We are pleased to announce that Kevin Terrasi has joined Plymouth Management Company (PMC) as
Partner effective March 1, 2013. Kevin has worked closely with PMC since our investment in Pump
Engineering Inc. (PEI) in 2008. In 2011 Kevin joined the firm as an Executive in Residence and he has
worked closely with several of the portfolio companies backed by Plymouth Venture Partners Fund II.
Kevin began his career at PEI in 1996 as a Michigan State University engineering co-op student. During
his tenure at the Monroe Michigan firm, Kevin was instrumental in developing a unique custom design
and manufacturing process utilizing state of the art computer aided software. By doing so he and the
firm’s founder, Robert Oklejas, were able to establish PEI as an industry leader in high efficiency pumps
and energy recovery equipment.
Kevin was promoted to Vice President of Engineering and a member of the Board of Directors at PEI,
where he successfully developed and executed plans that resulted in rapid growth. He was an active
member of the divestiture team that sold PEI to Energy Recovery Incorporated (Nasdaq: ERII) in 2009.
For 2 years following the sale, Kevin served as Vice President of the Turbo Machine Division at ERII.
Plymouth’s Managing Partner, Mark Horne, commented, “I’m delighted to welcome Kevin to the firm as
our newest Partner. His great instincts, experience and skills are well suited for our regional growth
stage investment strategy. As we look ahead to our own future growth plans, Kevin adds greatly to our
operational depth.” Horne added, “We’re also grateful to the Michigan Venture Capital Association and
the MEDC who jointly sponsored Kevin’s role as Executive in Residence. The EIR Program allows venture
firms like ours to retain talented executives like Kevin in the state of Michigan.”
About Plymouth Venture Partners II, L.P.
Fund II is a follow-on fund to Plymouth Venture Partners Fund I. PVP I became fully invested in 2009
after completing investments in 29 companies. Plymouth Venture Partners II invests in growth stage
companies in the Great Lakes region. For more information, please visit www.plymouthvc.com.
About Plymouth Management Company
Plymouth Management Company is the manager for Plymouth Venture Partners I and Plymouth
Venture Partners II. The company has four partners, Mark Horne, Ian Bund, Jeff Barry, and Kevin
Terrasi. It is headquartered in Ann Arbor, Michigan. For more information, please visit
www.plymouthvc.com.