Align Capital Partners, LP, hired seven new employees, including four in its Cleveland office — Rick Costello, operating partner; Katie Noggle, director of business development; Matt Beesley, vice president; and Dustin Brode, associate. The remaining three new employees are based in the private equity firm’s Dallas office.
“We are excited to welcome all seven new hires to the Align Capital Partners team. They are incredibly talented and support our mission of bringing larger firm institutional best practices to lower-middle-market investing,” Align Capital Partners Managing Partner and Co-Founder Rob Langley said.
Costello spent more than 25 years managing and owning businesses in the manufacturing, distribution, and service industries prior to joining ACP. He has participated in 15 mergers and acquisition transactions totaling more than $300 million in enterprise value. His management experience, leadership, operational expertise, and passion help Align Capital Partners develop its portfolio of companies. He holds a B.S. in Marketing from John Carroll University and an MBA from Case Western Reserve University, where he was a Beta Gamma Sigma Scholar.
Noggle comes to ACP after nearly a decade at KeyBank National Association, primarily in debt capital markets, where she led execution teams in structuring and arranging syndicated credit facilities for public and private companies. In addition to her experience at KeyBank, she worked for FirstMerit Bank where she focused on originating and underwriting cash flow loans to lower-middle-market, private equity owned portfolio companies. She holds a B.A. in finance and business economics, summa cum laude, from Ohio University.
Beesley spent three years at Blue Point Capital Partners, a middle-market private equity firm focused on partnering with entrepreneurs and management teams of niche manufacturing, business service, and distribution businesses. While at Blue Point, he identified and evaluated new investment opportunities, performed detailed due diligence and financial analysis, and worked closely with the senior management teams of portfolio companies to execute against strategic growth initiatives. He earned a B.A. in Business Administration and Economics from Rhodes College.
Brode spent two years working in mergers and acquisitions at KeyBanc Capital Markets before joining ACP this year. While at KeyBanc Capital Markets, he advised clients on both the buy-side and sell-side across a broad range of industries, including industrial manufacturing, healthcare, and food and beverage. He received a B.A. from Harvard University, where he studied Economics and Human Evolutionary Biology.
Founded in 2016 and headquartered in Cleveland and Dallas, Align Capital Partners is a growth-oriented, private equity firm that partners with business owners and management teams to create shared success. The firm closed its inaugural private equity fund, ACP I, in September 2016 after reaching its $325 million hard cap in under four months. Align Capital Partners brings experience and resources to help companies accelerate their growth, to the benefit of management, employees, and the firm’s investors. Align Capital Partners makes control investments in growth-oriented, lower-middle-market specialty manufacturing, distribution, and business services companies. The firm’s founders have extensive experience with these types of businesses, collectively having completed more than 80 investments representing more than $5 billion in enterprise value since 2000. For more information, visit www.aligncp.com.