NEW YORK, NEW YORK – January 23, 2018 – Vestar Capital Partners today announced the promotion of Nikhil Bhat to Principal.
“Today’s announcement is a recognition of Nikhil’s important contributions to our firm,” said Rob Rosner, Co-President of Vestar and a founding partner of the firm as well as Head of the Business Services & Industrial Products group. “He has delivered an exceptionally strong performance to our business services and industrial products team, participating in recent transactions such as the sale of ISS and our investment in Edward Don, among others.”
Mr. Bhat is a member of Vestar’s Business Services & Industrial Products group. He joined the firm as a Senior Associate in 2014, and was promoted to Vice President in 2016. He previously worked on the Industrials team at Advent International, where he focused on private equity investments in the building products, capital equipment, and distribution sectors. He began his career as a consultant at Bain & Company.
Mr. Bhat holds a BS degree in Economics, magna cum laude, from the Wharton School of the University of Pennsylvania. He earned his MBA from the Stanford Graduate School of Business, where he graduated with distinction as an Arjay Miller Scholar.
Approximately half of Vestar’s investments over time have been in the Business Services and Industrial Products sectors, including business services companies such as Institutional Shareholder Services, Edward Don & Company, Presence Marketing, and Duff & Phelps; industrial and commercial products companies such as Mobile Technologies, Argo-Tech, Prestone, AZ Electronic Materials, and Wabtec; and industrial services companies such as Triton and Wilton Re.
