New York-based private equity firm Arsenal Capital Partners has hired former Bruckmann, Rosser, Sherrill & Co CFO Frank Scrudato as its own CFO and chief compliance officer.
Scrudato was also previously a director in KPMG’s and Arthur Andersen’s transaction services practices, and was director of corporate development for Asbury Automotive Group.
Arsenal co-founder and partner Jeffrey Kovach, said, “Frank is a key addition to Arsenal’s team who brings strong capabilities in managing the financial, operational and administrative aspects of a private equity firm.
“Frank’s experience in middle market private equity will enable Arsenal to maintain its high compliance standards and to continue to adapt to the additional regulatory focus on our industry. “His leadership ability and personality are an excellent fit with Arsenal’s culture and values and we look forward to Frank playing a significant role as we continue to advance our firm.”
Arsenal said its former CFO Pilar Lorente would continue to assist with finance and compliance projects.
Copyright © 2014 AltAssets