We know what it takes to run and grow businesses profitably because we are operators at heart. Our team consists of financial services professionals, operational leaders with experience in the industry, and in-house value creation teams – finance, strategy & market insights, technology, and talent. These teams work alongside portfolio management to seek to achieve shared aspirations for growth.
At Falfurrias, it all starts with a thesis: the best way to help you grow your business is to know your business. We partner with the most respected experts in the field and immerse ourselves in your industry. Together, we aim to identify the markets with durable growth trends, construct an actionable thesis to create additional value, and, through rigorous testing and analysis, use data, expertise, and tireless investigation to learn how best to strengthen and build differentiated businesses.
CIH
Gravitate
capSpire
Synergy ECP
MOXFIVE
Active Campaign
(pending investment)
American
Safety
Council
RegEd
Training
the Street
O2X
O2X
Active Campaign
(pending investment)
Tax Guard
Marquis
engage fi
Dorsey Wright
& Associates
Crosslake
DealCloud
Chargeback
Gurus
Tax Guard
RegEd
Capital Bank
Commercial
Credit Group
Training
the Street
CIH
Active Campaign
(pending investment)
Local Hive
Sauer Brands
Carolina Foods
Snak King
Bojangles
Best
Impressions
Table & Twine
CIH
E Tech Group
EDGE Industrial Technologies
Synergy ECP
O2X
Synergy ECP
O2X
Neighborly Software
E Tech Group
GPS Air
FM Expressions
SixAxis
NATDG
UC Synergetic
EDGE Industrial Technologies
Tax Guard
NPI
GlynnDevins
Marquis
Executive
Platforms
Industry Dive
Brainlabs
Penta Group
My Code
Said Differently
Jumo Health
RegEd
E Tech Group
SixAxis
American Safety
Council
O2X
Gravitate
Neighborly Software
We find renowned leaders in their respective industry, bringing them in as partners to both develop our thesis and work alongside our portfolio companies to capture value and achieve growth ambitions.
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Adam is a serial entrepreneur, 23-year veteran of marketing and communications services (within and outside of healthcare) and a technology and data innovator with extensive M&A and private equity experience. Adam founded Sentient in 2008, a digital advertising agency with a specific focus in healthcare and a proprietary results-driven methodology. After 8 years of double-digit growth, he led a competitive process that resulted in the acquisition of Sentient by W2O Group in 2016. Adam was appointed as a member of W2O’s executive leadership team as Chief Digital Officer and Group President of the firm’s Advertising division. Adam was then one of the few executives and investors who sold W2O (now rebranded as Real Chemistry) to New Mountain Capital in 2019; Adam continued to support Real Chemistry as a core member of the deal team, helping it rise to become one of the top 3 largest healthcare marketing and services firms in the industry.
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Alexander Jutkowitz is one of today’s leading evangelists for the shift in marketing and communications toward integrated content and strategy. His work for clients in a wide array of fields proves that brands who tell their own stories innovate faster and inspire enduring customer loyalty. Mr. Jutkowitz has more than 20 years of experience in strategic communications and enterprise sales —as a political pollster, digital architect, brand strategist, and content creator in over 30 countries. He is an adjunct professor at USC Annenberg and member of the Curriculum Committee. Mr. Jutkowitz’s book, The Strategic Storyteller, was published by Wiley in 2017. Alexander was raised in Chile and Philadelphia and is fluent in Spanish. Mr. Jutkowitz partnered with Falfurrias Capital to identify vertically focused marketing, media and information services firms positioned with digital engagement, high quality content, peer to peer platforms, and tech enabled services.
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Bill Lovette has more than 35 years of experience in the packaged food industry. Prior to his current role as Chairman of the Board of Sauer Brands, Mr. Lovette was the CEO of Pilgrim’s Pride (NASDAQ: PPC) where he led a corporate transformation that lifted the company out of bankruptcy. Mr. Lovette has advised FCP throughout our packaged food campaign and was appointed Executive Chairman of Sauer Brands, Inc. following FCP’s investment in the business in August, 2019.
