M&A advisory firm appoints new CEO

Photo: Catalyst Strategic Advisors

US-based mergers and acquisitions advisory firm Catalyst Strategic Advisors has announced the promotion of Jim Reddinger to chief executive officer (CEO).

Reddinger, who is replacing outgoing CEO and founder Joe Kondrup, joined the company in 2022 following eight years with energy production and services provider Stabilis Solutions, two of which he was president and CEO. 

He also has a background in senior investment banking roles at Credit Suisse and UBS.

Kondrup, who is transitioning into the role of chairman, said, “Over the past two years, we have significantly expanded Catalyst’s coverage platform and built a world-class team of deal professionals. Jim has demonstrated passion and skill for serving our clients and leading our team. I’m excited for him to take the helm for the next phase of growth of the firm.” 

“I am also looking forward to devoting my time to industry networking and building client relationships, which are areas I truly enjoy and will provide long-term value to the firm.”

Reddinger added, “Joe has been an unrivaled presence in the rental, waste and infrastructure services sectors since he founded Catalyst. I am honored to follow in his footsteps to lead the firm through its next phase of growth.

“Catalyst will continue to be a leader in the equipment rental advisory services now with an expanded presence in the waste and environmental services, infrastructure services, and facility services sectors. We will continue to build on our track record as a trusted advisor for founders and owners interested in exploring strategic options for their business.”

Based in Colorado Springs, Catalyst Strategic Advisors has been involved in a number of high profile transactions in the equipment rental industry since being founded in 2006.

To date it has completed more than 300 deals, including with the likes of Herc Rentals, Holland Pump, Synergy Equipment and Sunbelt Rentals.