#United States #Philadelphia #Portage Point #Performance Improvement #Gary Pivovarnik

Portage Point Partners Welcomes Gary Pivovarnik

Portage Point Partners, LLC, a leading advisory and financial services firm specializing in middle market consulting, officially announced the addition of Gary Pivovarnik as Managing Director in their Performance Improvement (PI) practice located in Philadelphia. With an impressive background totaling nearly 25 years, Pivovarnik brings a wealth of experience across varying sectors, including financial services, consumer and retail, industrials, and energy.

Pivovarnik's expertise lies in driving performance improvement and instilling value creation in organizations, especially those backed by private equity. His diverse skill set encompasses operational management, supply chain geometry, global sourcing, and logistics optimization. This breadth of knowledge equips him to identify unique value creation opportunities and lead strategic transformations effectively.

Arun Lamba, who serves as both Managing Director and Head of Performance Improvement at Portage Point, emphasized the current transition faced by stakeholders in the mid-market sector. These players are increasingly adjusting to changes in sourcing dynamics, cost frameworks, and overall demand fluctuations. Lamba notes that Pivovarnik’s extensive supply chain knowledge and commendable track record will be instrumental in addressing complex operational challenges, thereby empowering client firms to enhance their earnings before interest, taxes, depreciation, and amortization (EBITDA).

Gary expressed his enthusiasm about joining the Portage team, highlighting the firm's integrated methodology in delivering meaningful solutions, which aligns perfectly with his focus on generating measurable outcomes for middle market clientele as well as private equity sponsors.

Another key figure at Portage Point, Matthew Ray, the Founder and CEO, elaborated on the why's behind Pivovarnik's recruitment. He pointed out that external factors, such as tariff implications, data integration hurdles, and persistent market volatility, have escalated the demand for expertise in supply chain and procurement. Pivovarnik's hands-on approach is expected to significantly strengthen Portage Point's capabilities in navigating these intricate challenges for clients.

Before his tenure at Portage Point, Gary Pivovarnik served as Partner at Bain & Company, where he was a senior leader in the Global Performance Improvement practice. His earlier roles at AlixPartners and Kearney provided him with profound strategic operational insights, further honing his business transformation competencies.

Portage Point Partners is known for its specialty in providing interim management and investment banking services tailored to the needs of middle market companies. Their high-caliber team leverages their extensive experience in consulting, operations, and finance to offer unparalleled transactional, operational, and financial insights to stakeholders in this segment. The firm prides itself on its ability to create a fully integrated environment designed to enhance outcomes at any lifecycle stage of a business—from ideation to monetization.

Recently, in October 2024, Portage Point received a strategic minority growth investment from New Mountain Capital, marking an important step in its development trajectory. The addition of experts like Pivovarnik is in line with the firm's ongoing mission to provide exceptional value and support to its clientele. To learn more regarding their extensive service offerings and how Portage Point can impact your business positively, visit Portage Point Partners.