NEW YORK–(Business WIRE)–Aug 10, 2021–

MidOcean Partners (“MidOcean”), a premier New York-dependent substitute asset supervisor specializing in middle-market personal equity and alternative credit history investments, announced these days that Eric Gordon and Bob Myers have joined the company as Operating Companions. Myers and Gordon, together with MidOcean’s current community of seasoned Operating Companions, provide substantial strategic and purposeful expertise to the organization and will be instrumental in assisting MidOcean execute on its worth-extra, running expertise tactic to middle sector investing.

Eric Gordon, a senior executive with more than 30 yrs of technological innovation management encounter, has been equally a CIO and a strategic advisor to global firms in the retail, consumer products and solutions, fiscal solutions, healthcare and hospitality sectors. He will guide MidOcean’s technological know-how-related efforts about strategic growth highway mapping and cost optimization across the firm’s portfolio corporations as properly as on new opportunities the organization is analyzing.

Gordon is now the President of Versitae, an progressive engineering outsourcing organization that delivers increased offshore IT solutions. He has served in a CIO potential at companies like Michaels Retailers, Collective Models, Art Van Home furnishings, and CEC Enjoyment. Gordon has designed a thriving vocation driving company value as a result of technological innovation and by reworking IT corporations to adapt to a altering digital entire world while preserving a responsible price construction. He commenced his occupation at Andersen Consulting and has also held senior management roles at Relatives Dollar and Springs World wide.

David Kieselstein, Chairman of MidOcean’s private fairness small business, commented, “We are thrilled to have Eric Gordon on board as he delivers a exceptional blend of both depth and breadth of engineering expertise. He has excelled throughout an array of business sectors and delivers distinctive views as both of those an operator and an advisor with regard to driving transformation by way of know-how. He is completely suited to get the job done across the two our customer and enterprise services portfolio providers to generate general performance.”

Bob Myers is a highly completed c-suite chief with considerable experience furnishing strategic, money and operational leadership and will work right with MidOcean’s financial investment groups and portfolio corporation senior management with a aim on enhancing the digital capabilities of its present portfolio companies and examining potential future investments.

Myers most just lately served as President and Main Executive Officer of the American Accomplishment Corporation (AAC), a foremost producer and digital retailer of tailored graduation products and solutions and services. Prior to AAC, Myers was President and Chief Government Officer of Sheplers Westernwear while during his tenure grew to grow to be the world wide e-commerce vacation spot for western put on, shipping and delivery to in excess of 180 nations. Beforehand, he used 10 many years at QVC. Although at QVC, Myers was dependable for all facets of QVC.com and grew the system from startup to about $2 billion in yearly income on the system. Before in his vocation, Myers held a wide range of roles at JCPenney throughout his 15+ yrs with the organization which includes the startup of JCP.com and has served as a board director to numerous notable makes like the Nationwide Retail Federation, Store.org, and K&N Engineering.

Eric Roth, Running Director at MidOcean, commented, “Bob Myers is an terribly gifted chief who is uniquely positioned to reinforce MidOcean’s capability to push digital transformation across our portfolio.” Roth also observed, “I have regarded Bob for several several years and he is really highly regarded as a considerate and resourceful collaborator across the buyer marketplace. His extensive-phrase successes communicate for by themselves and we are grateful to have him on the MidOcean staff.”

About MidOcean Companions

MidOcean Companions is a premier New York-primarily based substitute asset supervisor specializing in middle-sector non-public fairness and alternative credit investments. Given that its inception in 2003, MidOcean Private Equity has focused investments in high-high-quality middle-marketplace corporations in the client and business enterprise providers sectors. MidOcean Credit rating Partners was released in 2009 and at the moment manages a collection of alternate credit score procedures, collateralized personal loan obligations (CLOs), and tailored individually managed accounts.

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Make contact with: MidOcean Trader Relations Contacts:

Allison Donohue/Leslie Tanca

[email protected] Contacts:

Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257-4170

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Resource: MidOcean Associates

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PUB: 08/10/2021 09:51 AM/DISC: 08/10/2021 09:51 AM

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