Private equity firm Monomoy Capital Partners has appointed Phil Arra as a Managing Director and the Head of Business Development. Arra will focus on sourcing Monomoy investments from corporate sellers, family owners, specialised intermediaries and other business owners.
Arra has over 20 years of private equity and investment banking experience in the middle market. He joins Monomoy from Terra Verde Partners, a private investment firm focused on acquiring businesses in the environmental sector. Before founding Terra Verde, Mr. Arra was a Managing Director with Hunt Special Situations Group where he focused on corporate divestitures, restructuring and turnaround investments. Prior to his tenure at Hunt, Mr. Arra worked in JP Morgan's mergers and acquisitions practice and at KSL Fairways, an operationally-focused private investment affiliate of Kohlberg Kravis Roberts & Co.
Arra holds an MBA from The Wharton School of the University of Pennsylvania and a BBA in Finance from James Madison University. He also holds a Chartered Financial Analyst designation.
Daniel Collin, a Monomoy partner and its Co-CEO, says: “The principals of Monomoy have had the pleasure of working with Phil on multiple investments over the past 15 years. Phil brings a unique focus and network to the Monomoy platform, and we are confident that he will help the firm source a growing number of acquisition opportunities in the lower middle market. We are excited to welcome Phil as a member of the Monomoy team.”
“Monomoy has built an impressive platform that combines deep value investing with a unique approach to operational improvement and value creation,” says Arra. “Monomoy has a proven track record of closing complex middle market transactions with a variety of sellers, and I look forward to working with the team to expand the firm’s sourcing activity in the coming years.”
