Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Nolan Capital Welcomes Frank Pikus as Operating Partner

May 7, 2019

HERMOSA BEACH, Calif.--(BUSINESS WIRE)--May 7, 2019--Nolan Capital is pleased to announce the addition of Frank Pikus to its team. Frank will serve as an Operating Partner, focused on strategic and operational engagement to enhance long-term value in the Nolan Capital portfolio.

Peter Nolan, President of Nolan Capital, made the following statement: “We are proud to announce the addition of Frank Pikus to our team. Frank brings deep and diverse operating experience to our firm, having served for over 25 years in executive roles at various companies in the hospitality, event management and consumer products industries.”

Prior to joining Nolan Capital, Frank served as an Executive Committee member of Towne Park for 11 years and most recently as its Chief Operating Officer. Towne Park is a leading hospitality and parking services company focused on the hotel, commercial and healthcare marketplace. While at Towne Park, Frank led 13,000 associates and was instrumental in redefining corporate culture, acquiring and integrating competitors and building and fostering strong teams. Frank joined Towne Park following the sale of Avascend Healthcare Hospitality where he served as CEO. Avascend specializes in guest and hospitality services to healthcare providers. Prior to Avascend, Frank co-founded Veritas Partners, a Kansas-based private equity firm, where he was the President and Managing Director and also served on the company’s Board of Directors. Before co-founding Veritas, Frank spent nine years as a Vice President, General Manager and Board Member of Gear for Sports, a HanesBrands company that manufactures high quality sportswear, headwear and accessories. Frank graduated from Rockhurst University in Kansas City, Missouri, earning a B.A. degree in Finance and Economics. He resides in Overland Park, Kansas with his wife of 27 years, four children and two golden retrievers.

Frank expressed his excitement on the new role and said, “Nolan Capital provides an excellent opportunity for creative and sustained growth in an environment that is focused on integrity and providing a unique and enduring commitment to its people.”

About Nolan Capital ( www.nolancap.com )

Founded in 2014 and based in Southern California, Nolan Capital originates, executes and manages private equity, real estate and other investments on behalf of the Nolan family. Nolan Capital’s private equity strategy is focused on making control investments in leading middle-market companies that generate annual EBITDA of $5 million to $30 million. The firm takes a long-term approach to private equity investing and provides strategic and financial support to businesses and their management teams to help build sustainable shareholder value. Nolan Capital’s private equity portfolio includes Fresh Brothers, a 19-unit pizza delivery chain focused on high quality, better-for-you ingredients, and Diamond Wipes International, a contract manufacturer of wet wipes and disposable towelettes.

The firm is managed by Peter J. Nolan, who has over 35 years of investment experience, most recently as former Managing Partner and current Senior Advisor of Leonard Green & Partners, a leading private equity firm with over $24 billion of private equity capital raised since inception. Previously Peter was a Managing Director and Co-Head of DLJ’s (now Credit Suisse) Los Angeles Investment Banking Division, which he joined in 1990. Prior to DLJ, Peter had been a First Vice President in corporate finance at Drexel Burnham Lambert in Beverly Hills from 1986 to 1990, a Vice President at Prudential Securities, Inc. from 1982 to 1986 and an Associate at Manufacturers Hanover Trust Company.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190507005908/en/

CONTACT: Priscilla Park

Nolan Capital Inc

58 11thStreet

Hermosa Beach, CA 90254

Telephone: (424) 675-7607




SOURCE: Nolan Capital

Copyright Business Wire 2019.

PUB: 05/07/2019 01:11 PM/DISC: 05/07/2019 01:11 PM