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Acorn Growth Companies Names New Partner

May 21, 2019
Gregory Bloom joins Acorn Growth Companies as its newest partner serving as Chief Operating Officer (Photo: Business Wire)
Gregory Bloom joins Acorn Growth Companies as its newest partner serving as Chief Operating Officer (Photo: Business Wire)

OKLAHOMA CITY--(BUSINESS WIRE)--May 21, 2019--

Acorn Growth Companies, a private equity firm investing exclusively in aerospace, defense and intelligence, announced Gregory Bloom as its newest partner serving as Chief Operating Officer. Bloom is responsible for the profitable growth of Acorn’s operating companies – serving as a member of select boards and actively involved in due diligence, integration, optimization and growth of Acorn’s companies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521005602/en/

Gregory Bloom joins Acorn Growth Companies as its newest partner serving as Chief Operating Officer (Photo: Business Wire)

Bloom has spent the majority of his 28-year career dedicated to the aerospace and defense industry leading the growth agenda for several successful companies. He also serves as an advocate for the industry through the Aerospace Industries Association (AIA) and other influential industry associations.

Prior to Acorn, Bloom served as the president of Seal Science, Inc., an aerospace and defense contractor in Southern California since 2001. He also served as the president and CEO of MSM Industries, Inc., in Corona, California, as an operating general manager and financial executive at KB Home and was the founder and CEO of SAFC, a boutique investment corporation. Bloom began his career in corporate finance as an investment banker at Prudential Securities in New York City.

“We have reached a point in Acorn’s growth where we need a dedicated full-time partner focused on managing our growing portfolio of operating companies,” said Rick Nagel, managing partner of Acorn Growth Companies. “Greg is a great fit given his track record of success as a CEO, CFO and investment banker. His expertise and passion for the industries we serve will have an immediate impact on the profitable growth of Acorn and our companies.”

Bloom is an active spokesman for the defense industrial base, representing the voice of the small and mid-sized national security industry sector. He testified before the Senate Appropriations Subcommittee on Defense and was a featured panelist at the Reagan National Defense Forum. He has been a frequent contributor to the national news media, as well as serving as a subject matter expert on global issues impacting the industrial base. Bloom represented Seal Science, Inc. on the AIA’s executive committee and has served as AIA’s SMC executive committee vice chairman.

Bloom holds a Bachelor of Arts from UCLA in economics/business, a Masters in Business Administration from the Anderson School at UCLA and is acquiring his Certificate in Defense Technology from Georgia Institute of Technology. Bloom is an active member in AIA, NDIA, AIAA, ASNE and the Navy League.

Acorn Growth Companies is a middle market private equity firm focused exclusively on Aerospace, Defense and Intelligence. Acorn invests solely in operating companies that strive to enhance global mobility and protect national interests. Acorn has a formidable reputation in the industry and is recognized for its deep understanding of the Aerospace & Defense markets, with proprietary access to the best companies within these sectors. With operational expertise and its ability to lead and manage investments through variable economic and industry cycles, Acorn works in tandem with management to build its portfolio companies into significant market leaders. AcornGrowthCompanies.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20190521005602/en/

CONTACT: Media Contact:

Kathleen Searle, Acorn

682.888.4466Investor Contact:

Brandon Bradford, Acorn

917.224.8399

KEYWORD: UNITED STATES NORTH AMERICA OKLAHOMA

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE PROFESSIONAL SERVICES FINANCE DEFENSE OTHER DEFENSE

SOURCE: Acorn Growth Companies

Copyright Business Wire 2019.

PUB: 05/21/2019 09:54 AM/DISC: 05/21/2019 09:54 AM

http://www.businesswire.com/news/home/20190521005602/en

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