LOS ANGELES--(BUSINESS WIRE)--Pacific Avenue Capital Partners, LLC (“Pacific Avenue”), a Los Angeles-based private investment firm, announced that John “Jack” Marut joined the firm. Jack joins the firm as a Senior Associate who will focus his efforts on deal evaluation, due diligence and execution, and portfolio operations.
“We are excited to add Jack to the expanding Pacific Avenue Team,” said Chris Sznewajs, Founder and Managing Partner of Pacific Avenue Capital Partners. “Jack’s experience and background fits very well with the existing approach of our team. Jack will support efforts on new platform investments while also partnering with our existing investment portfolio at Emerald Textiles, LLC, Sterile Processing Services of America LLC, and Cameron Ashley Building Products, Inc.”
Pacific Avenue seeks control investments in businesses that have the potential for transformational upside while employing a collaborative approach to drive superior growth. Pacific Avenue pursues assets that have a strong, defensible offering, where there is an opportunity to drive operational or strategic change (i.e. corporate carve-outs, legacy/generational management transitions, an evolving market/industry, growth challenges, etc.). The team has an ability to effectively navigate difficult, complicated and time sensitive transactions. Pacific Avenue looks for assets in the following sectors; general industrials, building products, healthcare services, business services, automotive, and aerospace & defense. Investment size ranges from $50 million to $350 million in enterprise value.
Prior to joining Pacific Avenue, Jack Marut served as an Associate at KPS Capital Partners, LP, where his responsibilities included deal evaluation, due diligence, and portfolio maintenance. Prior to KPS, Jack was an Investment Banking Analyst in the Industrials Group at Nomura. Jack holds a B.S. degree in Finance and Accounting from Boston College.
About Pacific Avenue Capital Partners
Pacific Avenue Capital Partners, founded by Chris Sznewajs, is a Los Angeles-based private investment firm with deep expertise in operations and growth enhancement in the middle market. Pacific Avenue acquires controlling interests in businesses across multiple industries including industrials, building products, healthcare services and business services. Pacific Avenue, in conjunction with its operating executives, partners with exceptional management teams to assist businesses in unlocking value and reaching their full potential. Pacific Avenue’s portfolio has more than $800 million in combined revenue. For more information, please visit www.pacificavenuecapital.com.