Akoya Capital is excited to announce that Ted Riddle has joined as Managing Director, Industrial Manufacturing Sector Leader.
Ted is a senior executive with over 36 years of experience in the metals production, distribution, fabrication, and finishing segments. He has a proven track record of partnering with a variety of stakeholders including boards of directors, investors, and lenders. In his most recent role as President & COO of National Material L.P., a private investment firm with 23 multinational companies and 3,500+ employees, Ted had P&L responsibility for the entire firm, served on the boards of its joint ventures alongside partners – AK Steel, POSCO, Marubeni Itochu, Heidtman Steel, and Hammond Power Solutions – and was instrumental in completing numerous acquisitions. He also served on the board of the Metals Service Center Institute.
Previously, he served as CEO of Arch Acquisition Holdings (portfolio company of H.I.G. Capital) where he led the turnaround of the groups’ aluminum mills and subsequent sale process to strategic buyers. He also served for over a decade with Ryerson as Vice President and General Manager, with P&L responsibility for 24 plants. During that period, Ted served on the executive team that took the company public, helped scale the company from $2B to $6B+, and made numerous operational improvements through Lean implementation.
AKOYA IS SEEKING PLATFORM INVESTMENTS IN INDUSTRIAL DISTRIBUTION & MANUFACTURING
Akoya is interested in pursuing unique opportunities and acquisitions in Industrial Distribution & Manufacturing within the following segments:
- Metals
- Specialty Chemicals
- Power Transmissions & Motion Control
- Safety Products
- Gases & Welding Equipment
- Electrical
IDEAL TARGET COMPANY CHARACTERISTICS
- Sales of $25 to $200 million
- Minimum $3 million of EBITDA
- Privately held, owner/operator run or corporate carve-outs
- Innovative companies with niche specialties and/or unique service offerings
We will consider smaller companies on a selective basis or as an add-on acquisition.
Akoya Capital is a sector focused investment firm that creates and nurtures partnerships between management and capital. With industry leading sector leaders, proprietary platform organizations, and experienced management teams, we collaborate on compelling value creation opportunities. Together, we develop and execute industry sector acquisition strategies that deliver significant, measurable value for management, partners and shareholders.
Akoya seeks investment opportunities in the following sectors:
- Industrial Chemicals, Products, Packaging, Distribution & Manufacturing
- Consumer Foods & Home Services
- Professional Information Services
CONTACT US
If you know of a company that fits this profile, we would welcome the opportunity to discuss it with you. Please contact Liz Dominick at ldominick@akoyacapital.com or at 312-203-3443.
