New York, NY – January 29, 2020 – Vestar Capital Partners (“Vestar”), a leading middle-market private equity firm, today announced that Pedro Guimaraes has joined the firm as a Senior Advisor focused on the Testing, Inspection, and Certification (“TIC”) sector.
Mr. Guimaraes brings more than 30 years of leadership experience in the TIC sector, having held an array of positions at Bureau Veritas, most recently as CEO of its North American Operating Group. During more than three decades with Bureau Veritas, he held nine executive positions and led large multicultural and multinational teams across North America, Latin America, Europe, and the Asia-Pacific region.
Mr. Guimaraes will work closely with Vestar’s Business & Technology Services team to actively pursue new platform opportunities in the TIC sector across a variety of end markets.
“We have had a strong interest and investment thesis in the TIC sector for some time now, and we are thrilled to partner with Pedro to actively pursue investments in this attractive segment,” said Nikhil Bhat, Vestar Managing Director and Co-Head of Business & Technology Services. “His extensive network, experience, and operational expertise will be invaluable to our efforts in sourcing and executing new opportunities, as well as adding value to our investments, in this exciting and high growth market.”
“The Senior Advisor program has been an important part of Vestar’s go-to-market strategy since our inception, as these talented leaders help our management team partners invest behind their highest priority growth initiatives,” said Rob Rosner, Vestar Founder and Co-President. “We could not be more excited to welcome Pedro to these ranks, and we look forward to working with him on new opportunities.”
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business & Technology Services. Since its founding in 1988, Vestar funds have invested $8 billion of capital in more than 80 investments in companies – as well as more than 200 add-on acquisitions – with a total value of approximately $50 billion. For more information on Vestar, please visit www.vestarcapital.com.
Media Contacts for Vestar Capital Partners:
Lambert & Co.
Jennifer Hurson
845-507-0571
Caroline Luz
203-656-2829
