|FOR IMMEDIATE RELEASE||
Chris Tofalli Public Relations, LLC
+1 914 834 4334
NEW YORK, November 14, 2011 – Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market specialty industrial, healthcare, and financial services companies, announced today the promotions of Roy Seroussi to Vice President and Joseph Rooney to Senior Associate.
“Roy and Joe have assumed increasing responsibilities at the firm and have worked effectively with our portfolio companies. We are very pleased to recognize their accomplishments with these promotions,” said Terrence Mullen, a Partner at Arsenal. “We place a great emphasis on developing our professionals and we are pleased to have the depth of talent within the firm to further strengthen our team. We look forward to their continued contributions in these expanded roles.”
Mr. Seroussi focuses on investments in the specialty industrials sector for Arsenal and joined the firm in 2008 from Credit Suisse. He received a B.A. from Brandeis University. Mr. Seroussi works with Arsenal portfolio companies Velsicol Chemical, Charter Brokerage, Novolyte Technologies, and Royal Adhesives & Sealants.
Mr. Rooney joined Arsenal in 2009 and focuses on financial services investments. Most recently he was an associate at GSC Group and prior to that was with Citigroup. He works with Arsenal portfolio companies Tempo Financial, FrontStream Payments, and KGS-Alpha Capital Markets. He received his B.A. from Northwestern University.