Rick Nagel Joins Acorn Growth Companies
Posted by on 03/15/2004
Acorn Growth Companies announced today that Rick Nagel has joined the firm and will head a new affiliate named Acorn Growth Equities.
"We are extremely pleased that Rick has joined Acorn.
Nagel joins Davis and Warren Thomas as a partner in Acorn Growth Companies and will serve as President of a newly formed private equity firm named Acorn Growth Equities.
I look forward to growing Acorn Growth Equities
into a meaningful private equity firm dedicated to enhancing shareholder value and contributing to the economic development of Oklahoma," said Nagel
According to Nagel
, Acorn Growth Equities
exists to acquire, operate, and maximize mission-critical and weapon system dependent systems and services companies across its focused sectors.
We look forward to working with them in the near future to attract outside capital and jobs to Oklahoma," said Nagel
Before joining Acorn, Nagel served as director of business development for one of the nation's largest private equity firms where he was involved with and oversaw the analysis of hundreds of possible transactions and was directly involved with dozens of those that were completed.
His responsibilities included analysis, transition planning, strategic planning, debt and mezzanine financing, closing support, post transaction management, metric implementation, and long-range portfolio management.
Nagel also served in an executive capacity for portfolio companies, including those headquartered in Oklahoma.
is a two-year "Metro 50" winner, awarded to the fastest growing companies in the Oklahoma City metropolitan area (#10 in 2000 and #19 in 2001, respectively).
He is a member of the International Who's Who of Professionals and Rotary International.
Nagel is the Immediate Past Chairman of the Oklahoma Republican Party Finance Committee, Immediate Past President of the Boys & Girls Clubs of Oklahoma County, and is on the Board of the American Heart Association.