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Investment Professionals
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Thomas F. Campion, CFA,
Managing Director, joined Merit in 1997. From 1993
to 1997, Tom was a Director of Prudential Asset
Management Asia in Hong Kong, a general partner of
private equity funds, including equity investments
in private companies throughout the Asia Pacific
region. From 1987 through 1992, Tom was a Vice
President of Prudential Capital Corporation in
Newark and Chicago, responsible for originating and
managing private placements. While at Prudential
Capital, he also earned his Charted Financial
Analyst designation. From 1983 to 1986, Tom worked
at the former Arthur Andersen in Milwaukee, where he
received his Certified Public Accountant designation.
Tom received his M.B.A.
from the University of Wisconsin, Madison, where he
graduated with honors and his B.B.A. in Accountancy
from St. Norbert College, where he graduated magna
cum laude.
Tom currently serves on the
Board of Directors of Brook
Furniture Rental, MTI International, Inc., The Plastics Group,
Inc.,
Manistique Papers, Inc., Dr. Comfort LLC and Active
Minerals International, LLC.
Tom’s community activities
include coaching his four children in basketball and
baseball and serving on
the local Little League Board of Directors, the St. Norbert College Advisory Board,
the Highlands Foundation and
the Apostolate to the Handicapped.
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Evan R. Gallinson,
Vice President, joined Merit in 2005. Evan was
previously in the Mergers & Acquisitions group at
BMO Capital. Prior to that Evan worked in Corporate
Finance at William Blair & Company, and focused on
mergers & acquisitions as well as public and private
equity offerings. Evan also worked in the Mergers &
Acquisitions group at PriceWaterhouseCoopers.
Evan received his M.B.A.
from Northwestern University’s Kellogg School of
Management with a concentration in finance and
entrepreneurship. He earned his B.B.A. with a
concentration in finance from the University of
Michigan.
Evan currently serves on
the Board of Directors of B.E.T. – er Mix, Inc., Manistique Papers, Inc.,
Design Space, Inc., Cobra Wire & Cable and Digney
York.
Evan is currently a Co-Chairman of Chicago Area
Private Equity Executives (CAPEX). He is an active
member with University of Michigan’s Ross School of
Business Alumni Club of Chicago.
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David M. Jones, Managing
Director, joined Merit in 1993 in conjunction with
the closing and initial investing of Fund I. David
was previously a senior consultant with Peterson
Consulting, a national business valuation and
litigation consulting firm, and specialized in
business and product line valuations in intellectual
property disputes.
David earned an M.B.A. with
honors from the University of Chicago and a B.B.A.
from the University of Notre Dame in 1988.
A Managing Director of
Merit Capital Partners since 2000, David currently
serves on the Board of Directors of Peerless Industrial Group, Inc., Sales
Performance International, Inc., B.E.T. - er Mix, Inc. and Cobra Wire &
Cable.
David, currently attempting
to survive raising eight year old triplets, coaches
youth soccer and baseball and is active in St. Mary
Church of Riverside, Illinois. David also is active
with the Employee Stock Ownership Association having
served as a member of the Finance Committee since
2001.
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Leonard H. Lillard,
CFA, Principal, joined Merit in 2006. From 1999 to
2005, Len was a Co-Founder and Principal of WestCap
Partners Private Equity Fund. WestCap focused on
acquiring lower middle-market companies with
attractive growth prospects located in the Western
United States. From 1996 to 1998, Len was a Director
of Banc One Capital Partners where he established
the firm’s Western Regional Office in Phoenix,
Arizona. Prior to that Len served nine years at
Prudential Capital Corporation, an affiliate of the
Prudential Insurance Company of America. In these
capacities, he invested over $1 billion in senior debt,
mezzanine and equity securities.
Len is a Chartered
Financial Analyst and received an MBA and BS from
the University of Michigan where he was awarded an
athletic scholarship to play varsity basketball.
