MIAMI, FL — (January 24, 2011) The partners of Trivest Partners, L.P. (“Trivest”), Troy Templeton, Jamie Elias, Chip Vandenberg and Earl Powell, are pleased to announce that Todd V. Jerles has been promoted to Principal effective January 1, 2011. Additionally, Trivest recently welcomed Ernesto E. Padron to the firm as an Associate. Ernesto will assist Trivest in the analysis of investment opportunities and the acquisition and oversight of portfolio companies. He will also participate in all Trivest deal sourcing activities.
Todd joined Trivest in 2008 after receiving his M.B.A. from The Wharton School at the University of Pennsylvania. He obtained his undergraduate degree in Economics from Indiana University, Phi Beta Kappa. Prior to joining Trivest as Vice President in 2008, Todd worked in New York as an investment banker with Lehman Brothers and Leerink Swann & Company.
Since joining Trivest, Todd has been actively involved in the acquisition, monitoring and sale of the firm’s portfolio of investments, including DirectBuy, DEI Holdings and Lady of America. In addition, he has been instrumental in developing and implementing marketing initiatives for Trivest, contributing to an increase in the number of annual deals sourced by the firm.
Ernesto joined Trivest from Sigma Capital Partners as an Analyst targeting micro-cap public companies. Prior to Sigma, Ernesto was an Analyst with Bank of America focusing on media and telecom investment banking. Ernesto received his B.S. in Finance from the University of Florida.
Troy D. Templeton, Trivest’s Managing Partner, said, “Todd has made a very meaningful contribution to our firm in terms of executing platform and add-on investments. We’ve been quite active at Trivest since Todd joined the firm and his work ethic and drive has been an important part of our achievements. Ernie has already contributed to Trivest’s successful year by working on several platform acquisitions. We look forward to another outstanding year.”
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 150 transactions totaling more than $4.5 billion in value. For additional information, please visit www.trivest.com.