CLEVELAND, OH – July 2, 2007 – Key Principal Partners (KPP), a $1 billion private equity and mezzanine firm, today announced the promotion of Daniel Kessler to Vice President. Mr. Kessler is based in Cleveland, OH and has been with the firm since 2001.
“Dan has been an exceptional asset to our team for the last six years,” said John Sinnenberg, Managing Partner of KPP. “In particular, his work on our recent investments in MC Assembly, Anomatic, and Imperial, among others, has strengthened our professional relationships and ensured the quality of our investment analysis. Dan’s professional growth is a reflection of both his individual success and the momentum of our firm.”
Prior to joining KPP, Mr. Kessler was a Vice President at GlobalStreams, Inc., a developer of streaming media management software. Additionally, he spent five years at PricewaterhouseCoopers, most recently in the M&A Transaction Services group where he managed project teams conducting financial and operational due diligence and post-acquisition consulting.
Mr. Kessler received his M.B.A., with high honors, from the Graduate School of Business at the University of Chicago and his B.S. in Accounting from Indiana University and is a Certified Public Accountant.
Mr. Kessler is on the board of directors of MC Assembly and Kellermeyer Building Services and serves as a board observer for Anomatic Holdings and Imperial Bag & Paper Company.
About Key Principal Partners
Key Principal Partners (KPP) is a nationally recognized private investment firm providing capital to middle market companies throughout North America. KPP utilizes mezzanine and equity capital to fund the growth, buyout, refinancing or acquisition of profitable companies. As was the case with Imperial, KPP’s flexible approach to structuring investments does not require control of companies. KPP has over $1 billion in capital under management and can invest $7 million to $35 million in companies with at least $20 million in revenue. Headquartered in Cleveland, KPP is affiliated with KeyCorp, and has offices in Greenwich and San Francisco. For additional information, visit: www.keyprincipalpartners.com.
Cleveland-based KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $92 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally.