Presstek CEO, Sparsh Bhargava passes away

According to a report in a trade publication, ‘Bhargava, age 31, was on a business trip to Dusseldorf, Germany, and was expected to return to Boston on Friday night. He did not show up for his flight and was later found in his hotel room. Bhargava’s death is reported to be from natural causes, according to German authorities.’

John Becker, general partner at American Industrial Partners (AIP), who assumes Bhargava’s role immediately, commented, “Sparsh was a tremendous individual who will be dearly missed. He was loved by all, had a work ethic like no other but most importantly, he was a great person who never finished a day without telling us about his love and respect for his family. Sparsh’s guidance and insights into the business have left us in a strong position to continue to achieve his vision for the company’s future.”

The press release from the company stated, ‘Bhargava’s clear vision and expertise was respected by all at Presstek. He led the company to great success during the four years that he directed the business while a Partner at private equity firm American Industrial Partners (AIP, owners of Presstek) and as Presstek’s president and CEO for the last year.’

In 2012, Bhargava was appointed as a partner at AIP and held numerous leadership roles at other AIP companies prior to his role as president and CEO of Presstek.

Bhargava’s short but impressive career also included the position of vice president of marketing at iCare Software, an enterprise software start-up in the early education industry, and project manager at Procter & Gamble.