NMS Capital Announces Establishment of Business Development Role with Appointment of William Gonzalez as Group Head

New York, NY, June 15, 2026 - NMS Capital ("NMS"), a leading lower middle market private equity firm focused on investments in Business Services and Healthcare Services, today announced the appointment of William "Billy" Gonzalez as Managing Director & Head of Business Development. This represents a new position at NMS and comes as the firm achieves the milestone of $2 billion AUM.

Mr. Gonzalez brings deep expertise in private equity business development, most recently serving as Managing Director & Head of Business Development at BDT & MSD Partners. Prior to that, he was a Managing Director in the Business Development Group at Audax Private Equity, where he spent 10 years scaling the firm's origination efforts, resulting in execution rates of 10+ new platforms and 100+ add-on acquisitions, annually, by the time of his departure.

Mr. Gonzalez began his career in finance at Goldman Sachs, in its Healthcare Investment Banking Group before joining the firm's Merchant Bank, where he worked alongside NMS Co-Founders Martin Chavez and Kevin Jordan, executing private equity investments there, and then at Sterling Partners, before dedicating his career to business development. Mr. Gonzalez holds a J.D. from Harvard Law School, an M.B.A. from Harvard Business School and a B.S. from Duke University.

"I'm excited to reunite with old friends and colleagues at NMS," said Mr. Gonzalez. "I've followed the firm's growth over the last 15 years and have been consistently impressed by the discipline of their approach in two markets I know well. I'm eager to drive deal flow and help grow the NMS platform."

The arrival of Mr. Gonzalez will complement NMS' strength in proprietary deal sourcing - approximately half of all new platforms have been sourced directly, outside of any auction process, and always within a dedicated investment theme. Historically, NMS has completed two to three new platforms and 10 to 20 add-ons annually. The addition of a dedicated business development function is intended to leverage Mr. Gonzalez's experience and extensive relationships in order to scale that sourcing platform and enhance capital deployment.

"As we've grown, we've invested in refining every aspect of how we source, execute, and create value," said Martin Chavez and Kevin Jordan, Co-Managing Partners. "Reuniting with Billy to build a dedicated business development function is a natural extension of that commitment. Paired with our Portfolio Operations Group, it strengthens our ability to identify and onboard new platforms to drive the kind of transformational change that defines our approach."

About NMS Capital:
Founded in 2010, NMS Capital is an experienced private equity firm managing assets in excess of $2.0 billion. Since inception, NMS has partnered with management teams in over 150 investments and follow-on acquisitions across defined investment themes within the Business Services and Healthcare Services industries. The firm's principal strategy is to create long-term value by providing strategic and operational resources to growth-oriented companies led by founders or experienced management teams. NMS has successfully built industry leading lower middle market companies in defensible and scalable end markets by accelerating organic and acquisition-driven growth.

For additional information on NMS, please visit the firm's website at https://www.nms-capital.com. Follow NMS Capital on https://www.linkedin.com/company/nms-capital.