Investment Criteria

Size

  • EBITDA from $2 to $12 million

Industry Focus

  • Manufacturing
  • Value-added distribution
  • Industrial services
  • Business services
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Desco capital announces the hiring of greg t. hicks

Columbus, OH 

November 15, 2010

Desco Capital, the private equity investment arm of Desco Corporation, today announced the recent hiring of Greg T. Hicks as a Vice President.

Greg is primarily involved in sourcing transactions, evaluating potential opportunities, providing due diligence assistance and monitoring investments.  Greg joins Desco Capital from Lincoln International, where he was responsible for executing numerous transactions while stationed in Lincoln’s Chicago, Frankfurt and London offices.  Greg was one of the early members of Lincoln’s Building and Infrastructure Group and was instrumental in helping the group achieve its status as the most active middle market investment bank in this industry vertical.  Greg earned a Bachelor of Science in Business, with high distinction, from the Kelley School of Business at Indiana University with concentrations in Finance and Operations Management.

“We are very pleased to welcome Greg to Desco Capital,” said Andrew Bohutinsky, Managing Director of Desco Capital.  “His strong experience in executing M&A, debt and equity financings with a range of companies will prove quite valuable as we continue to seek new investment opportunities for Desco Capital.  In addition, we look forward to Greg helping us broaden and deepen our relationships with investment bankers and other intermediaries.”

About Desco Capital

Desco Capital is the investment arm of Desco Corporation, a privately-held company headquartered in Columbus, Ohio.  Since 1966, Desco Corporation’s team of executives and professionals have been acquiring and operating industrial businesses in the U.S., Europe and Asia with revenues of up to $150 million each.  Over this 40+ year span, Desco Corporation has compiled a long and successful track record of acquiring, developing and growing a variety of businesses.  Currently, Desco Corporation owns six separate middle-market industrial businesses, ranging from manufacturing businesses to an industrial software business.  Desco Corporation has a debt-free balance sheet with a very strong cash position.