Cleveland, OH, January 1, 2020 – Edgewater Capital Partners (“Edgewater“), the engineered component and performance materials focused private equity firm, announced today that Marcus Pillion has joined the firm as an Operating Partner. He will work closely with Edgewater’s transaction team to develop investment opportunities in Engineered Components and Systems. His focus will be on businesses that offer differentiated technologies, manufacturing capabilities, products or service offerings within the industrial and reliability equipment area, in-plant systems and services, and engineered components sectors.
Marcus has over 25 years of industrial market experience – specifically focused in industrial equipment, reliability products and systems, in-plant services, and a variety of mission-critical component businesses. He has led all facets of businesses from CEO to sales, marketing, engineering, supply chain, installation and service. Prior to joining Edgewater, Marcus served as Chief Executive Officer for TRITEC Performance Solutions, a global manufacturer of engineered polytetrafluoroethylene (PTFE) sealing solutions and assemblies for a large number of applications. He was also instrumental in its recent sale to Trelleborg Sealing Solutions, a business unit of Trelleborg AB. Marcus holds a B.A. degree from the College of Wooster.
Bob Girton, Partner at Edgewater, commented, “We’re thrilled to have Marcus join the Edgewater team, especially after delivering such a strong performance to our investors as CEO of TRITEC Performance Solutions. Marcus will be instrumental in leading our Engineered Components practice as Edgewater continues its investment focus into niche, specialty industrial companies. These types of businesses, as we experienced in TRITEC, share very similar themes that remain core to our investment focus in performance materials.”
Marcus Pillion added, “I’m excited to continue with Edgewater and lead this compelling opportunity. Edgewater’s expertise and ability to fuel businesses provides unique advantages in enhancing existing industrial businesses while bringing them to the next level.”
About Edgewater Capital Partners
Edgewater is a Cleveland-based, sector-focused private equity firm making investments in middle and lower middle-market performance materials businesses, specifically specialty chemicals, life sciences, and engineered components and materials verticals. For additional information on Edgewater, visit the firm’s website at www.edgewatercapital.com or email at email@example.com.