NEW YORK--(BUSINESS WIRE)--PWP Growth Equity, the middle market private equity group of Perella Weinberg Partners, today announced the appointment of Daniel H. Leever as an Operating Partner. As an integral member of the PWP Growth Equity team, Mr. Leever will focus on evaluating new investment opportunities and advising portfolio companies in the industrial sector.
Mr. Leever is a 30-year veteran of the industrials industry. Most recently, Mr. Leever was Chief Executive Officer of Platform Specialty Products Corporation (PSP), a multinational specialty chemical manufacturer. Mr. Leever has been associated with PSP and its predecessor companies since 1983.
Chip Baird and David Ferguson, Co-Heads of PWP Growth Equity, said, “Dan is a talented executive with an impressive record of building and creating value. His experience and insight will be invaluable to our deal sourcing efforts and to the companies with which we partner.”
“PWP Growth Equity has a successful track record of identifying and partnering with management teams to facilitate growth. I look forward to working closely with Chip, David and the team to help identify investment opportunities and counsel companies as they pursue their growth ambitions,” said Mr. Leever.
PWP Growth Equity closed PWP Growth Equity Fund II in May 2017 with total commitments of $750 million.
Biography – Daniel H. Leever
Mr. Leever is the former Chief Executive Officer of Platform Specialty Products Corporation (PSP). Mr. Leever has been associated with PSP’s predecessor companies since 1983. In 1990, Mr. Leever was appointed President and Chief Executive Officer, and in 1998, Chairman and Chief Executive Officer of MacDermid Inc., the predecessor to PSP. In 2007, Mr. Leever lead the buyout of MacDermid as a public entity and in 2013 participated in the acquisition of MacDermid by PSP, which was then listed on the New York Stock Exchange in 2014.
About PWP Growth Equity
PWP Growth Equity is the middle market private equity group of Perella Weinberg Partners, managed by Chip Baird and David Ferguson. PWP Growth Equity is focused on growth-oriented, lower middle market companies, primarily in the United States, across the consumer, services, and industrial sectors. PWP Growth Equity seeks to partner with existing owners and management teams, providing both capital and experience in a tailored and flexible structure, to support the growth plans and vision for value creation. PWP Growth Equity Fund I investments include: Luna Grill, Hyphen Solutions, Black Bear Diner, MOD Pizza, Build-A-Sign, MSA Security, Western Window Systems, and YouFit Health Clubs. PWP Growth Equity announced the sale of Trench Plate Rental Co. to funds managed by the Power Opportunities Group of Oaktree Capital Management, L.P. in October 2016. For more information on PWP Growth equity, please visit http://www.pwpgrowthequity.com/.
About Perella Weinberg Partners
Perella Weinberg Partners is a leading independent, client-focused financial services firm providing advisory, asset management and energy securities research, underwriting and trading services to a broad, global client base, including corporations, institutions and governments. Together with its affiliates, the Asset Management business has capital commitments and managed assets of approximately $13.4 billion. With more than 650 employees, Perella Weinberg Partners maintains offices in New York, Houston, London, Abu Dhabi, Denver, Dubai, San Francisco, Calgary, and Los Angeles. For more information on Perella Weinberg Partners, please visit http://www.pwpartners.com.