UPG Enterprises Appoints Mike Molenda as Vice President of Capital Markets & Business Development
- UPG Enterprises LLC has appointed Mike Molenda as the new Vice President of Capital Markets & Business Development.
- The announcement, made on July 25, 2024, marks a significant leadership change for the company.
- Molenda's experience is expected to drive growth and strategic initiatives within UPG.
OAK BROOK, Ill., July 25, 2024 – UPG Enterprises LLC has announced the appointment of Mike Molenda as Vice President of Capital Markets & Business Development. In this newly created role, Molenda will focus on identifying and pursuing acquisition opportunities to enhance UPG's growth strategy. He will report directly to CEO Jamie Martin, marking a significant step in the company's commitment to expanding its operations. With over 30 years of experience in the industrial and manufacturing sectors, Molenda has a proven track record in originating and structuring financial opportunities. He has successfully deployed more than $3 billion in capital for acquisitions, credit facilities, and private placements. His academic credentials include a Bachelor of Business Administration from the University of Michigan's Ross School of Business and an MBA from the University of Chicago Booth School of Business. Jamie Martin expressed enthusiasm about Molenda's appointment, noting that it is the first time the company has dedicated a position solely to finding acquisition targets that align with UPG's core businesses. Martin emphasized the company's readiness for growth and the excitement surrounding Molenda's role in driving that expansion. UPG Enterprises LLC operates a diverse portfolio of industrial companies, focusing on metals, manufacturing, distribution, and logistics, with over twenty locations across North America. The company aims to foster a culture of respect and growth as it continues to expand its operations. For more information, visit www.upgllc.com.