About
Our Story
……………………………………………………………………………
Encore One was born out of several decades of family business heritage.
Established in 1999 to diversify our related family business capital through direct private investment, we are focused
on acquiring and preserving the legacy of outstanding middle-market businesses across the United States.
Core Values
Operate with uncompromising integrity.
Strive to provide the highest quality service and value to our companies.
Care deeply about the employees of our companies and the communities in which our companies do business.
Foster a supportive, team-oriented culture where people are treated with respect.
Our Team
Craig Flom
President & CEO
Craig directs the activities of Encore One. He is a board member of each of Encore One’s portfolio companies and works with the management teams of those companies. Craig is also the President of Fidelity Holding Company and the Chairman of Fidelity Bank, as well as a director of various entities involved in commercial real estate development and construction. He played a central role in the acquisition of each of Encore One’s portfolio companies and Fidelity Bank.
Craig has more than 35 years of business experience encompassing private equity investing, investment banking, management consulting, and commercial banking. Prior to joining Encore One in 2001, Craig was an investment banker with Robert W. Baird & Co. Incorporated and Piper Jaffray Inc., serving middle-market clients. Previously, he was a management consultant with Deloitte & Touche and a commercial banker with The First National Bank of Chicago. Craig earned a Master of Business Administration degree, with distinction, from the Kellogg School of Management at Northwestern University and graduated, with highest distinction and Phi Beta Kappa, from Northwestern University with a Bachelor of Arts degree in Economics.
Paul Moffatt
Vice President
Paul is responsible for sourcing and evaluating potential investments, structuring and negotiating transactions, and working with portfolio companies.
Paul has spent his entire career serving the middle market. Prior to joining Encore One in 2017, Paul enjoyed a successful 16-year career in commercial banking, most recently as a Vice President in the Twin Cities Commercial Banking Group at U.S. Bank. Prior to joining U.S. Bank in the Twin Cities, Paul held similar roles at LaSalle Bank, Cole Taylor Bank and MB Financial in Chicago.
Paul has helped advise and fund over 100 companies, in various stages of development with a wide range of transactions and special situations. Paul graduated from Marquette University with a BS in Finance and minor in Political Science. He received his MBA from the Kellstadt School of Business at DePaul University. Paul lives with his wife and two children in Saint Paul, Minnesota.
Simon Beck
Senior Associate
Simon is actively involved in the sourcing, evaluation and execution of potential transactions as well as ongoing monitoring of current Encore One investments.
Previous to Encore One, Simon worked at Goldner Hawn, a Minneapolis-based lower middle market private equity firm focused on assisting founder-held businesses accelerate growth and position for the future, and Northwestern Mutual Capital, the private securities investment department of the Northwestern Mutual Life Insurance Company, where he assisted in underwriting financing solutions for sponsor-backed transactions.
Simon graduated from University of Minnesota Carlson School of Management with a BS in Finance and is Chartered Financial Analyst charterholder.
Let’s Get Started
……………………………………………………………………………
