Key Takeaways
- • Franchise Equity Partners has hired Chris Holzshu, a former Lithia & Driveway executive, as an operating partner.
- • Holzshu's role is to help expand the firm's automotive investment strategy, according to PE Hub.
- • The hire is a personnel move at a private equity firm, with no deal value or fund size disclosed in the source.
Summary
Franchise Equity Partners has added Chris Holzshu, a former executive at Lithia & Driveway, to its team as an operating partner, PE Hub reported. The firm is bringing him on to help grow its automotive investment strategy.
The appointment signals the firm's continued focus on automotive-sector investing. Holzshu's background at Lithia & Driveway, a large automotive retail group, is relevant to that focus, though the source does not provide details on his specific responsibilities, his tenure, or any transactions tied to the new role.
The source does not disclose the size of any fund or any investment targets associated with the hire.
The appointment signals the firm's continued focus on automotive-sector investing. Holzshu's background at Lithia & Driveway, a large automotive retail group, is relevant to that focus, though the source does not provide details on his specific responsibilities, his tenure, or any transactions tied to the new role.
The source does not disclose the size of any fund or any investment targets associated with the hire.
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