STAMFORD, Conn. -- December 12, 2023 - LongRange Capital, a private equity firm with over $1.7 billion in assets under management, today announced it has promoted several of its team members, including two of its senior professionals, Sunny Patel and Mike Houy, to Managing Director.
Bob Berlin, Managing Partner at LongRange Capital, said, “I am pleased to recognize these individuals with well-deserved promotions for their valued dedication and strong contributions to LongRange as we continue to build our platform and invest in businesses to drive long-term value.”
Sunny Patel joined LongRange in 2021 and primarily focuses on businesses in the non-discretionary consumer and data & information-based services sectors. He is actively involved in the firm’s investments in Batesville and Peraton. Prior to LongRange, Mr. Patel was a founding member of the investment team at Navab Capital Partners and before that was with 3G Capital, including several years as general manager of large consumer brands at Kraft Heinz. Prior to 3G Capital, Mr. Patel was a Principal at KKR, focused on their consumer and media & communications private equity investments.
Mike Houy joined LongRange in 2022 and is primarily focused on value-added industrials and manufacturing companies. He is actively involved in the firm’s investment in Batesville. Prior to LongRange, Mr. Houy was an investment professional at KPS Capital Partners focused on private equity investments in global manufacturing and industrial companies.
Additionally, LongRange has promoted Austin Marcus to Vice President and Vivaan Dave to Senior Associate.
We are pleased to announce the promotions of these individuals who have had significant impact on the growth of the firm and look forward to their long-term success.
About LongRange Capital
Founded in 2019, LongRange Capital was formed to take a longer-term perspective to investing and building better businesses through a company-focused and customer-first philosophy. We thrive in working with other stakeholders in addressing the specific needs of businesses and partnering with our portfolio companies to ensure that the capital structure, management, strategy, resources, execution, and incentives are aligned to achieve our collective goals. Our capital offers the flexibility to be either a majority or minority owner as well as a partner or structured capital provider to corporations, families, business leaders and other shareholders. For more information, please visit www.longrangecapital.com.
Brian Ruby, ICR, 203-682-8268, firstname.lastname@example.org