SALT LAKE CITY--(BUSINESS WIRE)--Peterson Partners today announced that in order to help manage persistent growth, the firm has hired Heather Mercier as a Vice President.
In this position, Mercier will be involved in all aspects of firm activities, including investment sourcing and due diligence, portfolio company support, and internal operations. Mercier has a wealth of private equity and investment banking experience, having worked in the industry for more than a decade.
Prior to joining Peterson Partners, Mercier worked for Rocky Mountain Wealth Concepts, where she was responsible for all daily financial and operational aspects of the organization. As an associate at TA Associates, Mercier was involved in transaction sourcing, execution and portfolio management for over $5 billion of equity and subordinated debt funds.
“The single biggest contributing factor to our firm thriving in a time when much of the nation is facing financial insecurity is the strength of our organization,” said Dan Peterson, managing partner of Peterson Partners. “We have a stellar team in place, and take a lot of pride in bringing on the best people whose skill sets are most closely aligned with our organizational goals. Heather is absolutely the right person for this job, and I have every confidence that she will help Peterson Partners maintain its growth trajectory as we continue to make strategic investments and build profitable partnerships.”
Peterson Partners’ most recent endeavor was a $4 million investment in QMC Telecom International, a Brazilian-based developer of cell towers.
About Peterson Partners
Peterson Partners, based in Salt Lake City, Utah, is one of the Intermountain West’s most successful private equity firms. Specializing in small to mid-sized companies, Peterson Partners has a track record of successful investments including JetBlue, Making Memories, EnergySolutions, 3form, Cranium, Asurion, Instashred, Winder Farms and Diamond Rental. Founded in 1995, Peterson Partners has managed over $400 million in committed capital through five funds. For more information, visit www.petersonpartnerslp.com.