Today is Manufacturing Day 2015!
Hamilton Robinson Capital Partners is pleased to announce that it has expanded its team with the addition of James (Jim) Parmelee. Jim has joined the team as a Managing Director.
Jim is currently a director of GrayMatter, Hamilton Robinson’s newest acquisition, and has over 25 years of experience in private financings and equity research where he specialized in the industrial and technology sectors. Prior to joining HRCP, Jim was a partner at Peak Ten Capital and Union Square Advisors. He began his career as an equity research analyst covering the technology industry for the First Boston Corporation (Credit Suisse) and was consistently recognized as a top-rated analyst by Institutional Investor Magazine and the Wall Street Journal.
“Jim has already contributed to a successful acquisition and we are excited to have him join our team,” said Managing Partner, Scott Oakford. “Jim has a diverse network of contacts in both the industrial and technology sectors of the market, as well as extensive experience in evaluating, structuring and creating value in companies.”
Jim earned a B.A. from Trinity College and an M.B.A from Columbia University’s Graduate School of Business.
Hamilton Robinson Capital Partners’ newest portfolio company, GrayMatter, announces the acquisition of Technical Marketing Manufacturing, Inc. (“TMMI”). TMMI, headquartered in Denver, CO, accelerates GrayMatter’s growth plan westward, providing operational technology solutions to customers in Colorado, Utah, New Mexico, Nevada, Wyoming, Arizona, Idaho and Montana.
One of Pittsburgh’s fastest growing companies, GrayMatter targets tripling revenue and employees over the next few years. “The market has caught up to what we do and now is the time to capitalize on it,” said GrayMatter CEO, Jim Gillespie. “Hamilton Robinson’s investment last November has allowed GrayMatter to rapidly expand its efforts to digitally transform industrial operations and empower people in the manufacturing, water and energy markets. Our teams both work tirelessly to solve operational problems for our customers. Not only is investing in TMMI a good market fit, it’s a fantastic cultural fit,” said Gillespie.
“It’s our turn to be part of a bigger story in the power and momentum of the Industrial Internet. GrayMatter’s investment will give us the financial backing to accelerate our team’s success,” said Michael Karty, CEO of TMMI.
“We are excited to have Mike and the entire TMMI team join the GrayMatter organization. In addition to opening a new geography for GrayMatter in the mountain region, we see tremendous opportunity to engage customers with core GrayMatter service offerings like digital assessments, implementations and managed services, stated Brandon Richter, Managing Director at Hamilton Robinson Capital Partners. Jim Parmelee, Managing Director at Hamilton Robinson Capital Partners commented, “The fit is fantastic and we should add value to our customers starting on day one.”
ABOUT GRAYMATTER
GrayMatter is a technology and consulting company headquartered in Pittsburgh, PA committed to transforming operations and empowering people in critical infrastructure environments. Winner of Inc.’s Best Places to Work and Fastest Growing Companies for the past two years, GrayMatter is rapidly expanding as a premier operations technology provider.
| Horizon Food Equipment, Inc. Announces Recapitalization with Hamilton Robinson Capital Partners
August 8, 2013 – Schenectady, New York Horizon Bradco (operating under the Horizon Bradco and Bake-Rite International brands), a leading service provider and distributor of commercial and industrial food processing equipment, announced today that it has completed a recapitalization with management and an investor group led by Hamilton Robinson Capital Partners. Horizon Bradco will remain an independent company with substantial ownership by the founders, and the same group of Horizon Bradco employees will continue their commitment to quality, maintenance and responsiveness.Horizon was founded in 1987 and is headquartered in Schenectady, New York with additional office locations in Massachusetts, North Carolina and Florida. Horizon Bradco is a distributor of the latest innovative technologies in food service equipment and best-in-class service and maintenance to the commercial and industrial food processing industry. Bake-Rite International provides complete bakery equipment solutions for the retail, wholesale and industrial baking markets. Chris Lund, Partner at Hamilton Robinson stated, “We are thrilled to partner with Horizon’s founding entrepreneurs and longtime HRCP Executive Affiliate Mark Panozzo to support the company in its next phase of growth and development. The company’s best-in-class specialized equipment and service offerings represent an outstanding fit with our investment portfolio of leading industrial brands offering technical products and services.” Brian Donovan, Founding Partner of Horizon Bradco stated, “Kathy, Frank, and I are so proud to enter into this new partnership with Mark Panozzo and Hamilton Robinson. We recognize the tremendous opportunity for assistance in growing the Horizon Bradco and Bake-Rite brands. With this new partnership, and the continued commitment of our dedicated staff, the new Horizon group will continue its aggressive growth and expansion plans with a seasoned business leader and a solid investment partner to guide us to the next level of success.” Mark Panozzo, newly appointed CEO of Horizon Bradco shares his enthusiasm, “I am extremely excited about joining the Horizon Bradco and Bake-Rite team. Brian and Kathy Donovan and Frank Corvino have created a dynamic company that is ideally positioned for growth with several of its market leading customers in the supermarket and food service industries. The entire Horizon Bradco and Bake-Rite organization is committed to selling and maintaining the highest quality commercial and industrial food preparation equipment to its many customers every day, which is an ideal environment to step into.” About Hamilton Robinson Capital Partners |