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  • The Associated Press

    ZCG-Backed Eppinger Technologies Appoints Lee Sweigart as Chief Financial Officer

    4 hours ago

    NEW YORK--(BUSINESS WIRE)--Jul 23, 2024--

    Eppinger Technologies (“Eppinger”), a leading designer and manufacturer of sophisticated, high precision tooling solutions, today announced that Lee Sweigart has joined the company as Chief Financial Officer.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240722213572/en/

    As CFO, Mr. Sweigart will lead all aspects of Eppinger’s global financial function, the company’s strategic planning process, and the company’s ongoing integration with Techniks Tool Group, which acquired Eppinger in 2023. He brings over two decades of senior financial leadership experience and most recently worked for FTI Consulting as a Managing Director, where he helped clients professionalize and streamline their finance functions, as well as provided support on general business and accounting related matters. Prior to FTI, Mr. Sweigart spent 18 years at Huron Consulting Group and began his career at Arthur Andersen. He has a bachelor’s degree in accounting and finance from Indiana University Bloomington.

    “Lee is well-versed in our business, having previously worked with Eppinger in an advisory role, and we’re thrilled to welcome him to the team in an official capacity as CFO,” said Chad Heathco, Chief Executive Officer of Eppinger Technologies. “His demonstrated success advising and leading dozens of businesses will aid him in supporting our strategic decision-making as Eppinger continues to expand to meet the evolving needs of our global customer base.”

    “With its reputation for technical expertise and commitment to innovation and quality, Eppinger has an enormous opportunity to continue transforming the future of CNC machines, automation, and robotics,” Mr. Sweigart said. “I look forward to leveraging my existing familiarity with Eppinger and relationships with Chad and the rest of the leadership team to continue to drive efficiencies and ensure we are positioned for long-term success.”

    About Eppinger Technologies

    Eppinger Technologies is a global leading mechanical engineering company supplying sophisticated, high precision automation solutions and tooling systems across the manufacturing space with expertise and product offerings across the aerospace, robotics, medical, automotive, defense, and energy industries.

    Eppinger Technologies is a portfolio company of Z Capital Partners, L.L.C., the private equity arm of Z Capital Group, L.L.C. (“ZCG”) ( www.zcg.com ), a leading privately held merchant bank.

    For more information, please visit https://eppingertechnologies.com.

    About ZCG

    ZCG is a leading, privately held merchant bank comprised of private markets asset management, business consulting services, technology development and solutions.

    ZCG’s investors are some of the largest and most sophisticated global institutional investors including pension funds, endowments, foundations, sovereign wealth funds, central banks, and insurance companies.

    For almost 30 years, ZCG Principals have invested tens of billions in capital and have industry leading track records in private equity and credit.

    ZCG has a global team comprised of over 400 professionals. For more information, please visit www.zcg.com.

    View source version on businesswire.com:https://www.businesswire.com/news/home/20240722213572/en/

    CONTACT: Tim Ragones / Kate Thompson / Madeline Jones

    Joele Frank, Wilkinson Brimmer Katcher

    212-355-4449

    KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

    INDUSTRY KEYWORD: PROFESSIONAL SERVICES ENGINEERING MANUFACTURING FINANCE ASSET MANAGEMENT OTHER MANUFACTURING BANKING

    SOURCE: Eppinger Technologies

    PUB: 07/23/2024 08:00 AM/DISC: 07/23/2024 08:00 AM

    http://www.businesswire.com/news/home/20240722213572/en

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