Mr. Balet is a principal and co-founder of Thayer Bancroft Equity Partners and has 15 years of management consulting, operating leadership, financial, and transaction experience. Prior to co-founding Thayer Bancroft Equity Partners Mr. Balet was the founder and President of Pittsburgh Universal, LLC, a company he formed to acquire a nation-wide medical equipment service provider. As President of this company, he directed product development, marketing and strategic partnership efforts that have resulted in significant growth in profitability. He is currently negotiating the sale of this company. During this period, Mr. Balet worked as a founding advisor and member of The Legacy Network dedicated to supporting individuals acquire small businesses for ownership transitions. Prior to this role he worked for four years as a consultant and manager with McKinsey & Company in various client service engagements. His consulting experience spanned a broad array of functions and industries, including: product development, lean manufacturing, service operations, marketing, pricing and organizational design in automotive, transportation, industrial goods and financial services.
Prior to his career in business Mr. Balet served for five years as a logistics officer in the US Marine Corps.
Mr. Balet holds the degrees of Master of Business Administration from Cornell University and Bachelor of Science in Mechanical Engineering from the US Naval Academy.
Prior to co-founding Tuckerman Capital in 2001, Tim was a partner at Green Mountain Partners. While at Green Mountain, Tim was directly involved in 21 investments with a total of $200 million invested. Previously, he was a legislative assistant to U.S. Senator Patrick Leahy covering economic, tax, and banking issues. Early in his financial career, Tim was an associate at Morgan Stanley in corporate finance and was an analyst at Marine Midland Bank in corporate lending.
In 2013, Tim was appointed by Governor Shumlin to serve on the Vermont Economic Progress Council, and also serves on the Governor’s advisory council on health care financing. Tim is a founding board member of Vermont Parks Forever, a member of Vital Communities Corporate Council, and a director of Mascoma Savings Bank. He is also on the Executive Committee and is the Treasurer of the Vermont Democratic Party. Tim graduated from Cornell University and Stanford University’s Graduate School of Business.
Prior to Tuckerman Capital, Nick was a Principal at North Star Advisors, a boutique investment advisory firm affiliated with J.H. Whitney and based in New Canaan, Connecticut. At North Star, Nick evaluated lower middle market private equity investments and worked extensively with portfolio company boards and senior management teams to create operational value and provide strategic support. Before North Star, Nick was a member of the Private Equity Practice at Mercer Management Consulting (now Oliver Wyman).
Nick is a graduate of Dartmouth College and received an MBA from the Tuck School of Business at Dartmouth College.
Mr. VanderBurg has significant principal investing, mergers and acquisitions and operating experience. During his career, Mr. VanderBurg has completed mergers & acquisitions transactions with an aggregate value in excess of $2.8 billion and has assisted with debt and equity financings totaling approximately $2 billion. Mr. VanderBurg’s private equity experience includes serving as a Partner with Longview Merchant Banc, a Principal with Banc of America Capital Investors, and as a consultant to Shamrock Capital Advisors, Inc., Waud Capital Partners, L.L.C. and Gateway City Capital Investors. During this time, he invested $220 million in fourteen investments in middle market companies.
Mr. VanderBurg was previously Chief Financial Officer of Intelligent Reasoning Systems, Inc. and Director of Manufacturing Business Development of Tycom Corporation. Mr. VanderBurg began his career as a Financial Analyst with First Boston Corporation advising companies on mergers & acquisitions and corporate finance transactions.
Mr. VanderBurg received a BBA summa cum laude in Finance and Accounting from The University of Notre Dame and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University. Mr. VanderBurg is a certified public accountant.
He is currently a director of Six15 Technologies, LLC, a member of the IMS Companies, LLC advisory board, a former director of Hi-Tech Manufacturing LLC, and Four Leaf Textiles, LLC, and instructor of Entrepreneurial Finance at the Keller Graduate School of Management.