GREENWICH, CT, January 22, 2007 -
Littlejohn & Co., LLC, a private investment firm that applies
an operational approach to building middle-market companies, today
announced the promotion of David Simon as a Managing Director. His
appointment brings to seven the number of Managing Directors at
this firm of 17 professionals.
"We have an outstanding group of talented professionals and we are committed to recognizing their accomplishments as we continue to grow our firm and target attractive investment opportunities," said Angus C. Littlejohn, Jr., Chairman and CEO of Littlejohn & Co. "Since David joined our firm he has been involved in a number of our key investments and has applied our operational approach to building value. All of us respect and admire him and look forward to working with David in his expanded capacity as we identify opportunities to create value for our investors."
Mr. Simon joined Littlejohn in 2001 and was named a Principal in 2006. He has been responsible for acquisitions, divestitures and oversight of portfolio companies. Prior to joining the firm, Mr. Simon was at Fenway Partners, where he evaluated, structured, and monitored private equity investments. Prior to that, he was in the Financial Entrepreneurs Group of Smith Barney Inc. where he advised private equity firms and their portfolio companies in a variety of industries. Mr. Simon received an M.B.A. from The Wharton School, with honors and a B.S. in Economics with a concentration in Finance from The Wharton School, magna cum laude.
Littlejohn's recent transactions include the September 2006 acquisition of Stolle Machinery Company, the leading global provider of machinery, tooling, spare parts and services to the beverage and food can-manufacturing industry and the sale of Eliokem, a leading international specialty chemicals concern purchased from the Goodyear Tire & Rubber Company.
About Littlejohn & Co., LLC
Founded in 1996, Littlejohn & Co., LLC is a control-oriented private equity firm seeking investment opportunities in the middle market sector that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. The firm is based in Greenwich, Connecticut. For more information, visit www.littlejohnllc.com or Littlejohn can be reached at 203-552-3500.