Meriturn Operating Partner
PRAGMATIC BUSINESS SOLUTIONS
Business Equity Builders
PBS Group, LLC
PO Box 265
Alamo, CA 94507-0265
Phone (925) 362-0256
Fax (925) 362-0342
hank.holzapfel@pbsgp.com
August 25, 2004
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PRAGMATIC BUSINESS SOLUTIONS’ PRINCIPAL NAMED AS MERITURN
OPERATING PARTNER
SAN FRANCISCO – August 25, 2004 – Meriturn Partners
is pleased to announce that Hank L. Holzapfel has been named
an Operating Partner. Meriturn Operating Partners have significant
industry experience and assist Meriturn professionals in developing
acquisition strategies, sourcing buyout opportunities, assisting
in the assessment and planning phases of buyout or advisory
assignments, sit on the boards of portfolio companies, and
act as temporary or permanent management.
Hank Holzapfel is a principal of Pragmatic Business Solutions,
(www.pbsgp.com) a senior management-consulting firm that specializes
in working with companies to improve their strategies and
business processes in order to meet their revenue and earnings
objectives. Pragmatic Business Solutions is comprised of senior
line executives who have been successful executives with America’s
best companies. Mr. Holzapfel has over thirty years of senior
management experience serving as an executive consultant and
in general management and executive sales and marketing positions
within all divisions of Owens-Illinois, Inc. a global packaging
company and a Fortune 200 company. Mr. Holzapfel commented,
“ I am pleased to provide management consulting services
to Meriturn Partners. They offer exceptional value to their
operating companies and take a very disciplined approach to
investing. They have a proven track record and an operating
philosophy that fits well with our own. ”
Meriturn Partners (www.meriturn.com) is an advisor and investor
for middle-market restructurings and turnarounds. As an investor,
Meriturn manages the Meriturn Fund, L.P., which invests up
to $10 million per transaction in middle-market restructuring
and turnaround opportunities. As an advisor, Meriturn works
with lenders, shareholders, and management teams to enhance
the survivability and growth of companies experiencing operational
or financial difficulties.
Meriturn Partner Lee C. Hansen stated, “Meriturn is
deeply involved in every stage of the restructuring and turnaround
process. We represent our investors and clients as if the
business was our own, and offer the unique synergies of an
investment group combined with an advisory services firm.
This benefits our clients and portfolio companies by enabling
access to a greater pool of restructuring experience, industry
knowledge, resources, relationships, and capital to develop
solutions to complex situations. Mr. Holzapfel brings extensive
senior executive experience and consulting expertise to our
team.”
