Cleveland, OH, August 7, 2019 – Edgewater Capital Partners (“Edgewater”), the performance materials focused private equity firm, announced today that Sarita Gavhane has joined the firm as a Vice President. She joins the investment team and will be responsible for identifying and developing key investment themes for new investment opportunities, transaction execution, and supporting the management teams of Edgewater’s portfolio in developing strategic growth initiatives. The addition of Ms. Gavhane follows Edgewater’s closing of its most recent fund, ECP IV, at $185 million.

Prior to joining Edgewater, Ms. Gavhane was a Vice President at Canal Holdings, LLC, a lower middle-market junior capital firm, where she was responsible for originating investment opportunities, investment execution and portfolio company oversight in a variety of industries. Prior to Canal, Ms. Gavhane worked in boutique investment banking in the Boston area as well as within the assurance practice of a large multi-national accounting firm. Ms. Gavhane holds a bachelor’s degree from Boston College and an MBA from The University of Chicago Booth School of Business. Ms. Gavhane also maintains a CPA license in the State of Ohio.

Bob Girton, Partner at Edgewater, commented, “Sarita brings a wide range of skills and experience that are highly complementary to our firm. Her focus on deal evaluation and execution will enhance Edgewater’s approach to complex transactions within the performance materials market. We’re excited to have her join the Edgewater team!”

Sarita added, “Becoming part of the Edgewater family is a wonderful opportunity. The firm’s approach to identifying strategic market niches, executing on strong investment opportunities, and a reputation as a disciplined, supportive investment partner enables it to bring significant value to its management teams and investors alike.”

About Edgewater Capital Partners

Edgewater is a Cleveland based, sector-focused private equity firm making investments in middle and lower middle-market performance materials businesses, specifically specialty chemicals, life sciences, and engineered components and materials verticals. For additional information on Edgewater, visit the firm’s website at or email at