Arlington, Va.-based Ascend, backed by private equity firm Alpine Investors, announces Nishaad Ruparel as president, signaling a key expansion move for the company.
Ruparel’s appointment highlights Ascend’s rapid growth since its January 2023 launch. The company aims to attract entrepreneurial firms nationwide to its modern growth platform, recently surpassing $100 million in revenue. Ruparel brings a wealth of experience from Alpine Investors and AEA Investors in New York.
Ruparel stated, “We’re reshaping the industry’s future, with Alpine Investors and progressive firms on board, Ascend leads in transformative change.”
Ruparel’s leadership, coupled with Ascend’s executive team, led by David Wurtzbacher and Erin Stahmer, underscores the impact of growth capital. His appointment signifies Ascend’s dedication to innovation and industry leadership, positioning the company for continued success.