Washington DC-based private equity firm The Halifax Group has promoted David Bard to partner after three years with the investment house.
Bard will continue to source evaluate and execute investments in addition to joining the firm’s leadership team.
He currently serves on the boards of portfolio companies StrataTech, TriMech, Maverick Fitness and Southern Siding Company.
Halifax managing partner Scott Plumridge said, “David is a strategy-driven investor who uses his background as a consultant to drive novel change within our portfolio.
“From developing new investment theme areas and leading thorough underwriting efforts to implementing successful growth strategies alongside management teams, David is absolutely dedicated to finding and creating value on behalf of our investors.”
Halifax is currently investing out of Halifax Capital Partners IV, a $650m vehicle it closed in 2017.
Earlier this year the firm named operating executive and former RLJ Equity Partners founding member Jerry Johnson as a partner.
Johnson was a founding member and partner of mid-market private equity firm RLJ Equity Partners, where he sourced and executed business services investments.
Halifax specializes in equity recapitalizations, corporate carve-outs and management buyouts across industries including outsourced business services, health and wellness and franchising.
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