Irving Place Adds Jeffrey Wood As Advisor

Middle-market private equity firm Irving Place Capital has named Jeffrey Wood as a senior ddvisor for the firm’s industrial practice. Wood was formerly President of Airfoil Technologies, an aircraft engine component manufacturer. He has also held various positions at Pratt & Whitney, Interturbine, and General Electric. Irving Place Capital is based in New York.

PRESS RELEASE:
Irving Place Capital, a middle market private equity firm, today announced that it has appointed Jeffrey D. Wood as a Senior Advisor for the firm’s industrial practice. Mr. Wood will work closely with the principals of Irving Place Capital to identify, evaluate, and pursue new investments.

Mr. Wood was formerly President of Airfoil Technologies International (“ATI”), a global market leader in aircraft engine component manufacturing, overhaul, repair, and service. During his ten-year tenure as President of ATI, Mr. Wood drove sales from $50 million to $300 million, positioned the company as a leader in the engine components business, and expanded its presence throughout the U.S., Europe, and Asia. Mr. Wood has 20 years of experience in the aerospace sector, having worked at Pratt & Whitney, Interturbine, and General Electric.

“I am excited to join Irving Place Capital and look forward to helping expand the firm’s industrial effort,” said Mr. Wood. “Partnering with a firm that is operationally focused will allow me to apply my knowledge of the aerospace industry and its global supply chain as well as my experience in driving growth and profitability by serving customers worldwide.”

“We are fortunate to have a strong team of senior advisors with significant industry expertise, and Jeff is a terrific addition,” said Phil Carpenter, Senior Managing Director of Irving Place Capital. “His successful track record and operational expertise will be invaluable to the firm as we further our industrial effort.”

About Irving Place Capital
Irving Place Capital invests private equity capital in compelling buyouts, recapitalizations, and growth capital opportunities alongside superior management teams. Irving Place Capital focuses on making control or entrepreneur-driven investments. Since its formation in 1997, Irving Place Capital has been an investor in more than 50 portfolio companies and has raised over $4 billion of equity capital, including its current $2.7 billion institutional fund. More information about Irving Place Capital is available at www.irvingplacecapital.com.