VMG Partners has promoted Angad Hira, Jonathan Marshall, and Carle Stenmark to vice president. Hira joined VMG in 2010 while Marshall and Stenmark came on board in 2012.
SAN FRANCISCO, February 8, 2016 – VMG Partners, a private equity firm that specializes in investing in and building branded consumer product companies in the lower middle market, today announced the promotions of Angad Hira, Jonathan Marshall, and Carle Stenmark to Vice President.
“We are pleased to promote three outstanding individuals who have provided meaningful contributions to the partnership,” said Kara Cissell-Roell, Managing Director of VMG. “Angad, Jon, and Carle are highly talented team members who exemplify VMG’s culture and investment philosophy. They will continue to work closely with partner company founders and management teams to build substantial brand value for all stakeholders.”
David Baram, Managing Director of VMG, added, “The ongoing development of our team is central to our continued growth and as we build on our previous success in the middle market we are confident they will help expand our portfolio of investments. We look forward to their future contributions as they help identify and evaluate investment opportunities.”
Prior to joining VMG in 2010, Mr. Hira was an investment banker in the Mergers & Acquisitions group of UBS Investment Bank. He received his B.S. in Commerce with a dual concentration in finance and accounting from the McIntire School of Commerce at the University of Virginia. Mr. Marshall joined VMG in 2012 and prior to joining the firm he was an associate at Castanea Partners and an investment banker at Harris Williams & Co. He received his B.S. in Business Administration from the Walter A. Haas School of Business at the University of California, Berkeley. Mr. Stenmark joined VMG in 2012 and prior to that was an associate at Summit Partners. He received his B.A. with Honors from Harvard University and an M.B.A. from Harvard Business School.
About VMG Partners
VMG Partners is focused solely on partnering with entrepreneurs and managers to support the growth and strategic development of branded consumer products companies in the lower middle market. Since its inception in 2005, VMG has provided financial resources and strategic guidance to drive growth and value creation in more than 20 companies. VMG’s defined set of target categories includes food, beverage, wellness, pet products, personal care, and household products brands. Representative past and present partner companies include KIND Healthy Snacks, Pretzel Crisps, Pirate’s Booty, Waggin’ Train, Natural Balance, Vega, babyganics, Solid Gold and Justin’s. VMG Partners is headquartered in San Francisco and Los Angeles. For more information about the fund please visit www.vmgpartners.com.