FIP Welcomes Jim Foley as CFO of Spartan Tool Supply and Firm Partner

Foundation Investment Partners (FIP) is excited to announce the appointment of Jim Foley as Chief Financial Officer (CFO) of its portfolio company, Spartan Tool Supply, and as Partner at FIP. With over 20 years of distinguished financial leadership and investment experience, Jim brings a wealth of expertise to FIP.

Jim will be instrumental in driving Spartan’s acquisition strategy, overseeing the continued scaling of the business. Since joining the organization, he has already played a key role in successfully completing an add-on acquisition, positioning Spartan for accelerated growth and long-term success.

Before joining FIP, Jim was a partner at Kirtland Capital Partners, where he was actively involved in portfolio management, deal origination, due diligence, and the successful execution of investments and exits. His prior experience at PricewaterhouseCoopers and KeyBank, allowed him to hone his expertise in financial strategy and corporate development.

“We are thrilled to welcome Jim to both FIP and Spartan Tool Supply,” said David Wood, Founder & Managing Partner at FIP. “His proven track record in financial management, acquisitions, and strategic growth makes him an invaluable addition to our team as we continue to expand Spartan’s footprint in the industry.”