GenNx360 Capital Names W. Andrew Shea Managing Partner

* Reuters is not responsible for the content in this press release.

Tue Jun 30, 2009 10:42am EDT

NEW YORK--(Business Wire)--
GenNx360 Capital Partners, a private equity firm focused on underperforming
industrial business-to-business companies with $250 million to $1 billion in
revenues, announced today that W. Andrew ("Drew") Shea, an attorney with nearly
two decades of investment banking and private equity experience, has joined the
firm as a managing partner. 

Mr. Shea, 43, has successfully invested more than $1 billion in a diverse group
of middle market businesses including the nation's fourth largest window
manufacturer, a prominent protective equipment manufacturer, and a large
oilfield services company. He most recently served as a principal of New
York-based Allied Capital Corporation where he managed multiple deal teams in
the firm's New York office. Prior to that, he served as a partner at Ardshiel,
Inc. and a principal at Lincolnshire Management, Inc. executing investments for
the firm's $315 million Lincolnshire Equity Fund II, L.P. Mr. Shea also held
senior positions at Merrill Lynch & Co.; Inverness Management, LLC; and Bear
Stearns Companies, Inc. 

"Drew has an extremely impressive track record executing successful mergers and
acquisitions that result in substantial savings and yield significant returns,
and he is a valuable addition to our senior management team," said Ronald
Blaylock, a GenNx360 founder and managing partner. 

Mr. Shea is a former board member of Atrium Inc., Riddell Sports Group, and 3SI
Securities Systems. He holds a JD and BA in history from Georgetown University;
he became a member of the New York State Bar Association in 1993.

About GenNx360 Capital Partners

New York-basedGenNx360 Capital Partners is committed to delivering superior
returns to investors in all its portfolio companies. The firm acquires companies
with proven and sustainable business models in expanding industries and
implements the required operating changes to deliver cost efficiencies and grow
reinvestment opportunities. The firm's proven business methodology is based on
more than 100 years of partner experience successfully running global
businesses. For more information visit, www.gennx360.com. 



Starkman & Associates
Eric Starkman, 212-252-8545 x. 12
erics@starkmanassociates.com
or
Jim Cheston, 212-252-8545 x. 22
jcheston@starkmanassociates.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.