Private equity and investment advisory firm CVC Capital Partners (CVC) has hired Chris Colpitts as a Senior Managing Director and Head of Telecommunications, Media and Technology (TMT) in the US. Colpitts will be based in CVC’s San Francisco office.
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 US business, says: “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, adds: “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.”
Colpitts says: “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.”
