May 17, 2022

Heartwood Partners Adds Two New Team Members

Heartwood Partners, based in Norwalk, CT, is pleased to announce that Brian Chung has joined the firm as a Senior Associate and Drew Greene has joined as an Associate.  Both Mr. Chung and Mr. Greene are involved in executing our new investments and the management of our existing investment portfolios.

Prior to joining Heartwood Partners, Mr. Chung was an investment professional at Post Capital Partners, a private equity firm in New York, NY. Previously, Brian was an Analyst at Stifel in New York, NY. He received his Bachelor of Science in Foreign Service in International Economics from Georgetown University.

Mr. Greene previously was a Strategy and M&A Associate with The Heritage Group, where he supported the execution of add-on acquisitions and new platform investments.  Prior to the Heritage Group, Drew worked as an Analyst with JMP Securities in New York, NY.  He received his Bachelor of Science in Finance, Economics & Management from Purdue University.

Heartwood Partners is focused on partnering with family and management-owners.  Our approach combines strategic execution with conservative capital structures to support long-term growth, including organic and acquisition-driven expansion into new products, services, and end markets.  Please visit the Heartwood Partners website at www.heartwoodpartners.com to review our approach and investment portfolio.


Please contact the following members of the investment team at Heartwood Partners with investment or add-on opportunities:

John Willert, Managing Director
jwillert@capitalpartners.com

John Newman, Principal
jnewman@capitalpartners.com

About Heartwood Partners

Heartwood Partners has been dedicated to investing in private companies for over 37 years, developing a well-established track record of supporting management teams to build and grow their companies, both organically and by add-on acquisition. You can learn more about Heartwood Partners at www.heartwoodpartners.com. We are currently investing from a $600 million committed fund, Heartwood Partners Private Equity Income Fund III, LP. In addition, we have access to additional equity capital through co-investment from our limited partners. Our approach is designed for a longer-term investment horizon (our average investment period has been 5-7 years) and to capitalize portfolio businesses conservatively using significantly more equity and less debt than is typical in private equity investments. We do this to strengthen portfolio company balance sheets, create significant operating and bank covenant flexibility and perpetuate a business’ ability to pay a cash yield out of excess cash flow to shareholders and management.