Palo Alto, CA-based Altamont Capital Partners has confirmed that Billy Medof has joined the firm as an Operating Partner.
In his new role, Medof will accelerate Altamont’s investment thesis within the corrugated packaging industry, drawing on his nearly 20 years of executive leadership experience in the industry. He previously served as both President of Georgia Pacific Corrugated and business leader for GP’s Sheet Feeders, which are subsidiaries of Koch Industries.
“We believe Billy’s experience will be a key factor as we continue developing our thesis,” said Randall Eason, Managing Director and co-founder of Altamont. “We’re excited to connect with founders and owners who share our commitment to people-driven cultures, including through broad-based equity programs in concert with our role as a founding partner of Ownership Works, and want to join us in growing their business.”
“Independent, nimble corrugated box manufacturers are on the cutting edge in delivering services, products, branding, and value to their customers,” said Chase Beeler, Principal at Altamont. “We likewise believe that there is substantial value and opportunity in building a platform capable of delivering the benefits of national scale with local presence in the industry.”
“I’m looking forward to working closely with Altamont as they continue building world-class businesses, particularly within the corrugated packaging market,” said Medof. “Altamont’s partnership-first approach, talented team, and committed, patient capital are a winning combination for founders and owners looking to grow their business and offer even greater value to their customers, employees, and investors. I’m excited to apply this approach alongside my experience as we build partnerships within the packaging industry. Serving independent box makers as the leader of GP’s Sheet Feeders was incredibly fulfilling, and I am excited to work again with the great people in our industry.”