THE PARTNERS AND FOUNDERS OF 3 RIVERS CAPITAL HAVE OVER
70 YEARS OF COMBINED EXPERIENCE IN VARIOUS DISCIPLINES,
INCLUDING TRANSACTIONAL AND LEVERAGED FINANCE,
EXECUTIVE MANAGEMENT, ORIGINATION AND OPERATIONAL
In 2005, Dale Buckwalter, Bob McGuire and Rob Carskadden co-founded 3 Rivers Capital to unlock the hidden value of small family-owned businesses.
Today, the partners oversee all of the investment and operational activities at 3 Rivers Capital. Their unique blend of executive management, operational
process design and transactional finance expertise has driven positive outcomes in sourcing, financing and operational transformation of small businesses for over a decade.
The partners take great pride in providing investors with a distinctive combination of transparency and professionalism in every transaction, which they believe leads to superior results and positive outcomes for all related parties. The partners are supported by a staff of operational, transactional and business development professionals with over 50 years of experience.
Prior to co-founding 3RC, Dale had 30 years of transactional and executive experience, having spent 18 years with the merger and acquisitions departments of Coopers & Lybrand and Deloitte & Touche. During that time, Dale was involved in, and ultimately led, numerous engagements involving financial due diligence, cash flow analysis and the structuring of transactions for several of the firms’ nationally recognized private equity clients.
Dale also spent 12 years as the CFO of two companies where he gained invaluable experience leading a $600 million management buyout of Anthony Crane with Bain Capital and a $1.2 billion restructuring of Anchor Glass with Cerberus Capital. Having worked with two large and well-respected private equity firms, Dale has leveraged this experience to gain a unique perspective on what true value-add a financial partner can provide and how, when applied to smaller, family life-style businesses, can provide exponential increases in value.
Dale now takes pride in developing small businesses by removing barriers to growth. Seeing these businesses prosper is what drives his passion for the work that he and the team are doing at 3 Rivers Capital. Dale’s operational proficiency drives the investment process and provides leadership to management teams by setting expectations, driving results and developing people. As a long-time Vistage member, Dale stays abreast of the latest developments on business best practices and shares those practices with 3RC management teams.
Prior to his co-founding of 3RC, Bob spent more than 30 years in transactional finance as a lead loan originator and underwriter for J.P. Morgan Chase, G.E. Capital and Bank of America. During that time, Bob financed over $2 billion of transactions across various sized and manufacturing industries including metal, mining and automotive. While at Bank of America, Bob’s group was also tasked with making commitments to private equity funds as part of Bank of America’s internal private equity program. Many of those commitments were in the formative years of now current giants in the industry.
This experience and exposure to professional private asset management spawned his desire to one day be a principal investor himself. His interest in the small-market stems from firsthand knowledge that investment performance is markedly better for firms that focus on the small market rather than moving upstream into larger more efficient markets.
The team leverages Bob’s extensive asset-based and leveraged finance expertise with his natural ability to relate to business owners on a personal level. This unique skill set gives him a unique perspective with sellers, which often leads to privileged deal sourcing opportunities. Bob understands the risks associated with manufacturing and service businesses and how to manage the risks associated with growth initiatives. As a result, Bob plays a vital role in the optimization of the capital structure of each transaction and helps to drive advantaged sourcing opportunities while empowering management teams with the optimal balance sheet for growth.
Prior to his co-founding of 3RC, Rob had 12 years of experience in operational finance and process analysis. After graduating from Columbia Business School, Rob continued his career at Ford Motor Company, joining their newly-designed manufacturing finance training program. While at Ford, Rob held numerous positions including line foreman at the Dearborn Stamping Plant, finance manager for the company’s North American Stamping Best Practices Team, and finance manager for the small vehicle transmission program.
Rob joined Fisher Scientific in 1997, where he held various financial positions at the corporate and operational level, including business development, distribution, logistics, and sourcing. While trying to solve an inventory issue, Rob launched and became General Manager of an online business-to-business platform to market scientific equipment and supplies (Einstein’s Garage). After his success at Fisher, Rob launched Standish Consulting, a boutique strategic advisory firm, focused on operational, financial, and process design improvement. There, Rob successfully developed and implemented an Activity Based Costing (ABC) management program for a multi-billion dollar tier one automotive supplier. His success with the automotive group led to several other assignments, including several budget development programs.
Combining diverse functional experience with financial and technical expertise, Rob delves into the operational and financial details of both targets and portfolio companies for 3 Rivers Capital. He is passionate about providing the leadership, concepts, and analysis to help these small companies reach their potential, thereby providing small newly unencumbered companies the operating disciplines and technology to unlock their hidden value.
Josh Nanci, Director, joined 3 Rivers Capital in 2015. He is responsible for strategy development, outbound sourcing, deal evaluation and investor relations.
Prior to joining 3RC, Josh headed the business development and investor relations functions at Wilshire Private Markets, a private equity fund-of-funds manager and advisor from 2011 to 2015. Before transitioning to an in-house role at Wilshire, he was a placement agent responsible for raising capital for various private equity strategies including buyout, venture capital, growth equity, structured equity, infrastructure, distressed debt and funds-of-funds on a global basis. Prior to his time at Wilshire, Josh was a Vice President with Schneider Downs Corporate Finance in Pittsburgh, where he provided merger and acquisition investment banking services to small-to-middle-market businesses seeking to maximize their strategic opportunities. While at Schneider Downs, Josh participated in numerous transactions across various industries with an approximate transaction value of over $200 million.
Josh received a Bachelor of Science degree in Finance and Business Law from Duquesne University and his Masters of Business Administration degree from the University of Pittsburgh.
Michael Zhong, Vice President, joined 3 Rivers Capital in 2015. He is responsible for business development, deal evaluation, managing lender relationships, and portfolio company monitoring.
Prior to joining 3RC, Michael has had a variety of roles and experiences. While at Discover Financial Services, he successfully completed several assignments across Discover Bank’s strategy and operations group. Additionally, Michael founded three different start-ups in diverse fields, including consumer retail and software. Through those experiences, Michael developed a great appreciation for the challenges of owning, growing, and operating small businesses.
Michael completed his undergraduate degree in Economics at the University of Illinois and received his MBA from the Tepper School of Business at Carnegie Mellon University in Pittsburgh, PA.
Greg Martin, Senior Associate, joined 3 Rivers Capital in 2018. He is responsible for deal screening, financial modeling and analysis, assisting in legal and business due diligence from pre-LOI process through closing, and post-transaction portfolio monitoring.
After graduating from the UCLA School of Law, Greg joined the Corporate Restructuring and Insolvency Group at Winston & Strawn, LLP. At Winston, Greg represented various clients in restructuring matters including debtors, secured and unsecured creditors, and trustees in industries ranging from banking and finance, to manufacturing and oil and gas. Greg then went on to start a firm that developed software to predict law firm and client financial exposure in litigation.
Prior to joining 3RC, Greg worked for Compass Advisory Partners, LLC as a management consultant for distressed businesses. While at Compass, Greg completed restructuring projects for a variety of companies in the oil and gas, manufacturing, and biotech fields.
In addition to a law degree, Greg received an MBA from the Tepper School of Business at Carnegie Mellon University in Pittsburgh, PA.