MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, has hired Eric Gordon and Bob Myers to the firm as operating partners.
Gordon, a senior executive with over 30 years of technology leadership experience, has been both a CIO and a strategic advisor to global companies in the retail, consumer products, financial services, healthcare and hospitality sectors. He will lead MidOcean’s technology-related efforts around strategic growth road mapping and cost optimization across the firm’s portfolio companies as well as on new opportunities the firm is evaluating. Gordon is currently the president of Versitae, an innovative technology outsourcing company that offers enhanced offshore IT services.
David Kieselstein, chairman of MidOcean’s private equity business, commented, “We are thrilled to have Eric Gordon on board as he brings a rare combination of both depth and breadth of technology experience. He has excelled across an array of industry sectors and brings unique perspectives as both an operator and an advisor with respect to driving transformation via technology. He is perfectly suited to work across both our consumer and business services portfolio companies to drive performance.”
Myers will work directly with MidOcean’s investment teams and portfolio company senior management with a focus on enhancing the digital capabilities of its existing portfolio companies and assessing potential future investments.
Myers most recently served as president and chief executive officer of the American Achievement Corp., a manufacturer and digital retailer of customized graduation products and services.
Eric Roth, managing director at MidOcean, commented, “Bob Myers is an extraordinarily talented leader who is uniquely positioned to strengthen MidOcean’s ability to drive digital transformation across our portfolio.” Roth also noted, “I have known Bob for many years and he is highly respected as a thoughtful and creative collaborator across the consumer industry. His long-term successes speak for themselves and we are grateful to have him on the MidOcean team.”