CVC Capital Partners Hires Chris Colpitts as US Head of TMT

NEW YORK & LONDON--(BUSINESS WIRE)-- CVC Capital Partners (“CVC”), one of the world’s leading private equity and investment advisory firms, has hired Chris Colpitts as a Senior Managing Director and Head of Telecommunications, Media and Technology (“TMT”) in the US. Mr Colpitts will be based in CVC’s San Francisco office.

Chris Colpitts joins CVC from Deutsche Bank, where he was Global Co-Head of TMT Investment Banking based in San Francisco. Chris has over 18 years’ experience working in the San Francisco and Bay area with local and global technology companies, including Avago Technologies’ acquisition of Broadcom Corporation which was the largest strategic transaction in the technology sector since 2000. Prior to joining Deutsche Bank in 2006, Colpitts worked as a Managing Director and Global Head of Electronics Investment Banking at Lehman Brothers.

Christopher J. Stadler, Managing Partner and Head of CVC's U.S. business, said: “I have known Chris for almost 20 years and I am thrilled that he is coming on board as we continue to build our presence across the US and the TMT sector.”

Lorne Somerville, Partner and Global Head of CVC’s TMT team, added: “We are delighted that Chris, who has such a wealth of expertise, has joined our team. His deep sector knowledge and local network will be a great asset to us as we continue to look for new investments across the TMT space.”

Chris Colpitts commented: “I am very excited to be joining CVC, a company with such an impressive track record, truly global network and expertise across a range of industries. The TMT sector is rapidly changing, affected by structural and cyclical changes that create opportunities and CVC is perfectly positioned to seize these future investment opportunities. I look forward to working with Chris, Lorne and the rest of the CVC team.”

About CVC Capital Partners

CVC Capital Partners is one of the world’s leading private equity and investment advisory firms. Founded in 1981, CVC today has a network of 24 offices and over 300 employees throughout the U.S., Europe, Asia, and South America. To date, CVC has secured commitments of over US$79 billion in funds from a diverse and loyal investor base, completing over 300 investments in a wide range of industries and countries across the globe, with an aggregate transaction value of over US$120 billion. For more information please visit www.cvc.com.

About CVC Growth Partners

In 2014, CVC formed a new team to target smaller growth-oriented companies through its dedicated CVC Growth Fund. The fund focuses on middle-market, high-growth companies in the software and technology-enabled business services sector. The fund primarily targets equity investments between $50mm and $200mm in North America and Europe.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160308006181/en/

Media Contacts
CVC Capital Partners
Carsten Huwendiek,
Head of Communications
Tel: +44 20 7420 4240
Email: [email protected]

Source: CVC Capital Partners

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