Star Mountain Capital has appointed Adam Fitzner as Managing Director and Strategic Portfolio Partner, adding a private equity and operational value creation executive with more than 30 years of experience to its approximately $5 billion AUM lower-middle-market investment platform.
Fitzner will work with Star Mountain and its portfolio companies to strengthen operating performance and support value creation.
His experience spans private equity investing, board leadership, restructuring and operational improvement across more than 60 businesses in growth, transformation and complex situations.
Fitzner has worked across industrial, business services, consumer, financial and technology-enabled businesses, with particular experience involving founder-, entrepreneur- and family-owned lower-middle-market companies.
Over his career, he has raised or invested more than $3 billion of new capital and restructured more than $5 billion of debt.
Before joining Star Mountain, Fitzner spent a combined 14 years at Hamilton Robinson Capital Partners and Corinthian Capital Group, where he sourced, executed and managed control private equity investments and strategic acquisitions.
His responsibilities included serving on investment committees and portfolio company boards and implementing value creation initiatives involving culture, leadership, strategic planning, commercial growth, operational improvement, digital transformation, financial management and acquisition integration.
Earlier, Fitzner spent approximately 12 years advising companies, boards, private equity sponsors and creditors at Evercore, Miller Buckfire, Houlihan Lokey and Phoenix Management. His work included operational turnarounds, restructurings, financings and M&A.
Star Mountain has completed more than 100 direct platform investments and 50 secondary and fund investments in the North American lower-middle market since 2010.
KEY QUOTES:
“Adam’s combination of private equity investing experience and deep operational expertise in the lower middle-market makes him an exceptional addition to our team,” said Brett Hickey, Founder and CEO of Star Mountain Capital. “His track record of building high-performance teams, executing value-creation plans and navigating complex business situations aligns directly with our mission of being a true value-add partner to the entrepreneurs and management teams we back.”
Brett Hickey, Founder and CEO of Star Mountain Capital
“Star Mountain’s focus on culture and people and its differentiated approach to the lower middle-market, including its advanced use of technology, breadth of lower middle-market solutions (debt, equity, secondaries, NAV loans and fund solutions) and its deep commitment to partnering with small businesses, represents exactly the kind of platform I have been interested in joining,” said Mr. Fitzner. “I look forward to helping our portfolio companies reach their full potential and optimizing value for our management team partners and investors.”
Adam Fitzner, Managing Director and Strategic Portfolio Partner at Star Mountain Capital