Pritzker Private Capital has named Terry Sutter as an operating partner for its manufactured products team. Sutter joins PPC after serving as an executive advisor with Aurora Capital Partners.
CHICAGO – September 9, 2020 – Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced that Terry Sutter, a highly-regarded operations executive with deep experience advising complex industrial and manufacturing organizations, has joined the firm’s Manufactured Products team as Operating Partner. Mr. Sutter will co-lead PPC’s Manufacturing team in partnership with Investment Partner Michael Nelson. With more than two decades of sector expertise, Mr. Sutter will support PPC’s growing family of manufacturing companies and further strengthen PPC’s commitment to operations excellence.
“Terry brings to PPC more than 35 years of proven experience leading, growing and advising industrials companies, and we are pleased to welcome him to the PPC family,” said Michael Nelson, Partner – Head of Manufactured Products and Services Investing at PPC. “We continue to deploy flexible and long-duration capital to build leading, growth-focused manufactured products companies. We are confident that Terry’s deep understanding of the complex operational needs of companies in this sector will be instrumental in executing our strategy.”
“The addition of Terry to our world-class team of operating professionals underscores our commitment to partner with family- and entrepreneur-owned businesses to build their businesses for the long-term,” said Paul Carbone, President and Managing Partner of PPC. “Throughout Terry’s career he has honored our long-held values of honesty, integrity and loyalty. As we continue to grow our firm and scale our operations platform, Terry’s unique skill-set will help us create even more value for our growing family of companies.”
Mr. Sutter will join the Pritzker Operations Group, led by David Gau, Partner and Head of Operations at PPC, where he will work alongside the firm’s Services and Healthcare Operating Partners to support the continued growth of PPC’s Operations team.
“The depth of our operations capabilities is a unique and important component of our strategy, and Terry is an exciting complement to our operations team,” said Mr. Gau. “We look forward to working with Terry as we provide even more value-add services in partnership with companies across the manufactured products sector.”
Mr. Sutter joins PPC after a distinguished 10-year tenure as an Executive Advisor with Aurora Capital Partners, where he advised complex organizations in the industrial sector, and served as a member of Aurora’s Executive Board. During his tenure at Aurora, he participated in numerous platform and add-on acquisitions and served on the Boards of Directors of more than 10 companies, including five as Chairman. Over the course of his 25-year career prior to joining Aurora Capital Partners, Mr. Sutter served as Chief Operating Officer of Gerdau Ameristeel, where his team led in excess of $5 billion of acquisitions across the business; and several leadership roles at Tyco International, where he helped lead the company’s transformation as President of Tyco Plastics and Adhesives. He has also held operations-focused positions at AlliedSignal, Pennzoil and Morton International. Mr. Sutter was a co-founder in the Dr. Paul Chan scholarship fund at the University of Missouri. He earned a B.S. in Chemical Engineering from University of Missouri-Columbia, a M.S. in Chemical Engineering from Texas A&M University, and an MBA from the University of Chicago.
“With the firm’s flexible approach to investing and longstanding focus on operational excellence, PPC is truly unique,” said Mr. Sutter. “I am eager to get started and contribute to the success of the firm’s Manufactured Products team and our companies.”
Pritzker Private Capital brings a time-tested, disciplined approach to partnering with middle-market companies, focusing on quality businesses with leading positions in the manufactured products, services, and healthcare sectors. PPC aims to identify quality, growth-focused businesses in the manufactured products sector with which to form a strong, growth-minded partnership and cultivate long-term success. PPC continues to be uniquely positioned to achieve strong results for its family of companies by combining the flexibility of long-duration family capital with the legacy and values of a family-owned business.
PPC’s current Manufacturing companies include C.H. Guenther, a leading global producer of branded and private label food products; Plaskolite, North America’s largest provider of transparent thermoplastic sheet products; PLZ Aeroscience, the North American leader in specialty aerosol product manufacturing; ProAmpac, a global leader in innovative custom flexible packaging solutions; and Technimark, a leading global provider of custom rigid plastic packaging and components.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products, services, and healthcare sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. For more information, visit PPCPartners.com.