PEP Portfolio Company Creative Tent International Announce Appointment of New CEO
May 2022 – Progress Equity Partners is excited to announce the appointment of Jake Furbee as the Chief Executive Officer of its portfolio company Creative Tent International, LLC (“Creative Tent” or “CTI”). Jake joins the company as an additional executive to work collaboratively with Chris McLemore, Chief Operating Officer, and the existing employees at Creative Tent.
Jake brings deep knowledge and experience within the military and Department of Defense marketplaces, having previously held leadership and business development positions with various companies in the expeditionary shelter, survivability, and military shelter support equipment markets. Jake began his career serving eight years in the United States Marine Corps.
“Jake’s background and proven track record within the military logistics support sector aligns perfectly with CTI,” said Carolina Hensley, Principal at Progress Equity Partners. “We are excited to welcome Jake and believe his extensive expertise will be instrumental in advancing CTI’s market position and long-term growth strategy.”
In the collaborative effort to build an industry leading organization, the addition of Jake to the CEO position will champion the company’s continued professional development and guide the company’s accelerated sales and service strategies around long-term military contracts, opportunistic military sales, and commercial shelter markets.
“I am very excited to be joining CTI. I have admired their best-in-class shelter products for many years,” Jake said, further adding “from the outset of meeting the principals of Progress Equity, I quickly realized our shared value of integrity and vision for collaboration in building world-class businesses would result in a great partnership and bright future for CTI.”
About Creative Tent International
Headquartered in Henderson, NV, Creative Tent International, is a leading designer and manufacturer of highly engineered modular soft-wall structures and expeditionary shelters deployable for a wide range of military and commercial applications, including aircraft and vehicle maintenance facilities, warehouses, disaster relief centers, hospitality, sports pavilions, and other applications. CTI has deployed more than 10,000 turnkey shelter systems in over 60 countries and prides itself on best-in-class design, manufacturing excellence, and installation and maintenance services.
For more information, visit www.creativetent.us
About Progress Equity Partners
Progress Equity is a private investment firm that partners with lower middle market companies in a variety of industries. Our principals have been investing together in the private equity market for more than 25 years and have been a highly regarded investment partner to entrepreneurs, providing them the opportunity to gain liquidity while partnering with us to transition their businesses for future growth.
For more information, visit www.ProgressEquity.com
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