Lateral Adds Three New Investment Hires

SAN MATEO, Calif.–(BUSINESS WIRE)–Lateral Investment Management, (“Lateral”), a private equity firm focused on transformational growth investments at owner-operated middle market businesses in North America, today announced the addition of Matthew Knight as Senior Associate and Ashley Ebeck and Jack Lothrop as Associates. All three will work to support the investment activities of the firm.

“We are thrilled to welcome Ashley, Jack, and Matthew to the Lateral team,” said Richard de Silva, Managing Partner at Lateral. “Their energy, capabilities and fresh perspective build on our strong team of investment professionals.”

Mr. Knight joined the Lateral team as a Senior Associate. Prior to joining Lateral, he was an investment professional at TowerBrook Capital Partner and an Investment Banking Analyst at Morgan Stanley. Mr. Knight earned his B.S in Finance and International Business from the Leonard N. Stern School of Business at New York University.

Ms. Ebeck joined the Lateral team as an Associate. Prior to joining Lateral, she was an Investment Banking Associate at Goldman Sachs, focused on companies within the Industrials and Business Services sectors. Ms. Ebeck previously worked as an Investment Management Analyst at Goldman Sachs. She earned a Bachelor of Science in Business Administration with concentrations in Finance and Accounting from Kansas State University.

Mr. Lothrop also joined the Lateral team as an Associate. Prior to joining Lateral, he worked at GSV Ventures, an EdTech venture capital firm where he focused on higher education and Indian companies. Prior to GSV, Mr. Lothrop began his career as an Analyst at BlackRock as part of the Private Equity Partners team. He earned a Bachelor of Business Administration from Emory University’s Goizueta Business School with a concentration in finance and majored in physics.

About Lateral Investment Management

Lateral Investment Management is a middle market private equity firm that partners with business owners facing transformational growth. Lateral provides “first institutional” growth capital and active, value-added assistance to established high-growth businesses that are disruptive forces for change in manufacturing, business services, technology and infrastructure. Headquartered in San Mateo, California, Lateral believes that profitable and sustainable businesses create a wealth of opportunity for all. Lateral embraces the mission of companies that create high quality jobs, protect the earth, and solve problems for humanity. For more information, visit lateralim.com.

Contacts

Kylie Wilcox

BackBay Communications

(203) 979-2968

kylie.wilcox@backbaycommunications.com

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