Avance Appoints Carl Stanton as Senior Partner to Strengthen Industrial Services Focus
Avance Investment Management has appointed Carl Stanton as a Senior Partner, enhancing its focus on the industrial services sector. The firm highlighted recent investments in Lexxel and Opifex-Synergy as part of their strategy targeting founder-owned businesses with strong technical expertise. Luis Zaldivar noted that these sectors are driven by licensed tradespeople and engineers, areas where institutional investors often lack depth. David Perez emphasized Stanton's experience across multiple private equity groups and his prior advisory role at Avance, particularly on the Lexxel investment. With over three decades of industry experience, Stanton has served in leadership roles at Invesco Private Capital, Focus Impact Partners, and Wellspring Capital Management. He currently serves as Chairman of Lexxel’s Board. Stanton expressed enthusiasm about joining a firm with deep expertise in founder-owned businesses during an exciting growth phase.
Topics: Executive Appointment Industrial Services Private Equity