NEW YORK, NY, December 13th – Brightstar Capital Partners (“Brightstar”), a private investment firm that partners with closely-held, family-owned middle market companies, has announced the promotions of Renee Noto to President, Matthew Allard to Partner and Ronak Amin, Ross Kilroy and Lindsey Tannenbaum to Principals. The firm also announced that Reidar Brekke has joined as a Senior Partner and Jarrett Arkin as a Vice President.
On making the announcement, Andrew Weinberg, Founder, CEO and Managing Partner said: “These promotions and appointments further ensure the firm’s leadership is well positioned as we continue to grow and pursue new investment opportunities in the middle market.”
Mr. Weinberg continued: “Renee has been an invaluable partner to our team since we launched Brightstar. This announcement is a testament to her depth of experience and leadership. I’m excited to continue to work with her as we grow Brightstar.”
Matthew Allard has been with Brightstar from its early days and has been instrumental in structuring and leading many of the firm’s investments. He serves as the Vice Chairman of the Board of QualTek and a Board member of Texas Water Supply Company, both Brightstar portfolio companies.
“I have had the pleasure of working with Matt since 2003 and his strong values, experience and investment acumen continue to enhance the value we bring to our portfolio companies.” said Mr. Weinberg.
Announcing the promotions of Mr. Amin, Mr. Kilroy and Ms. Tannenbaum to Principal, and appointment of Mr. Arkin as VP Mr. Weinberg noted: “These promotions and new appointment mark the end of a fantastic year for Brightstar and represent the continued growth and strength of our firm. Ronak, Ross and Lindsey have each played a key role in our investments, adding significant value to our portfolio companies on behalf of our investors and partners. They demonstrate on a daily basis the skills and characteristics that we value as a firm and I’m proud to be able to recognize this by advancing them to Principal.”
Brightstar is also pleased to announce that Reidar Brekke has joined as Senior Partner. Since 2003, Mr. Brekke has worked closely with Mr. Weinberg on investments and management in the transportation and logistics sectors. He also helps expand Brightstar’s relationship network in the Southeastern U.S.
“As opportunities in the middle market continue to grow, we have correctly positioned Brightstar to take advantage of these opportunities and Reidar expands both our sector expertise and geographic footprint,” said Mr. Weinberg. “We’re thrilled to welcome him to the firm.”
About Brightstar Capital Partners
Brightstar Capital Partners is a private equity firm focused on investing in closely-held companies. Brightstar seeks partnership opportunities with exceptional management teams where it is uniquely positioned to drive value creation. Brightstar seeks control investments and employs an operationally intensive approach to investing that leverages its extensive experience and relationship network. For more information please visit www.brightstarcp.com.