- CCMP Growth named Managing Director Patrick McGrath to its Investment Committee effective January 1, 2026.
- McGrath will join Co-Managing Partners Mark McFadden and Joe Scharfenberger in steering deal decisions and firmwide value-creation strategy.
- The firm also promoted Chris Stevenson to Senior Principal, Casey Klingler and Connor Moran to Principal, and Jamie Flanagan to Vice President, Controller.
- The moves strengthen leadership capacity as CCMP IV surpasses its $500 million target and the firm scales investing across industrial and consumer sectors.
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The appointment of Patrick McGrath to CCMP Growth’s Investment Committee significantly raises his influence over strategic investment decisions. Previously a Managing Director, McGrath will now help shape deal approvals and value-creation plans alongside existing decision-makers Mark McFadden and Joe Scharfenberger. Given his board seats in Omnia Exterior Solutions, Innovative Refrigeration, Combined Caterers, Airo Mechanical, and BGIS, McGrath brings deep operating insight across the firm’s key sectors. Effective since January 1, 2026, this change suggests CCMP Growth is consolidating decision-making to include those with both deal execution experience and portfolio-level oversight.
The promotions of Chris Stevenson, Casey Klingler, Connor Moran, and Jamie Flanagan underscore a structured pipeline of leadership within the firm. Each has already assumed significant responsibility—serving on boards, managing prior transactions, or overseeing financial controls. These promotions deepen the bench of senior professionals capable of sourcing, executing, and managing deals as CCMP scales. Notably, a stronger leadership team supports the firm’s ability to deploy the capital raised in its latest fund efficiently and maintain performance.
Strategically, this realignment supports CCMP Growth’s goals following its fundraise for CCMP IV, which exceeded US$500 million. The firm is targeting companies in the lower middle market with EBITDA typically between US$15–75 million, focusing on industrial and consumer sectors with high growth potential. The firm has already made several investments under CCMP IV—Mammoth Holdings, Omnia Exterior Solutions, Decks & Docks, Innovative Refrigeration—earning among them double-digit revenue and EBITDA growth metrics. By augmenting its investment committee and promoting capable professionals, CCMP is likely positioning itself to screen opportunities more rigorously and support a growing portfolio more effectively.
Open questions include: How the revised committee will influence deal flow—will McGrath’s areas of expertise shape sector preference or investment size? How much autonomy the promoted Principals and Vice President will have in sourcing deals or serving on new portfolio boards. Also, with fundraising done, the focus shifts sharply toward deployment—how will CCMP Growth balance speed with discipline to secure returns in a potentially more competitive market?
Supporting Notes
- Patrick McGrath has been appointed to CCMP Growth’s Investment Committee effective January 1, 2026, where he will work with Co-Managing Partners McFadden and Scharfenberger on investment opportunity assessment and alignment with capital allocation and value-creation strategy.
- Four firmwide promotions were made: Chris Stevenson to Senior Principal; Casey Klingler and Connor Moran to Principal; Jamie Flanagan to Vice President, Controller.
- McGrath serves on the boards of Omnia Exterior Solutions, Innovative Refrigeration, Combined Caterers, Airo Mechanical and BGIS; he was involved in prior investments including Pure Gym, Medpace, and Eating Recovery Center.
- Chris Stevenson has board roles at Decks & Docks, Innovative Refrigeration, A1 Cash & Carry, and was involved in prior investments like Hayward, Ecovyst/Eco Services, and Hillman; his background includes roles at Fenway Partners and BB&T Capital Markets; he holds a B.S.C. from Washington and Lee University.
- Casey Klingler joined CCMP in 2018; currently director or observer for several portfolio companies; involved in investments including Hillman, Eating Recovery Center, BGIS, Founder Sport Group and Shoes for Crews; holds a B.A. in Statistics and Data Science from Yale University.
- Connor Moran joined in 2019; was an investment banking analyst at Credit Suisse; serves as director at Omnia Exterior Solutions; involved in investment activity including BGIS, Hayward, RealTruck, Ecovyst/Eco Services; holds a B.S.B.A. in Finance and Accounting from Georgetown University.
- Jamie Flanagan has been Fund Controller since joining in 2020, formerly Audit Senior at Deloitte; is a CPA and holds a B.S. in Accounting from the State University of New York at Geneseo.
- CCMP Growth’s recent fundraise: CCMP IV closed in excess of its US$500 million target; early investments include four high-growth companies; target company EBITDA in the US$15-75 million range; average growth in those initial platforms: ~16% revenue, ~21% EBITDA in 2023.