#United States #New York #Behrman Capital #Simon Lonergan #Grant Behrman

Behrman Capital's Leadership Evolution

In an important shift for Behrman Capital, the private equity firm based in New York City, a leadership transition has been officially announced, positioning Simon P. Lonergan as the new sole Managing Partner effective December 31, 2026. This change underscores the firm’s commitment to maintaining its robust growth trajectory while transitioning from the founding leadership.

A New Era for Behrman Capital

After a partnership that has spanned decades, Grant G. Behrman, co-founder and current Managing Partner, will pivot to a new role as Senior Partner. This transition aims to support Lonergan’s leadership while ensuring the continuity of the firm’s values and strategic direction established since its founding in 1991.

Lonergan has been instrumental in Behrman Capital's ascent, and his appointment is the result of careful planning initiated in 2023. The firm underscores that this transition is vital for its future as it continues to evolve in the fast-paced world of private equity.

Lonergan’s Journey at Behrman Capital

Simon Lonergan has been with Behrman Capital since 2005, quickly moving through the ranks to become Managing Partner in 2019. His tenure has been marked by significant contributions including overseeing investments for various Behrman portfolio companies such as Micross Components and Waterline Renewal Technologies.

His background prior to joining Behrman includes a significant role at The Blackstone Group, where he was involved in European private equity transactions, showcasing his expertise in a diversified range of industries.

As Lonergan prepares to take on this critical role, he reflects on the vision and tenacity exemplified by Behrman. In his own words: "When I joined Grant at Behrman Capital, I was struck by the clarity of his vision for the firm and his tenacity in executing its mission. Over the past 20 years, the firm has flourished beyond my expectations, and I am honored to be entrusted with its leadership moving forward."

Ensuring a Seamless Transition

The collaborative work between Behrman and Lonergan aims to ensure that the transition not only maintains but enhances the firm’s culture and values. In his new role, Behrman will remain actively involved, supporting Lonergan in strategic decisions and in nurturing the firm’s core principles.

Behrman stated, "Simon's commitment to Behrman Capital's continued success has been unwavering. His contribution to the firm’s investment track record has been immense, and he embodies our values and ethics."

About Behrman Capital

Founded in 1991 by Grant G. and Darryl G. Behrman, Behrman Capital specializes in management buyouts, leveraged buildups, and recapitalizations. The firm has strategically focused its investments within three primary sectors: Defense and Aerospace, Healthcare, and Specialty Industrials. Over its three decades of operation, Behrman has raised approximately $4.2 billion in capital.

As Behrman Capital ventures into this next chapter, the firm remains excited about its trajectory and is determined to uphold its commitment to excellence and ethical practices in investing.

For further information, visit Behrman Capital's official site.