NEW
YORK, July 25, 2024 /PRNewswire/ -- Palladium
Equity Partners, LLC ("Palladium" or "the Firm"), a middle market
private equity buyout firm with over $3
billion in assets under management, today announced the
promotion of Daniel Ilundain to
President. Mr. Ilundain, a Partner of Palladium who joined the Firm
in 2005, currently serves as Co-Head of the Flagship Funds, a role
he will retain going forward.
"For two decades, Daniel has been an integral part of Palladium
contributing significantly to the success of Funds II, III, IV, and
V," said Marcos Rodriguez, Chairman
and Chief Executive Officer of Palladium. "His leadership has been
instrumental in doubling our value creation pace over the past five
years and he has consistently demonstrated a singular ability to
inspire our investment team to new levels of excellence. Daniel is
one of the best private equity investors and natural leaders that I
have ever known. This is a well-deserved promotion and a testament
to Daniel's dedication and the tremendous value he and our team
have created for our investors."
Mr. Ilundain added, "Palladium is an extraordinary firm that has
been executing a consistent, profitable strategy over decades. I am
very excited to lead Palladium into the future as we strive to
continue to deliver strong returns by investing in consumer,
services, industrial and healthcare businesses, especially those
addressing the fast-growing U.S. Hispanic market, where we have
unparalleled industry experience and expertise."
Founded in 1997 by Mr. Rodriguez, Palladium has invested in over
210 middle market companies (40 platforms and more than 170
add-ons) with a focus on the U.S. Hispanic market,
founder/family-owned businesses, and companies in fragmented
industries. The firm accelerates value creation by transforming
these companies into professional enterprises and institutions.
"Over the past 20 years, Marcos' mentorship and partnership have
been instrumental in the growth and development of the firm and its
people, and I am excited to continue our work together," added Mr.
Ilundain.
Mr. Ilundain has a 21-year history with Palladium, beginning in
2003 as an investor in Palladium when he was an investment manager
at the private equity group of BBVA in Spain. He currently serves on the boards of
directors of Palladium portfolio companies Accupac, Health Connect
America, and Superior Environmental Solutions, and has served as a
director of more than a dozen other Palladium portfolio
companies.
Mr. Ilundain is a Chartered Financial Analyst and earned a B.S.
in Industrial and Mechanical Engineering from Universidad Pública
de Navarra (Spain), a B.S. in
Engineering from Staffordshire University (UK), a Leadership
Development diploma from Harvard Business
School, a Management Development Program (PDD) diploma from
IESE Business School (Spain) and a
Masters in Finance from BBVA Escuela de Finanzas (Spain).
About Palladium Equity Partners, LLC
Since its founding in 1997, Palladium has invested in more than 210
companies (40 platforms and more than 170 add-ons). With
over $3 billion in AUM, the firm focuses primarily
on buyout equity investments in the range of $50
million to $150 million. Palladium seeks to acquire and
grow companies in partnership with founders and experienced
management teams by providing capital and strategic guidance. The
partners of the firm have meaningful experience in consumer,
services, industrials, and healthcare businesses, with a special
focus on companies they believe will benefit from the growth in the
U.S. Hispanic population. For more information,
visit www.palladiumequity.com.
Contacts:
Jeffrey
Taufield or Todd Fogarty
jeffrey.taufield@kekstcnc.com or todd.fogarty@kekstcnc.com
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SOURCE Palladium Equity Partners, LLC