CAPITAL RESOURCE PARTNERS ANNOUNCES A PROMOTION
AND TWO NEW HIRES
Boston,
MA, August 1, 2002 - Capital Resource Partners ("CRP"),
announced today the promotion of Scott R. Rivard to Investment Manager,
the hiring of E. Drew Richards as Investment Associate, and the hiring
of John P. O'Leary as Finance Accountant. Capital Resource Partners
is $900 million private capital group investing mezzanine and equity
for later-stage growth, recapitalizations, and buyouts.
Scott
Rivard joined CRP in 1999 as an associate, and has worked on numerous
investments in a range of industries including business and information
services, software, consumer products, and financial services. Prior
to joining CRP, he was a financial analyst in the natural resource
group at Credit Suisse First Boston where he assisted in public and
private financings, mergers and acquisitions, and public equity offerings.
Scott graduated cum laude with a Bachelor of Arts in Economics from
Middlebury College.
E. Drew
Richards joined Capital Resource Partners in July as an investment
associate. Prior to CRP, he was an investment banking analyst in the
Leveraged Finance Group at Salmon Smith Barney where he was involved
in multiple layers of the transaction process including conducting
financing modeling, valuation analyses, due diligence, and industry
research, as well as structuring senior, high yield, and mezzanine
transactions. Drew graduated magna cum laude with a Bachelor of Arts
in Math and Economics from Williams College.
John
P. O'Leary joined Capital Resource Partners in July as well as a finance
accountant. Prior to CRP, John was a staff accountant at GC Companies,
which operates the circuit of theatres under the name, General Cinema
Theatres, and was acquired by AMC Theatres in 2002. Prior to joining
GC Companies, he was a portfolio accounting analyst at Putnam Investments.
John graduated cum laude with a Bachelor in Science in Accounting
and Management from Norwich University.
Capital
Resource Partners invests $10 million to $30 million of mezzanine
and equity capital for later-stage growth and expansion, incremental
acquisitions, recapitalizations, and buyouts in a range of industries
including business and information services, manufacturing, distribution,
and industrial services, consumer products, and healthcare.