O.G. Greene Joins Navigation Cap

O.G. Greene has joined Navigation Capital Partners as an operating partner. He has served as CEO of multiple companies, including Burroughs Corp., National Data Corp., GridNet International, Skylight Financial and Speer Communications.

 

PRESS RELEASE

 

Navigation Capital Partners, a leading Atlanta-based middle market private equity firm, today announced that O.G. Greene has joined the firm as an Operating Partner.  Mr. Greene comes to Navigation with more than 30 years of experience from the financial services, banking and telecommunications industries and will begin serving on the Board of Directors of Exeter Finance Corp., one of Navigation Capital's core portfolio companies.

 

Mr. Greene has directed a number of industry-leading companies during his career.  His background includes time as President of the U.S. operations of Burroughs Corporation (now Unisys) and CEO of National Data Corporation along with COO of First Financial Management.  This experience is supplemented by his entrepreneurial endeavors including co-founding and serving as CEO of GridNet International, Chairman and CEO of Skylight Financial and CEO of Speer Communications (now DSM Networks).

 

In his new role at Navigation, Mr. Greene will provide advisory support and strategic operating counsel for the Company's growing portfolio of core companies and investments.  He will primarily be responsible for assisting Navigation's portfolio of business service and finance companies in the further development and implementation of their strategic and operating plans.

 

“With a strong reputation as a growth-focused leader, O.G.'s extensive industry knowledge will be a superb complement to Navigation's already strong bench of operating expertise,” said Larry Mock, a Managing Partner at Navigation Capital.  “We continue to focus our resources on the partnerships we've built with our core portfolio of companies and look forward to their continued success under his guidance.”

 

Mr. Greene will join industry veterans such as Edward Esstman, former President, COO and Vice Chairman of the board of AmeriCredit Corp (NYSE: ACF), on the board of directors of Exeter Finance Corp.  A Navigation core portfolio company, Exeter is a non-prime auto finance company specializing in purchasing and servicing of finance contracts from select franchised dealers throughout the United States.

 

Navigation currently has majority stakes or significant investments in 10 portfolio companies ranging from business services to manufacturing and distribution companies.  Navigation works closely with the management teams of its core portfolio companies to provide the financial and operating resources necessary to develop and accelerate solid growth.

 

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About Navigation Capital Partners

Navigation Capital Partners is an Atlanta-based private equity firm that invests in lower middle market niche manufacturing and services businesses located in the Southeast, Mid-Atlantic and Midwest United States. The managers of Navigation formerly founded and managed Mellon Ventures, the private equity investment arm of Mellon Financial Corporation. With the backing of the Goldman Sachs Vintage Funds, Navigation acquired the private equity portfolio of Mellon Ventures in December 2006.  Navigation currently manages approximately $375 million of invested and committed capital.  For more information, visit www.navigationcapital.com.