Emerging Leaders within the Firm
Cleveland, Ohio (May 24, 2022) – CW Industrial Partners (“CWI”) is pleased to announce that Andrew Foster and Steve Hruby have been promoted to Vice President. During the past year Steve and Andrew have been instrumental in developing the firm’s acquisition processes while also taking on leadership roles in transactional due diligence, financing, and corporate governance of CWI portfolio companies.
Steve Hruby joined CWI full time in 2021 as a Senior Associate after serving as an MBA associate during the summer of 2020. Prior to joining CWI, Steve served in the transaction advisory services group at EY in its business valuation and financial due diligence practices. He also has experience in investment banking at Piper Sandler and started his career in the assurance practice at PWC. Steve is a CFA charter holder and earned his MBA from the Amos Tuck School of Business at Dartmouth College and his BS from John Carroll University.
Steve enjoys CWI’s industrials focus because he “believes manufacturing capabilities matter – not only to fuel the economy in good times but also to keep it functioning in times of crisis.”
Andrew Foster joined CWI in 2021 as a Senior Associate with a broad range of investment experience including stints at the Ocean Tomo Investment Group and Edgewater Capital Partners. He began his career as an investment banking analyst at Western Reserve Partners. Andrew obtained his MBA from the Kellogg School of Management at Northwestern University and his BS from Miami University.
As an industrial investor with CWI, Andrew most enjoys “Building relationships with the individuals leading America’s manufacturing renaissance and providing our management teams with the tools needed to drive sustainable growth.”
Todd Martin, Managing Partner of CWI said, “we consider ourselves incredibly fortunate to be surrounded by individuals the caliber of Andrew and Steve. This promotion is well earned by both. We look forward to their continued progression in years to come.”
ABOUT CW INDUSTRIAL PARTNERS: CW Industrial Partners is an industrial focused private equity firm that is backed by knowledgeable investors who partner with it in finding, vetting, and owning companies. Based in Cleveland, Ohio, CW Industrial Partners acquires lower middle-market companies and gives them the capital, support, and freedom to grow. Recent acquisitions include Bryant/SST, ERL, Essco, Innoveyance, Libra Industries and Safe-Way Garage Doors. Founded in 1999, the firm’s investors are primarily successful entrepreneurs and executives who contribute to the evaluation and investment processes. CWindustrials.com
Editors: For details, or to schedule an interview contact Todd Martin | [email protected] or 216.472.5545.
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