TZP adds Gaspar as partner

TZP Group has hired Dan Gaspar as a partner. Previously, Gaspar was a partner at High Road Capital Partners.

PRESS RELEASE

TZP Group, LLC (“TZP”) is pleased to announce that Dan Gaspar has joined the firm as a Partner.

Mr. Gaspar will serve as a Partner of TZP Growth Partners I, L.P. (“TZP Growth”), a private equity fund focused on investments in growing business and consumer services companies and part of the TZP Group family of funds.

TZP Growth focuses primarily on control investments in business and consumer services companies with annual EBITDA of less than $8 million that require equity investments of less than $25 million.

The firm targets companies with solid historical profitability and sustainable value propositions, and seeks to be a “Partner of Choice” for business owners and management teams. TZP Growth is focused on industry verticals where the firm’s investment professionals have significant prior operating and investing experience.

Mr. Gaspar joins from High Road Capital Partners, where he was a Partner. Prior to High Road, Mr. Gaspar worked in private equity at Columbus Nova Private Equity Partners and Trimaran Capital Partners and as an investment banker at Morgan Stanley. Mr. Gaspar received a B.S. in economics from The Wharton School of the University of Pennsylvania and an M.B.A. in finance from Columbia Business School, graduating Beta Gamma Sigma.

“We are truly excited to add Dan to the TZP team,” stated Sam Katz, Managing Partner of TZP. “I’ve known Dan for over ten years and I am impressed by his proven track record for sourcing, executing, and managing investments. Dan shares our firm’s aggressive goals for growth as well as our core Code of Values. He is a great fit with our firm’s culture and a strong addition to the TZP Growth team.”

About TZP GROUP, LLC
TZP Group, a private equity firm with $1.3 billion raised since inception across its family of funds, is focused on investments in business and consumer services companies. Founded in 2007, TZP targets companies with solid historical profitability and sustainable value propositions and aims to be a “Partner of Choice” for business owners and management teams. TZP seeks to invest primarily in closely-held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability, and maximize the value of their retained stake. TZP leverages its investment professionals’ operating and investment experience to provide strategic and operational guidance and is dedicated to long-term value creation. For more information, please visit www.tzpgroup.com.