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MidOcean Partners appoints Mark Angelson as chairman

Former RR Donnelley chief executive Mark A. Angelson has joined the New York- and London-based private equity firm MidOcean Partners as chairman.


Former RR Donnelley chief executive Mark A. Angelson has joined the New York- and London-based private equity firm MidOcean Partners as chairman.

Prior to joining MidOcean, Angelson, 56, helped to transform the printing industry by combining RR Donnelley and other leading firms in the Americas, Europe and Asia to create the world’s largest provider of printing and related services.

He was previously chief executive of Moore Wallace, at that time was North America’s third largest printing company. Angelson was a principal architect of the merger of RR Donnelley and Moore Wallace and the earlier merger of Wallace and Moore, where he served as non-executive chairman and lead independent director.

‘Mark brings a unique skill set, as an accomplished private equity professional, corporate chief executive and leader,’ says Ted Virtue, founder and chief executive of MidOcean. ‘His extensive experience in the US and European markets and his familiarity with our people and platform will provide an immediate and significant benefit to us.

‘In addition to providing invaluable help in a leadership role, collaboratively and collegially with the other senior members of the firm, Mark will take responsibility for our executive board and will co-ordinate the broad group of management resources that forms a core part of our investment strategy.’

Graham Clempson, European managing partner of MidOcean, adds: ‘A number of us know Mark Angelson well as a member of our executive board, and from his contribution to the value creation in earlier investments in Big Flower Press and Moore Corporation. His many years of experience in the UK should be of particular help to us as we continue to expand our platform in Europe.’

Angelson was earlier deputy chairman at Big Flower Press, and its successor, Vertis. At Big Flower, he was involved in approximately 30 acquisitions and related financings, and the USD2bn leveraged recapitalisation and sale of control of the company. He was also deputy chairman of Chancery Lane Capital. Angelson began his career as an international lawyer with law offices in Singapore, New York and London.

MidOcean Partners focuses on the middle market and targets sectors including consumer and leisure, media and communications, business and financial services and industrials.

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