Swander Pace Capital announces internal promotions
SAN FRANCISCO & BEDMINSTER, N.J. — (BUSINESS WIRE) — Swander Pace Capital (“SPC”) is pleased to announce the following promotions recognizing each employee’s significant and long-term contribution to the organization.
Alex Litt has been promoted to Managing Director. Alex joined SPC in 2013 and worked with 14 portfolio companies during his time at SPC. He is a member of the Investment Committee and currently serves on the boards of Fine Choice Foods, Captek, Mommy’s Bliss, and Swanson Health Products and previously served on the boards of T-Bev, Functional Formularies, and Reliance Holdings. Prior to SPC, Alex worked at Houlihan Lokey in New York, where he focused on middle-market merger and acquisition transactions in the Consumer Products and Health and Wellness categories. Alex graduated from Vanderbilt University with a B.A. in Economics and a minor in Financial Economics and Corporate Finance.
Scott Kania has been promoted to Director – Portfolio Operations. Scott has been dedicated to value creation at SPC portfolio companies since 2016 with a focus on finance/tax, operations, IT, liquidity, and special situations. Scott currently serves as interim CFO of SPC portfolio company Captek and previously served as interim CFO of Cafe Valley, Mommy’s Bliss, Max Solutions, TBEV, Passport Food Group, HALO/Aden & Anais, and Reliance Vitamin. Prior to SPC, Scott worked as CFO for a single-family office that invested across a broad range of industries and investment profiles. Scott received his BA in Economics/Accounting from College of the Holy Cross.
Mike Merriman has been promoted to Senior Vice President. Mike joined SPC in 2016, currently serves on the boards of Fine Choice Foods, Oregon Ice Cream, and St. Methode, and previously served on the boards of Backerhaus Veit and HALO/Aden & Anais. Prior to joining SPC, Mike worked as an Investment Banking Analyst at Sawaya Partners, where he focused on CPG middle-market merger and acquisition transactions. Prior to that he was an Associate in the Healthcare Leveraged Finance Group at GE Capital. Mike received a BS in Finance from Fairfield University.
About Swander Pace Capital
Swander Pace Capital (SPC) is a private equity firm that invests in companies that are integral to consumers’ lives. SPC’s consumer industry experience informs the firm’s strategic approach and seeks to add value through access to its SPC Playbook, senior team, and extensive network. The firm partners with management teams to help build companies to their full potential. SPC invests in businesses across two key domains of consumer lifestyles: Food and Beverage and Health and Wellness. With offices in California and New Jersey, SPC has invested in approximately 65 platform companies and raised cumulative equity commitments of approximately $2.2 billion since 1996. For more information, visit www.spcap.com.
Contacts
Jeremy Milner
BackBay Communications
(401) 862-9422
