SOURCE: JPB Enterprises, Inc.

JPB Enterprises, Inc.

July 07, 2010 12:28 ET

JPB Enterprises, Inc. Strengthens Management Team With New CFO

COLUMBIA, MD--(Marketwire - July 7, 2010) - JPB Enterprises, Inc. ("JPBE"), a privately owned investment and services holding company focused on serving lower middle market and family-owned businesses, today named Sam A. Beritela as its new Chief Financial Officer.

Mr. Beritela brings over 20 years of finance and operational experience to JPBE and its family of companies. In his role as CFO, Mr. Beritela will provide the overall financial leadership, operational oversight and reporting necessary to assure the integrity and soundness of JPBE financials.

Most recently, Mr. Beritela served as Managing Member at Cielo Capital Management, where he co-founded the first life settlement company in the country specializing in small face-value policies. Earlier, he was employed as Principal and Chief Financial Officer at Sterling Partners, a private equity investment firm in Baltimore, Maryland.

"We are extremely pleased to welcome Sam to JPBE's senior management team," said J.P. Bolduc, Chairman and CEO of JPBE. "Sam brings to JPBE a highly diversified background with the requisite skills, knowledge, experience and financial expertise to strengthen an already highly qualified senior management team," stated Mr. Bolduc.

Mr. Beritela holds a Masters in Business Administration from the J.L. Kellogg Graduate School of Management at Northwestern University, a BBA in Accounting from the Sellinger School of Business and Management at Loyola College and is a Certified Public Accountant. He is a Charter Member of the National Venture Capital Association CFO Task Force and a Member of the Baltimore Council on Foreign Affairs and Private Equity CFO Association.

JPB Enterprises (www.jpbe.com) consists of a family of companies that includes Stronghold Advisors (www.stronghold-advisors.com), a leading middle-market advisory firm in the Mid-Atlantic region. It provides M&A and strategic growth advisory services to family-owned and closely-held businesses. Other JPBE Columbia based affiliates include JPB Accounting and Valuation Services, The HR Team, JPB Real Estate Services, JPB Private Equity Investment Funds, JPB Corporate Recoveries and a portfolio of JPB owned businesses outside of Maryland.

Contact Information

  • For More Information Contact:
    Mary Bolduc-Glagola
    Email Contact
    443.540.2297