Caltius Equity Partners, a lower middle-market investment firm, promoted Justin Benshoof to managing director and Ryan Matthews to vice president.
Benshoof has been with Caltius Equity Partners since 2011, holding progressive investment roles. Benshoof works with portfolio companies on strategic growth and also leads the Caltius Equity Partners’ business development functions. Benshoof’s current and former board memberships include Air Conditioning Innovative Solutions, Impact Facility Services, MC Sign, National Industrial Coatings and Diversified Human Resources. Prior to joining Caltius Equity Partners, Benshoof worked for Norwest Equity Partners.
Matthews has been with Caltius Equity Partners since 2016. Matthews is engaged in all aspects of the deal process on new investments and works with portfolio companies, including Talent Systems, World Class Technology and Air Conditioning Innovative Solutions. Prior to joining Caltius Equity Partners, Matthews worked for Harris Williams.
“We are extremely proud of the team we have built and are committed to developing and advancing our talent as we grow as a firm,” Michael Morgan, managing director of Caltius Equity Partners, said. “These promotions reflect Justin and Ryan’s exceptional work, proven leadership and meaningful contribution to the firm. We look forward to their continued success in their new roles.”