--- title: "The Capstreet Group is Pleased to Announce Promotions and New Hires" description: "Houston, Texas, (September 15, 2021):The Capstreet Group, a Houston, Texas based private equity firm, is pleased to announce the promotions of Wayne..." url: https://capstreet.multisites.ai/news/the-capstreet-group-is-pleased-to-announce-promotions-and-new-hires publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # The Capstreet Group is Pleased to Announce Promotions and New Hires HealthcarePublished September 15, 20213 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) \*\*Houston, Texas – \*\*(September 15, 2021):The Capstreet Group, a Houston, Texas based private equity firm, is pleased to announce the promotions of Wayne Washburn to Chief Technology Officer – Operating Executive Team, Nico Gayle to Vice President and Evan Harmon to Senior Associate, effective August 1, 2021. Wayne joined Capstreet in September 2019 as Vice President, Technology, bringing over 35 years of experience in commercial software development, information technology architecture management and product management groups. Wayne’s broad business experience and technical knowledge have been instrumental in his ongoing engagements with portfolio companies and new investment opportunities. Nico joined Capstreet in July 2019 after having worked in the investment group at McNair Interests, a single-family office, and in investment banking at GulfStar Group, both in Houston. Nico earned a Bachelor of Arts degree in Economics from Vanderbilt University and a Master of Business Administration degree from the University of Texas at Austin – McCombs School of Business. Nico has distinguished himself during his career at Capstreet by his investment acumen and transaction expertise in working with both portfolio companies and in developing new investment opportunities. Evan joined Capstreet in July 2019 from Stephens Inc., where he worked on various types of M&A and financing transactions across the industrial, transportation, technology, media & telecom and energy sectors. Evan received a Bachelor of Business Administration in Finance degree and a Master of Financial Management degree from Texas A&M University. Evan’s investment acumen and strong work ethic have been invaluable to the Capstreet team. Additionally, in the summer 2021, Capstreet welcomed three new associates, Keith Cotter, Travis Groos and Varun Nalamada, as well as a business development analyst, Annie Curley. “We are excited about the growth of the Capstreet team and continue to look for opportunities to expand the team to help drive value at our portfolio companies,” said George Kelly, Managing Partner at Capstreet. ## About The Capstreet Group The Capstreet Group is a Houston, Texas based private equity firm that invests in lower middle market companies. Capstreet targets companies focused on industrial products and distribution, software and tech-enabled business services. Capstreet’s approach is to partner with excellent management teams to build out corporate infrastructure, accelerate growth and profitability, and create long term sustainable businesses. For more information, visit The Capstreet Group website, [www.capstreet.com](https://capstreet.multisites.ai/). ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)