Argosy Private Equity Announces the Addition of Two New Team Members
Argosy Private Equity has added two new members to its investment team. Lane W. Wiggers has joined Argosy as our third Operating Partner, alongside Steve Morgenthal and Don Charlton. W. Daniel Loucks has joined Argosy as an Analyst. We are pleased to have both Lane and Dan join the Argosy Private Equity team. The Argosy Private Equity team now totals 19 professionals, including both the investment team and professional team. Below are Lane and Dan’s biographies.
Lane W. Wiggers has joined Argosy Private Equity as an Operating Partner. Lane is responsible for evaluating potential investments, performing due diligence, and working with portfolio companies to grow shareholder value. He has significant experience in the lower middle market, closing more than 30 acquisitions and associated capital raises since 2002. Prior to joining Argosy, Lane founded Cordam Group and was also a partner with CS Capital Partners. Both firms are early stage private equity investment firms, where he led all aspects of private equity sourcing, diligence and portfolio company engagement. Prior to joining CS Capital Partners, Lane was a Director with CD Ventures, a Philadelphia based private investment firm. Lane began his finance career as an investment banker in the Defense, Aerospace, and Technical Services (“DATS”) Group at Wachovia Securities/Wells Fargo where he focused on M&A advisory and public offerings. Prior to banking, Lane’s early career included operational, engineering and managerial roles with Rockwell International. He also held operational/engineering positions at Cooper Industries and Cummins Engine. Lane earned an undergraduate degree from Clemson University in Mechanical Engineering and an MBA from Smith School of Business at the University of Maryland where he was a Lamone Scholar.
W. Daniel Loucks has joined Argosy Private Equity as an Analyst. Dan is assisting in the evaluation of investment opportunities, performing company and industry due diligence, and portfolio analysis. Prior to joining Argosy, Dan worked as a Consultant for Ernst & Young, LLP in Philadelphia, PA. There he provided Risk Advisory services to both publicly-traded and privately-held companies in a variety of industries. Dan graduated in 2012 from the Pennsylvania State University with a Bachelor of Science degree in Finance, a Bachelor of Science degree in Accounting, and a Master of Accounting graduate degree. Dan is a CPA and a member of the AICPA.