Andrew Towle

General Partner

Andrew Towle has spent his professional life creating value for a diverse range of businesses within some of the world’s best-known consumer products companies. He started his career at Procter & Gamble and spent 15 years climbing the ranks in marketing assignments around the world. This included food brands such as Pringles, Duncan Hines and Crisco. Andrew launched Pringles into Japan and the rest of Asia, building it into a $150M business in the mid 1990s. He ran the $400M Duncan Hines business leading up to the sale of this brand to Aurora Foods in 1997. Crisco was later sold to Smucker’s for a 9x EBITDA multiple. In 2003, he then joined HJ Heinz where he led the $700M Condiments & Sauces business for the US, including the iconic Heinz Ketchup business, before becoming the global marketing officer. In this role, Andrew led efforts to build Heinz’s marketing capability, relaunched innovation/R&D, establish a global strategy for health & wellness and revamp Heinz’s global infant nutrition business. He also led the marketing due diligence work for the acquisition of HP Foods (from Danone) in 2006. In 2007, Andrew then moved to Georgia Pacific to as the general manager of the $2.8B consumer bath tissue business. This included both branded and private label offerings. Following 5 years of outstanding results (profit results averaged 50+% higher vs. previous 5 years average), Andrew joined the Kellogg Company to become the managing director for their $300M Australia & New Zealand business. Following a thorough strategic, consumer and competitive assessment, Andrew led the efforts to rebuild the business with particular focus on nutrition, innovation and aggressive cost control. In 2016 after returning to the US, Andrew became the CEO of Urnex brands, the global market leader in servicing the equipment cleaning needs of the world’s coffee industry. This PE owned company was sold in 2017.

Andrew is a wine and food enthusiast, cooks, plays piano, gardens and stays fit as a rower, cyclist and skier. When he’s not playing with his wife and kids, he is an avid fan of the Boston sports teams.