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Chris Lundquist is a senior business and technology executive focused on driving growth and value creation in data enabled technology companies in financial services, payments and retail. Chris serves as the Executive Chairman of Chargeback Gurus, a Dallas Texas based leading provider of risk mitigation and chargeback prevention and recovery solutions for a company’s e-commerce payments. Chris is also President of Enformion, a leading provider of fraud, identity, sales enablement & marketing intelligence solutions to the online digital space. Previously, Chris held the role as Division President of Fraud and Credit Risk at Verisk with oversight of 3 business units: LCI, G2 Global Web Services, and Verisk Retail. Prior to Verisk, Chris founded LCI in 1989 and created the first comprehensive national bankruptcy database, innovating credit risk solutions to manage over 1.3 billion accounts. Chris holds a bachelor’s degree in mechanical engineering and an MBA with a focus on AI and machine learning, data science and management information systems, from Rensselaer Polytechnic Institute.
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David Evans has more than 30 years of experience in the broader Technology, Vertically Integrated Software and Payments sectors as an Engineer, Operator, Banker, Investor, Executive and, today, as an Advisor. Prior to his current role, David served as CEO and Board member at Passport Labs, a mobility management software provider to the Digital Parking, Enforcement and Payments sectors, serving more than 800 cities, operators, and municipalities. Prior to this role, he was CFO for Cardlytics (NASDAQ: CDLX) where he helped guide the business from its early beginnings to a leading software Platform serving private labeled rewards solutions for some of the largest banks in the country, leveraging purchase intelligence and spend behavior to deliver highly targeted marketing solutions to consumers with deterministic attribution. During this time, he also led and grew the Company through to its successful IPO.
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Joel Hackney has over 25 years of experience leading a variety of companies, demonstrating expertise in driving transformational growth. Prior to partnering with Falfurrias, he was the CEO for nThrive, a consultancy and service provider across the healthcare revenue cycle based in Georgia with over 6,000 employees. Prior to that, he was CEO of AVINTIV and served in various leadership positions at Avaya and Nortel.
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Josh Slagle is an executive leader with nearly 20 years of experience in financial and general management positions. He spent most of his career at SPX Flow, a leading manufacturer of industrial equipment. Prior to partnering with Falfurrias, Josh served as President of SPX Flow’s Nutrition & Health business, a global provider of sanitary processing solutions to the food & beverage and general industrial markets. Under Josh’s leadership, SPX Flow’s Nutrition & Health’s OE and Spare Parts businesses grew at ~3x market rates and expanded EBITDA by ~400 bps. In 2022, Josh led SPX Flow’s Nutrition & Health business unit seamlessly through SPX Flow’s transition from public to private ownership.
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Kevin Hesselbirg is a three-time CEO and experienced leader of growth-oriented technology and tech-enabled service organizations within the financial services sector. Kevin’s operating experience includes FinTech, Enterprise Software, Financial Services, Start Ups, and growth companies demonstrated through the Chief Executive Officer roles at:
Kevin also serves as an Entrepreneur in Residence for Hofstra University, sponsoring the Hofstra Veterans Venture Challenge a business development and mentoring program for military veterans, as a Board Member for Ultimus Fund Solutions and Labsoft, and as an Executive Advisor for Good United and WorkRails.
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Mark Chernis’s 35+ year career spans a variety of endeavors leading major organizations across the education spectrum, including delivering 3 IPOs and various successful exits, corporate venture investments, and driving both organic and M&A fueled growth. He has distinctively relevant expertise to support FMP’s Education and Workforce Development campaign, including former roles as the President & COO at The Princeton Review, President, Board Member & COO at Schoolnet, Inc., COO at Pearson K-12 Tech (PowerSchool) & Senior Vice President of Investments, and Co-Founding Investor, Former Board Member, and Former COO at 2U. Mark has also served as Director at numerous educational companies, including Noodle, Keypath Education, Tutor.com, Avanti, Knewton, Voxy, Bridge International Academics, and Spark Schools.
