Michael Moran, a managing partner at Brockway Moran, intends to transition out of future funds, according to a statement Thursday. Moran intends to remain active in funds currently under the firm’s management. The PE firm did not give any reason for the changes and calls were not immediately returned.
PRESS RELEASE
Brockway Moran & Partners, Inc. announced today that Michael E. Moran intends to transition out of future funds, while remaining active in funds currently under management.
Peter C. Brockway, Managing Partner, commented, “My partners and I thank Mike for his many contributions to the founding and building of the firm over the years.” Mr. Moran added, “As I transition in the future, I want to express my appreciation to my talented partners and colleagues and wish them continued success.”
About Brockway Moran & Partners
Brockway Moran & Partners is a private equity firm with more than $1.3 billion of capital under management. The firm acquires growth-oriented middle market companies valued between $50 million and $300 million in partnership with exceptional management teams. Brockway Moran & Partners focuses on businesses with significant growth opportunities through internal expansion, industry consolidation or innovative business strategies. The principals of the firm have a record of productively working with management teams to build companies into larger and more diverse enterprises. Brockway Moran & Partners invests in a broad spectrum of industries with significant experience in consumer, industrial and service businesses. Since 1998, the firm has completed over 70 acquisitions. For more information, visit www.brockwaymoran.com.
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