O2 Investment Partners announced the promotions of Andrew Faubel to Vice President, Sam Wegenke to Senior Associate and William Laffrey to Senior Associate.

Luke Plumpton announced the promotions of Faubel, Wegenke and Laffrey: “I am very excited to recognize these outstanding team members. Andrew, Sam and Will have earned their respective promotions by making significant contributions during their time with O2. Their proficiency in evaluating and executing investment opportunities and partnering with management teams to scale our portfolio companies has enabled O2 to further establish itself as a leading lower-middle market private equity firm. Andrew, Sam, and Will have embodied O2’s philosophy of ‘honoring the entrepreneur’ and have demonstrated its unique effectiveness in partnering with family- and founder-owned businesses. We’re very proud of them and we look forward to seeing what they will help us achieve in the future.”

Faubel joined O2 in 2022 and was instrumental in the formation of O2’s newest platform, Straightaway Tire & Auto, where he now serves on the board of directors. Wegente joined O2 in 2021 and has been key to the ongoing success of O2’s investments in both unWired Broadband and Modular Devices. Laffrey joined O2 in 2022 and has been critical to the continued expansion of Stronghouse Solutions.

These promotions follow an active start to the year for O2, in which it has already completed 11 acquisitions and had the final close of its oversubscribed $445 million Fund IV. O2 is eager to continue building on this success throughout the rest of 2023.