Investment Criteria

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Our team members have experience operating and managing businesses.

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J.A. Lacy serves as the Board Chair and Chief Executive Officer of LDI, Ltd. an Indianapolis-based family office.  LDI’s current portfolio includes OIA Global, a third-party logistics provider, Polygon, a manufacturer of composite components used in construction, agriculture, medical device and municipal utility end markets, and Acme Barricades a highway safety and traffic control services supplier.

Lacy is a director at Citizens Energy Group, a broad-based utility providing natural gas, water and wastewater services to central Indiana residents, and Sanitary Solutions a distributor of values, fittings and tubes for the commercial bakery and food processing industries. Past board roles include M/G Transport, Andrie LLC, UltiMed, Motorsports Aftermarket Group, FinishMaster and Telamon Corporation.

He also currently serves on the Central Indiana Corporate Partnership and Christ Church Cathedral Foundation boards and has served on boards at the Central Indiana Community Foundation, Central Indiana United Way, YMCA, Teach for America – Indianapolis, Downtown Indy, and Women’s Fund.

Lacy earned a Master of Business Administration degree from the University of Chicago Booth School of Business and holds a Bachelor of Arts degree from the University of Notre Dame.  

Brad Kelsheimer serves as Chief Financial Officer of LDI providing oversight of the finance, accounting, financial reporting, treasury, taxes and risk management functions.  He also works with the finance teams of LDI operating companies to evaluate operational investments to improve and accelerate performance. 

Brad joined LDI with more than 25 years of financial, operational and investment experience.  Most recently, Brad served the Lumina Foundation as Chief Financial Officer where he oversaw the foundation’s investment portfolio and all other financial operations.  He started his career in public accounting at PwC and later served in various finance and operations roles at an NYSE-listed manufacturer and distributor of consumer products.  

Brad earned a bachelor’s degree in accounting from the University of Illinois and a master’s in strategic management from Indiana University and holds Certified Public Accountant and Lean Six Sigma Green Belt designations.    

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John Martin leads LDI’s acquisition and development activities as Chief Investment Officer. He joined LDI in 2013 and is responsible for initiating platform investment opportunities, structuring and negotiating transactions, supervising due diligence and supporting the strategic acquisition efforts of LDI operating companies. John has over fifteen years of M&A experience. 

John previously worked at Mason Wells, where he supported the firm’s investment activities and worked with portfolio company management teams to achieve value creation objectives. He began his career in the investment banking group of Robert W. Baird & Co. focusing on buy-side and sell-side M&A advisory assignments. 

John earned his MBA from Indiana University and a B.S. in finance from the University of Illinois. He serves on the Board of KIPP Indy Public Schools and on the Board of the Indiana Chamber of Commerce.

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Amelia Patel serves as Chief of Staff at LDI, managing internal operations, corporate governance, investor relations, and human resource responsibilities while also providing oversight for office administrative functions.

Amelia previously worked at Teach For America, a national education non-profit, where she supported the organization’s summer training, finance, and strategy activities. She began her career as a Teach For America corps member, teaching elementary and middle school in Chicago’s North Lawndale neighborhood.

Amelia graduated magna cum laude from Arizona State University with a B.A. in political science and minors in international relations and Spanish, and holds an M.A.T. from Dominican University. She serves on the Board of Directors of St. Nicholas Early Learning, a local early childhood education center with a mission to serve a racially and socio-economically diverse student population. Amelia lives in Indianapolis with her husband and two children.

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Tyler Brazill serves as Corporate Controller of LDI and is responsible for directing LDI’s accounting, financial reporting, treasury, and risk management activities.

Tyler joined LDI with multiple years of experience as VP of Finance and Controller, overseeing accounting departments and overhauling internal processes of manufacturing, distribution, and service companies. Tyler also brings five years of experience as an auditor at BKD with their commercial team on engagements in the manufacturing, distribution, and private equity sectors.

Tyler is a Certified Public Accountant who graduated from Indiana University’s Kelly School of Business with a B.S. in Accounting. He serves on the Bishop Chatard Alumni Board. In his free time, he enjoys traveling and playing intramural sports. Tyler resides in Indianapolis with his wife and son.

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With over 10 years of finance experience, Andrew is primarily responsible for building new investment deal flow and evaluating potential acquisitions and strategic investments to support LDI’s investment goals. 

