Main Line Equity Partners has hired Richard DeFelice as a senior associate. Previously, DeFelice worked at Westinghouse Electric Company where he served as lead analyst within the strategy and corporate development group.
PITTSBURGH, PA (PRWEB) AUGUST 20, 2015
Main Line Equity Partners today announced that Richard DeFelice has joined their investment team as a Senior Associate. He will play an integral role leading the due diligence of investment opportunities at Main Line Equity Partners.
Richard brings 10 years of experience leading due diligence teams and managing the Mergers and Acquisitions (M&A) and Joint Venture processes for transactions ranging from $500 thousand to $300 million. “Main Line Equity Partners’ entrepreneurial focus and culture provides a perfect fit to leverage my expertise with acquisitions,” commented DeFelice.
“Richard’s experience working on a variety of complex transactions throughout different regions and product lines will add immediate value to our current and prospective portfolio companies,” adds Chris Randazzo, Founder and Managing Partner at Main Line Equity Partners.
Prior to joining Main Line Equity Partners, Richard served as Lead Analyst within the Strategy and Corporate Development Group at Westinghouse Electric Company—a group company of Toshiba Corporation—helping grow the company through organic and acquisition opportunities. He was also an M&A Associate and Advisor for the Ventura Group and was part of the Economic & Business Consulting team at Charles River Associates.
Richard holds an MBA in Finance, Accounting, Strategy, and Entrepreneurship from Carnegie Mellon University, Tepper School of Business. He also holds a B.S. in Business Administration from Villanova University where he majored in Finance and Management Information Systems.
About Main Line Equity Partners
Main Line Equity Partners is focused on investing in profitable, next stage growth companies, with under $10 million in revenue, looking to engage strategic break-through capital and operational support to increase market share and accelerate earnings growth. Our participation goes beyond the capital and quarterly board meetings. We are actively engaged with our portfolio companies throughout the investment lifecycle as a trusted strategic and operational partner to provide a stable platform to manage growth alongside strong, forward-thinking management teams.