WHI Capital Loses Managing Partner Eric Cohen

Eric Cohen has stepped down as co-managing partner of WHI Capital Partners, peHUB has learned.

It is not clear when Cohen actually left WHI, a Chicago-based buyout firm focused on niche manufacturing, distribution and specialty service companies. peHUB was first clued into Cohen’s departure thanks to an email bounce-back.

Before his tenure at WHI, Cohen was a general manager of Midwest Air Technologies and CEO of Ampere Automotive.

Adam Schecter, WHI Capital’s founder and remaining managing partner, confirmed Cohen’s departure Friday but wouldn’t give further information. “I’m under a CA,” he said, adding that a formal statmeent will be coming soon.

Here is Cohen’s bio from the WHI website (it’s still up there):

Eric is a Managing Partner of WHI Capital Partners and brings more than 16 years of operational, managerial and M&A transactional experience. Prior to joining WHICP, Eric oversaw all operations and acquisition initiatives as General Manager of Midwest Air Technologies, Inc., a consumer and industrial products company. Under Eric’s leadership, sales grew from $100 million to over $200 million and the company captured the leading market share position in its industry niche.

Before Midwest, Eric was CEO and majority owner of Ampere Automotive, Inc., a middle market family-owned automotive component remanufacturer. At Ampere, Eric grew sales from $25 Million to $50 Million and doubled profitability by successfully completing two acquisitions and implementing the Toyota Production System. With this system, production lead times at Ampere dropped from 3.5 days to 4 hours and inventory turns tripled.

Previously, Eric was a manager at General Electric, holding various operational and business development positions with GE Medical Systems, GE Power Systems, and GE Corporate. Throughout Eric’s career, he has been consistently successful in developing and executing strategic plans, growing revenues, dramatically improving margins and integrating acquisitions. Eric has a BS with honors in Mechanical Engineering from the University of Wisconsin and an MBA from Harvard Business School.

Eric and his wife Stacey reside in Winnetka, Illinois along with their four children, Cameron, Charlie, Claire and Caitlin.