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Manufacturing Technology Insights | Wednesday, August 11, 2021
Francois Marti joins May River Capital.
FREMONT, CA: May River Capital, a private equity firm focused on growing and sustaining lower middle-market industrial enterprises, appoints Francois Marti to the board of directors of NSL Analytical Services, a May River Capital platform company. Marti, a seasoned executive in the Testing, Inspection, Certification, and Compliance (TICC) industry, joins the board of directors of NSL Analytical Services, prominent independent commercial materials and analytical testing company.
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Marti previously served as Chief Operating Officer for SGS's North American region. Marti has nearly two decades of senior management expertise in the industrial services sector, encompassing aerospace, medical device, infrastructure and construction, energy, and speciality manufacturing. He was also the CEO of FCA Services, the old Fiat Chrysler Automobiles' service division.
"We are delighted to welcome Francois to the NSL Board of Directors. We look forward to his contributions as a new independent director and are excited that he has chosen to partner with us," says Patrick St. John, a Principal of May River Capital.
"Francois is joining as we continue to drive investment in NSL's scientific capabilities and talent. We expect Francois to apply his deep experiences to the Board and bring a fresh perspective as we continue to execute our strategy and deliver the highest quality service possible to our customers," says Ron Wesel, CEO of NSL Analytical Services.
"I am excited to join the NSL Board of Directors," stated Francois Marti. "I look forward to working alongside my fellow Board members and company management to support the growth vision of building a world-class network of independent testing laboratories," Marti adds.
May River Capital is a private equity firm based in Chicago, Illinois. The firm invests in lower middle-market industrial growth companies, including precision manufacturing, engineered products and instrumentation, specialised industrial services, and value-added industrial distribution. The firm is investing from its second institutional fund, which closed in December 2019.
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