#United States #Charlotte #Falfurrias Management #Katie-Rose Austin #Grant Hundley

Falfurrias Management Partners Announces Leadership Promotions

Falfurrias Management Partners, a private equity firm based in Charlotte, North Carolina, has recently made significant strides in its leadership by announcing the promotions of several key team members. This move comes as a testament to the firm's continued commitment to fostering talent and driving growth within the organization.

New Leadership Roles

The firm has elevated Katie-Rose Austin, Grant Hundley, and Hugh McColl IV to the position of principal. These individuals have made impactful contributions that significantly align with the firm's goals and vision.

• - Katie-Rose Austin joined Falfurrias in 2016 and quickly climbed the ranks, being promoted to vice president in 2021. With a focus on investments in the business services sector, she currently plays a pivotal role on the boards of Engage FI and AnthroMed, showcasing her leadership and strategic thinking.

• - Grant Hundley, who initially joined the firm in 2020, was recognized for his military background as a special operations and infantry officer in the U.S. Marine Corps. Promoted to vice president in 2022, he currently directs investments in government services and is on the boards of several companies, including Synergy ECP and the new Defense Technology Platform.

• - Hugh McColl IV is another recent appointee who became vice president shortly after his arrival at Falfurrias in 2022. His experience includes roles such as executive director of strategy at Parexel, where he honed skills that are now instrumental in overseeing software and business services investments. He actively supports organizations like Neighborly Software and Gravitate.

Additionally, Jubal Early has been promoted to vice president. Having joined the firm in 2021 and advancing to senior associate in 2023, his expertise in mergers and acquisitions will bolster Falfurrias' investment profile further.

Financial Leadership

In conjunction with these promotions, Rob Heidel has been appointed as the new Chief Financial Officer. Having been with the firm since 2021, Rob has demonstrated his capability by serving in interim financial roles. As CFO, he will lead various financial departments and oversee compliance and investor relations.

Firm's Vision and Strategy

Ed McMahan, managing partner at Falfurrias Management Partners, emphasized that these promotions reflect the significant contributions that these leaders have made to both the firm and its portfolio companies. He expressed confidence in their judgment and alignment with the firm's investment philosophy, highlighting the excitement surrounding their future contributions.

Falfurrias Management Partners has built a solid reputation since its founding in 2006 by Hugh McColl Jr., the former Chairman and CEO of Bank of America. The firm has raised $3.6 billion across seven funds and primarily invests in growing lower-middle-market businesses where it can apply its operational resources, insights, and expertise effectively.

By leveraging a distinctive Industry First approach, Falfurrias partners with seasoned management teams and advisors to create sustainable businesses. This operational focus is evident through their dual funds, Falfurrias Capital Partners (FCP) and Falfurrias Growth Partners (FGP).

For more insight into Falfurrias Management Partners and its leadership initiatives, visit their website at www.falfurrias.com.