Kirtland Capital Partners has named Tom Littman president and senior partner. John Nestor will become chairman, while maintaining his roles as CEO and senior managing partner. Littman joined Kirtland in 1995, while Nestor joined in 1986.
Middle-market private equity firm Kirtland Capital Partners (Kirtland) announced today that Tom Littman has been appointed president and senior managing partner. John Nestor will become chairman and continue as senior managing partner and chief executive officer. Jack Turben, who had been chairman, will continue with Kirtland as its founding partner. These changes provide for the future continuity of the firm.
“Tom has played a significant role in our success during the last 15 years, having been involved in fundraising, deal sourcing, due diligence, acquisitions, portfolio management and divestitures,” said Nestor. “He’s a highly respected private equity professional with exceptional leadership skills who will continue Kirtland’s track record of successfully growing our middle market portfolio companies and creating value for our investors.”
Littman joined Kirtland in 1995 and has served the firm as a managing partner since 2005. During his tenure, he has been a significant contributor to several successful portfolio investments, including Instron Corporation, R Tape Corporation and Unifrax Corporation. Previously, he worked as an attorney with Jones Day, a world leading, multi-national law firm. He serves as a director of MicroGroup, Inc. and Northwest Mailing Service, Inc. and is a trustee of the Cleveland Zoological Society, Positive Education Program and Achievement Centers for Children. Littman is a graduate of Miami University (Ohio) and earned a law degree from The Ohio State University College of Law.
Prior to joining Kirtland in 1986, Nestor worked at Continental Illinois Bank in a variety of lending positions. He is a member of the advisory board of Kirtland Capital Partners, chairman of SmartSource Computer and Audio Visual Rentals and is a director of PVC Container Corp. Civically, he serves as a trustee of the Kelvin and Eleanor Smith Foundation and Saint Ignatius High School Board of Regents, is on the advisory board of Gordon Square Arts District and is a director for The Diversity Center. He has also been appointed as a member of the Ohio Venture Authority. A graduate of Georgetown University, Nestor also holds an MBA degree from the University of Notre Dame and an MA degree in urban studies from Loyola University in Chicago.
About Kirtland Capital Partners
Kirtland Capital Partners is a relationship-oriented private equity firm focused on accelerating the growth of middle-market companies by leveraging its internal operating, financial and strategic resources. For more than 30 years, Kirtland has executed a disciplined investment strategy that has created long-term value in its portfolio companies and delivered superior returns to its investors and management teams. Kirtland invests in niche manufacturing, distribution and business service companies with potential for growth organically and/or through strategic acquisition. Kirtland is known for the strong partnerships it builds with its operating management teams and the experience of its professionals. More information is available at www.kirtlandcapital.com.