Mr. Wright will lead HBM in three main strategic areas: Oversight and coordination of its acquisitions, management of internal consulting work for HBM’s portfolio companies and development of the Corporate Development team
ST. LOUIS, MO – January 4, 2017 – HBM Holdings today announced that Daniel Wright has been appointed as Vice President of Corporate Development.
Mr. Wright will lead HBM’s efforts associated with its pipeline of potential platform and add-on target acquisitions. He will also oversee the management of internal consulting work for HBM’s portfolio companies, as well as develop the company’s associate team in its Corporate Development group.
“We are thrilled to have Daniel join HBM at such a critical time in the company’s growth cycle,” commented Don Roberts, Chief Financial Officer and SVP, Corporate Development. “Daniel’s professional experience and proven leadership will further strengthen our acquisition processes and enhance the development of our associates. HBM’s patient capital approach towards deploying capital and resources to companies takes thoughtful strategic planning and commitment. Daniel clearly brings these skills to his new role at HBM.”
“I am very excited to be joining such a strong and capable company that is extremely focused on long-term strategic growth,” commented Mr. Wright. “I look forward to working closely with the entire HBM team as we accelerate our acquisition efforts and I am eager to begin working with our portfolio companies to develop smart and actionable corporate development plans.”
Mr. Wright has spent the past seven years at Israeli Chemicals Ltd., most recently serving as the Vice President of its Global Performance Chemicals Business Unit. Previously, Mr. Wright held corporate development positions at Mastercard Worldwide and MARS Incorporated. He holds a Masters in Business Administration from Washington University Olin School of Business, is a CPA and has passed his CFA Level II exam.
ABOUT HBM HOLDINGS
HBM Holdings is an investment and management company that acquires, supports, and operates middle-market businesses in industrial products and services. Our strategy is to grow a diversified portfolio using a long-term buy and build approach. We provide our portfolio companies with professional management expertise, financial resources, and high potential human capital to accelerate their growth. Our firm targets new platform opportunities with EBITDA between $10mm and $25mm in the specialty-manufacturing sector, specifically in industrial equipment and components, energy equipment, transportation equipment (excluding light automotive) and chemical and minerals. HBM’s portfolio of companies includes Mississippi Lime Company, Delavau LLC, Tru-Flex LLC, and Breen Energy Solutions LLC. For additional information, please visit www.hbmholdings.com.