Mergers & Acquisitions names the 2021 Rising Stars of Private Equity, including Monomoy’s Kevin Mulligan.
All Aspects of Dealmaking
A stellar and versatile skillset makes Monomoy Capital Partners vice president Mulligan stand out, managing director Jaime Forsyth told Mergers & Acquisitions. Over the past year, Mulligan led the recapitalization of auto components designer Sportstech and the divestiture of steel storage manufacturer Edsal. At the same time, he oversaw the firm’s recruitment and mentorship programs while supporting best labor practices at the firm’s portfolio companies, notably pushing for onsite vaccinations for workers. Mulligan “has the most balanced and well-rounded skillset among his peers,” Forsyth said. “Not only does Kevin excel from a deal execution standpoint, but he also works hard in building relationships with important third parties while serving as a mentor and sounding board for the junior investment team.”
Supporting Next Gen
Mulligan holds a leadership role with the junior investment team and Monomoy’s two summer internship programs, which recruit at historically black colleges and universities, seeking to provide opportunities to traditionally under-represented schools. He not only takes part in the early stages of the hiring process but also assists individual candidates in building strong resumes once they have started working. Mulligan hopes to see those same interns leverage those positions into additional investment banking and private equity experience and eventually “rejoin the Monomoy associate recruiting process.”
In these capacities, Mulligan has been both a strong advocate for diversity, equity and inclusion and a reliable mentor to the next generation of rising stars. As environmental concerns have come to the fore of political discourse and everyday conversation, firms have been tasked with making their commitments to sustainability quantifiable. Mulligan was a major proponent of such measures at Monomy’s portfolio companies.
“As part of the audit committee for Monomoy’s Sportech investment, I worked on developing and implementing the company’s first-ever governance procedures capital project and key agreement approvals,” he said. Companies are evaluated for category deficiencies and audited until they possess satisfactory scores across the board. The measures have allowed to firm to take on increasingly large infrastructure projects with managed oversight. Mulligan supports a model of investment that is as responsive as it is responsible.
