Palladium Equity Partners LLC announced the promotion of six managing directors to drive the private equity firm's growth strategy.

Chris Allen, Leon Brujis, Caleb Clark, Justin Green, Daniel Ilundain and Adam Shebitz were promoted to partner. They also joined the company's management committee, expanding its size to 11 members.

Meanwhile, investment professionals David Perez, Luis Zaldivar and Erik Scott will transition out of Palladium in 2020 to pursue other opportunities, the company said. Zaldivar will remain a senior adviser, and Scott will remain an adviser to Palladium during their transition.