NMS Capital Announces Creation of Portfolio Optimization Group

By May 8, 2020News

Industry veteran Tom Nolan joins NMS from Berkshire Partners

New York, NY, May 7, 2020 – NMS Capital (“NMS”) announced today that Thomas (“Tom”) Nolan has joined the firm as Managing Director and head of the Portfolio Optimization Group.  A newly created position at NMS, the Portfolio Optimization Group will enhance the firm’s strategy of working closely with lower middle-market growth companies and assisting their evolution as leading players in their field.  Tom will also become a member of the firm’s Investment Committee.

Tom joins NMS from Berkshire Partners, where he spent the last 12 years as a member of their Portfolio Support Group. Tom was one of the founding members of the group, and was involved in all aspects of its growth and development during his tenure. In his role at Berkshire, Tom was responsible for optimizing performance at portfolio companies by partnering with executive management teams to identify critical business opportunities to drive stakeholder value. Tom led numerous strategic projects across a variety of industries including healthcare, distribution, industrial manufacturing, retail and consumer goods. Tom’s earlier career experiences include leadership and strategic roles at Heritage Union Life Insurance Company, Circuit City Stores and Capital One. Following business school, Tom was a consultant at Bain & Company. Tom received his undergraduate degree from the University of Michigan, and his Master in Business Administration from the Wharton School of Business.

“The value creation strategy at NMS has always been focused on developing infrastructure at our portfolio companies to support growth: from building out management teams, to improving business processes to using data analytics to drive performance,” said Martin Chavez, Co-Founder and Managing Partner of NMS. “Tom has spent his entire career at Berkshire executing on these same initiatives. Thus, after having known Tom for almost 30 years now, when the opportunity arose to bring him to NMS, we jumped at the chance. His skillset and approach to partnership with management teams is a perfect fit with our culture.”

“I feel honored to join such a talented team and work with this exceptional portfolio of companies. I look forward to applying my experiences and see a real opportunity to have a meaningful impact on strong and growing businesses in the lower middle market,” remarked Tom.

Kevin Jordan, Co-Founder and Managing Partner of NMS said, “As we continue to build the NMS franchise, a key element to our strategy is bringing top tier resources to our portfolio companies. All of our lower middle market companies, whether in the healthcare services or business services sectors, are at an important inflection point in their growth trajectory. Tom’s know-how and direct involvement will allow us to drive systemic change more quickly and more directly, which will benefit all stakeholders.”

About NMS Capital:

NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Business Services and Healthcare Services. For additional information on NMS, please visit the firm’s website at www.nms-capital.com.