Former Lincoln International Partner Launches New PE Firm
Andrew Bohutinsky has left his position as a partner with Lincoln International to launch a new private equity firm called Desco Capital, peHUB has learned. The Columbus, Ohio-based firm is backed by Desco Corp., a privately held group of 12 manufacturing and industrial technology businesses. Desco Corp. will provide the private equity firm with more than $50 million in new equity capital for acquisitions. The firm will focus on acquiring underperforming companies of up to $10 million in Ebitda in industries such as manufacturing, industrial services, and specialty distribution. Its key differentiator is its ability to leverage the operating expertise of Desco Corp.'s executives, Bohutinsky said. Desco Corp was founded in 1966 and is owned by Arnold "Al" Siemer.