Prior to joining LDI, Andrew served as Finance Director at Intel Corp, where he supported the P&L and investment portfolio of Intel’s networking & edge computing group. Andrew held a leadership position on Intel’s Pipeline & Performance Team in Arizona, where he focused on fostering robust and rewarding career development for the Intel financial analyst community.  He has also held a variety of finance roles across different sectors including manufacturing, government & healthcare.

Andrew graduated from the University of Indianapolis with a B.A. and holds an M.B.A. from Indiana University.  He serves on the Board of ACG Indiana.

Andrew currently resides in Westfield, IN with his wife and two golden retrievers. In his free time, Andrew enjoys reading, working out, rooting for IU basketball, and playing very mediocre golf.

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As Director of Strategy & Operations at LDI, Alex Kortepeter leads value creation initiatives across the portfolio. In his role, he works closely with company leadership to drive growth strategy, accelerate transformation initiatives, and develop best-in-class operations. 

Alex previously served as an operating partner at Ten Oaks Group, spearheading the firm’s commercial practice while leading marketing & sales initiatives. He began his career in consulting with the Boston Consulting Group and Deloitte, specializing in healthcare and financial growth initiatives.

Alex graduated from Purdue University with a B.S. in Industrial Engineering and lives in Indianapolis, IN. In his free time, he enjoys backpacking, mountain biking, and ballroom dancing.

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Kyle Krieger leads data & analytics engagements and value creation initiatives across the LDI portfolio as Manager of Strategy & Operations. He also works closely with the Corporate Development team on due diligence for platform and add-on acquisitions. Prior to LDI, Kyle worked in the data & analytics practice for a technology consulting firm. There, he led projects that focused on moving clients to modern data stacks while transforming their reporting. Kyle is an alum of Orr Fellowship and United Way of Central Indiana Leadership United.

Kyle graduated from Indiana University with a B.S. in Finance. He is a board member for Starfish Initiative and the Indianapolis Cultural Trail Young Professional Board. He likes to stay active by running, skiing out west, playing pickleball, and walking his goldendoodle.

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Quinn Shanahan is a business analyst providing data analysis and project planning support to LDI portfolio companies.

Prior to joining LDI, Quinn worked at VC firm Pappas Capital developing analyses of China, Hong Kong, and Singapore innovation ecosystems that informed the Asia Innovation Ventures (AIV) fund’s regional strategy. Quinn also interned with Foundation Healthcare, a specialty medicine healthcare platform company in Singapore, assisting Operations on a range of research projects.

Quinn received a B.S. in International Business from Butler University with a minor in Mandarin Chinese language. She enjoys café-hopping and running in Eagle Creek Park. 

Juan Pablo Ballen is a Strategy & Operations Manager with experience in data analytics, business intelligence, and strategic planning. Prior to joining LDI, he served as a Business Intelligence Analyst at Keo World, where he implemented Power BI solutions and supported go-to-market strategies for new financial products. He began his career with Consultoría Organizacional, delivering data analytics solutions for clients in the financial and energy sectors.

He holds an MBA from Indiana University’s Kelley School of Business and a B.S. in Industrial Engineering from Pontificia Universidad Javeriana, where he specialized in quantitative methods and Production. Originally from Colombia, he is an avid soccer fan. 

Jane Wilson serves as the Senior Tax Manager. She joined LDI in 1998 and is responsible for all income tax filings and reporting as well as providing support to all LDI entities in a variety of tax matters.

Jane graduated from the University of Indianapolis with a bachelor’s degree in accounting. She is a CPA and a member of Tax Executives Institute, the Indiana CPA Society and the AICPA.

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Katie Krisch is our Tax Manager for LDI. As the tax manager, she is responsible for the assisting the senior tax manager with all income tax compliance and reporting standards as well as providing creative income tax solutions.

Katie joined LDI with more than 6 years of public accounting experience. During her time in public accounting, she specialized in corporate income tax compliance and consulting.

Katie graduated from Saint Joseph’s College with a bachelor’s degree in accounting. She is a CPA, a member of the Indiana CPA Society, and the AICPA.

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Iram Ahmad is a Staff Accountant at LDI, where she contributes to the firm’s tax operations by assisting in the preparation and review of tax returns. She joined LDI bringing two years of public accounting experience, having the most experience in rental real estate and affordable housing.

