NEW
YORK, May 6, 2024 /PRNewswire/ -- White
Mountains Partners, a White Mountains operating company, announced
today that David Mondrus has joined
its founding team as Chief Financial Officer and Financial
Operating Partner.
Prior to joining White Mountains Partners, David was a Finance
Director at The Riverside Company, a private equity firm focused on
acquiring growing companies in the lower middle market. David
began his career at KPMG LLP in the Assurance practice and is a
registered Certified Public Accountant.
John J. Daly, White Mountains
Partners' CEO and Managing Partner, said, "We are excited to
welcome David to our growing team. He brings a wealth of
experience in financial management, deal making and operating
company value creation."
ADDITIONAL INFORMATION
White Mountains Partners is a wholly-owned business unit of
White Mountains Insurance Group, Ltd. (NYSE: WTM) and provides
first institutional capital to family, founder, and
entrepreneur-owned businesses in the essential services, light
industrial and specialty consumer sectors. Additional
information is available on White Mountains Partners' website
located at www.wtmpartners.com.
FORWARD-LOOKING STATEMENTS
The foregoing press release contains "forward-looking
statements". The Company intends such statements to be
covered by the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements, other than
statements of historical facts, which address activities, events or
developments which White Mountains Partners expects or anticipates
will or may occur in the future are forward-looking
statements. The words "will", and "expect" and similar
expressions are also intended to identify forward-looking
statements. The Company cannot promise that its expectations in
such forward-looking statements will turn out to be correct because
they are subject to factors beyond its control, including business
opportunities (or lack thereof) that may be presented to it and
pursued; the continued availability of capital and financing;
deterioration of general economic, market or business conditions,
including due to outbreaks of contagious disease (including the
COVID-19 pandemic) and corresponding mitigation efforts; and
competitive forces and changes in laws or regulations.
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SOURCE White Mountains Partners
