Harvest Partners LP said Jan. 9 that it promoted Andrew Schoenthal to Senior Managing Director. He was previously a managing director. Other Harvest promotions include: Nick Romano to Managing Director; Michael Greenman, James Mitchel and David Schwartz to Principal; and, Steve Fessler to Vice President.
NEW YORK–January 9, 2017–Harvest Partners, LP (“Harvest” or “the Firm”) is pleased to announce the promotion of Andrew Schoenthal to Senior Managing Director. Previously a Managing Director, Mr. Schoenthal joins the current Senior Managing Directors of Harvest Partners in managing the firm and its affiliated investment funds.
Mr. Schoenthal joined Harvest in 2005 and has focused on investments in the business services and consumer sectors and has spearheaded the Firm’s west coast expansion. Prior to joining Harvest, he worked at Charlesbank Capital Partners and he has a B.A. in Economics from Emory University and an M.B.A. from The Wharton School of the University of Pennsylvania. Andrew serves on the Boards of DTI/Epiq, Encanto Restaurants, Garretson Resolution Group and Green Bank. He previously served on the Board of Cycle Gear.
Of the new appointment, Tom Arenz, Senior Managing Director of Harvest, said, “Andy has been instrumental in creating and managing attractive investments in the business services sector as well as the geographic expansion of our firm. We have great confidence in his talent and abilities and are pleased to have him as our partner.”
Harvest also announced several other promotions: Nick Romano to Managing Director; Michael Greenman, James Mitchel and David Schwartz to Principal; Steve Fessler to Vice President.
· Nick Romano joined Harvest Partners in 2015 as a Principal and focuses on investments in the industrial and consumer sectors. Prior to joining Harvest, he worked at Audax Private Equity. He has an A.B. from Duke University.
Of the new appointment, Tom Arenz, said, “Nick has proven himself to be a highly valued senior member of our team. We expect he will continue to make significant positive contributions going forward.”
In addition, Harvest Partners SCF, LP (“HP SCF”) the non-control private equity strategy of Harvest, is pleased to announce the promotion of Steve Duke and Sean Murphy to Managing Director.
· Steve is responsible for sourcing and completing investments across the business services and healthcare sectors. Since joining HP SCF in 2014, Steve has closed four HP SCF investments. He is a graduate of Yale University and received an MBA from Harvard Business School. Prior to joining HP SCF, Steve was a Principal at CCMP Capital. He is a member of the Board of LAZ Parking, and is an observer to the Board of DCA.
· Sean is responsible for sourcing and completing investments across the consumer / retail sectors. Since joining HP SCF in 2016, Sean has closed three HP SCF investments. He is a graduate of Yale University. Prior to joining HP SCF, Sean was a Managing Director in the Private Equity group at Angelo, Gordon & Co. He is a member of the Board of GPM Investments, Roland Foods and OTG Management.
Of the promotions, Jay Hegenbart, Senior Managing Director and Portfolio Manager of HP SCF, said, “Steve was instrumental in the initial launch of HP SCF and has since then played an integral role in developing our business. His promotion reflects years of hard work and dedication to the firm.”
Mr. Hegenbart added that, “Sean has made significant contributions to our investment program, including having completed a $250 million investment in OTG Management, the largest transaction HP SCF has led to date. Sean has played a key part in the success of HP SCF, and I have great confidence in the depth and scope of his abilities as a senior member of our growing team.”
About Harvest Partners
Founded in 1981, Harvest Partners is a leading New York-based private equity investment firm that pursues management buyouts and recapitalizations of middle market companies in North America. Harvest focuses on acquiring profitable companies in the business services, consumer, healthcare services, and industrial sectors. This strategy leverages Harvest Partners’ 35+ years of experience in financing organic and acquisition-oriented growth companies. For more information, please visit www.harvestpartners.com.