Blue Wolf Capital Partners LLC, a middle-market private equity firm focused on the healthcare and industrial sectors, has hired Stephen Madsen, who will lead the firm’s business development team as managing director.

Madsen will be responsible for identifying investment opportunities, coordinating with the senior investment team to source deals and managing the intermediary selection process for portfolio company transactions. Prior to joining Blue Wolf, Madsen led the business development function at Monomoy Capital with a focus on sourcing new investment opportunities from intermediaries, family owners and corporations.