CHICAGO – April 9, 2020 – Erie Street, an independent advisory firm that works with founders and management teams to achieve next-level growth, today announced the hire of Matt Hallgren as Chief Financial Officer.
In this new role, Hallgren will be responsible for overseeing the financial operations for both Erie Street and Performance Improvement Partners (PIP), an Erie Street company, including accounting, financial planning and analysis, internal controls, and investor relations, while also designing and developing the firms’ M&A strategies. In addition, he will support the evaluation and strategic integration of acquisitions for Erie Street and its partner companies. Hallgren will report to Jerry Graunke, Principal, Erie Street.
“Erie Street is excited to bring Matt’s vast experience in finance, technology, and advisory to the firm, which make him extremely well-suited for the role,” said Graunke. “As we move forward in the context of today’s environment, there couldn’t be a better time for Matt to be joining our team. I am confident that he will be an incredible addition, and that he will have invaluable, long-term impact on our firm and partners.”
Prior to joining Erie Street, Matt served as Chief Financial Officer of Glencoe Capital, a private equity firm focused on lead-sponsor acquisitions and growth equity investments for middle market companies. Prior to that, he was the Chief Financial Officer of Press Ganey, and has also held leadership roles at Heidrick & Struggles International, Inc., Boeing, and Deloitte. Through his C-Suite experience, Matt brings expertise in private equity, IPOs, SEC reporting, oversight of global financial operations, technical accounting advisory, and public accounting.
“Erie Street’s reputation as a trusted advisor and proven business builder is exceptional, and I look forward to helping further the firm’s mission to help businesses achieve next-level performance,” said Hallgren. “Today’s environment, while difficult on many levels, creates opportunity for Erie Street to have an even greater impact on the future of our partner organizations, and I’m thrilled to be part of that journey.”
Hallgren’s appointment comes on the heels of Erie Street’s recent strategic partnership with APCO Worldwide, designed to support the continued expansion of APCO Worldwide’s strategic advisory offering and geographic footprint. As part of the partnership, Erie Street Chairman and CEO, Terry Graunke, was also appointed to lead director of APCO Worldwide’s board.
ABOUT ERIE STREET
A strategic and operational growth partner, Erie Street is a Chicago-based, independent advisory firm leveraging its operational heritage and entrepreneurial spirit to work with founders and management teams to achieve next-level growth. The firm brings corporate advisory, operational excellence, and go-to-market strategies to highly disrupted and changing business environments to mitigate risk, realize potential, and deliver exceptional value. Erie Street Capital is led by Founder, Chairman and CEO Terry Graunke, a proven leader in the marketing services and digital communications industry. For more information, please visit eriestreet.com.