Adds New CFO/CCO, Director and Senior
Associate, Also Announces a Promotion
HOUSTON, May 16, 2024
/PRNewswire/ -- Allied Industrial Partners ("Allied" or "the
Firm"), an operationally focused lower-middle market private equity
firm based in Houston, today
announced the addition of three new members to its growing team.
They include Anjali Agarwal as Chief
Financial Officer/Chief Compliance Officer, Steven Hirsch as Director, and Zaid Elouad as Senior Associate. Allied also
announced the promotion of Lee
Roberts to Senior Associate from Associate.
"We are excited to welcome Anjali, Steven, and Zaid to the
Allied team as we continue to steadily build our team and deepen
our bench," said Bradford Rossi and
Philip Wright, Co-Founders and
Managing Partners at Allied. "Our latest additions will strengthen
both our investment and internal support teams, allowing us to
better identify and manage new investments, while also ensuring the
implementation of best-in-class procedures."
Ms. Agarwal has more than 25 years of experience in finance and
accounting, including more than a decade in audit and assurance
services. She joins Allied from Salient Partners L.P., where she
most recently served as CFO, overseeing accounting and treasury
functions of all the management entities including subsidiaries.
Previously, Ms. Agarwal worked in Ernst & Young's Assurance
group. She is a licensed Certified Public Accountant (CPA) in
Texas and a Chartered Accountant
(CA) in India, and earned a
Bachelor of Commerce in accounting from Bhawanipur Education
Society College in Kolkata,
India.
Mr. Hirsch brings over a decade of experience in
underwriting, due diligence, portfolio management and operational
improvement with portfolio companies, and will be responsible for
sourcing, evaluating, executing and monitoring Allied's
investments. Most recently he was a Director at The Sterling Group,
a Houston-based middle market
private equity firm. Previously, Mr. Hirsch served as an Engagement
Manager with McKinsey & Company, where he focused on strategy
and operations, and he also held several marketing and revenue
management roles at American Airlines. He received a BBA and an MPA
in accounting from The University of Texas at
Austin and an MBA from Harvard Business
School.
Mr. Elouad has over six years of experience advising on value
creation efforts within finance optimization, operational
improvement, and commercial strategy, and he will be responsible
for driving enterprise growth and streamlining operations across
Allied's investments. Most recently he was a Director at operations
consulting firm Beckway, where he focused on supporting management
teams of private equity-backed companies on performance enhancement
initiatives. Mr. Elouad previously served as an Associate on the
Portfolio Operations team at Z Capital, and he began his career in
investment banking at Marlin & Associates. He holds a BBA in
finance from the University of
Mississippi.
Ms. Roberts has over six years of experience with financial
modeling, due diligence, capital markets and infrastructure
operations, and is responsible for sourcing, evaluating and
monitoring Allied's investments. Prior to joining Allied in 2023,
she was an Investment Banking Associate at Credit Suisse's
Energy & Transition group, where she worked on several
strategic advisory and capital markets transactions across the
energy and infrastructure industries. Ms. Roberts holds both an MBA
and BA in economics from the University of
Texas at Austin.
Allied has made more than 24 acquisitions since its founding,
which includes six platform investments.
About Allied Industrial Partners
Founded in 2019, Allied Industrial Partners LLC is a
lower-middle market private equity firm which currently has over
$500 million of assets under
management. The firm thematically invests in high-growth companies
within various industrial subsectors, including industrial rentals,
manufacturing, distribution, environmental services and critical
infrastructure. Allied seeks to partner with experienced management
teams that can benefit from its operational enhancement
capabilities and its active, hands-on involvement, which allows the
firm to execute on buy and build strategies. For more information,
visit www.alliedindustrialpartners.com.
Media Contacts:
Lambert
Jennifer Hurson
845-507-0571
jhurson@lambert.com
or
Caroline Luz
203-570-6462
cluz@lambert.com
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SOURCE Allied Industrial Partners