Press Release: PSP Partners Announces Peter Berghoff and Don Traubert Promotion to Director
Chicago, IL (January 12, 2023) – PSP Partners, a global private investment firm founded by its Chairman, Penny Pritzker, is pleased to announce the promotions of Peter Berghoff and Don Traubert to Director of PSP Capital, the control equity-focused arm of the firm.
Peter Berghoff joined PSP Capital in 2014 and has been instrumental in developing the firm’s Business & Technology Services practice. During his tenure with PSP, Peter has led or supported more than 10 investments including the successful combination of portfolio company 3Q with DEPT, a leading global marketing platform. Peter also currently serves on the board of Ntiva, a leading managed IT Services provider. Prior to joining PSP, Peter worked as an investment banker at Robert W. Baird. Peter holds a B.S. in Finance and Accounting from Indiana University.
Don Traubert joined PSP Capital in 2020 and focuses on transactions in the Advanced Industrials segment. He co-led PSP Capital’s acquisition of StormTrap, a global leader in stormwater management solutions, and serves on the Board of Directors at E.B. Bradley Company. Prior to joining PSP, Don worked at BDT & Company and began his career as an investment banker at Goldman Sachs. Don holds a B.A. in History from Yale University and an M.B.A. from Harvard Business School.
“Peter and Don are talented investors and dynamic leaders within our organization. They have made meaningful contributions to PSP Capital, have established themselves as experts in their respective sectors of focus, and uphold the core values of our firm,” said Troy Noard, Managing Director of PSP Capital. “We are delighted to announce their promotions and look forward to them continuing to play a significant role in the future of PSP Capital.”
“The promotions of Don and Peter are reflections of PSP Capital’s continued growth,” commented Jon Skinner, CEO of PSP Partners. “With a significant base of flexible capital, we expect to maintain our pace of investment activity over the next several years and believe our approach to building durable businesses makes PSP an ideal partner in all environments.”
About PSP Capital and PSP Partners:
PSP Partners is a global private investment firm founded by our Chairman, Penny Pritzker. As a strategic partner with a deep network and long-term, significant capital base, our mission is to build and grow market-leading businesses and maximize shareholder value in close collaboration with entrepreneurs, business owners, and management teams.
PSP Capital is the Private Investments team of PSP Partners that makes direct investments in established market-leading businesses. Our approach is patient, flexible and solutions-oriented, with a profound appreciation for preserving strong cultures and aligning interests with our valued partners to build shareholder value.