OAK
BROOK, Ill., July 25,
2024 /PRNewswire/ -- UPG Enterprises LLC, ("UPG") has
hired Mike Molenda to be the Vice
President of Capital Markets & Business Development. In his
role, Mr. Molenda is responsible for opportunities to grow UPG
through acquisition. He reports directly to Jamie Martin, UPG Enterprises CEO.
Mr. Molenda brings over three decades of experience originating
and structuring opportunities in the industrial and manufacturing
markets and has deployed over $3
billion in capital towards financing acquisitions, credit
facilities, and private placement. He has held leadership positions
in banking with Ally Commercial Finance and Regions Business
Capital, as well as in capital placement across multiple private
investment funds. Mr. Molenda holds a BBA in Business
Administration from the Ross School of Business at the University of Michigan and has an MBA from the
University of Chicago Booth School of
Business.
"We are extremely fortunate to add Mike to the team. He has an
outstanding business acumen and vast experience in this field.
Also, it is the first time since I have been here, that we have had
someone who's sole focus is on finding acquisition targets that
will complement our core businesses." Said
Jamie Martin. Mr. Martin added, "He'll be a great asset to
the team." Mr. Molenda added," UPG is at an exciting juncture in
its ten-year history. They are poised to grow, and I am extremely
excited to help drive their growth."
About UPG Enterprises LLC
UPG Enterprises LLC is an operator of a diverse set of
industrial companies focused on metals, manufacturing,
distribution, and logistics. With over twenty locations throughout
North America, its operations
continue to grow with the intention of building a business based on
culture, respect, and growth. To learn more, visit
www.upgllc.com.
CONTACT: Frank Barney,
fbarney@upgllc.com
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SOURCE UPG Enterprises LLC