BETHESDA, Md.--(BUSINESS WIRE)--Blackstreet Capital is pleased to announce that William “Andy” Anderson recently joined the firm as Vice President of Portfolio Finance. Anderson’s expertise includes corporate finance department leadership and operations support. Throughout his career, Anderson has held senior-level financial positions at companies in the food and beverage, computer software industries, including top positions at Maryland-based Ann’s House of Nuts and ASG Security.
“We are pleased to welcome Andy to our growing team”
“We are pleased to welcome Andy to our growing team,” said Murry Gunty, Managing Partner of Blackstreet Capital. “Andy brings with him a valuable set of skills and expertise that will allow us to provide top-flight support and guidance to our portfolio companies while advising on new investments that will accelerate the growth of Blackstreet’s second fund and maximize returns for our investors.”
Anderson’s previous experience includes senior-level positions at a technology start-up that successfully completed an IPO, a distressed acquisition that was subsequently sold as a leading company in its industry, and a family-owned business that was transformed to a professionally managed organization and sold to private equity investors.
Anderson passed the CPA exam and holds a B.S. from Pennsylvania State University.
About Blackstreet Capital
Blackstreet Capital (www.blackstreetcapital.com) is a Chevy Chase, MD, based private equity firm with over $200 million of capital under management. Blackstreet focuses on control buyouts of companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. Blackstreet seeks investments in a range of industries, including manufacturing/distribution, restaurants, specialty retail, business services and health care.