Beringer Capital brings in Deloitte partner Cacioppo in wake of $350m Fund IV raise

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Deloitte partner Luciano Cacioppo has moved to Beringer Capital as a managing partner in the wake of the firm closing its $350m fourth fund in May.

Cacioppo was previously leader of the Deloitte Private practice in the Ontario region and the managing partner of its SME program.

He led a national team who specialized in delivering audit and assurance, tax, consulting and risk and financial advisory services to private companies.

Beringer Capital chairman and managing partner Perry Miele said, “This year has been unlike any that we’ve seen before, and the seismic shift in economic activity and consumer behavior is one that millions of businesses will inevitably have to adapt to.

“As we gear up for the launch of Fund IV, the addition of Lu to our investment team will add a new dimension of insight and strategy that will be critical to the success of mid-market companies that are well-positioned to benefit from an accelerated digital transformation trajectory.”

Cacioppo said, “Beringer Capital is among the few private equity firms that were smart enough and nimble enough to capture early digital transformation trends.

“Due to the team’s laser focus and tactical guidance, the firm has seen several successful exits, which serves as an indicator of Beringer Capital’s impact on helping businesses thrive across media, e-commerce, technology and digital marketing industries.

“With Fund IV, we plan to bolster the competitive advantage of promising companies by providing them with the insight and tools they need to succeed.”

Earlier this year Beringer sold advertising and brand marketing industry coverage specialist Adweek to Shamrock Capital.

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