Len has served on the Board
of Directors for Desert Plastics and Unique Home
Design, Inc. He is also a Trustee and head of the
Investment Committee for Phoenix Country Day School.
Len serves on the Board of Directors for VXI
Technology, Inc.
Len’s community activities
include coaching and supporting the various soccer,
chess and basketball teams his three sons
participate in as well as Boys Team Charity events.
Len and his wife Karen reside in Paradise Valley,
Arizona.
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Timothy J. MacKenzie, CFA,
Managing Director, joined Merit in 1993 in
conjunction with the closing and initial investing
of Fund I. Tim was previously a Senior Vice
President of Fiduciary Capital, an investment
advisor to two publicly raised mezzanine funds
located in Milwaukee. Prior to that, he worked at
Prudential Capital Corporation in both the Dallas
and Milwaukee regional offices, most recently as
Vice President in charge of the Milwaukee office.
His responsibilities with Prudential Capital
included the management of a significant portfolio
and the generation of private placement and
mezzanine investments. From 1982 to 1986, Tim was a
Vice President with RepublicBank Dallas,
specializing in domestic and multi-national middle
market lending.
Tim received his M.B.A.
from the University of Illinois with a concentration
in finance and a B.A. from Northwestern University
in 1980 with a major in economics. Tim received the
designation of Chartered Financial Analyst in 1990.
As a Managing Director of
Merit Capital Partners since 1993, Tim currently
serves on the Board of Directors of May Logistics
Services, Inc., Design Space, Inc., Digney York,
Skyline Windows, LLC. and Alden Industries, Inc.
Tim’s community activities
include coaching his three children in soccer,
basketball and baseball. He is a former Chairman of
Young Life-DuPage County, a non-denominational
outreach ministry targeting high school students.
Tim is actively involved as a mentor with Bridge
Communities, a transitional housing association
working with homeless families. He is a Member of
the local AYSO Board of Directors and former Trustee
of his local church.
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Thomas B. McCauley,
Associate, joined Merit in 2006. Tom was previously
an Analyst in the capital markets and corporate
finance departments at LaSalle Bank, ABN AMRO.
Tom received his B.S.M.
from Tulane University’s A.B. Freeman School of
Business with a concentration in finance and
accounting. He is currently a Level III candidate
for the Chartered Financial Analyst designation.
Tom currently serves on the
Board of Directors of Active Minerals International,
LLC and works extensively with the management of
Alden Industries, Inc.
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Jason B. Moskowitz,
Vice President, joined Merit in 2007. Jason was
previously an Associate at Pfingsten Partners, a
middle market private equity firm. Prior to
Pfingsten, Jason worked in the corporate finance
department at William Blair & Company in Chicago and
London, focusing on mergers and acquisitions as well
as private and public equity offerings.
Jason received an M.B.A. from Northwestern
University’s Kellogg School of Management with a
concentration in finance and a B.B.A., magna cum
laude, from the University of Notre Dame with a
concentration in finance and business economics.
Jason currently serves on
the Board of Directors of Fleischer's Bagels and
works extensively with the management of Angus
Industries, Inc.
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Daniel E. Pansing,
Principal, joined Merit in 1999. He began his career
at the First National Bank of Omaha where he was a
Management Trainee, gaining exposure to all aspects
of the bank’s operations. He later joined the bank’s
Commercial Lending Department. In 1995, Dan moved to
Chicago to join LaSalle Bank’s credit training
program. As a commercial Loan Officer at LaSalle,
Dan focused on leveraged and asset based
transactions with middle market companies.
Dan received his M.B.A.,
with honors, in 1999 from the Anderson School at
U.C.L.A. As a Venture Fellow, his studies were
focused on finance and entrepreneurial studies. In
1993, Dan earned a B.S. in Political Science, magna
cum laude, from Miami University in Oxford, Ohio. He
graduated Phi Beta Kappa.
Dan is involved with
several Merit portfolio companies, serving on the
Board of Directors of Angus Industries, Inc. and
Skyline Windows, LLC. He is also active with Clarion Technologies.
