Princeton Equity Group (“Princeton” or the “Firm”), a private equity firm focused on partnering with leading franchisor and multi-location businesses, today announced the promotions of Jack Nagle and Joseph Trahan from Principal to Partner.
“Jack and Joseph have each made meaningful contributions to Princeton since joining the Firm, and we are pleased to recognize their leadership with these well-deserved promotions,” said Jim Waskovich, Co-Founder and Managing Partner. “They have both demonstrated strong investment judgment, a deep commitment to our companies and management teams, and the collaborative approach that is central to how we operate. We look forward to their continued contributions as Partners.”
“Developing and promoting talent from within is an important part of building Princeton for the long term,” added Doug Kennealey, Co-Founder and Managing Partner. “Jack and Joseph embody the values we look for in our leaders and have become trusted partners to our colleagues and management teams. We are excited to welcome them to the partnership as we continue to grow Princeton’s platform.”
“Princeton is an incredible collection of talented investors and founders. I am extremely grateful to be included as a Partner,” said Mr. Nagle. “I am excited to continue our rewarding work alongside our talented founders and management teams to help scale their businesses.”
“I am honored by this recognition. Princeton is a special firm, with a focused strategy in franchisor and multi-location investing and a history of helping our portfolio companies grow,” said Mr. Trahan. “Princeton has continued to sharpen its edge, building an exceptional team of investors and operators and strengthening our value creation capabilities.”
Mr. Nagle joined Princeton in 2021 as a Vice President and was promoted to Principal in 2024. Since joining the Firm he has focused on sourcing and executing transactions and providing operating support to Princeton’s portfolio companies. His current investment involvement includes Amped Fitness, Barry’s, Stretch Zone and D1 Training; he was also involved with IFPG prior to its sale. Prior to joining Princeton, Mr. Nagle held investment roles at Kayne Anderson Capital Advisors and J.F. Lehman & Company. He began his career at Morgan Stanley. Mr. Nagle earned a B.S. in Management Science and Engineering from Stanford University.
Mr. Trahan joined Princeton in 2021 as a Vice President and was promoted to Principal in 2023. Since joining the Firm he has focused on sourcing and executing transactions and providing operating support to Princeton’s portfolio companies. His current investment involvement includes Pirtek, KidStrong, Five Star Franchising and Ellie Mental Health. Prior to joining Princeton, Mr. Trahan held investment roles at Trive Capital and Elm Park Capital Management. He began his career at J.P. Morgan Chase. Mr. Trahan earned a B.B.A. in Finance (Business Honors) from Texas A&M University and an MBA from the Kellogg School of Management at Northwestern University.
About Princeton Equity Group
Princeton Equity Group is among the most experienced franchisor and multi-location investors in the United States, managing approximately $3.0 billion in assets. Princeton views each investment as a long-term, supportive business partnership with founders and management teams. Over a 20-year history, Princeton’s team has developed specialized operating and proprietary resources to help its partner companies’ scale. For more information, visit www.princetonequity.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20261013970941/en/
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