Ohio Pen - Edgewater Capital Partners Welcomes Joel Rathbun as Partner

Trending...

CLEVELAND, April 3, 2025 ~ Edgewater Capital Partners, a leading private equity firm, has recently announced the addition of Joel Rathbun as a Partner. In his new role, Rathbun will be responsible for business development, deal execution, and portfolio management.

With over 26 years of experience in corporate development and investment banking, Rathbun brings a wealth of knowledge and expertise to the firm. He has held leadership positions at Avient Corporation (formerly PolyOne) and Moelis & Company, where he has successfully executed strategic initiatives and created value for clients.

Rathbun's extensive background in advanced materials and specialty industrials makes him a perfect fit for Edgewater's focus on these markets. His track record of strategic execution and value creation aligns seamlessly with the firm's investment strategy.

Prior to joining Edgewater, Rathbun spent more than 13 years at Avient in Cleveland. During his tenure, he played a crucial role in the company's transformative period marked by strategic acquisitions and divestitures. Notably, he was instrumental in the acquisitions of Clariant's masterbatch division and DSM's Dyneema business, which helped transform Avient into a pure-play specialty materials solutions platform. He also served as General Manager for the company's Specialty Engineered Materials business in North America, achieving record operating income and profitability under his leadership.

More on Ohio Pen

Before his time at Avient, Rathbun spent over 13 years in investment banking at Moelis & Company and CIBC World Markets. He advised clients in various industrial sectors including advanced materials, chemicals, and aerospace & defense.

Pete Ostergard, Managing Partner at Edgewater Capital Partners expressed his excitement about Rathbun joining the team. "We've known Joel for a number of years and are thrilled to have him join our firm," said Ostergard. "His deep sector knowledge, operational leadership, and M&A experience directly align with our investment strategy. Beyond that, Joel's collaborative and thoughtful approach will bring tremendous value to our team and to the management teams we partner with and support."

The entire team at Edgewater Capital Partners is excited to welcome Rathbun and looks forward to his contributions in driving the firm's continued growth and success. With his extensive experience and expertise, Rathbun is sure to play a crucial role in the firm's future endeavors.

Filed Under: Business

0 Comments

Latest on Ohio Pen