Bruce MacRae Managing Director

Prior to joining Hastings Equity Partners, Bruce co-founded Parthenon Capital where he led numerous investments in the business services, distribution, manufacturing, and publishing sectors. Before Parthenon, Bruce was the CEO/Director of Flow Control Equipment, Inc., an oil field & gas pipeline equipment manufacturer located in Houston, Texas. While leading Flow Control, Bruce was responsible for developing and executing a strategic plan that involved M&A, an expansion of international distribution, and a reduction of manufacturing costs - all of which led to a 50% growth in revenues and nearly 4x increase of earnings in less than two years. Other professional experiences include working as a senior strategy consultant at The Parthenon Group and CSC Index (where he received the Chairman’s Technology Award), a business analyst at the BOC Group, and a development engineer at AT&T where he led the design and implementation of JIT automated manufacturing processes.

Bruce holds a BSME with honors from Worcester Polytechnic Institute and a MSIE from Purdue University. In addition, he received his M.B.A. with distinction from the University of Michigan.