January 14, 2008

Castanea Partners Announces Promotion and New Hire

Castanea Partners, a middle market private equity firm that invests in small and middle market companies in publishing, information services, education, training, consumer brands, specialty retail, and marketing services, announced today the promotion of Troy Stanfield to Partner and the hire of Drew Collina as Principal of Marketing and Business Development.

Troy joined Castanea in 2002 from Bain & Company, a leading worldwide management-consulting firm. While at Bain, Troy served clients in the information services, consumer products, transportation, and manufacturing industries. Prior to his experience at Bain & Company, Troy was an investment professional at the private equity firm Berkshire Partners. His experience at Berkshire included investment evaluations across a wide spectrum of industries and closed transactions in the business services and consumer products industries. Troy received his MBA from Harvard Business School and his B.S. in Commerce with concentrations in Finance and Management from the University of Virginia.

Drew Collina joins Castanea Partners as a Principal with over 10 years of investment banking experience. He will be primarily responsible for coordinating Castanea’s business development and acquisition origination activities. Prior to joining Castanea, Drew was Director of New Business Development at EMC Corporation (NYSE: EMC) in the Corporate Development and Mergers & Acquisitions Group. Previously, Drew worked for the Global Investment Banking Group of RBC Capital Markets following its 2001 acquisition of Tucker Anthony Sutro, where he specialized in middle market mergers & acquisitions transactions. Prior to RBC, Drew was a member of the Mergers & Acquisitions Group at BancBoston Robertson Stephens and previously, the financial advisory and auditing divisions of Coopers & Lybrand, LLP. Drew received his B.A. from Brown University and MBA from Boston University.

About Castanea

Castanea is a private equity firm that works in partnership with founders and management teams of innovative passion brands to grow their businesses through a combination of capital investment and operating expertise. We are focused on select consumer verticals including beauty, food and beverage, multi-unit services, and enthusiast lifestyle. We typically invest between $15 to $150 million of equity in minority or majority transactions. Our team of talented operating executives offers critical expertise in key verticals and functional areas, and provides our partner companies with strategic and tactical support. Castanea has more than $1 billion in assets under management and is currently investing from a $735 million fourth fund. For more information about Castanea Partners read our story.

Back to News

Stay Updated