One Rock Capital hires Jason Sutton from Platinum Equity to bolster investment sourcing activities

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One Rock Capital has hired Jason Sutton from Platinum Equity as head of business development. Sutton will be based in New York and be responsible for marketing and investment sourcing activities.

He was previously responsible for business development activities at Platinum, focusing on identifying and evaluating new acquisition opportunities, and formerly a vice president at Deutsche Bank.

 

Tony Lee, managing partner of One Rock, said, “We are excited to welcome Jason to the team to lead our business development effort. “Jason’s experience and network complement those of our existing team and will further strengthen our investment sourcing capabilities.”

The firm has carried out four buyouts since January including the $4.3bn acquisition of Nestlé’s North American bottled water business alongside investment house Metropoulos & Co.

One Rock closed its third flagship investment vehicle on $2bn in March, beating its $1.5bn target. The firm closed Fund II on its $964m hard cap in 2017, taking less than three months to hit that total.

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