BWG targets growth with new director of corporate development

Barry-Wehmiller Group has appointed Jeffrey D. Giles to the firm’s newly-created director of corporate development position, as it states its intent to broaden its platforms.

 

Giles brings more than 10 years of private equity and corporate business development experience to the role designed to increase Barry-Wehmiller Group’s engagement in platform acquisition activities.

 

Barry-Wehmiller Group is the holding company for Barry-Wehmiller Companies, Inc., a group of capital equipment and engineering consulting companies represented by nine operating divisions, and Forsyth Capital Investors, LLC, a hybrid equity firm focused on investing and partnering with middle-market companies.

 

Barry-Wehmiller has a significant history of growing through acquisitions, having completed 70 since the 1980s. In fiscal year 2012, the firm surpassed US$1.6 billion in revenue.

 

Giles (pictured, top) said: ‘I’m excited to work with the senior leadership at Barry-Wehmiller and Forsyth Capital to enhance their respective acquisition efforts and increase awareness of their unique programs to prospective acquisition targets. The distinctive culture and operational value drivers they possess are what sold me on the opportunity and will go a long way in furthering the firms’ growth through acquisitions.’

 

Bob Chapman, chairman and chief executive officer of Barry-Wehmiller Companies, said: ‘Barry-Wehmiller has the value drivers, capital strength, and corporate disciplines to continue to grow through acquisitions.’

 

‘Jeff’s appointment to the team offers us greater capability to identify enterprises poised to flourish within Barry-Wehmiller’s successful business and people-centric culture model. We’re excited to have him help us achieve our vision of a global organization that creates value for all stakeholders.’

 

Tim Sullivan, Barry-Wehmiller Group president, added: ‘[His] acumen and leadership will be instrumental in taking our acquisition success to another level. We’re excited about the possibilities that lie ahead.’

 

Kyle Chapman, managing director of Forsyth Capital Investors, concluded: ’With Forsyth Capital’s rapid increase in growth, the need for a dedicated resource for both add-on acquisition efforts and new platform searches has become clear, and Jeff’s deep and successful experience in these acquisition-related activities will undoubtedly drive positive results.

 

‘We are pleased to welcome Jeff to the team and look forward to the growth this dedicated focus will yield.’

 

Read more industry appointments here

Read more news from North America here