously, Mr. Gustin was an analyst with Eli Lilly and Company. He holds a B.A. in Economics and Computer Science from DePauw University.
Based in Denver, Colorado, Platte River Equity is a private equity firm focused on equity investments from $20 million to $100 million in lower middle market operating companies with enterprise values generally between $40 million and $250 million. The firm invests in sectors where it has deep operating and investing experience, including aerospace & transportation; energy & power; agriculture & chemicals; and metals & minerals. Platte River has raised funds with committed capital in excess of $1.3 billion.