Iram holds both a bachelor’s and a master’s degree in accounting from Kennesaw State University in Georgia. Her academic preparation, combined with her professional experience, supports her commitment to delivering accurate, timely, and detail-oriented work.

Outside of her professional responsibilities, Iram enjoys reading thrillers, cooking different cuisines with her husband, spending time with her family, and visiting local coffee shops throughout Indiana and Carmel.

Aaronette Brinkmoeller serves as the Senior Executive Administrator at LDI, where she partners with the company’s executive team to deliver strategic value. Aaronette is known for her ability to anticipate needs, develop creative solutions, and leverage technology to streamline administrative systems.

With over a decade of experience supporting C-Suite executives, Aaronette has held pivotal roles at leading organizations, including Anthem Inc. (now Elevance), Renaissance Benefits, Emmis Communications, and the American Legion Auxiliary. She has successfully led initiatives to optimize workflows, enhance team productivity, and deliver impactful results.

Aaronette holds a double Bachelor of Arts in Sculpture and Ceramics from Indiana University’s Herron School of Art, where her creative vision and technical skill were cultivated. She enjoys volunteering, artistic endeavors such as welding, ceramics, and painting. Beyond her professional pursuits, she lives in Carmel, Indiana, with her husband, their three children, and their Bernedoodle.

Kim serves as the Human Resource Associate and Office Manager for LDI, assisting with daily operations and human resources administrative responsibilities. She’s been with LDI since 2003.

Kim is a United States Marine Corps Veteran and served active duty from 1988-1992. An avid equestrian, Kim is passionate about horses and helping veterans with disabilities through equestrian activities.

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Ila Barshilia is a data science and program management professional with 8+ years of experience driving business optimization through advanced analytics, automation, and cross-functional leadership. She has led major initiatives in machine learning, big data, and business intelligence—delivering multimillion-dollar savings, significant efficiency gains, and enterprise-level process improvements. Ila holds an AMPBA from the Indian School of Business and an M.Tech from IIT Kanpur, and is recognized for her strong collaboration, problem-solving, and execution capabilities.

Aman Brar has an extensive background in leading technology companies through periods of high growth, M&A, and integration. In 2017, Mr. Brar founded Canvas, the world’s first text-based interviewing software. The startup was acquired by Jobvite sixteen months after launch. Subsequently, Mr. Brar led Jobvite as CEO and Board Member while integrating a variety of related recruiting technology companies. As former President of Apparatus, Mr. Brar led the company through a strategic acquisition by publicly traded Virtusa, where he then led the global infrastructure business unit. 

Mr. Brar currently advises start-up and growth technology companies and serves as General Partner at Ground Game, the venture capital firm he co-founded. Additionally, Mr. Brar currently serves as Trustee at Wabash College. He is the Board Chair for Teach for America Indianapolis and is the TechPoint Executive Committee. Mr. Brar also serves on the boards of CICP and the Orr Fellowship.

Melina Kennedy is currently the CEO of the Central Indiana Corporate Partnership (CICP), which is a collaboration of CEOs from major corporations, foundations, and universities dedicated to advancing inclusive prosperity through strategic initiatives and investments in Indiana. 

With over 25 years of experience in law, government, and business, Melina previously spent eleven years at Cummins Inc., serving as Vice President of Product Compliance and Regulatory Affairs, as well as business leadership roles in the Engine and Power Systems businesses. Melina was also an attorney at the law firm of Baker and Daniels LLP, and from 2000-2005 served as Deputy Mayor and Director of Economic Development for the City of Indianapolis. 

Active in the Indianapolis community, Melina was president of the Capital Improvement Board of managers for seven years, which oversees the ownership and operations of Indiana’s professional sporting and convention facilities. Melina currently serves on the boards of the National Bank of Indianapolis, Indiana University Academic Medical Center, and chairs the 16 Tech Innovation district. 

Melina holds B.S., M.S., and J.D. degrees from Indiana University-Bloomington. 

