LOS ANGELES--(BUSINESS WIRE)--LightBay Capital (“LightBay”), a Los Angeles-based private equity firm focused on middle-market opportunities, today announced that David Burcham has joined the firm as a Principal. Mr. Burcham will be responsible for sourcing, analyzing new investments, due diligence, deal process execution, and portfolio company management and monitoring.
Mr. Burcham brings a decade of direct investing and transaction experience to LightBay. Prior to joining the firm, Mr. Burcham spent more than eight years at Levine Leichtman Capital Partners (“LLCP”), where he most recently served as a Managing Director and led private equity and credit investments across several industries and in a variety of transaction types. He served on the boards of seven companies in the consumer, healthcare, business services, and manufacturing industries. Prior to LLCP, Mr. Burcham worked as an investment banker in the Leveraged Finance group at RBS Securities and an Engineer/Scientist in the Space & Intelligent Systems division at The Boeing Company.
“Dave brings with him an exceptional history of investing, leading teams, and partnering with executives in building businesses across our core industry sectors of consumer, healthcare, and business services,” said Nav Rahemtulla and Adam Stein, Founding Partners of LightBay Capital. “We are excited to have him join the team and are confident that his investment acumen and leadership qualities will have a tremendous impact on our business and will play an integral role in the firm’s long-term growth and development.”
Mr. Burcham said, “I look forward to working with the talented and accomplished team at LightBay as we build on the firm’s success in the years ahead.”