Trilantic North America, a growth-focused private equity firm, has promoted Dan Siegman to managing director.

Prior to the promotion, Siegman played an integral role in expanding the firm’s business services offering. Siegman led an investment in WebFX in addition to launching Tercera, an IT services platform.

Before joining Trilantic in 2013, Siegman worked at Invus Opportunities, a private equity firm, and The Boston Consulting Group.

“Dan has contributed tremendous value to our business services team over the years, helping to lead recent investments this year in WebFx and Tercera,” said Charlie Ayres, chairman and managing partner of Trilantic North America. “We are thrilled to promote him to Managing Director and to see all that he will accomplish in this new role.”