LFM taps Hoefling as operating partner

LFM Capital has named Ken Hoefling as an operating partner. Recently, he was vice president of building construction products at Caterpillar.


NASHVILLE, TN – May 31, 2019 – LFM Capital (“LFM”), a Nashville-based private equity firm, is pleased to announce that Ken Hoefling has joined the firm as an Operating Partner.

Ken brings to LFM substantial executive and leadership experience in diversified manufacturing and product engineering following a 30-year career at Caterpillar,the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Ken’s most recent roles at Caterpillar included VP of Building Construction Products, where he oversaw 6,800 employees throughout 14 factories. Previously, he served as General Manager of Components, which included product engineering, manufacturing, sales and marketing for Caterpillar’s component and attachment business.

LFM Executive Managing Director Steve Cook said, “We have known Ken for many years and are delighted to have him join the team at LFM as an Operating Partner. He brings a fantastic track record of success in driving operational improvements at Caterpillar. We look forward to integrating Ken’s operational expertise as we evaluate opportunities and create value within niche manufacturing and industrial services companies.”

Ken Hoefling commented, “I am excited for the opportunity to help drive value creation efforts at lower middle market companies. I have known the team at LFM Capital for many years – starting with LFM Managing Director Dan Shockley, whom I worked with at Caterpillar. I believe the operational experience and value proposition LFM brings is compelling and will allow us to drive strong outcomes for portfolio companies – both financially and holistically.”

About LFM Capital
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies. For additional information, please visit www.lfmcapital.com.