HERMOSA BEACH, Calif.–(BUSINESS WIRE)–Nolan Capital is pleased to announce the addition of Frank Pikus to its
team. Frank will serve as an Operating Partner, focused on strategic and
operational engagement to enhance long-term value in the Nolan Capital
portfolio.
Peter Nolan, President of Nolan Capital, made the following statement:
“We are proud to announce the addition of Frank Pikus to our team. Frank
brings deep and diverse operating experience to our firm, having served
for over 25 years in executive roles at various companies in the
hospitality, event management and consumer products industries.”
Prior to joining Nolan Capital, Frank served as an Executive Committee
member of Towne Park for 11 years and most recently as its Chief
Operating Officer. Towne Park is a leading hospitality and parking
services company focused on the hotel, commercial and healthcare
marketplace. While at Towne Park, Frank led 13,000 associates and was
instrumental in redefining corporate culture, acquiring and integrating
competitors and building and fostering strong teams. Frank joined Towne
Park following the sale of Avascend Healthcare Hospitality where he
served as CEO. Avascend specializes in guest and hospitality services to
healthcare providers. Prior to Avascend, Frank co-founded Veritas
Partners, a Kansas-based private equity firm, where he was the President
and Managing Director and also served on the company’s Board of
Directors. Before co-founding Veritas, Frank spent nine years as a Vice
President, General Manager and Board Member of Gear for Sports, a
HanesBrands company that manufactures high quality sportswear, headwear
and accessories. Frank graduated from Rockhurst University in Kansas
City, Missouri, earning a B.A. degree in Finance and Economics. He
resides in Overland Park, Kansas with his wife of 27 years, four
children and two golden retrievers.
Frank expressed his excitement on the new role and said, “Nolan Capital
provides an excellent opportunity for creative and sustained growth in
an environment that is focused on integrity and providing a unique and
enduring commitment to its people.”
About Nolan Capital (www.nolancap.com)
Founded in 2014 and based in Southern California, Nolan Capital
originates, executes and manages private equity, real estate and other
investments on behalf of the Nolan family. Nolan Capital’s private
equity strategy is focused on making control investments in leading
middle-market companies that generate annual EBITDA of $5 million to $30
million. The firm takes a long-term approach to private equity investing
and provides strategic and financial support to businesses and their
management teams to help build sustainable shareholder value. Nolan
Capital’s private equity portfolio includes Fresh Brothers, a 19-unit
pizza delivery chain focused on high quality, better-for-you
ingredients, and Diamond Wipes International, a contract manufacturer of
wet wipes and disposable towelettes.
The firm is managed by Peter J. Nolan, who has over 35 years of
investment experience, most recently as former Managing Partner and
current Senior Advisor of Leonard Green & Partners, a leading private
equity firm with over $24 billion of private equity capital raised since
inception. Previously Peter was a Managing Director and Co-Head of DLJ’s
(now Credit Suisse) Los Angeles Investment Banking Division, which he
joined in 1990. Prior to DLJ, Peter had been a First Vice President in
corporate finance at Drexel Burnham Lambert in Beverly Hills from 1986
to 1990, a Vice President at Prudential Securities, Inc. from 1982 to
1986 and an Associate at Manufacturers Hanover Trust Company.
Contacts
Priscilla Park
Nolan Capital Inc
58 11th Street
Hermosa
Beach, CA 90254
Telephone: (424) 675-7607
Email: [email protected]