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Steve Cobb is a Senior Partner at CID Capital, where he brings over two decades of private equity investment experience to support both the firm’s investment team and its portfolio companies. Since joining CID in 2001, Steve has played a key role in shaping the growth and development of the firm, serving as a mentor to emerging talent and as a strategic advisor to leadership teams across multiple funds. Most recently, he served as the Managing Partner of CID where he led the firm through a period of expansion in assets under management, investment team and portfolio.  Steve has served as chairman of numerous private company boards where he works closely with management and fellow board members to help guide long-term strategy and drive sustained growth. His collaborative leadership style and deep operational insight have made him a valued partner across a wide range of industries and investments. Steve also currently serves as an independent trustee of an insurance trust within Lincoln Financial, where he is currently the chairman of the investment committee. Before entering the private equity industry, Steve held finance roles at Procter & Gamble, contributing to the growth of the company’s U.S. laundry business as part of a high-performing, cross-functional team. Steve earned his MBA from Harvard Business School and holds a BA from DePauw University.

Michael L. Smith served as Executive Vice President and Chief Financial Officer (CFO) of Anthem, Inc. and its subsidiaries, Anthem Blue Cross and Blue Shield from April 1999 until his retirement in January 2005. He joined Anthem in 1996 as Chief Operating Officer of a subsidiary, American Health Network.

 

Prior to joining Anthem, Mike was Chairman, President and Chief Executive Officer of Mayflower Group, Inc from 1989 to 1995. Mayflower operated a worldwide relocation service and provided school and public passenger transportation in 30 states. He held various other management positions at Mayflower from 1974 to 1989. He started his business career in the Indianapolis office of Arthur Andersen & Co. following his graduation from DePauw University in 1970.

 

Mike has served on the boards of several public companies including Envision Healthcare Holdings, Inc., Vectren Corporation, Kite Realty Group, Calumet Specialty Products Partners, LP, First Indiana Corporation and GoHealth, Inc. He is currently the Chairman of LDI, Ltd, LLC and a director of several private and public health services companies including Agilon Health, Drive Medical and Carestream Health, Inc. he is also a member of the board of Penske Entertainment.

 

Mike has also served as a director of several charitable and civic organizations. Currently he serves on the Board of Trustees of DePauw University, Riley Children’s Foundation, and the Christian Theological Seminary. Mike is a founding member and advisor to Cardinal Equity Fund, a mid-market private equity investment fund headquartered in Indianapolis, Indiana.

Robert V. Baumgartner joined Center for Diagnostic Imaging, Inc (CDI) in 2001 and, as chief executive officer, led the organization through a period of growth resulting in the addition of more than 35 new partnerships. He is a past director and past chairman of the Association for Quality Imaging (AQI), a national, industry advocacy group. 

Prior to joining CDI, Mr. Baumgartner held the positions of chief executive officer and board member of American Coating International, president and chief executive officer of First Solar, president of Apogee Auto Glass Group and other executive positions. He currently serves as Chairman of the Board at Bio-Techne Inc. and serves as Chairman of the Board of United Theranostics, LLC. Mr. Baumgartner holds a B.B.A. from Notre Dame and is a CPA.

Brett Bissell has over 20 years of experience in logistics and manufacturing services and has held various executive roles with extensive experience in Brazil, Japan and Europe. Most recently, Brett was the CEO of Lasership where he helped lead the company’s expansion across the eastern United States. Prior to that position, Brett served as COO of Contract Logistics for global logistics leader, CEVA Logistics as well as leadership roles in Japan and Brazil for Flextronics.

 

Brett holds a Bachelor’s degree in Electrical Engineering from Union College as well as Masters degrees in Electrical Engineering and Business Administration from the Massachusetts Institute of Technology.

Michael Crafton is an entrepreneur, advisor, and builder who has spent two decades creating enterprise value through technology, culture, and disciplined execution. He is the founder of 323 Ocean, a strategic advisory firm helping executives and investors unlock growth, and Flex Alpha, a strategic investment firm focused on small to mid-market businesses. Michael specializes in deploying AI, automation, and emerging technology to accelerate growth and create enterprise value.

Michael is best known for founding what became Nelbud Services Group in 2005 with $800 and a pickup truck, growing it into the largest NFPA 96 fire and life safety platform in the United States with more than 20 locations serving over 40,000 customer locations annually. His strategic vision drove three successful exits, nine acquisitions, and a seven-time Distinguished Top Workplace award.

