The Pritzker Group, based in Chicago, has added to investment professionals to its middle market private equity team: Mark Bowman and Jeff Verde. Bowman, who was hired as a vice president, was previous a principal at Austin Ventures, where he spent nine years. Verde, hired as an associate, was previously an investment banking analyst at Robert W. Baird & Co.
PRESS RELEASE:
The Pritzker Group today announced that it has added two investment professionals as part of its plan to deploy additional capital in its private equity investing activities, which target middle-market companies in manufactured products, healthcare and services.
“The Pritzker Group is scaling its investment team to execute our growth plans in the years ahead”
Matt Bowman, 36, has joined The Pritzker Group as a vice president, with responsibility to source and acquire middle-market services companies. Bowman was previously a principal at Austin Ventures, where he spent nine years focused on growth and equity buyout transactions in a broad range of business services industries. He served on the boards of five of the firm’s portfolio companies. Bowman holds a Bachelor of Science degree in Accounting with high honors from Brigham Young University. He will work closely with David Rosen, who oversees the Services investment team.
The Pritzker Group, representing the interests of Tony and J.B. Pritzker, has a 10-year history of making middle-market buyouts and investments. The firm intends to increase its investing activities, which remain focused on family- or entrepreneur-owned companies that lead their markets or sub-sectors.
Other recent notable hires include Managing Partner of Private Equity Paul Carbone, who formerly built and led the Private Equity Group for Robert W. Baird and Co.
“The Pritzker Group is scaling its investment team to execute our growth plans in the years ahead,” Carbone said. “To do that, we’re looking to add to the team talented investment and operations professionals who share our focus on long-term growth and value creation.”
The Pritzker Group also announced that Jeff Verde, 24, has joined the team as an associate. He will help evaluate and execute investments across each of The Pritzker Group’s investment sectors. Verde was previously an investment banking analyst at Robert W. Baird & Co. and holds a Bachelor of Business Administration degree from the University of Iowa.
About The Pritzker Group’s Middle-market Investment Team
The Pritzker Group’s middle-market investment team acquires North American-based companies with enterprise values between $75 and $400 million, focusing on quality businesses with leading positions in the manufactured products, healthcare and services sectors. The firm’s proprietary capital base allows for broad flexibility in its investment horizon, transaction structure and approach to creating long-term value, making it an ideal partner for entrepreneur- and family-owned businesses. The Pritzker Group brings large-company credibility, relationships and expertise to the middle market and can support its companies with additional growth capital. The firm’s middle-market and venture capital teams have acquired or invested in more than 80 companies over the past decade. For more information, visit www.pritzkergroup.com.