Neptune Beach, FL – July 18, 2024 – Shoreline Equity Partners (“Shoreline”), a purpose-driven lower middle market private equity firm based in Neptune Beach, Florida, is pleased to announce the promotions of Ian Garland and Zach Mittelmark to Managing Director, Mike Mancini and Pete Bouret to Vice President and Ryan Sweeney to Vice President of Financial Operations.

Mike Hand, Co-Founder and Managing Partner of Shoreline, said, “It is with great pride that we recognize each of these individuals for their invaluable contributions to the firm. Some were part of the founding team and have significantly shaped the development of the firm, while others are more recent additions, each making a lasting impact on the organization. I feel incredibly fortunate to work with all of them, and they are truly deserving of this recognition.”

Ian Garland was promoted from Principal to Managing Director and currently serves on the Board of Pave America, Career Now Brands, American Landscaping Partners and Prime Meats. Prior to Shoreline, Ian worked at PNC Riverarch Capital and Raymond James. Ian holds a B.S. in Business Administration, magna cum laude, from the University of Florida, a M.S. in Finance from the University of Tampa, and is a CFA charterholder.

Zach Mittelmark was also promoted from Principal to Managing Director. Zach currently serves on the Board of Engelman’s Bakery, Pool Troopers, Core Roofing Systems and C&S Chemicals. Prior to Shoreline, Zach worked at PNC Riverarch Capital and Hancock Capital Management. Zach holds a B.S. in Business Administration, magna cum laude, from Babson College, where he graduated with Beta Gamma Sigma Honors.

Mike Mancini was promoted from Senior Associate to Vice President. He is a key deal team member for Pool Troopers, Core Roofing Systems and Prime Meats and previously worked on the Mr. Greens transaction that was successfully exited in 2023. Prior to joining Shoreline as an Associate in 2019, Mike worked at the Investment Banking division of SunTrust Robinson Humphrey. Mike earned both a B.S. and an M.S. in Finance from the University of Florida.

Pete Bouret was also promoted from Senior Associate to Vice President. He is a key deal team member for Engelman’s Bakery, Pave America, Core Roofing Systems and American Landscaping Partners. Prior to joining Shoreline in 2019, he worked at Jefferies as an Investment Banking Analyst in their Industrials group. Pete graduated with a B.S. in Human & Organizational Development and minors in Economics and Corporate Strategy from Vanderbilt University.

Ryan Sweeney was promoted from Financial Operations Manager to Vice President of Financial Operations. Prior to joining Shoreline in 2023, Ryan worked within PwC’s global strategy consulting organization, Strategy&. He also has previous experience in PwC’s financial due diligence practice and EY’s financial services assurance practice. Ryan is a double graduate of the University of Florida with a Bachelor of Science in Accounting and a Master of Accounting. Ryan holds a CPA license in the state of Georgia.

About Shoreline Equity Partners

Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a “win-win” proposition for shareholders, employees, customers, vendors, and the communities within which the firm’s companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. With over $750 million of committed capital under management, Shoreline seeks to lead equity investments of up to $150 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $50 million to $350 million and EBITDA of $5 million to $25 million. The firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others. For more information, please visit www.shorelineequitypartners.com.