SOUTHLAKE, Texas – April 3, 2020 – Insight Equity Holdings LLC (“Insight Equity”), a leading middle-market private equity firm, is pleased to announce the promotion of Luke Bateman to Principal at Insight Equity Management Company LLC.
Luke is a key member of the firm and is responsible for evaluating and executing investment opportunities throughout various industry sectors and partnering with portfolio company management to execute strategic and operational initiatives. Luke is currently working with Insight Equity’s investments in Eddy Packing Company, a producer of beef, pork, and poultry products and provider of a diversified portfolio of branded and private label products to retail and food service customers; Virtex Enterprises, a manufacturer of printed circuit board assemblies and other critical electronic systems for small and medium-sized customer programs across a wide range of industries; and Emerald Transformer, a national single-source solution for oil-filled electrical equipment with services that include repair, re-manufacturing, field technical services, recycling, and disposal.
“We are thrilled to announce Luke’s promotion to Principal,” commented Ted Beneski, CEO & Managing Partner of Insight Equity. “Insight Equity believes its greatest asset is its talented team. We want to congratulate Luke on his accomplishments.”
Luke received his MBA from The Wharton School of the University of Pennsylvania and graduated from Harvard University with an AB in Philosophy and a secondary concentration in Government.
Insight Equity makes controlling investments in strategically viable, middle market, asset intensive companies across a wide range of industries. Insight Equity specializes in partnering with companies in complex and challenging situations, including corporate divestitures, aggressive growth opportunities, restructurings, and transitions from private family ownership. The firm leverages a proven, collaborative value creation model to facilitate operating enhancements and growth. Insight Equity’s headquarters is located near the Dallas / Fort Worth International Airport in Southlake, Texas. The firm also has an office in New York City.