NEW YORK–(BUSINESS WIRE)–Radial Equity Partners, a private equity firm focused on investing in middle market businesses serving consumer and industrial markets, announced today that it has appointed Steven J. Pelch as a Senior Advisor. Mr. Pelch will work closely with the principals of Radial to identify and assess new investment opportunities as well as help support value creation efforts at the firm’s portfolio companies.
Steve previously served as the Chief Operating Officer and Executive Vice President for Emerson Electric. Steve worked with Emerson for a total of 34 years in both corporate and business unit P&L leadership roles. Steve has held executive leadership positions in Strategy, Mergers and Acquisitions, Human Resources, Talent Management and Operations. Steve began his career at Emerson as an applications engineer, then worked in its service industry, led an acquisition and worked for three years in Asia.
“I am excited to join the Radial team and look forward to helping expand the firm’s capabilities,” said Mr. Pelch. “Joining forces with a firm that is focused on creating long-term value using a consistent, repeatable strategy and process is a great fit with my knowledge, experience and skill set.”
“Steve is an exceptional addition to our team. His industry experience, leadership and focus on operational excellence will be tremendous assets as we evaluate new opportunities and drive value creation strategies at our portfolio companies,” said Phil Carpenter, Managing Partner at Radial. “Working with executives of Steve’s caliber allows us to have the conviction necessary to aggressively pursue opportunities, deliver value to our management partners and realize the full potential of our investments.”
About Radial
Radial is a private equity firm focused on investing in middle-market businesses serving consumer and industrial markets. Radial invests in businesses where the team can apply their prior experience and network of industry relationships to bring insights and support their management partners. More information about Radial is available at www.radialequity.com.
