Timothy P. Wegener, CFA


Tim is a Partner and co-founder of Caruth Capital Partners and is actively involved in all aspects of the firm’s investment activity. He is a board member of each of the four current portfolio companies and actively works with management on developing and implementing value-creating initiatives.

During his 20 year investment career he has held several senior investment positions. Prior to co-founding Caruth Capital, Tim was a principal at a Dallas-based middle market fund where he worked closely with Mr. Webb and Wilhite. During his tenure there, he led the leveraged recapitalization of a successful media company, Big Outdoor Media Holdings, where he was Chairman.

Previously, Tim was co-head of private equity investing for Thrivent Financial, in Minneapolis, where he started and led the deployment of $2.5 billion of equity.

Tim graduated from Carthage College and received his MS, Finance from the University of Wisconsin. He is a Chartered Financial Analyst.

Ben DeTar Wilhite


Ben is a Partner and co-founder of Caruth Capital Partners and is actively involved in all aspects of the firm’s investment activity.  He is currently a board member of three portfolio companies and actively works with management on developing and executing value-creating initiatives.

He previously spent nine years with a middle market private equity fund and was involved in sourcing, financing and deal execution activities across multiple industries and companies.  Mr. Wilhite worked closely with Messrs. Webb and Wegener on several transactions. He played a significant role in a buy and build strategy with a successful exit through a strategic sale, a leveraged recapitalization of a leading consumer packaged goods manufacturer, which resulted in a return of capital to investors through a dividend recap and ultimately a strategic sale, a leveraged recapitalization of a niche manufacturer also resulting in a successful exit and co-led the leveraged recapitalization of a successful media company, Big Outdoor Holdings.

 

Ben attended Texas Christian University and graduated from University of Texas, Dallas with a BS in Finance.

David J. Webb


David is a Partner of Caruth Capital Partners and is actively involved in all aspects of the firm’s investment activity.

David has twenty years of experience in investment banking and private equity and began his career as a management consultant.

Prior to joining Caruth Capital, David spent seven years with a middle market private equity fund where he worked with Messrs. Wilhite and Wegener and was involved in sourcing, financing and deal execution across multiple industries. He was a director of three companies and played a leadership role in two significant build ups, both of which had successful exits, through a strategic sale and IPO, respectively.

Earlier in his career, David was Managing Director of Wilshire Associates’ Private Markets Group, where he led the secondaries fund investment team. He previously was an investment banker, working in the private funds group and leveraged finance departments of leading investment banks including Montgomery Securities, DLJ and UBS.  He began his career as management consultant at Watson Wyatt.

David graduated with a BA in Economics and an  MBA from the University of Texas at Austin and earned an MA from SMU in Applied Economics. He also attended the London Business School as an exchange student.