Validus Group Partners Ltd has appointed Richard A. Mocsari as chief financial officer. Mocsari is the former CFO of GulfShore Bank.
TAMPA, FLORIDA (PRWEB) SEPTEMBER 27, 2017
Validus Group Partners, Ltd., a Tampa-based investment firm, is pleased to announce Richard A. Mocsari has joined the team as Chief Financial Officer. Mocsari will lead the firm’s finance and accounting functions, along with corporate finance duties related to Validus’ current holdings and new investments.
Validus Group Partners and its affiliates’ core holdings include companies in the medical device, senior living, commercial real estate and financial services sectors. Mario Garcia, Jr. founded the company in 2004.
“We believe in hiring the best people, giving them the tools they need to succeed, and then letting them drive the growth of our firm,” said Garcia. “We are thrilled to have Richard on our team and look forward to leveraging his experience to support our long-term investment approach and our portfolio of companies.”
Mocsari brings 25 years of corporate finance experience to Validus and was formerly the CFO of GulfShore Bank, headquartered in Tampa, Florida.
During his six years at GulfShoreBank, Mocsari helped successfully raise both institutional private equity and local capital. The bank also achieved double-digit annual growth in assets, loans, and profits – leading to the successful sale of the company to Seacoast Bank in a transaction valued more than $70 million dollars upon closing in April 2017.
“I’m excited and honored to join this terrific team at Validus Group Partners,” said Mocsari. “I’ve admired the company and its leadership’s investment philosophy for years, coming to know them first hand as GulfShore Bank’s largest shareholder. I look forward to helping the team build successful business and create long term value across the portfolio.”
Prior to joining GulfShore, Mocsari served as CFO for Sembler Investments, as Principal in mergers & acquisitions for CLB Partners, and as a Vice President in Bank of America’s middle market banking group. During his career, Mocsari has helped advise on and execute capital structuring and mergers and acquisitions transactions in excess of $3 billion. He holds an MBA from the University of Florida and a BS in Finance from the University of South Florida.
About Validus Group Partners:
Validus Group Partners is a private investment firm based in Tampa, Florida. The firm and its related companies employ over 1,250 people, and are focused on direct investment and growth across several industry sectors including medical devices, senior living facilities, commercial real estate, financial services, and alternative investments. Affiliates of Validus Group include Carter/Validus REIT Investment Management Company, LLC, Carter Validus REIT Management Company II, LLC, Validus Senior Living, and SC Distributors.
Since inception in 2004, Validus Group and its affiliates have formed, acquired or managed companies with assets that have grown to more than $4 billion. The company, through its subsidiary, Validus Group Properties, currently owns a portfolio of over 620,000 square-feet of flex, office, and retail space across the Southeast. They are actively seeking investment opportunities in the $5-$15 million range. CEO and Managing Partner, Mario Garcia, Jr., was born and raised in Tampa and founded Validus Group in 2004. He is also the Chairman and Founder of EMSI, a national medical device company, which he established in 1995 as a start-up business.