Bansk Group Announces Promotions
Chris Kelly Promoted to Senior Partner
Ciaran Bermingham and Tim Stone Promoted to Principal
New York, December 18, 2023 – Bansk Group (“Bansk”), a consumer-focused private investment firm dedicated to building distinctive consumer packaged goods (“CPG”) brands, today announced three promotions.
“These promotions reflect the talent across our exceptional team at Bansk,” said Bart Becht, Senior Partner and Chairman of Bansk. “We are proud to recognize the accomplishments of Chris, Ciaran, and Tim with their well-deserved promotions. Since the close of our inaugural fund, Bansk’s portfolio companies have been performing well, due in part to the significant contributions from Chris, Ciaran and Tim. We would like to thank them for their positive impact on the success of our firm and the success of the portfolio companies and their distinctive brands Bansk partners with.”
- Chris Kelly has been promoted to Senior Partner. Chris brings more than 15 years of experience investing in the consumer sector and leads Bansk's efforts across the beauty & personal care and consumer health categories. Prior to joining Bansk, he co-led the Consumer & Retail vertical at TPG Growth. He currently serves as a Director of amika, Arcadia Consumer Healthcare, Ethique, and Eva NYC. Chris received a B.S. in Finance from Brigham Young University and an M.B.A. from the Wharton School of the University of Pennsylvania, where he was named a Palmer Scholar.
- Ciaran Bermingham has been promoted to Principal. He currently serves as a Director of Arcadia Consumer Healthcare and Red’s All Natural. Prior to joining Bansk in 2020, he was an investment professional at L Catterton. Ciaran began his career at Jefferies in the Mergers & Acquisitions Group. Ciaran received a B.S. in Business Administration with a concentration in Finance from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill.
- Tim Stone has been promoted to Principal. He currently serves as a Director of amika, Eva NYC, and Woodstream. Prior to joining Bansk in 2020, he was an investment professional at Mill Point Capital. Before Mill Point, he was an Associate at Vestar Capital Partners. Tim began his career at Barclays in the Global Industrials Group. Tim received a B.A. in Leadership Studies and a minor in Business Administration from the University of Richmond.
About Bansk Group
Founded in 2019, Bansk Group is a New York-based private investment firm focused on investing in and building distinctive consumer brands. The firm partners with differentiated brands across four primary consumer categories: beauty & personal care, consumer health, food & beverage, and household products.
Over their careers with Bansk and elsewhere, Bansk’s tenured group of investors and operators have been involved in more than $30 billion of equity capital investments across more than 40 transactions with some of the most innovative and well-known consumer companies in the world. With extensive investment experience in the consumer products industry, a global network of relationships, and a tested value creation playbook, Bansk seeks to partner with exceptional founders and management teams to drive outsized organic and acquisitive growth and position brands for enduring long-term success in the evolving consumer landscape.
www.banskgroup.com
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