Monomoy Capital Partners has hired Phil Arra as managing director and business development head. Previously, Arra worked at Terra Verde Partners.
NEW YORK–(BUSINESS WIRE)–Monomoy Capital Partners, a private equity firm focused on deep value investing and operational improvement in the lower middle market, is pleased to announce that Phil Arra has joined the firm as a Managing Director and the Head of Business Development. Mr. Arra will focus on sourcing Monomoy investments from corporate sellers, family owners, specialized intermediaries and other business owners.
Mr. Arra has over 20 years of private equity and investment banking experience in the middle market. He joins Monomoy from Terra Verde Partners, a private investment firm focused on acquiring businesses in the environmental sector. Before founding Terra Verde, Mr. Arra was a Managing Director with Hunt Special Situations Group where he focused on corporate divestitures, restructuring and turnaround investments.
Prior to his tenure at Hunt, Mr. Arra worked in J.P. Morgan’s mergers and acquisitions practice and at KSL Fairways, an operationally-focused private investment affiliate of Kohlberg Kravis Roberts & Co. Mr. Arra holds an M.B.A. from The Wharton School of the University of Pennsylvania and a B.B.A. in Finance from James Madison University. He also holds a Chartered Financial Analyst designation.
Daniel Collin, a Monomoy partner and its Co-CEO, commented, “The principals of Monomoy have had the pleasure of working with Phil on multiple investments over the past 15 years. Phil brings a unique focus and network to the Monomoy platform, and we are confident that he will help the firm source a growing number of acquisition opportunities in the lower middle market. We are excited to welcome Phil as a member of the Monomoy team.”
“Monomoy has built an impressive platform that combines deep value investing with a unique approach to operational improvement and value creation,” said Mr. Arra. “Monomoy has a proven track record of closing complex middle market transactions with a variety of sellers, and I look forward to working with the team to expand the firm’s sourcing activity in the coming years.”
About Monomoy Capital Partners
Monomoy Capital Partners is a private equity firm with over $1 billion in committed capital that makes controlling investments in lower middle market businesses in the manufacturing, distribution, consumer products and foodservice sectors. Over the past ten years, Monomoy has closed over 40 middle market acquisitions, and its companies have produced over $2.5 billion in combined sales and employed more than 5,000 associates across four continents. Monomoy implements customized business improvement programs at its investments that reduce operating expenses, increase profitability and encourage growth. To learn more about Monomoy and its portfolio, please visit the firm’s website at www.mcpfunds.com.
Since forming the firm in 2005, Monomoy has grown its staff from three founders to a firm of 25 world-class investment and operating professionals. A 2015 study by Preqin, the leading source of data on the alternative assets industry, named Monomoy Capital Partners II, L.P. the best performing distressed private equity fund raised between 2006 and 2012 and the second best performing distressed private equity fund raised since 1990. Access the 2015 Preqin Alternative Assets Performance Monitor at www.preqin.com.