Daily News: April 18, 2013

Pritzker Group Names Five Senior Advisors

The Pritzker Group announced five industry executives to serve as senior advisors to its family of companies, giving strategic counsel as the firm aggressively pursues growth and operational excellence.

The Pritzker Group, led by Tony and J.B. Pritzker, has a ten-year history of acquiring and growing middle market-companies. The firm is expanding its investing activities, which remain focused on family and entrepreneur-owned companies that lead their markets. The Pritzker Group’s newly expanded investment and operations team, led by Baird private equity veteran Paul Carbone, acquires leading middle-market companies in the manufactured products, services and healthcare sectors.

“Our senior advisors offer expertise and perspective to our company management teams and The Pritzker Group as part of our commitment to operational excellence. Their counsel will help our companies create and execute strategies that achieve world-class operations, products and services for our customers,” said Carbone, The Pritzker Group’s managing partner of private equity.

The senior advisors are:

Christopher L. Doerr is co-CEO of Sterling Aviation Holdings and previously led Karl’s Event Services and LEESON Electric. Doerr is currently a director of Roadrunner Transportation Systems. He provides strategic counsel to Signicast, the world’s leading provider of investment castings.

Stephen H. Fraser has served in a variety of senior management positions for private and publicly-traded companies, including Horizon Lines and GENCO. Fraser is a professional independent board member and provides advisory services to companies. He serves as a senior advisor to PECO Pallet, a North American leader in pallet rental services and logistics.

John B. Pedersen is a former senior vice president of Boston Scientific and senior engagement manager of McKinsey & Co. Pedersen is a senior advisor to Clinical Innovations, a women’s health medical device business focused on improving efficiency and outcomes during labor and delivery.

John R. Prann, Jr., is currently a director of Corrections Corporation of America and formerly served as president and CEO of Katy Industries. A former Deloitte & Touche partner, Prann is senior advisor to Impact Products, which manufactures and supplies branded and private label non-chemical commercial cleaning and maintenance products.

Paul J. Reilly is a serial entrepreneur who founded and sold several businesses, including Paul Reilly Company of Illinois, Rytec Corporation and R-Bac Industries. Reilly also has served as the top executive of Encore Discovery Solutions, D-Vision Systems and Orbit Commerce. He was named senior advisor to Intersystems International, which designs and manufactures specialized material handling equipment serving the global agriculture industry.