
ICV CAPITAL PARTNERS STRENGTHENS MANAGEMENT TEAM WITH PROMOTION OF LLOYD METZ TO MANAGING DIRECTOR
NEW YORK, January 8, 2007 -- ICV Capital Partners, LLC (ICV), a private investment firm focused on investments in smaller middle market companies, announced today the promotion of Lloyd Metz to Managing Director.
Willie E. Woods, President of ICV, said, "All of us at ICV take great pleasure in acknowledging the many achievements Lloyd has made to our firm since he joined in 2002. Lloyd understands our approach to investing in the lower middle market and he shares our enthusiasm for the future as we continue to work together to target attractive investment opportunities and to make them better performing companies."
Prior to joining ICV, Mr. Metz was a Vice President with the New York-based private equity firm Warburg Pincus. He was involved in investments across all stages of corporate development, from venture financings to acquisitions and going-private transactions. Prior to Warburg, Mr. Metz was in the High Yield Capital Markets group at Morgan Stanley, a consultant with Bain & Company, and worked in the equity capital markets and mergers and acquisitions groups at JP Morgan.
He is a director of ICV portfolio companies Innovative Folding Carton Company and Entertainment Cruises. Mr. Metz has a BS degree in industrial engineering from Stanford University and a Masters in Business Administration from Harvard Business School.
ICV recently completed raising ICV Capital Partners II, L.P. and since then announced the creation of the leading operator of dining and entertainment cruises in Entertainment Cruises Inc., with the combination of Spirit Cruises and portfolio company Premier Yachts, Inc.; completed the sale of its portfolio company AAMP of America, a leading developer, marketer and distributor in the 12-volt mobile audio after-market accessory industry; and completed the sale of Hilsinger Holdings, Inc., a leading provider of eyewear and eye care accessory products and supplies in the U.S. and U.K.
About ICV Capital Partners, LLC:
ICV Capital Partners is a private investment firm with over $440 million in committed capital from well known institutional investors. ICV pursues a value-oriented investment strategy to invest in strong companies with market leading positions in partnership with management. ICV is managed by four senior investment professionals who have extensive experience in sponsoring management teams and building businesses. In addition, ICV has two co-sponsors, the Initiative for a Competitive Inner City (founded by Harvard Business School Professor Michael E. Porter) and American Securities Capital Partners, L.P. (a $2 billion New York-based private equity firm). Additional information is available at www.icvcapital.com.
Download this page as a PDF.
|