Schoenwetter joins CenterGate

CenterGate Capital said Wednesday that Lewis Schoenwetter has joined the team as a Managing Director in the firm’s Austin Headquarters. Schoenwetter was previously a Managing Director at H.I.G. Capital. News of Schoenwetter joining CenterGate was previously reported by PE HUB.

PRESS RELEASE

Austin, Texas (PRWEB) June 03, 2015
CenterGate Capital, L.P., the lower middle market private equity investor, announced that Lewis Schoenwetter has joined the team as a Managing Director in the firm’s Austin Headquarters.
Mr. Schoenwetter brings with him substantial lower middle market investing experience. Prior to joining CenterGate, Mr. Schoenwetter was a Managing Director at H.I.G. Capital® where he spent twelve years investing in lower middle companies and was involved in all aspects of the investment process, including sourcing, transaction structuring, financing, and execution of post-closing strategies. While at H.I.G. Capital, he served on the board of numerous portfolio companies and as a member or Chairman of various investment committees of the firm. Prior to H.I.G., he was a Director with Levine Leichtman Capital Partners. Mr. Schoenwetter received an M.B.A. from the University of Chicago and a B.S. from Marquette University.
Tiffany Kosch, Managing Director, commented “Stenning, Tim and I am thrilled to be working with Lewis again. Having worked together since 2002 we know his investment acumen, experience and character. They are a valued addition to CenterGate.”
Schoenwetter noted, “It is rare to have an opportunity to join an organization where you respect and know the individuals as well I do. CenterGate is a compelling platform with a differentiated strategy and I am excited to be part of it.”
About CenterGate Capital
CenterGate Capital is an Austin, Texas-based private equity firm that invests in lower middle market companies. It approaches its portfolio companies with collaborative hands-on partnerships which help drive material operational and financial improvements. Target investments generally have up to $250 million in revenue and focus on manufacturing, consumer goods, or business and industrial services.