Senior Investor in Branded Consumer Products and Services to Focus on New Opportunities
Castanea Partners, a private equity firm focused on investing in branded consumer products and services, announced today that Tim Burke has joined the firm as a Partner.
Rob Smith, a Managing Partner of Castanea, said, “Tim is an experienced private equity professional and consumer investor and we’re very excited to have him on our team. As a senior investor, Tim has extensive experience in all aspects of middle market investment sourcing, execution, and post acquisition management. He brings with him an extensive network of industry relationships including entrepreneurs, business owners, and investment bankers. Tim’s extensive knowledge and network in the consumer sector will help us identify new opportunities for investment.”
Prior to joining Castanea, Tim was Co-Founder and Partner of Glenbrook Consumer Partners, a San Francisco based consumer fund where he was responsible for all elements of the investment process. Prior to Glenbrook, Tim was a Partner at Rosewood Capital, a middle market consumer fund where he was active in consumer products and services, retail, and restaurants. As a senior investor at Rosewood, he led multiple investments and worked closely with portfolio companies. Tim holds a BA in Sociology from Harvard University and an MBA from Stanford Graduate School of Business.
“I am very pleased to be joining the Castanea team,” said Tim Burke, “They have established themselves as a leading middle market private equity firm with deep operating experience in the branded consumer sector. I look forward to helping them identify new investment opportunities and partner with founders and management teams of exceptional small and mid-size companies.”
Tim will be relocating to the Boston area.
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.