Sorenson Capital Appoints Mark Ludwig to Managing Director, Promotes Two Senior Staff Members and Hires New Vice President Private Equity Firm Bolsters Leadership Team to Capitalize on Investment Opportunities Business Wire SALT LAKE CITY -- March 27, 2013 Sorenson Capital Partners today announced the promotion of Mark Ludwig to managing director, Don Blohm to performance group operating partner and Peter Sturgeon to principal. In addition, Bert Roberts has joined the team full-time as vice president. “With the team we have in place, Sorenson Capital has the talent and expertise required to deliver exceptional value for our portfolio companies,” said Fraser Bullock, managing director of Sorenson Capital. “Mark, Don, Peter and Bert have continually proven their value to our firm’s portfolio companies and shareholders. We have every confidence in our team’s ability to partner and grow with the complex, compelling businesses we invest in, and look forward to gearing up for new investment opportunities in the coming year.” In less than a decade at Sorenson Capital, Ludwig has ascended from analyst to managing director. Ludwig was the chairman of NCS Energy Services, and proved instrumental in the sourcing, growth and exit of the company, one of Sorenson Capital’s most successful investments. He currently sits on the board of Custom Control Concepts. Prior to joining Sorenson Capital, Ludwig was an associate consultant with Bain and Company. After joining Sorenson Capital in 2010 as performance group vice president, Blohm was instrumental in the operational transformation of Mity-Lite, which resulted in the company being named 2011 Manufacturer of the Year by the Utah Manufacturers Association. He also assisted NCS Energy Services in building an efficient and effective supply chain to help facilitate substantial growth. In addition, Blohm acted as the interim chief operating officer for Re-Bath and interim vice president of operations at Goal Zero. Prior to joining the firm, he was vice president of worldwide operations for Flowserve Corporation, one of the world's largest manufacturers of pumps, valves, seals and components to the process industries. As vice president at Sorenson Capital, Sturgeon has played a key role in the recent exits of Southeast Directional Drilling, M&M Pipeline Services and RWI Construction while serving on their respective boards of directors. He also assisted in the recent acquisition of Custom Control Concepts. Previously, Sturgeon was an associate with the Boston Consulting Group (BCG). Prior to joining Sorenson Capital in his new role as vice president, Roberts was a significant contributor to the firm’s proprietary deal sourcing efforts as a consultant. He played a key role in sourcing two recent investments for the firm – Health Catalyst and AccessData Group. Previously, he was a vice president of institutional client services at Wasatch Advisors. About Sorenson Capital Sorenson Capital (www.sorensoncapital.com) is a private equity fund that makes small to middle-market buyout and growth equity investments. Sorenson Capital has $650 million in capital under management and typically makes investments of $10 to $25 million in companies with unique strategic positions. Sorenson Capital is managed and controlled by West Rim Capital and is based in Salt Lake City, Utah. Contact: Sorenson Capital Public Relations Jacob Moon 801.461.9797 firstname.lastname@example.org
Sorenson Capital Appoints Mark Ludwig to Managing Director, Promotes Two Senior Staff Members and Hires New Vice President
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