Dan is an ideal fit for Albireo Energy with his combined experience in the private equity sector and the building automation industry.
(PRWEB) January 14, 2015
Albireo Energy, LLC (“Albireo Energy”) today announced the appointment of Daniel J. “Dan” Stankey as Albireo Energy’s Chief Financial Officer. Dan brings more than 22 years of finance experience to his new role, having recently served as Centralized CFO for a family of micro-cap funds managed by The Riverside Company, a private equity firm investing in companies at the smaller end of the middle market.
Dan was responsible for all financial and accounting personnel, systems and processes for each company in the Riverside Micro-Cap (RMCF) portfolio and with the RMCF team, helped grow RMCF from a start up to over 30 portfolio companies and three fund vintages.
“Dan is an ideal fit for Albireo Energy with his combined experience in the private equity sector and the building automation industry,” said Phil Bomrad, Chief Executive Officer for Albireo Energy. “His private equity background will be crucial in helping Albireo Energy perform strong financial diligence for new acquisitions, establish banking relationships and set standard financial practices across the organization. His experience in the building automation industry is also a tremendous asset because he understands the capital requirements of the business, key differentiators, and has a solid history of working with service oriented businesses”.
“I’m excited to be working with Phil and the Albireo Energy team,” said Stankey. “We have a strong acquisition strategy in place and an excellent team of people to execute that strategy and also organically grow the business.”
Prior to joining Riverside Dan was CFO of Building Controls, a division of the Intelligent Building Systems sector of Novar plc in the U.S. and held manufacturing leadership and financial management roles in the U.S. and UK for Flowserve Corp., Aeroquip-Vickers, Inc. and United Technologies Corp. Dan earned an MBA from the University of Michigan, Stephen M. Ross School of Business and a Bachelor of Business Administration from the University of Toledo in Ohio.
About Albireo Energy
Albireo Energy (AE) is a Huron Capital Partners portfolio company that provides building automation solutions and energy services to commercial and institutional buildings nationally. Their solutions and services help building owners and managers improve efficiency and reduce operational costs while improving comfort for tenants. Through its operating divisions, AE has a history of providing exceptional solutions to mission critical facilities such as data centers, labs, military installations, and hospitals. Their service portfolio includes energy efficiency, demand response, energy procurement services and smart building solutions including building automation installations and optimization, systems integration, metering and lighting.