|FOR IMMEDIATE RELEASE||
Chris Tofalli Public Relations, LLC
+1 914 834 4334
NEW YORK, December 19, 2013 – Arsenal Capital Partners, a leading New York-based private equity firm that invests in middle-market Specialty Industrial and Healthcare companies, announced today the promotions of Roy Seroussi to Principal and Joseph Rooney to Vice President. In addition, Jessica Delfino was promoted to Senior Associate.
Also, Sara Beckwith-Bachand was promoted to Investor Relations Junior Associate and Sandra Wagner to Office Manager.
Arsenal has worked diligently this year to strengthen the firm’s already talented team of professionals by adding industry professionals with deep sector knowledge to its Advisory Boards. The firm also expanded its Specialty Industrials depth by adding a new Specialty Industrials Operating Partner, Shawn Abrams, and bringing on Danny Pang, a new Healthcare Senior Associate, has increased the firm’s bandwidth within its Healthcare sector.
“Roy and Joe continue to deliver outstanding contributions to our firm and their promotions to senior leadership positions are recognitions of their roles as valuable members of the Arsenal team. Both have a terrific combination of investment judgment, transaction expertise, and team skills to deliver value for our investors,” said Terrence Mullen, co-founder and partner of Arsenal. “We congratulate them on these well deserved promotions.”
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 FlowChem, Dash Multi-Corp., IGM Resins, Chromaflo, Inhance Technologies, Royal Adhesives & Sealants, and Charter Brokerage.
Mr. Rooney joined Arsenal in 2009 and focuses on Specialty Industrials and maintaining Arsenal’s current Financial Services companies. He was named Senior Associate in 2011. Prior to joining Arsenal, he was an associate at GSC Group and prior to that was with Citigroup. He works with Arsenal portfolio companies IFC (International Fiber Corporation), Tempo Financial, and KGS-Alpha Capital Markets. He received his B.A. from Northwestern University.
Ms. Delfino joined Arsenal in 2011 and focuses on Specialty Industrials. She joined Arsenal from Deutsche Bank where she worked as an analyst in the Global Banking and Natural Resources Group. Ms. Delfino works with Arsenal portfolio companies Chromaflo and Dash-Multi Corp. She received her Bachelor of Commerce from McGill University.
Mrs. Beckwith-Bachand joined Arsenal in 2009 as the receptionist and an administrative assistant. She now works directly with the head of Investor Relations to facilitate the department. Mrs. Beckwith-Bachand received her B.A. from The University of Tennessee. Mrs. Wagner joined Arsenal in June of 2013 as an Executive Assistant and was promoted to Office Manager two and half months later. Most recently, she worked at Gurwitch Products as an Executive Assistant to the CEO. Simultaneous to managing the office, Mrs. Wagner supports the Healthcare team. She received her B.S. from St. John’s University.
“Arsenal is thrilled to announce the five internal promotions. We strive to seek out and cultivate talent and promote from within the firm to acknowledge great talent and hard work. All of these individuals have made significant contributions across all facets of the firm and contribute to our robust team culture,” added Jeff Kovach, co-founder and partner of Arsenal.
About Arsenal Capital Partners
Arsenal Capital Partners is a leading New York-based private equity firm that invests in middle-market Specialty Industrial and Healthcare companies. Arsenal makes investments in sectors where the firm has significant prior knowledge and experience. Arsenal targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm’s operational improvement capabilities. Arsenal currently has $1.7 billion of committed equity capital. For additional information on Arsenal Capital Partners, please visit www.arsenalcapital.com.