STAMFORD, Conn.--(BUSINESS WIRE)--LongRange Capital, a private equity firm focused on building and growing middle market businesses over the long-term, announced today that Andrew Cialino has joined the firm as Principal, Head of Business Development. In this role, he will oversee deal origination and sourcing activities at the firm.
Mr. Cialino is joining the LongRange team from SFW Capital Partners, where he was Principal and Head of Business Development. While at SFW, he helped the firm build its business development engine and source several platform and add-on investments. Prior to SFW, he was the Head of Sales at Axial Networks, where he worked with hundreds of middle market private equity firms on their business development strategies and developed a robust network of potential deal sources. Mr. Cialino earned a BA in Economics from the College of the Holy Cross and an MBA from Columbia Business School.
“Andrew brings an extensive network and strong experience in middle market business development,” said Bob Berlin, Managing Partner at LongRange Capital. “We are excited to have him enhance our sourcing efforts and support the continued growth and success of LongRange and its portfolio companies.”
LongRange closed its first fund in September of 2020 with capital commitments totaling over $1.5 billion. Last month, LongRange announced the acquisition of Batesville Services, a leading provider of quality death care products and services as well as innovative technology solutions, from Hillenbrand, Inc. (NYSE:HI).
About LongRange Capital
LongRange Capital, an investment firm with over $1.5 billion in committed discretionary capital, was formed in 2019 to invest predominantly in private middle market businesses in fundamentally sound industries, including non-discretionary consumer, value-add industrials, and information-related and data-related services, among other segments. The firm’s capital offers the flexibility to be either a majority or minority owner as well as a partner or structured capital provider to corporations and other shareholders. LongRange seeks to invest $50 to $400 million in each investment and is interested in working with management teams to help drive business growth and value creation over the long-term. For more information, please visit www.longrangepartners.com.
