Nonantum Capital Partners Bolsters Executive Ranks
- On March 11, 2020
Adds Kathleen McCann, Transportation Logistics Industry Veteran, as an Executive Partner
BOSTON, MA, March 10, 2020 – Nonantum Capital Partners (“Nonantum”), a middle-market private equity firm in Boston, today announced the addition of Kathleen McCann to the firm as an Executive Partner. McCann brings more than 30 years of experience leading organizations to bolster growth and develop lasting business strategies. McCann has worked with senior members of the Nonantum team dating back to their prior investment in United Road in 2012.
McCann will continue her current role as Executive Chairman of United Road, a tech-forward logistics company focused on the automotive, truck and heavy-haul industries where she previously served as Chairman and CEO. McCann led United Road through a period of rapid growth beginning in 2011, nearly tripling in size to become the largest provider of vehicle transportation services in North America in 2017. For the prior two decades, McCann served as a Board Member and Senior Vice President of Soave Enterprises, a diversified management and investment company.
“Kathleen has a strong track record of guiding organizations through important transitional periods of growth,” said Jon Biotti, Managing Partner of Nonantum. “As a member of our executive team, Kathleen will provide important industry and management experience to our team and our portfolio companies. We are thrilled to welcome Kathleen and benefit from her insights and track record.”
Nonantum is a private equity firm led by a group of experienced private equity and management executives, formed in 2018 as a spin-out from Charlesbank Capital Partners. The firm invests in family- and founder-owned businesses, corporate carve-outs, and complex situations where personal partnership is critical, and opportunities exist for significant equity value creation.
“The industry’s deep respect for Nonantum is based on not just what they do, but how they do it,” said McCann. “It is a privilege to join a firm with such strong values, and one that both deeply believes in its portfolio companies and seeks to build stronger and better companies. After years of fruitful collaboration with the Nonantum leadership team, I am delighted to join the firm and help guide the business and our investments.”
In addition to a successful career, McCann is an active community leader particularly focused on issues related to education, healthcare and poverty. She has held leadership positions with the Catholic Schools Council of Detroit; Ascension’s St. John Providence Health System, Sacred Heart Major Seminary; Detroit Regional Chamber and the Capuchin Soup Kitchen, among other institutions.
Founded in 2018 by a team of experienced private equity and management executives as a spin-out from Charlesbank Capital Partners, Nonantum is a Boston-based middle market private equity firm. Nonantum focuses on investing in family and founder-owned businesses, corporate carve-outs, and complex situations where personal partnership is critical, and opportunities exist for significant equity value creation. The firm seeks to invest in businesses with $10 million to $35 million of EBITDA. For more information, visit https://nonantumcapital.com/.