CLEVELAND, OH – CapitalWorks, LLC is pleased to announce that J.D. Sullivan, Jr. has joined the firms Advisory Board and adds another key player to their network of industry experts. Mr. Sullivan is the CEO of MFH Partners, an investment holding company, and the Vice-Chairman and recently past CEO of North American Kitchen Solutions, Inc., a manufacturer of commercial kitchen ventilation and fire suppression systems. Mr. Sullivan was the past Chairman and CEO of Mayfran International, Inc., a provider of engineered industrial automation products and systems.
In 2004, Mr. Sullivan, with a group of investors, led the buyout of Mayfran from British concern Tompkins plc. (NYSE: TKS). The Company was sold in late 2012 to Osaka, Japan-based Tsubakimoto Chain Co. (TYO: 6371).
Mr. Sullivan has a wide array of management, operations and transactional experiences in his background. He was Senior Vice President with Carleton, McCreary, Holmes & Company and its successor KeyBanc Capital Markets, where he managed a variety of investment banking engagements. Mr. Sullivan began his career with various operating positions in telecommunications, software, manufacturing and real estate development. As Principle and CEO, he has led multiple private acquisitions of businesses including iPower Distribution Group and Mayfran.
“J.D. is a great fit for CapitalWorks. He knows our team and our culture and brings with him a wide array of experiences that will help our team and our portfolio companies” said Dick Hollington, Managing Director and CEO. “Joining the firm is a round trip for Sullivan, who along with Rob McCreary founded CapitalWorks in 1999.”
J.D. earned a BA from Middlebury College and MBA from Harvard University. He is trustee of College Now Greater Cleveland, University School, the Rock and Roll Hall of Fame + Museum, Wendy Park Foundation and the Cleveland Art Association.
CapitalWorks (capitalworks.net) is a Midwestern and family-focused private equity firm that encourage knowledgeable investors to partner with it in finding, vetting and owning companies. Based in Cleveland, Ohio, CapitalWorks acquires lower middle-market companies in the manufacturing, aerospace, specialty chemicals business services, and value added distribution industries and provides the capital, support and freedom to grow. Recent acquisitions include Paradigm Windows, Chemtron Corporation, Bancsource, Inc., Ripley Tools and Capewell Aerial Systems. Founded in 1999, the firm’s investors are primarily successful entrepreneurs and executives who contribute to the evaluation and investment process.