Hidden Harbor Capital Partners, a middle market private equity firm based in Boca Raton, Florida, has promoted Andrew Joy to partner. Helping to establish HHCP, Joy joined the firm at its beginning and played a key role the firm’s first five platform investments.
John Caple, managing partner, said, “Andrew was my first call when David, Chris, and I decided to form the initial team for Hidden Harbor. I worked with Andrew closely at Comvest Partners, our prior firm, and I knew he would bring a strong intellect and tenacious work ethic, and would contribute immediate value to the Firm.”
During his time at HHCP, Joy has served on the firm’s investment committee since its inception and has focused on all key aspects of the investment process including sourcing, transaction execution, and portfolio company oversight.
“In his time at HHCP, Andrew has excelled at identifying strong investment opportunities, bringing a best in class underwriting and due diligence approach, and building out our thesis in the automotive sector where he has particularly strong experience,” said Chris Paldino, Managing Partner.
Within the firm’s portfolio, Andrew serves on the board of directors for Cloyes Gear and Products, Anchor Danly / AWC Manufacturing, Masterwork Electronics and Wehner Multifamily. Additionally, he served on the board of the company’s first successful realized investment, Stella Environmental.
David Block, managing partner and leader of the firm’s portfolio operations group said, “Andrew is fantastic at building and leading teams, both internally and at portfolio companies, and takes a genuine interest in developing our team members at HHCP while also acting as a trusted advisor to our management teams.”
Prior to joining Hidden Harbor, he was a vice president in the private equity group at Cerberus Capital Management.
Joy commented, “I am thrilled to join the partnership at Hidden Harbor and excited to continue to focus on the growth of our firm and execute compelling risk-adjusted investment opportunities for our investors. I am thankful to be working alongside tremendously smart, talented professionals, but most importantly, with an ethical, humble group of colleagues who are continuously focused on improving.”