Texas-based private equity firm Teakwood Capital has appointed Ed Olkkola as a managing director.
Texas-based private equity firm Teakwood Capital has appointed Ed Olkkola as a managing director.
Olkkola will be heavily involved in building existing portfolio companies as well as sourcing, closing and building future portfolio companies.
Olkkola was previously senior vice president of new products and business development for A. H. Belo. Prior to this, he spent nine years with Austin Ventures, which he joined in 1998 as a general partner and established the firm’s hardware/systems investment practice. Olkkola has had many notable exits, including Agere Systems, Sychip, Santera Systems, and Navini Networks.
"They don’t come any better than Ed. Teakwood’s investors and Teakwood’s portfolio companies will benefit materially from Ed’s contribution. Our existing portfolio will be able to leverage his experience, and he provides the proven capabilities to continue driving Teakwood’s success," says Shawn Kelly, managing director of Teakwood Capital.
Teakwood focuses on management buyouts as well as growth equity investments in companies in Texas and neighbouring states.
