UPG adds to management team
Oak Brook, Illinois-based UPG Enterprises hired Mike Molenda to be the Vice President of Capital Markets & Business Development. In his role, Mr. Molenda is responsible for opportunities to grow UPG through acquisition. He reports directly to Jamie Martin, UPG Enterprises CEO.
Molenda brings over three decades of experience originating and structuring opportunities in the industrial and manufacturing markets and has deployed over $3 billion in capital towards financing acquisitions, credit facilities, and private placement.
He has held leadership positions in banking with Ally Commercial Finance and Regions Business Capital, as well as in capital placement across multiple private investment funds.
"We are extremely fortunate to add Mike to the team. He has an outstanding business acumen and vast experience in this field. Also, it is the first time since I have been here, that we have had someone who's sole focus is on finding acquisition targets that will complement our core businesses." Said Jamie Martin. “He'll be a great asset to the team."
Molenda added: "UPG is at an exciting juncture in its ten-year history. They are poised to grow, and I am extremely excited to help drive their growth."
Molenda holds a BBA in Business Administration from the Ross School of Business at the University of Michigan and has an MBA from the University of Chicago Booth School of Business.
