Industrial Closing Panel: Where are PE firms placing their bets?

Learn which sub sectors of the industrial industry a seasoned group of private equity investors are hoping place capital in the near terms. Also, learn about their longer-term projections for the industry.

SPEAKERS:

Image

T. J. Maloney is the Chairman and CEO of Lincolnshire Management, which he joined in 1993. T.J. is on the Investment Committee and is actively involved with the portfolio companies. Prior to joining Lincolnshire, T.J. practiced merger, acquisition and securities law in New York City. He is the former Chairman of the Boston College Wall Street Council, and has served on the Board of Trustees at Boston College and Fordham University. T.J. has lectured extensively and has been a guest lecturer at several universities including the Columbia University MBA Program. He is the 2007 recipient of the Richard J. Bennett Memorial Award, presented by Fordham Law School in recognition of corporate leaders with the highest moral standards. T.J. previously served on the Board of Directors and the Executive Committee of the English Speaking Union of the United States and the Board of Trustees of The Tilton School. T.J. holds a BA from Boston College and JD from Fordham Law School.

Image

Steven J. Morgenthal is the Managing Director of Argosy Private Equity and established Argosy’s operating partner program and Value Accelerator Methodology (VAM™) in 2007.  He is responsible for general fund administration, developing and assessing investment opportunities, providing strategic management support, and monitoring investments. Steven received his MS in Human Factors Engineering from Stevens Institute of Technology and his BS from Pace University.

Prior Experience includes: Managing Director – SMF Ventures; CEO – Q Group Holdings; Venture Partner – SCP Private Equity Partners; CEO – Regenative Network Management Solutions; President – Opencon Communication Systems; Senior Vice President, Global Product Management and Marketing – Datatec; President, Enterprise Management Division – Computer Horizons; Co-Founder – Unified Systems Solutions; Vice President, Network Technology and Network & Systems Management – General Logistics International; Technical, Product and Marketing Management - AT&T

Image

Jonathan Saltzman is a managing director and co-founder of Torque Capital Group LLC (“Torque”).  At Torque, Mr. Saltzman takes a lead role in the sourcing, structuring, and financing of investments and the management, strategy, and growth of its portfolio companies, all in niche manufacturing.  Together with the firm’s investment team and operating partners, Mr. Saltzman takes a hands-on, operational approach to building value in Torque’s portfolio companies. Before co-founding Torque, Mr. Saltzman was a senior investment professional focused on manufacturing investments at The Cypress Group, a New York-based private equity firm.

Prior to The Cypress Group, Mr. Saltzman sourced and led transactions at BG Strategic Advisors, a boutique investment bank focused on the supply chain sector, leveraging the supply chain and operations experience and network he developed while working as the corporate finance manager of the Amsterdam-based transportation, logistics, and shipping multinational TNT NV (“TNT”). Before TNT, Mr. Saltzman worked in the financial institutions group in Salomon Brothers’ investment bank, where he advised on a broad array of capital markets and M&A transactions for banks, specialty lenders, asset managers, and insurers.  Mr. Saltzman began his career as a public auditor in Ernst & Young’s financial services group.

Mr. Saltzman is currently a director of Brake Parts Inc. (automotive parts manufacturing), Remy International and Maval Industries (automotive parts re-manufacturing), and J-Pac Medical (medical outsourced manufacturing).  Mr. Saltzman was a director of various Torque and The Cypress Group portfolio companies, including in the aerospace, building products, and logistics sectors. 

Mr. Saltzman is a CPA and earned an MBA from The Anderson School at UCLA and a BBA with highest distinction from Emory University.  Mr. Saltzman is active in a variety of industry organizations as well as local charitable organizations in Fairfield County, Connecticut where he resides with his wife and three children and enjoys tennis, mountain biking and travel.

 

Image

Ted Morgan is an industry practice builder for Plante Moran’s private equity, automotive, and plastics industries. As a part of the industry leadership team, Ted focuses on go-to market strategy and activities that enhance the Plante Moran brand and value proposition. Within strategy and operations consulting, Ted leads projects primarily for manufacturing and distribution clients focused on strategic planning, commercial due diligence, market analysis, and business advisory. Having spent half of his career working directly in the manufacturing industry and the other half in consulting, he brings a broad and balanced perspective that helps clients grow profitably.

Ted has been invited to speak at a number of industry events, including the Association for Corporate Growth (ACG), Manufacturers Association for Plastics Processors (MAPP), Plastics News, and Precision Metal Formers Association (PMA). Topics have included industry trends and their impacts, business model analysis, and restarting operations after COVID-19.