#USA #Miami #ICV Partners #Lloyd Metz #Zeena Rao

ICV Partners Welcomes New Managing Partners Lloyd Metz and Zeena Rao

Miami, FL – ICV Partners, LLC, a prominent private equity firm, is pleased to announce the appointments of Lloyd Metz and Zeena Rao as Managing Partners. This decision underscores the firm’s commitment to excellence and is based on the transformative contributions both partners have made throughout their tenure. The announcement was made by Willie Woods, the President, CEO, and Founder of ICV Partners.

Lloyd Metz and Zeena Rao have been integral to ICV's operations, having collaborated with Woods on nearly half of the firm’s investments. These appointments come at a critical juncture for ICV Partners as they aggressively pursue growth opportunities while fostering a nurturing and inclusive work environment.

Zeena Rao joined ICV in 2001, becoming one of the firm’s first associates. She currently leads the firm's investments in the Business Services and Consumer Goods sectors. Throughout her career at ICV, Rao has served on various boards, such as Interstate Auto Care and Mintz Group, and previously contributed her expertise to several other significant companies in similar sectors. In her new role, she looks forward to continuing to help closely held and founder-led businesses realize their full potential, emphasizing ICV's dedication to preserving company culture while equipping management teams with necessary resources.

On her promotion, Rao remarked, “Being a part of ICV since its early days has been a remarkable journey. I am proud of what we have achieved together and am excited about our mission to uplift and support lower middle-market companies.”

Lloyd Metz, who joined the firm in 2002, predominantly focuses on investments in Business Services and the Food and Beverage industries. Throughout his time at ICV, he has served on several boards and has been an active participant in the firm’s investment strategy. Metz noted, “Reflecting on my years with ICV Partners fills me with gratitude. Our focus will remain disciplined and centered, but our mission will persist – delivering attractive returns for our investors and supporting overlooked talent in the industry.”

Willie Woods shared his confidence in Metz and Rao, stating, “As we celebrate 25 years of ICV, it is the right time for a transition of responsibilities. There is no better team to lead ICV Partners through its next phase than Lloyd and Zeena.” He emphasized that their strategic vision aligns perfectly with the firm’s objectives.

Founded in 1999, ICV Partners has established itself as a leader in private equity, specializing in lower middle-market companies. With an emphasis on supporting management teams to achieve transformational growth, ICV maintains a disciplined investment approach that has resulted in a solid track record of successful outcomes. The firm typically targets investments in businesses with revenues ranging from $25 million to $250 million.

For further information about ICV Partners, visit www.icvpartners.com.