Bloomberg News

Thomas H. Lee Managing Director Hermann Leaves After Two Years

June 20, 2013

Jesse Hermann, a managing director at Thomas H. Lee Partners LP, has left the Boston-based company for another buyout firm.

Hermann, who joined private-equity firm THL in 2011 after more than 20 years in various management roles at manufacturing companies and consulting firms, focused on analyzing and improving operations at portfolio companies, he said by telephone. He is set to join Court Square Capital Partners LP, which is based in New York, next week as an operating partner.

THL in April agreed to buy CompuCom Systems Inc., an information-technology services provider, from Court Square for an undisclosed amount.

“It was for personal reasons that I decided to leave,” Hermann said. “They’re good guys” at THL.

Hermann was previously a senior director at advisory and restructuring firm Zolfo Cooper, chief executive officer at software company Icarz Inc. and CEO of switches and locks maker General Automotive Co. (GNAUQ:US), according to a biography that was on THL’s website before being removed. He graduated from Amherst College in Massachusetts and Stanford Graduate School of Business.

Matt Benson, a spokesman for THL at public-relations firm Sard Verbinnen & Co., didn’t return a message seeking comment.

To contact the reporter on this story: Devin Banerjee in New York at dbanerjee2@bloomberg.net

To contact the editor responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net


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