Key Principal Partners, a USD1bn private equity and mezzanine firm that makes investments in growing middle-market companies, has announced the promotions of Dan Kessler and Beth Laschi
Key Principal Partners, a USD1bn private equity and mezzanine firm that makes investments in growing middle-market companies, has announced the promotions of Dan Kessler and Beth Laschinger to principal, and Jon Leffers and Mike Mayon to associate.
Kessler (pictured) and Laschinger are based in Cleveland, Ohio, Leffers in Greenwich, Connecticut and Mayon in San Francisco.
‘Dan, Beth, Jon and Mike are exceptional professionals and we’re pleased to announce their promotions,’ says Key Principal Partners chairman John Sinnenberg. ‘We’re well-positioned in this market due to our flexible capital structure and ability to make both non-control and control investments of mezzanine and equity capital, and these promotions are a reflection of expected market opportunity for KPP in 2009 and beyond.’
Kessler joined KPP in 2001 from GlobalStreams, a developer of streaming media management software, where he served as vice president. Prior to GlobalStreams, Kessler spent five years at PricewaterhouseCoopers where he was a manager in the M&A transaction services group. He is a director of Gourmet Boutique, Kellermeyer Building Services and MC Assembly Holdings; in addition, Kessler is a board observer for Anomatic Corporation, Imperial Bag and Paper Company, Kan-Pak and OAO Technology Solutions.
Prior to joining KPP in 2000, Laschinger was an associate in the investment banking division of McDonald Investments. While at McDonald Investments, she was actively involved in the completion of a variety of corporate finance transactions including private equity offerings, mergers and acquisitions, private placements and fairness opinions. She has also served as an analyst at Carlton, McCreary, Holmes. Laschinger is a director of Plastival and ATIS Group; she also is a board observer for EPIC Technologies and Trantech.
Leffers joined KPP in 2005 from Wasatch Venture Fund, a Salt Lake City-based venture capital firm, where he was responsible for analysing early-stage investment opportunities in the information technology, biotechnology, records management and biometric markets. Leffers also held positions at University Venture Fund, Gateway Computers and the United Parcel Service. Leffers is a director of Alpha Sintered Metals.
Mayon was previously an analyst in the natural resources investment banking group of Banc of America Securities before joining KPP in 2006. While with BAS, Mayon completed a number of debt and equity offerings for publicly traded domestic and international firms. He was also an analyst with Growth Capital Partners, an investment and merchant banking firm in Dallas, TX. Mayon is a board observer for QPM Aerospace and Sagus Acquisition.