A newly established enterprise-wide position will support the management teams of HBM’s portfolio companies and play a key role in due diligence for future acquisitions
ST. LOUIS, MO – (September 26, 2016) – HBM Holdings today announced that Michael Chill has been appointed as the company’s Vice President of Information Technology.
Mr. Chill will assume leadership for the strategic direction of information technology for HBM and its portfolio companies. Mr. Chill will be involved in the analysis and review of potential acquisition transactions and he will lead efforts to identify and capitalize on opportunities for standardization across all of HBM’s portfolio companies.
“The creation of this position, and the appointment of Mike to lead our enterprise-wide IT efforts, underscores our unique platform that provides strategic-level support for our portfolio companies, providing the management teams with increased freedom to focus on growth initiatives within their businesses,” commented Don Roberts, Chief Financial Officer and SVP, Corporate Development. “Mike is a senior technology executive who has deep experience capitalizing on opportunities through IT strategy and solutions.”
“I am thrilled to be joining a growth-oriented firm that is looking strategically at technology to move the business forward,” said Mike Chill.
Mr. Chill was most recently with SPX Flow, Inc. as the Vice President of IT of its Food & Beverage Division. Prior to SPX Flow, Mr. Chill held IT positions at PriceWaterhouse Cooper and Nexstar Financial. He holds his BSBA in Management Information Systems from St. Louis University and his MBA from Washington University in St. Louis.
ABOUT HBM HOLDINGS
HBM Holdings is an investment and management company that acquires, supports, and operates middle-market businesses in industrial products and services. Our strategy is to grow a diversified portfolio using a long-term buy and build approach. We provide our portfolio companies with professional management expertise, financial resources, and high potential human capital to accelerate their growth. Our firm targets new platform opportunities with EBITDA between $10 and $25mm in the specialty-manufacturing sector, specifically in industrial equipment and components, energy equipment, transportation equipment (excluding automotive) and chemical and minerals. HBM deploys the firm’s resources in support of its portfolio companies and provides professional management expertise, financial resources, and high potential human capital to accelerate their growth. HBM’s portfolio of companies includes Mississippi Lime Company, Delavau LLC, Tru-Flex LLC, and Breen Energy Solutions LLC. For additional information, please visit www.hbmholdings.com.