High Road Capital Partners has promoted both Ben Schnakenberg and Adi Blum to the position of vice president. Schnakenberg joined last year as an associate from LaSalle Bank, while Blum was with Citigroup Global Markets.
High Road Capital Partners (www.highroadcap.com) today announced the promotions of Ben A. Schnakenberg, 30, and, Adi J. Blum, 30, to vice president.
“Ben and Adi have excelled in their roles and both exemplify our ‘high road’ business philosophy,” said Bob Fitzsimmons, Managing Partner, High Road Capital Partners. “Their demonstrated knowledge and ability have contributed to the growth and success of the firm and our portfolio companies. We are pleased to recognize Ben and Adi with these promotions.”
Ben Schnakenberg, Vice President, joined High Road as an associate in February 2008. He is a member of the transaction team for portfolio companies Accentus and All Current Electrical Sales, and worked on the recent add-on acquisitions of Western Controls and Breakers and Industrial Electric Systems.
Previously, Schnakenberg was a senior vice president at LaSalle Bank, now Bank of America, where he served as chief of staff to LaSalle’s CEO. Prior to that, he worked in middle-market commercial banking for LaSalle and for Madison Capital Funding. Schnakenberg received a bachelor’s degree in political science and English from Valparaiso University and recently received his executive MBA from the Wharton School of the University of Pennsylvania. He is a CFA charterholder.
Adi Blum, Vice President, joined High Road as an associate in August 2008. He is a member of the transaction team for portfolio company Milwaukee Gear.
Previously, Blum was an investment banker in mergers and acquisitions for Citigroup Global Markets. Prior to that, he was an associate at Silver Oak Partners. He also worked as a business development professional in the wireless industry. Blum received a bachelor’s degree in international affairs from Georgetown University’s School of Foreign Service and an MBA from New York University’s Stern School of Business.
For further information, please contact Bob Fitzsimmons of High Road Capital Partners at (212) 554-3265.
High Road Capital Partners
High Road Capital Partners is a leveraged buyout firm focused on smaller middle market transactions. High Road was formed in 2007 and currently manages over $150 million of committed capital. High Road focuses on niche-leading companies with revenues of $10 million to $100 million and EBITDA of $2 million to $10 million. Once acquired, High Road works in partnership with management to take the companies to the next level, with the expectation of doubling or tripling EBITDA during the course of its ownership through a combination of organic growth initiatives and add-on acquisitions. More information on High Road may be found on its website, www.highroadcap.com.