NASHVILLE, Tenn.– Iron Path Capital (Iron Path), a private equity firm focused on healthcare and specialty industrials, today announced the appointment of Ian Thomas as Managing Director – Head of Business Development to lead origination and business development for the firm and its portfolio companies. His experience in both private equity and investment banking provides a wide expertise to drive Iron Path’s strategic growth and value-add capabilities.
“Ian’s track record makes him a valuable addition to our team, and he will play a key role in our continued growth, momentum and portfolio company success,” said Scott Mraz, co-founder and Managing Partner of Iron Path.
Thomas brings more than 13 years of experience and has executed multiple transactions in his career. Prior to joining Iron Path, he was the founder of Aliri Capital, a lower-middle-market independent sponsor that focused on investing in family-owned services businesses with $2 million to $15 million of EBITDA. Previously, Thomas was a Managing Director at Sole Source Capital in Dallas, a $555 million middle-market industrial buyout fund. As Head of Origination, he managed a team responsible for building relationships with intermediaries and business owners to source proprietary investment opportunities for the firm.
Earlier in his career, Thomas was a director at Harris Williams, a middle-market investment bank, where he executed sell-side and buy-side deals across numerous sub-sectors within specialty industrials including industrial automation, value-added distribution, and tech enabled services, among others.
“Iron Path has an exceptional team delivering differentiation in the market, and I look forward to our work together,” said Thomas. “I’m eager to help shape the future and deliver value to our investors, founders, and our portfolio companies.”
Thomas is a graduate of the Darden School of Business at the University of Virginia and earned his undergraduate degree from the University of North Carolina at Chapel Hill.