In addition to his
community service activities, Dan is a member of the
Association for Corporate Growth and the
Employee Stock Ownership
Association.
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Terrance M. Shipp, Managing
Director, is a founding partner of Merit. Prior to
forming the general partner of Fund I in 1991, Terry
was a Partner in LaSalle Capital Group, a
Chicago-based management buyout firm. Between 1982
and 1990, Terry worked at Prudential Capital
Corporation, most recently as Regional Vice
President in charge of the firm’s Chicago and
Cleveland offices, which specialized in
middle-market mezzanine investments. Terry was
responsible for a staff of approximately 12
investment professionals and a portfolio over $1
billion. During his eight years with Prudential
Capital, he was actively involved in a significant
number of the mezzanine investments generated by the
Chicago office. His responsibilities included
origination, structuring, due diligence,
negotiation, monitoring and disposition activities.
Terry received his M.B.A.,
with distinction, from Northwestern University’s J.L.
Kellogg Graduate School of Management and a B. S.,
magna cum laude, from the University of Colorado.
Terry currently serves on
the Board of Directors of
Peerless Industrial Group, Acme Industries, Inc., MTI International, Inc., The Plastics Group, Inc.,
Fleischer's Bagels and Versatile
Processing Group.
Terry is actively involved
in his local church and community soccer
organization as well as a host of other charitable
causes.
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Marc J. Walfish, Managing
Director, is a founding partner of Merit Capital
Partners. Prior to founding Merit, Marc worked for
thirteen years at The Prudential Insurance Company
of America, most recently as Senior Vice President
of Prudential Capital Corporation. In this capacity,
Marc was based in Chicago and was responsible for
the firm’s four Midwest offices and a portfolio of
over $2 billion.
Marc earned his M.B.A. and
B.S.B.A., cum laude, from Boston University.
Marc currently serves on
the Board of Directors of AAR Corporation,
May/ADS and VXI Technology, Inc.
Marc’s community service
activities include coaching youth soccer and serving
on the Board of the local AYSO. Marc also serves on
the Board of his local community and is a past
President. Marc serves as a regular guest lecturer
at the University of Iowa’s Tippie College of
Business.
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Benjamin W. Yarbrough,
Vice President, joined Merit in 2008. Ben was
previously a Consultant at Marakon Associates, a
boutique strategy consulting firm based in New York
City and London serving global Fortune 200 clients.
At Marakon, Ben worked across various industries,
including healthcare, financial services and
consumer products. Prior to Marakon, Ben was a
Fellow at the United States Golf Association
Foundation in Colorado Springs, helping to manage
the USGA’s grants program.
Ben received an M.B.A. from the University of
Chicago Graduate School of Business with
concentrations in finance and entrepreneurship. He
earned his B.A. in economics from the University of
Pennsylvania.
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Finance and Investor Relations

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Anne E. Boland,
Controller, joined Merit in 2003. Anne was
previously a financial analyst in William Blair &
Company’s Financial Control Department. Prior to
joining William Blair in 2000, she worked at Marsh,
Inc. as a staff accountant in their regional Finance
Center. Anne is a C.P.A. and received her B.B.A. in
Accountancy from the University of Wisconsin.
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Van T. Lam, CPA, Chief
Financial Officer, joined Merit in 1999. Van was
previously an associate at Heller Financial, Inc., a
middle-market finance company, working in their
Corporate Finance group. Prior to joining Heller in
1997, she worked at Arthur Andersen L.L.P. in their
Audit and Business Advisory group. Van is a C.P.A.
and received her B.S. in Accountancy from the
University of Illinois at Urbana-Champaign.
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Administration
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Abby E. Wolfson,
Executive Assistant, joined
Merit in 2001. Abby received her B.A. from
Wittenberg University. Abby was previously an
administrative assistant at Bowling Portfolio
Management, Inc., a money-management firm.
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