Ben Chang

Ben Chang is a Managing Director at Consilium Partners LLC, a Boston-based investment banking advisory firm focused on middle-market transactions. Consilium describes its work as sector-specialized middle-market advisory, including sell-side and buy-side M&A, growth capital, recapitalizations, divestitures, acquisition financing, and strategic advisory.

Chang has more than 20 years of investment banking and private equity investment experience. Consilium states that he has completed more than 60 transactions totaling nearly $1 billion in value. Before joining Consilium, he founded and served as Managing Principal of Wellfleet Capital Partners, a healthcare-focused merchant bank that worked with management teams on control and growth-capital investments; during that period, he was a director or investor in 10 companies.

Earlier in his career, Chang was a Senior Healthcare Investment Banker at Advest, Inc., an Associate at Ferris, Baker Watts, and worked with Security Pacific Merchant Bank. He has served as a Director of MicroChem Corp., Summit Service Group, Inc., Fabreeka International, Inc., and Buyrite Designs, Inc. He is proficient in Mandarin Chinese and has been a member of the Brookline, Massachusetts School Committee.

Chang earned a B.A. in Economics and International Relations from Tufts University and an MBA in Finance from Duke University’s Fuqua School of Business. He holds FINRA Series 79 and 63 licenses.

• Chang’s current work is best characterized as middle-market investment banking advisory rather than disclosed angel investing. I found no primary-source evidence supporting the stub’s “Angel Investors” or “Seed Round” classification.
• His sector focus at Consilium is healthcare and flavor technologies, with broader experience in healthcare services, flavor technologies, business services, consumer products, and niche manufacturers and distributors.
• His prior Wellfleet Capital Partners work focused on healthcare merchant banking, specifically partnering “with management teams in making control and growth capital investments.”
• Consilium’s growth-capital service areas include growth equity, mezzanine debt, senior debt, acquisition financing, and strategic investment.
• For healthcare, Consilium highlights community-based care and services, outsourced services, healthcare IT, managed care, medical devices, research tools and technologies, and contract design and manufacturing.
• For flavor technology, Consilium highlights sweet and savory flavors, spices and seasoning, stocks and soups, and coatings, sauces, and marinades.