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Marybeth Wootton is an operational and technical leader with more than 30 years of experience working with the Intelligence, Defense, and Federal Civilian communities. She has a proven track record in global business operations, technology strategy, mergers & acquisitions, delivering accelerated growth and business transformation in the Government Contracting and Aerospace & Defense sectors. Marybeth brings broad experience as a board member and advisor to rapidly growing, highly technical companies in the Federal sector. Currently, she serves as Chairperson for Synergy ECP and a member of the Board of Directors at O2X. In addition, she has been an Advisory Board member for several privately held Federal Technology companies and Secretary of the Board for a public company on the New York Stock Exchange. Before her time with Falfurrias, Marybeth supported the strategic restructuring of Berico Technologies, leading to the divestiture of five other successful technology start-ups (three of which were subsequently acquired) and lead the sell of Berico to Novetta, a Carlyle Group company, where she subsequently served as Vice President. She has also been recognized as the Greater Washington GovCon Executive of the Year for companies with up to $75 Million in revenue.
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Tim Tynan is a senior executive with experience in delivering financial and operational outcomes across the payments, banking, financial services, and technology sectors. Currently, he serves as CEO and Board Member for Chargeback Gurus, a Dallas Texas based leading provider of risk mitigation and chargeback prevention and recovery solutions for a company’s e-commerce payments. Previously, Tim held the role as CEO of Banc of America Merchant Services LLC, a prominent player in the payments and Fintech industry. During his tenure from 2014-2021, he navigated the organization through significant growth, leveraging its strategic position as a joint venture of the Fiserv Corporation and Bank of America. Under his leadership, the company grew to a position where it processed $1 trillion in transactions (2019 pre-pandemic), solidifying its market position as a key player in the industry. Before that position, Tim served in a variety of senior roles at Citigroup, and before that he was an executive at IBM.
Many of our professionals were business operators and advisors prior to joining FMP. Prior experiences include:
CFO, Bank of America
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Mr. Oken is the Chairman of Falfurrias Management Partners and has been responsible for managing the Falfurrias Management Partners portfolio since inception and building the Falfurrias Management Partners team. Along with his Co-Founders, Hugh McColl, Jr. and Ed McMahan, he is a member of the Falfurrias Management Partners Investment Committee. Mr. Oken served as Managing Partner of the Firm from 2006 until 2018, when Mr. McMahan assumed that role.
Mr. Oken is the former Chief Financial Officer of Bank of America. Prior to his career with Bank of America, Mr. Oken was a Partner with PricewaterhouseCoopers and served as a Fellow at the Securities and Exchange Commission.
Mr. Oken is past Chairman of the Charlotte Mecklenburg Housing Partnership, The Mint Museum of Art, and The Charlotte Symphony. He is the Chairman of the Carolinas Aviation Museum. Mr. Oken served as a Naval Aviator in Vietnam.
CFO, Bank of America
Head of Consumer and Small Business Banking, Bank of America
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Mr. Price joined Falfurrias Management Partners full time with Fund IV. Prior to joining the Firm, he assisted with the FMP portfolio, leading the technology-enabled services for financial institutions Industry First campaign.
Prior to joining FMP, Mr. Price served in senior executive roles at Bank of America including President of Consumer and Small Business Banking, Chief Financial Officer, and Global Corporate and Investment Banking Risk Management Executive. Prior to Bank of America, Mr. Price was with PricewaterhouseCoopers. Mr. Price is the former Chair of the Board of Directors for Habitat for Humanity’s worldwide operations and former Chair of The University of North Carolina at Charlotte. He is also an Emeritus member of the Board of Advisors for the Belk College of Business at The University of North Carolina at Charlotte.
