Beringer Capital Adds Luciano Cacioppo As Managing Partner
Beringer Capital, a Toronto and New York-based private equity firm focused on media, e-commerce, technology and digital marketing services, announced today the appointment of Luciano Cacioppo as a Managing Partner on its investment team.
Prior to joining Beringer Capital, Cacioppo served as the leader of Deloitte Private practice in the Ontario region and the Managing Partner of its SME program. In this role, Cacioppo led a national team who specialized in delivering audit and assurance, tax, consulting and risk and financial advisory services to private companies.
"This year has been unlike any that we've seen before, and the seismic shift in economic activity and consumer behaviour is one that millions of businesses will inevitably have to adapt to," said Perry Miele, Chairman and Managing Partner of Beringer Capital. "As we gear up for the launch of Fund IV, the addition of Lu to our investment team will add a new dimension of insight and strategy that will be critical to the success of mid-market companies that are well-positioned to benefit from an accelerated digital transformation trajectory."
"Beringer Capital is among the few private equity firms that were smart enough and nimble enough to capture early digital transformation trends," said Cacioppo. "Due to the team's laser focus and tactical guidance, the firm has seen several successful exits, which serves as an indicator of Beringer Capital's impact on helping businesses thrive across media, e-commerce, technology and digital marketing industries. With Fund IV, we plan to bolster the competitive advantage of promising companies by providing them with the insight and tools they need to succeed."
The appointment follows on the heels of the completion of Beringer Capital's Fund IV, which raised a total of $350 million this May, and will focus its efforts on companies well-positioned to begin accelerating digital transformation in their businesses.
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