Swander Pace Capital, a consumer-focused private equity investment firm, has promoted Alex Litt and Robert Vassel to director.
Litt joined Swander Pace Capital in 2013 and has worked on 12 portfolio company investments. Prior to joining SPC, he was an investment banker at Houlihan Lokey, where he advised consumer products clients on mergers and acquisitions.
Vassel has been promoted to director of business development and growth. He joined the firm in 2016 and has focused his efforts on developing and closing new investments and working with portfolio companies to drive growth. Prior to joining SPC, Vassel spent 18 years at the Clorox Company in various brand management, sales and corporate development roles across brands such as Hidden Valley, Burt’s Bees and Armor All.
“We are thrilled to announce the promotions of Alex and Rob,” comments Andrew Richards, founder and CEO of SPC. “They have both been important assets to our team, helping drive strong performance across several of our investments and creating value for our investors.”