COO, EnPro
Operational leadership roles,
G5 Technologies and W.L. Gore & Associates
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Mr. Walker joined Falfurrias Management Partners full time with Fund IV. Prior to joining the Firm, he assisted with the FMP portfolio, leading the Industrial Automation and Safety Industry First campaign. He is Executive Chairman at Falfurrias portfolio companies GPS Air, FM Expressions (Green Distribution), EDGE Industrial Technologies, and Local Hive. Mr. Walker is also a Board Member at Carolina Foods, LLC, Sauer Brands, Inc., and Snak King. Prior to joining Falfurrias, Mr. Walker served as the Chief Operating Officer for EnPro Industries (NYSE: NPO). Mr. Walker started his career at W.L. Gore & Associates where he last held the position of Business Leader. He is also a Board Member of the McColl School of Business at Queens University of Charlotte, the VT Engineering Education Board, and the Charlotte Symphony.
CEO, First American Docutech
COO, Prospect Mortgage
CEO, Vantium Capital
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Ms. Brandt joined Falfurrias Management Partners as a Partner in 2023 to help lead Falfurrias Growth Partners. Prior to joining the Firm, she was Operating Executive Director at Serent Capital. Serent Capital is a leading lower-middle market private equity firm focused on investing in high growth service and technology businesses.
Most recently Ms. Brandt was the President and Chief Executive Officer of First American Docutech, providing an end-to-end integrated digital mortgage experience that enables lenders to accelerate the real estate closing process. She currently sits on the First American Advisory Council. In addition to her executive career, Ms. Brandt currently serves on the boards of Studio Designer, Quisitive Technologies, InhabitIQ, and the Institute of International Education.
Ms. Brandt has over 20 years of successful experience as an accomplished entrepreneur and senior executive with multiple successful private equity backed exits. She is a multi-award winner, including Housing Wire’s Vanguard Award and Institute of International Education’s Centennial Medal.
Prior to First American Docutech, Ms. Brandt was the President of Originations and Corporate Technology at New Penn Financial, and prior to Penn Financial, the Chief Operating Officer of Prospect Mortgage, Chief Executive Officer of Vantium Capital and head of GE Money Mortgage North America.
Ms. Brandt earned a JD from Arizona State College of Law and a BA in Political Science from the University of Southern California.
CFO, North American T&D Group
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Mr. Johnson is a Partner and leads the Firm’s investments in Food & Beverage and Industrial Technology. He re-joined Falfurrias Management Partners in 2016 and was promoted to Partner in January 2021. Previously, Mr. Johnson was Chief Financial Officer of North American T&D Group, a Falfurrias Management Partners-backed holding company for investments in the Power Transmission and Distribution Industry. Prior to North American T&D Group, Mr. Johnson served as a Senior Associate with Falfurrias Management Partners where he focused on acquisition targeting, due diligence, structuring and execution. Prior to Falfurrias Management Partners, Mr. Johnson served as a Financial Analyst for McColl Partners, a Charlotte, North Carolina based middle-market investment bank. Mr. Johnson also served as the Founding Curator of the World Economic Forum’s Global Shaper Initiative in Charlotte and currently serves on the Board of Junior Achievement of Central Carolinas.
Manager, PricewaterhouseCoopers
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Mr. Schonberg joined Falfurrias Management Partners in October of 2006 and was promoted to Partner in January 2021. Prior to joining the Firm, he served as Chief Financial Officer of Mangan & McColl Partners, LLC, a Charlotte-based, event-driven hedge fund. At Mangan & McColl Partners, Mr. Schonberg was responsible for the accounting and financial reporting of various domestic and offshore investment funds. Mr. Schonberg previously worked for PricewaterhouseCoopers from 1993-1998 as a Manager in the Personal Financial Services (PFS) group, specializing in individual income tax and financial planning for high-net-worth individuals.
