Chicago, IL, March 3, 2008 – WHI Capital Partners announces that Scott M. Murray, former Managing Director of Madison Capital Partners and co-founder of Pfingsten Partners, L.P., has joined WHI Capital Partners’ Advisory Board.
“Bringing
over 30 years of experience, Scott has one of the best track records in middle
market private equity,” said Adam Schecter, Managing Partner of WHI Capital
Partners. “His leadership skills and insights have made him consistently
successful in his endeavors and we are extremely fortunate to have him join our
Advisory Board.”
Mr. Murray
has achieved success over his 30 year career lending to, advising and buying
middle market manufacturing and distribution companies. The last 19 years he was involved in building
two successful private equity firms as a co-founder and Managing Director;
first at Pfingsten Partners, LP in 1989
and then at Madison Capital Partners in 1994.
Madison Capital focused its acquisition activity on underperforming and
under-managed industrial manufacturing companies principally in the capital
goods and plastics industries. During
his tenure, Madison acquired 18 companies and achieved top quartile returns
without incurring any losses. Scott has
been a member of the board of directors for all of Madison Capital’s portfolio
companies and instrumental in Madison’s consistent success. Additionally, Scott focused his efforts on
generating new acquisition opportunities and raising capital. Prior to Pfingsten Partners, Mr. Murray was
an investment banker in the Mergers and Acquisitions group of Citicorp
Securities Markets and in Corporate Finance with Continental Illinois National
Bank in Chicago.
About WHI Capital Partners
WHI Capital Partners (www.whicapital.com) is a Chicago-based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10 - 100 million. WHI Capital Partners focuses on creating a true partnership with a company's management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value. Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its near-term and long-term opportunities.