SAN DIEGO (PRWEB) September 16, 2020
Tide Rock Holdings (“Tide Rock”) is an established holding company that partners with strong management teams of differentiated business-to-business companies. The firm is managed by an experienced team of business, finance, and marketing professionals who scale companies in various industries.
As part of an upcoming growth initiative, Tide Rock has recently garnered a significant win by recruiting Jeff Ackerman as Chief Financial Officer. Ackerman brings a tremendous knowledge of the industry with over 25 years of experience and an extensive professional network.
Previous to his role at Tide Rock, Ackerman served over eight years at Capstone Headwaters focused on middle-market mergers and acquisitions. Ackerman was also formerly a Managing Director at a private equity firm in Boston, focusing on lower middle-market control acquisitions.
Alongside his established experience in growth capital investments, investment banking, private equity, and mergers & acquisitions, Ackerman brings extensive operations leadership as a former CEO of a holding company, where he managed and grew small to mid-sized businesses.
When asked about his new role, Ackerman said, “It's an exciting time to join Tide Rock. Their track record of growth is impressive and I look forward to working with the investors and CEOs to drive continued value to the company in the coming years.”
Ryan Peddycord, CEO of Tide Rock, is enthusiastic about Ackerman joining the team. “We are excited about the experience Jeff brings to the team. He has a lot of transactional experience and has also been a successful operator in businesses with similar attributes to Tide Rock’s companies. Jeff will be an important member of our senior management team and we look forward to working with him as we continue to grow and drive operational excellence across all of our companies.”
To learn more about Tide Rock Holdings please visit http://www.tiderockholdings.com.
About Tide Rock Holdings
Tide Rock Holdings is a southern California-based holding company. Tide Rock is managed by experienced operators and finance professionals with expertise in growing lower-middle market business-to-business companies. Tide Rock invests with a long-term perspective, limited use of debt, and a focus on accelerating growth through investment in people, processes, and resources. The company is raising $100 million to continue making control acquisitions of differentiated, economically-resilient B2B businesses, with a goal of continuing our record of 22 consecutive quarters of equal or greater distributions.