Calvert Street Capital Partners Promotes Steve Randall to Principal
BALTIMORE, MD – April 12, 2021 – Calvert Street Capital Partners (“Calvert Street”), a lower middle market investment firm, announced today the promotion of Steve Randall to Principal.
Steve joined the Calvert Street team in 2014 as an Associate playing an active part in the execution of the firm’s new investment strategies. In his new position as Principal, Steve will play a larger role sourcing and executing Calvert Street’s investments in the industrial and business services sectors. He has a proven track record of successfully partnering with management teams across Calvert Street’s portfolio, including Terra Nova Solutions, where he has led several strategic initiatives.
Prior to joining Calvert Street, Steve was an Analyst in J.P. Morgan’s Diversified Industries investment banking group. He received a Bachelor of Science with Special Attainments in Commerce, magna cum laude, from Washington & Lee University.
Josh Hall, Managing Partner of Calvert Street, commented, “I am pleased to announce Steve’s promotion to Principal. He has played an integral role supporting our shift to a thesis-led investing model focused on providers of essential services. I look forward to continuing to work closely with him in his new role as our team capitalizes on the opportunities in the lower middle market.”
ABOUT CALVERT STREET:
Calvert Street is a lower middle market investment firm with offices in Baltimore, Maryland and Boston, Massachusetts. Our firm consists of experienced professionals pursuing two distinct investment strategies: (i) equity investments (through Calvert Street) and (ii) mezzanine investments (through Parkway Capital). Our equity team utilizes a research driven approach to identify attractive businesses providing critical services to the industrial and commercial sectors. Our mezzanine team provides flexible junior capital solutions for companies in a broad range of industries including manufacturing, distribution, consumer products, business and industrial services, and healthcare. Collectively, Calvert Street’s and Parkway Capital’s investment professionals have invested in over 120 companies representing cumulative transaction values in excess of $1.5 billion. For more information, please visit www.cscp.com.