Daily News: September 13, 2012

Ridgemont Equity Partners Promotes Anderson, Dillon to VPs

Ridgemont Equity Partners, a middle-market buyout and growth equity firm, announced the promotions of Yeatts Anderson and Tim Dillon, both to vice president in Ridgemont’s Charlotte headquarters. The promotions are effective immediately.

“We’re excited to announce the promotions of Yeatts and Tim to vice president,” said Walker Poole, partner at Ridgemont. “Yeatts and Tim have been valuable members of our team, particularly since our spinout as an independent firm two years ago. We look forward to their continued contribution to Ridgemont’s success in the coming years.”

Anderson will continue to focus on a broad range of industries as well as the group’s strategic initiatives. Prior to joining BAML Capital Partners’ predecessor firm, Banc of America Capital Investors, in 2008, he spent two years at Edgeview Partners, a Charlotte-based M&A investment bank. Anderson holds a B.A. in Economics from Davidson College, where he was a William Holt Terry Scholar.

Dillon focuses on the basic industries and services sector, and will continue to serve on the board of directors of Aurora Parts & Accessories. Before joining Ridgemont in 2010, he spent two years in the M&A group at Wachovia Securities and two years at Carousel Capital. Dillon graduated cum laude with a B.A. in Economics from Davidson College.