Power Electronics Executive to Leverage Experience Rapidly Growing Public and Private Companies
ERP Power LLC (ERP), a leading provider of small, smart and connected LED drivers for the lighting industry, today announced the appointment of Jeffrey Frank as Chief Executive Officer. Mr. Frank previously served on the ERP Power Board of Directors, and most recently as ERP's Chief Commercial Officer. ERP co-founder Michael Archer will focus on his role as Chief Technology Officer while transferring his CEO duties to Mr. Frank.
"Jeff Frank is passionate about building high performance teams to accelerate growth," said Michael Archer, co-founder and CTO of ERP Power. "I'm confident Jeff and our commercial team members will unlock countless new customer design win opportunities and expand our relationships with existing customers."
"Jeff Frank is an energetic leader known for his proven ability to develop commercial strategies to grow market share and improve the bottom-line," said Timothy Meyer, co-founder and managing partner of Angeles Equity Partners and ERP Power Chairman of the Board. "Jeff is a great complement to Michael and the ERP leadership team. We look forward to partnering with Jeff to achieve the full potential of this pure play LED driver business."
ERP Power LED driver products are rooted in the expertise of ERP co-founder and CTO Michael Archer who changed the computing industry by designing ever-smaller power electronics for notebooks, desktops and servers for companies like Apple, Dell, HP and IBM. Today, ERP is focused on powering the Internet of Lights with the world's smallest indoor and outdoor LED drivers featuring tri-mode dimming, intelligent controls, wireless mesh connectivity and programmable outputs to save energy, time and money.
Mr. Frank will leverage his 30+ years of experience in the power electronics industry serving in CEO and sales leadership roles to help ERP refine its strategic direction; leverage an interoperable ecosystem of connected lighting products; expand opportunities in commercial and industrial LED lighting end markets; and accelerate follow-on M&A activity.
"I am honored to lead the ERP team and partner with Angeles Equity Partners to accelerate organic growth and explore acquisition opportunities," said Jeffrey Frank, CEO of ERP Power. "ERP's industry-leading combination of compact size, extensive dimmer compatibility, and high efficiency at competitive cost ensures there is no longer a need to compromise the creative style or capabilities of new lighting fixture designs."
Prior to joining ERP Power, Jeffrey Frank served in senior executive roles at GE Power Electronics, Lineage Power, Cherokee International, Lambda LEI, and Deltec Electronics. Jeff was instrumental in the successful turnaround of the OEM business at Lineage Power, which was acquired by GE Energy. Mr. Frank led Cherokee International as CEO during its initial public offering in 2004, and was responsible for the company's strategic decision to expand its manufacturing footprint in Shanghai, China. Jeffrey Frank earned a masters in marketing from Webster University and bachelor of science degree in business from Carroll University.
About ERP Power
Established in 2004, ERP designs and manufactures small, smart and connected LED driver power electronics for architectural, commercial and industrial lighting applications. Powerful ERP products deliver an industry-leading combination of compact size, extensive dimmer compatibility, wireless controls, programmable output, and high efficiency at competitive cost. Headquartered in Moorpark, CA, ERP owns and operates its own ISO 9001 certified manufacturing facility to ensure quality of design, sourcing, production and testing. Learn more online at www.erp-power.com or by emailing SaveEnergy@erp-power.com.
About Angeles Equity Partners, LLC
Angeles Equity Partners is a private equity firm that invests in companies across a wide range of sectors and specifically targets businesses which it believes can directly benefit from the firm's capabilities in operational transformation and strategic repositioning. This skill set drives the firm's investment philosophy and, in its view, can help underperforming businesses reach their full potential. Learn more online at www.angelesequity.com.