April 17, 2018

Scott Leichtling Named CEO of JPW Industries

La Vergne, TN – Scott Leichtling has been named Chief Executive Officer of JPW Industries, Inc®, a Gamut Capital Management portfolio company headquartered in La Vergne, TN. He succeeds Robert Romano, who has retired and will continue to serve on the company’s Board of Directors. Romano has served as CEO of JPW since 2008.

JPW is a leading global designer, marketer and distributor of branded metalworking and woodworking equipment and specialty shop tools sold under the JET®, Powermatic®, Wilton®, Edwards® and Promac® brand names. The company has operations in six countries and sells through a network of distributor partners in markets worldwide.

Leichtling comes to JPW from Wesco International, Inc., a $7.5 billion global distributor of electrical products and services, based in Pittsburgh, PA. Most recently, he served as Group Vice President and General Manager - Integrated Supply and Manufactured Structures for Wesco, where he had global P&L responsibility $1 billion in revenue. Leichtling joined Wesco in 2006 as President and General Manager of Ladd Industries a connector distributor based in Kettering Ohio, prior to Ladd he held a number of senior executive level positions with Newark Electronics.

Romano stated: “Scott Leichtling is a seasoned executive with broad and deep experience in distribution, and he brings a strong strategic and operational background to JPW. Under his leadership, I see a bright road ahead for the company.”

Leichtling commented: “This is an especially exciting time to join JPW. The company has an outstanding partner in Gamut Capital Management, strong financial resources, highly respected brands and products, and a talented and dedicated workforce located throughout the world.”

About JPW Industries, Inc

Headquartered in La Vergne, Tennessee, JPW Industries, Inc.® manufactures and markets a wide range of machinery and equipment under the JET, Powermatic, Wilton, Edwards and Promac brands. In addition to its La Vergne headquarters, the company has operations in Switzerland, Germany, Russia, France, Taiwan, and China. It sells through a vast network of distributor partners worldwide. Visit JPW Industries at www.jpwindustries.com, JET Tools at www.jettools.com, Powermatic at www.powermatic.com, Wilton at www.wiltontools.com, Edwards at www.edwardsironworkers.com and Promac at www.promac.ch.

About Gamut Capital Management

Gamut Capital Management is a New York-based private investment firm managing $1 billion in assets focused on the middle market. Gamut was founded in 2015 by Stan Parker and Jordan Zaken who have over 35 years of combined private equity investing experience. Gamut’s senior deal professionals have executed investments in over 30 companies in North America and Europe. To learn more, please visit www.gamutcapital.com.

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For additional information, contact:

Robert Varzino
SVP Marketing and Internet
JPW Industries
615-287-5870
bvarzino@jpwindustries.com

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