NEW YORK, N.Y., January 8, 2019-- CIP Capital, a leading middle-market, sector focused private equity firm, has announced a Vice President promotion and the addition of a new Principal to its senior investment team. This follows an active 2018 for CIP Capital with three new platform investments, the exit of OnCourse Learning and the completion of 10 add-on acquisitions across the portfolio. Kevin Formica has been promoted to Vice President. Kevin joined CIP capital in 2014 and has been instrumental in helping to manage CIP Capital’s investments in eDriving, Affinitiv and FrontSteps.