Michael serves on the boards of Polygon Composites, Freije Engineered Solutions, Lushin and Associates, and YPO Indiana, where he served as Chapter Chair. He holds a B.S. in Business from Indiana University’s Kelley School of Business.

Bob Millard is a leader in financial operations for publicly traded, privately held, and holding company environments across multiple industries. To date, Bob has been involved with the completion of 50+ acquisitions and the sale of multiple enterprises, including two public companies to strategic buyers. He is recognized for his consistent ability to optimize capital structures, build effective infrastructure, leverage technology, implement sound internal controls, and engage key stakeholders. 

Bob previously served as CFO at FinishMaster, Angie’s List, Go Health, T2 Systems and Personnel Management. Over the last ten years, Bob has been an investor and operating partner in high growth entrepreneurial ventures focused on the skilled trade, staffing, public safety, and technology sectors. 

Bob earned a bachelor’s degree at DePauw University and an MBA at Indiana University.

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Bobby Stein is President of The Regency Group, a family holding company. He has founded the successful investment and
growth of many businesses in a wide variety of industry sectors including water, sewer and waste management, real estate, oil
and gas, mortgage services, highway safety, technology, food services, and healthcare.
Bobby is a board member of Kerrco Inc. (a Houston based oil and gas company), SDS (Pizza Hut franchisee), ACME (highway
safety business), TL Canon (Applebee’s franchisee), and Welltality (healthcare solutions provider).
He currently serves as Board Chairman of The Better Angels Society (Ken Burns foundation), and most recently as Chairman of
Jacksonville Electric Authority (JEA) Board of Directors.
Past gubernatorial appointments include member of the President’s Intelligence Advisory Board, former Chairman of the
Defense Business Board, and ex-official member of the Defense Policy Board and the Defense Science Board. Bobby serves as a
member of the United States Naval Academy Board of Visitors.

Jeffery Barrie has a reputation for transformational leadership within the logistics industry. He has refined his leadership through thirty years of experience in collaboration, empowerment, and performance with diverse, global teams. As OIA Global’s Chief Executive Officer, Mr. Barrie provides inspired leadership and strategic direction with a focus on operational excellence, digitization, and high customer satisfaction.

Originally from the U.K., Mr. Barrie graduated from Stephen F. Austin State University in Texas, with a Bachelor of Business Administration. He began his career at Air Express International and BAX Global and ultimately held several leadership positions at DB Schenker. Previously, Mr. Barrie was DB Schenker’s Chief Executive Officer, USA.

As CEO of Acme Barricades since 2005, Christian Cummings, has overseen much of the company’s remarkable growth and success. A proud graduate of the University of Florida, Christian’s inspiration to pursue a career in the road building industry came from his father, a well-known and highly respected civil construction attorney. 

In January 2003, after receiving his Bachelor of Science degree in Building Construction, Christian joined Acme where he learned the business from the ground up while performing multiple roles in the company. Just two years later, Christian was named CEO and Managing Partner. At the time, Acme was a modest company with 2 locations and approximately 20 employees.  Under Christian’s leadership, Acme has since experienced impressive growth and now stands as one of the most respected companies in the Highway Safety industry employing nearly 500 associates throughout its 15 offices.

Christian resides in Jacksonville, FL where he is an avid outdoor and sports enthusiast. He enjoys traveling and boating, but above all, Christian loves spending time with his wife Angela and raising their four children.  

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Jimmy Rayford is a private equity-backed Chief Executive Officer with a proven track record of scaling mid-market businesses, executing M&A, and driving EBITDA expansion. As CEO of Dealers Wholesale, he has led 65% total revenue growth and 220% EBITDA expansion while executing multiple acquisitions to accelerate market share and operational synergies. Prior to Dealers Wholesale, Jimmy held senior leadership roles at Strategic Materials, Belden, and Danaher, where he led M&A transactions exceeding $300M, optimized supply chains, and drove commercial growth strategies. A results-oriented leader, he excels in strategic planning, talent acquisition, and operational execution to position companies for long-term value creation. His expertise in building high-performance teams and implementing scalable growth frameworks has earned him recognition as a culture-driven CEO, with Dealers Wholesale being named a Best Place to Work in Indiana in 2024 and 2025. Jimmy holds an MBA from the University of Notre Dame, where he graduated as Valedictorian, and a BS in Industrial Engineering from Clemson University.