Private equity firm One Rock Capital Partners announced the addition of Jim Wiegmann to its team of Operating Partners. Wiegmann is involved with evaluating consumer, food and beverage investment opportunities and driving post-acquisition value creation in One Rock’s portfolio companies. He joins One Rock Operating Partners Frank Orfanello, Dr. Kevin Lang, and Tony Palmer – who also focus on improving One Rock’s investment activities and executing value-creation strategies in the consumer, food, and beverage industries.
Wiegmann joins One Rock’s Operating Partner team with 40+ years of experience working in consumer packaged goods and food businesses and driving significant change with privately-held companies. More recently, Wiegmann served as the CEO of OLM Food Solutions, a One Rock portfolio company sold in July 2023 to a strategic buyer. Before OLM, he held executive roles at several consumer companies undergoing significant transformation, including Pro-Pet, Snack Alliance, and Musco Family Olive Company. Wiegmann held roles at Nestle USA, Frito Lay, and Del Monte earlier in his career.
Working with Operating Partners has been a crucial part of One Rock’s strategy since being founded. Wiegmann joins a growing team, which now includes 28 Operating Partners at One Rock.
KEY QUOTES:
“In our recent collaboration at OLM, we found Jim to be a strong and experienced leader who positively impacted our management team and portfolio company. We look forward to finding more opportunities to work closely with Jim as we continue to invest in food and beverage businesses with potential for improvement through operational, commercial and M&A initiatives.”
– One Rock Managing Partner Tony W. Lee
“As a former CEO of a One Rock portfolio company, I experienced firsthand the ability of One Rock’s Operating Partners to accelerate value creation in a business. Now, as a member of the One Rock Operating Partner team, I look forward to helping management teams drive enhanced outcomes for One Rock’s current and future companies in the food and beverage space.”
– Jim Wiegmann
