MidCap Names Bill Reading to Open Charlotte Office

News provided by

Aug 17, 2010, 07:50 ET

NEW YORK, Aug. 17 /PRNewswire/ -- MidCap Advisors is pleased to announce that Bill Reading will open MidCap Advisors' new Charlotte, North Carolina office.

"This is a very exciting time for us to be growing as a firm, especially given the struggles our economy has been weathering, and we are very pleased that Bill has joined the MidCap Team," said John Poppe, Partner and Co-Founder of MidCap Advisors. "Bill's extensive business management and operating experience, combined with his experience working with private equity firms on mergers and acquisitions, makes him a valuable addition to our firm."

Prior to joining MidCap Advisors, Mr. Reading spent ten years as a management consultant working with mid-sized textile, home furnishings, and manufacturing companies throughout the Southeastern United States. Bill's experience includes leading recapitalizations, restructurings, plant closures, business development and sales diversifications strategies. While working as a management consultant, Bill provided interim CEO and COO services in transitional, turnaround and change management assignments.

Before becoming a management consultant, Bill spent ten years as President and CEO of Eastern Home Products Inc., a $35 million manufacturer of home fashion products for the big box retail trade. As President and CEO of Eastern Home Products Inc., owned by The Jordan Company, a New York-based private equity firm, Bill was a part of both buy-side and sell-side mergers and acquisitions and developed a keen understanding of the private equity process of analyzing and acquiring companies.

"I am excited to become a part of the MidCap team and to serve the needs of clients in the Southeast," said Mr. Reading. "Joining MidCap Advisors with the opening of the Charlotte office will provide a great opportunity for me to help business owners maximize the value of their businesses."

Bill graduated from Colgate University in Hamilton, NY with a BA in Economics and earned his MBA in Ethics from the University of Notre Dame in South Bend, IN.

Mr. Reading may be reached at (704) 491-9845 or [email protected]. For more information about MidCap Advisors, please visit http://www.midcapadvisors.com or contact: