Arsenal adds two operating partners

The New York middle-market firm has bolstered its team with the addition of experts in the fields of manufacturing and healthcare.

New York middle-market buyout firm Arsenal Capital Partners today announced the addition of two operating partners, James Kalish and Austin “Chip” Broadhurst.

Kalish joins the firm from Parker Hannifin, where he was an executive in the Climate and Industrial Controls Group. Prior to that he was a managing director at Invensys Controls in Europe. Kalish currently serves on the board of Arsenal portfolio company Source Refrigeration.

Broadhurst is the founder of Calchas Group, a venture capital and executive search firm. He was previously a partner at medical venture capital firm Dauphin Capital Partners.

Arsenal Capital, which closed its debut fund in 2003, focuses on the manufacturing and services industry. Last year the firm closed on $500 million for its second fund.