Dallas, Texas, June 2, 2009 – Highlander Partners, L.P., an investment firm focusing on private equity investments in mid-market companies, today announced that Jeff L. Hull, a seasoned executive with experience in manufacturing, services and distribution, joined the firm in May as an Operating Partner.
Coming from both operations and private equity backgrounds, Mr. Hull brings a broad array of hands-on operating skills and extensive M&A expertise that will further solidify Highlander’s unique approach to private equity investing and broaden its industry scope to include value-added distribution and services companies. Highlander Partners is excited to welcome Jeff Hull to its investment team and continue its successful track record as a growing investment firm.
Jeff will focus his efforts on sourcing and executing private equity investments in his areas of expertise and will also advise the current portfolio companies on strategy, acquisitions and growth opportunities. Mr. Hull most recently served as Vice-Chairman, President and Chief Executive Officer of Strategic Equipment and Supply Corporation, one of the largest providers in the United States of design services, equipment and supplies to the foodservice industry. Strategic operated 10 facilities in 6 states with approximately $300 million in annual revenues.
Previously, Mr. Hull was Chairman, President and Chief Executive Officer of Atrium Companies, Inc., one of the largest building material manufacturers in the United States. Atrium was a very successful buy and build platform that included various private equity investors over its 10 year growth plan, including Heritage Partners; Hicks, Muse Tate and Furst; Ardshiel, Inc.; GE Investments (General Electric’s pension arm) and most recently Kenner and Company, Merrill Lynch Global Private Equity and UBS Capital Americas. Under Mr. Hull’s leadership, Atrium grew to be the largest window and door manufacturer in the United States, increasing sales from $100 million to over $800 million from 1996 to 2005, and reaching 7,000 employees and 56 operations in the United States, Mexico and China. During his tenure, he spearheaded 18 acquisitions and raised over $2 billion in debt and equity for the company. In 2003, Mr. Hull led the sale of Atrium to Kenner, Merrill Lynch and UBS in a transaction valued at approximately $760 million.
Jeff currently or previously served as a director for Diagnostic Management Group, Shelter Distribution, Inc., Strategic and Atrium. He is currently Chair of the Board of Trustees of Ottawa University and previously served as Trustee at Greenhill School. Mr. Hull holds a Master in Business Administration with honors from Emporia State University and a Bachelor of Arts, cum laude, in Accounting from Ottawa University.
“I am delighted to join such a marquee investment company as Highlander Partners and I look forward to contributing my experience and strong network of relationships to continue Highlander’s successful investment record,” stated Hull. “I think Highlander’s flexible transaction structuring approach, proprietary capital and long term investment philosophy are distinctive strategic advantages, and I believe that the firm is well positioned to capitalize on the great opportunities that I see in the private equity arena.”