Private equity firm names managing director
A man who earned his M.B.A. from Harvard Business School is the new managing director at a private equity firm.
Grand Rapids-based Blackford Capital said yesterday that it has named Jeffrey Johnson to the role.
Johnson will join Martin Stein, Jeff Helminski and Jack Kolodny on the team of managing directors at Blackford Capital.
Stein, the founder of Blackford Capital, said Johnson has sector experience in a number of the industries the firm’s portfolio companies represent, and he will be instrumental in achieving growth and deal initiatives going forward.
“Jeff has an excellent private equity reputation for devising innovative financing, restructuring and exit strategies,” Stein said. “He is a proven leader with success in acquisition integration and growth planning and has had quantifiable success at originating, structuring and executing public and private investments across North America, Europe and Asia.”
Most recently, Johnson served as managing director for Gilbert Global Equity Partners, which is private equity fund launched by Soros Quantum Funds alumni and has locations in New York and New Canaan, Conn.
Johnson was a founding member of the private equity fund and a board member and oversight member of five portfolio companies. He originated, structured and closed “growth-oriented platform investments” up to $150 million to build financial and operational shareholder value.
Previously, Johnson held various positions in finance: in the alternative investment practice as a director at Russell Investments, a global asset management firm; in business development as co-manager of Hallmark Cards’ acquisition and divestiture activities; and in mergers and acquisitions as an investment banker at Goldman, Sachs & Co.
He also holds a B.A. in economics from Claremont McKenna College.
Blackford Capital focuses on the acquisition, management and building of middle-market companies with revenues between $20 million and $100 million in the manufacturing, distribution and service industries.
The firm was founded in 1999 and has eight portfolio companies located throughout the country.