Global investment firm KKR is partnering with Andrew K “Andy” Silvernail, the former chairman and CEO of Madison Industries and IDEX Corporation, to pursue new acquisition opportunities.
Silvernail will work alongside KKR as an Executive Advisor to evaluate Americas investment opportunities across multiple sectors, including industrials, health care, and consumer products. Once a company is acquired, Silvernail will collaborate with KKR to drive breakthrough operating performance and implement KKR’s broad-based employee ownership program. Silvernail will be spending a portion of his time advising on investments for KKR Ascendant, a new strategy within KKR’s Americas Private Equity platform that focuses on investing in middle market businesses across the same sectors and themes as the broader platform.
Silvernail brings over two decades of experience leading and managing large global companies. Most recently, he served as Chairman and CEO of Madison Industries, one of the world’s largest privately held companies. Prior to that, he was Chairman and CEO of IDEX Corporation from 2011 to 2020, where he oversaw more than 500 percent growth in total shareholder return. Before joining IDEX Corporation, Silvernail held executive positions at Rexnord Industries, Newell Rubbermaid and Danaher Corporation. He also serves on the Board of Directors of Stryker Corporation.
