Dallas-based Trive Capital, a private equity firm that has approximately $3.6 billion in assets under management, has promoted three team members—Andrew Frank, Nick Miner, and Tanner Cope—to managing director and expanded its operations team.
As managing directors, Frank, Miner, and Cope will be tasked with identifying and evaluating investment opportunities, performing transaction due diligence, and working with management teams to implement operational and growth strategies.
“These individuals have made significant and sustained contributions to Trive’s growth and success,” Managing Partner Conner Searcy said in a statement. “We look forward to them taking on a greater role at the firm and within our portfolio.”
Trive has also hired Kim Whitener as chief financial officer and appointed Jonathan Nunnaley as chief compliance officer and head of special projects. Whitener will oversee finance, accounting, fund administration, and tax functions, while Nunnaley will lead firmwide strategic initiatives with a focus on growth objectives.
“We are pleased to expand the operations team with the addition of Kim and her depth of experience in private equity financial management, in addition to the appointment of Jonathan as the Head of Special Projects,” COO Steve Yoost said in a statement. “These enhancements to the firm’s operational efforts will enable us to efficiently support the growth of Trive while maintaining our existing culture of compliance.”
Never let them see you sweat
That must have been Trive Capital’s motto when it set out to acquire Right Guard and Dry Idea, two of the most famous brands in personal care, wrote David Seeley in a story on Trive Capital earlier this year.
Dallas-based Trive Capital—a private equity firm with $3.6 billion in assets under management—revealed in August that it had formed Thriving Brands in partnership with industry executives Craig Cappozzo and Rolando Collado. Thriving Brands completed its first acquisition when it bought Right Guard and Dry Idea from Germany’s Henkel Corporation for an undisclosed amount in June. The deal was completed in August.
More moves
Read DI People: Get more of the week’s most interesting people moves.
Have a move we should know about? Let us know.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.