Palladin appoints O’Sullivan as CFO and CCO

Palladin Consumer Retail Partners has named Mary Courtney O’Sullivan as chief financial officer and chief compliance officer. Also, the Boston-based private equity firm has appointed Justin Lee as an associate. Previously, O’Sullivan worked at Advent International where she was vice president of finance and assistant treasurer while Lee was an investment banking analyst with Alantra Partners.


BOSTON, April 9, 2019 /PRNewswire/ — Palladin Consumer Retail Partners ( is pleased to announce the recent hire of a new Chief Financial Officer & Chief Compliance Officer, Mary Courtney-O’Sullivan, and a new Associate, Justin Lee. John Lawrence has transitioned from CFO & CCO to Finance Partner. Palladin expanded its team to help manage existing portfolio companies and increase investment activity.

Mary Courtney-O’Sullivan (;
Mary oversees Palladin’s finance, tax and compliance functions while also working with portfolio companies on financial reporting and systems development. She brings to this role over 20 years of experience in private equity. Most recently, Mary was Vice President of Finance and Assistant Treasurer at Advent International. Through her tenure there, she served in progressive financial roles in both Fund Administration and the Management Company, where her responsibilities included global finance and administration of Advent’s entities, a global ERP system implementation, and a focus on building/enhancing best practices. Prior to Advent, Mary worked at The Bank of New York Mellon and PriceWaterhouseCoopers. She received a BS in Business Administration, with a major in Accounting, from Stonehill College; and earned an MS in Taxation, with distinction, from Bentley University. Mary is a Certified Public Accountant, a Chartered Global Management Accountant, and a Certified Financial Planner.

Justin Lee (;
Justin is responsible for aiding in the identification and analysis of new investments and add-on acquisitions for existing platforms, due diligence and working with portfolio companies on a variety of strategic and financial initiatives. Prior to joining Palladin, Justin worked as an investment banking Analyst with Alantra Partners on the execution of cross-border middle market mergers and acquisitions across various industries. Before Alantra, he worked as a Valuation Advisory Analyst with Duff & Phelps, where he supported the valuations of business enterprises and securities for M&A and financial reporting purposes. Justin earned a BS in Accounting from the University of Connecticut’s School of Business.

Mark Schwartz, CEO of Palladin (; commented, “Mary and Justin are welcome additions to the Palladin team. Mary’s diverse expertise in finance, tax and systems will be a valuable resource to our firm, limited partners and portfolio companies. Justin brings to Palladin a strong analytical background that will facilitate the analysis, execution and management of transactions. They complement our existing team well, and we look forward to working together as we actively seek new investment opportunities.”

Palladin Consumer Retail Partners (“Palladin” or “PCRP”) is a Boston-based private investment firm, founded in 1998, that focuses primarily on the consumer products and services sectors in North America and Europe. The principals of PCRP have invested in, financed or managed over 120 public and private companies. The firm prides itself on working closely with management teams to create value through strategic and operational initiatives. PCRP strives to provide its portfolio companies with the advantages of a strategic partner and the operating flexibility and incentives of a financial investor. PCRP targets middle market consumer and retail companies with revenues ranging from $50 to $200 million, seeks to invest $10 to $50 million of equity capital in each transaction, and will work with investment partners on larger opportunities.