Enhancing Leadership at Princeton Equity Group
Princeton Equity Group, a notable private equity firm specializing in franchisor and multi-unit investments, has recently announced a series of internal promotions aimed at reinforcing its leadership and growth strategy. This decision reflects Princeton's commitment to fostering talent and creating a robust environment for the expansion of its business endeavors within the franchising sector.
Internal Promotions
The firm has made four key promotions:
- - Phil Piro has advanced to the role of Partner. This promotion acknowledges his nearly seven years at the firm, where he has been instrumental in driving success through his extensive expertise in investing and building companies.
- - Jack Nagle, now promoted to Principal, will focus on sourcing and executing new investments while also serving on the boards of multiple portfolio companies.
- - Alex Bouthillette has been promoted to Vice President, with responsibilities mirroring those of Jack Nagle in terms of sourcing and executing new investments.
- - John Norwood steps into the role of Associate of Business Development, where he will concentrate on cultivating relationships with potential investment candidates.
Vision for Growth
Jim Waskovich, Managing Partner at Princeton, emphasized the firm’s pride in having what he deems as the largest and most talented team in growth-stage franchisor and multi-unit investing. The promotions not only highlight individual accomplishments but also underscore the collective expertise and leadership that exists within the firm. Waskovich stated, “Each of these individuals has played a significant role in our success.