Wynnchurch Capital announced that Aron Beach joined the firm as a managing director focused on operations, strategy and portfolio management in a newly created position.
The Rosemont, Illinois-based firm is actively seeking investment opportunities for this $2.3 billion Fund V. Recently the $4.2 billion private equity firm acquired Pennsylvania Machine Works. Other recent investments include Clyde Industries, Eastern Metal Supply, MPL Holdings and two closed-die forging facilities of Allegheny Technologies.
Previously, Beach was the chief financial officer for Advanced Lighting Technologies. He brings with him nearly 20 years of experience as a financial and strategic leader and has overseen acquisitions and divestitures, restructurings and financing for businesses ranging in size from $70 million to $350 million, according to Chris O’Brien, managing partner at Wynnchurch.
“He will help us continue our focus on value creation through active operational and strategic management of our portfolio companies,” O’Brien added.
“I am delighted to work with the Wynnchurch team and look forward to what the future holds,” Beach said.