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Sverica Promotes Jordan Richards to Managing Director

The San Francisco-based private equity firm Sverica International has promoted Jordan Richards to managing director. Richards joined the firm in 2009.

PRESS RELEASE:

Sverica International announced today the promotion of Jordan Richards to Managing Director effective immediately.

Gunnar Bjorklund, co-founder and Managing Director at Sverica noted, “We are very excited to welcome Jordan into the Managing Director group. Jordan has added significant value and effectively worked at the Managing Director level for some time now. We expect that he will be a meaningful driver of our business going forward.”

Mr. Richards joined Sverica in early 2009 and has over twelve years of private equity, public equity and investment banking experience. He is focused on investments in the business services sector and currently serves on the board of Prospect Education, Quest Education and the Bartech Group. Mr. Richards is a graduate of Dartmouth College and received his MBA from the Amos Tuck School of Business at Dartmouth College.

About Sverica International Sverica International is a leading private equity firm that has raised over $425 million of investment capital across three funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since 1993 Sverica has maintained a “high touch” operating philosophy of taking an active role in portfolio companies. Sverica devotes significant internal resources to help its management teams develop and execute growth strategies.