PPC Partners announced that Anthony Cardona has re-joined its Services team as a vice president. Led by Ryan Roberts, investment partner, and Gregg Kaplan, operating partner, the team invests in and oversees companies across the services sector with a focus on tech-enabled, supply chain and industrial services.
Previously, Cardona spent three years as an associate and senior associate at Pritzker Group Private Capital before leaving to pursue an MBA. PPC Partners was formed by Pritzker Group Private Capital in 2018 as its exclusive acquirer of middle-market companies.
Prior to joining PPC Partners, Cardona was an investment banking analyst at Lincoln International in its Global Business Services group. Cardona will be based in Chicago, where he will help source and execute new investments as well as work closely with the management teams of PPC Partners’ Services companies.
“Anthony’s breadth of experience in working with family-owned businesses enhances our ability to create value in current and future services companies,” said Paul Carbone, PPC Partners president and managing partner. “Using our long-duration capital base and experience in building family- and entrepreneur-owned services companies, we look to provide differentiated solutions to business owners and deliver superior service to our customers.”
Within its focus areas, the Services team is looking to acquire business-to-business services companies that have market leadership positions, recurring revenue business models, strong management teams and opportunities to further consolidate their industries. In addition, PPC Partners is well-positioned through its relationships, resources and experience to help companies take advantage of technology to enhance their service offerings and competitive positions.
PPC Partners’ current group of service companies include PECO Pallet, a North American leader in pallet rental services and logistics; ENTACT, a leading environmental remediation and geotechnical construction services company; and Entertainment Cruises, the nation’s largest dining cruise company.
In addition to his MBA from Northwestern University, Cardona holds a bachelor’s degree from Washington and Lee University.