Daily News: December 19, 2014

Pamlico Promotes Christhilf, IV and Wilkins to Partner

Pamlico Capital named Stuart M. Christhilf, IV and Eric J. Wilkins as partners of the firm from their roles as principals.

Christhilf joined Pamlico Capital in 2003 after serving as an associate in the leveraged capital group at Wachovia and as an analyst in the bank’s loan syndications group. A chartered financial analyst, Christhilf focuses on companies in the Business & Technology Services sector, and has worked on many successful transactions during his tenure at Pamlico, including GreatAmerica Leasing and others. Christhilf was also responsible for sourcing the firm’s proprietary investment in Securadyne Systems, a full-service security solutions company formed by Pamlico in 2012. Christhilf currently serves on the boards of ATX Networks, Securadyne, TekLinks and VRI.

Wilkins joined the firm in 2006 from DLJ Merchant Banking Partners, where he was an associate. Previously, Wilkins was an associate at McCown De Leeuw & Company and an snalyst at Bowles Hollowell Conner & Company. Wilkins focuses on companies in the business & technology Services sector with an emphasis on opportunities within the software and Internet industries. Wilkins has been responsible for sourcing several transactions, including a recent proprietary investment in DAXKO, a provider of on-demand software to nonprofits. He currently serves on the boards of CLEARLINK Technologies, T2 Systems, and DAXKO.

“Stuart and Eric have distinguished themselves through thoughtful industry theme development, effective deal sourcing, and by being insightful, hands-on partners with portfolio company management teams,” added Walker Simmons, a Partner at Pamlico Capital. “Most importantly, both contribute to and exemplify the Pamlico culture of being trusted growth partners, while working hard alongside both members of the firm and our portfolio companies to create value for our investors.”

The promotions reflect Pamlico’s ongoing growth as an independent firm. Last year, Pamlico held the final close of Pamlico Capital III, at $650 million, which was the firm’s first fund since its 2010 spinout from Wells Fargo. The firm has completed 13 transactions in 2014, including five new platform-company investments, five add-on acquisitions and the sale of three portfolio companies.