Big Shoulders Capital announced an enhanced focus on equity investments in distressed manufacturing businesses, with the hiring of Brian Schroeder as Vice President of Equity Investments.

Schroeder brings financial and operational expertise in distressed situations, having been awarded both the small and large turnaround of the year awards from the Turnaround Management Association in 2020 and 2021 for his contributions to Midwest Paper Group and Hobie Cat Company respectively. Schroeder previously held roles at MorrisAnderson, BMO, and EY, is a CFA, CPA.

Big Shoulders Capital currently has three portfolio companies in injection molding, metal fabrication, and aluminum products. Unlike typical private equity, Big Shoulders invests its own funds. Schroeder siad, “We aren’t subject to fixed timelines so we can be more patient – and flexible - with our portfolio companies.”

BSC’s equity investments group focuses on controlling equity investments in distressed lower middle market manufacturers with revenues from $10 to $100 million, with the ability to compete up or down market on a deal-by-deal basis. These companies have attractive market positions in asset-heavy industries allowing BSC to leverage the deep expertise of their financing and asset disposition verticals.