Manager, PricewaterhouseCoopers
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Mr. Kilian joined Falfurrias Management Partners in June 2014 and currently serves as a Managing Director. His primary responsibilities focus on risk assessment through the deal execution process, transaction integration, and ongoing monitoring of portfolio company performance, but he also maintains responsibilities with the management company and fund oversight. He was the Chief Compliance Officer from the date of Falfurrias’ initial SEC registration in 2015, building out the compliance program, through May 2024. Prior to joining the firm, he worked at PricewaterhouseCoopers in their Financial Services Assurance Practice. Prior to PricewaterhouseCoopers, Mr. Kilian worked in assurance services and transaction advisory at Reznick Group.
Senior Engagement Manager, McKinsey
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Mr. Bueno joined Falfurrias Management Partners as a Director in 2019. He was promoted to Managing Director/Head of Strategy and Market Insights in September 2021. He oversees a team that works to develop and substantiate Falfurrias’ proprietary investment theses, support market and commercial diligence on its investments, and work alongside the management teams of newly joined portfolio companies to develop growth strategies and other value creation opportunities.
Previously, Mr. Bueno was at McKinsey & Company where he focused on growth and go-to-market strategy, operational excellence, and was a member of the Marketing & Sales and Digital practices. While at McKinsey, he advised clients across a range of industries including Tech, Media & Telecom, Industrials, Manufacturing, Food & Beverage, Financial Services, and Professional Services.
Head of Talent, Juxtapose
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Mrs. Gates joined Falfurrias Management Partners as Head of Talent in 2023. She is responsible for leading all talent initiatives and supports the Firm’s portfolio companies and Industry First campaigns. Prior to joining Falfurrias, Mrs. Gates spent four years as Head of Talent at Juxtapose, an investment firm focused on company creation. In this role, she built out portfolio company senior executive teams and served as talent counsel for CEOs across Juxtapose’s ventures while also leading recruiting and talent initiatives for the fund.
Before joining Juxtapose, Mrs. Gates was a Principal at Rich Talent Group, a boutique executive search firm in San Francisco, where she led searches for growth-stage digital consumer businesses. Mrs. Gates studied at Bowdoin College and earned her MBA at UVA’s Darden School of Business.
CTO, Liquid Web
COO, Clearleap
COO / CIO at Cbeyond
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Mr. Oesterling joined Falfurrias Management Partners in July of 2023. He focuses on all aspects of technology through deal execution, integration, and ongoing portfolio company growth. He also leads the firm’s internal technology initiatives. He has over thirty years of technology and operational leadership experience including twenty years in CTO or COO roles at Private Equity backed technology companies – Liquid Web, Clearleap, and Cbeyond. He has deep expertise in building and managing large scale and mission critical ecommerce, software, and infrastructure solutions across a variety of industries with B2B and B2C companies.
Prior, he held technology leadership roles at Capital One, Security Capital Group, Booz Allen and Hamilton, and IBM.
Falfurrias has dedicated in-house teams to serve our portfolio companies on their journey to value creation and growth.
Falfurrias’ strategy development process defines each portfolio company’s differentiating factors within their markets and develops a strategy to leverage those strengths through organic (e.g., go-to-market, product innovation, etc.) and acquisition-related growth initiatives. Industry First research creates the basis for pre-closing strategy development alongside management.
We are managers and builders, not just financial engineers. We invest in companies because we believe in their team and their potential for growth. We provide the advice and support needed to make that growth a reality. The Falfurrias team takes an active approach and works closely with CEOs of portfolio companies to build their management teams.
Falfurrias values technology as an enabler to automate historically manual processes, and as a driver to streamline efficiency in its portfolio companies. Upon acquisition, Falfurrias equally prioritizes technology initiatives to grow the business, provide real-time visibility and controls, while balancing risk areas, such as cybersecurity.
The Falfurrias team works closely with management teams to onboard new platform investments and to identify, acquire and integrate add-on acquisitions. Historically, the add-on acquisitions have been accretive.