Rainier Partners, a private equity firm investing in lower middle-market services businesses, announced the promotions of Henry Anderson and Luke Bench to Principal and Dave Shephard to Executive Director.  
 
Anderson joined the Rainier team in 2020 and is a Principal. Prior to Rainier, Anderson served as the Interim CFO of 3B Medical Devices. Before that, he was a Senior Associate at Altamont Capital Partners. 
 
Bench is a Principal, having joined Rainier in 2020. Before Rainier, Luke was a Senior Associate in the San Francisco office of Calera Capital, a middle-market private equity firm. Prior to Calera, he was a member of Jefferies’ Mergers and Acquisitions group in New York. 
 
Shephard joined Rainier Partners in 2022 and serves as the Executive Director of Portfolio Operations, focusing on value creation strategies. Prior to Rainier, Shephard spent six years at Bain & Co., where he managed teams focused on private equity due diligence and strategic challenges.
 
“At Rainier, we strive for a culture that attracts and retains the most talented team members to deliver results for our investors,” said Rainier Co-Founder and Managing Partner Jon Altman. “We’ve been fortunate to have Henry Anderson, Luke Bench, and Dave Shephard on our team who embody and perpetuate this culture.”
 
“Henry and Luke have been with the firm as key deal professionals since our first year of operation and have been instrumental in our success to date,” continued Rainier Co-Founder and Managing Partner Alex Rolfe. “Dave has been a key leader in formulating and implementing our SUMMIT strategy. We’re thrilled to see them all progress with these well-deserved promotions.”