Four executives have joined Carrick Capital Partners. Steve Unterberger was named Carrick’s chief technology partner; Unterberger formerly held several roles at Exult, including business model architecture president. Kenneth Coleman, Raul Fernandez, and Tom Neff have also joined Carrick as special advisors.
Carrick Capital Partners, LLC today announced the addition of four industry leaders to its executive team. The appointments of Chief Technology Officer Steve Unterberger and Special Advisors Kenneth Coleman, Raul Fernandez, and Tom Neff are a reflection of Carrick Capital Partners’ early success and commitment to assembling an exceptionally qualified team to serve its portfolio companies and investors.
Carrick Capital Partners was co-founded by Marc McMorris, a former General Atlantic managing director who led investments in business services and software, and Jim Madden, the previous founder and chief executive of Exult Inc., a human resources business processing company. Carrick applies a distinctive combination of operational and investment expertise to help entrepreneurs and management successfully scale their businesses.
“We are very pleased to have attracted such outstanding additions to our team. Their in depth knowledge of the people and the process behind business process outsourcing and software companies, and their experience building entrepreneurial businesses will be invaluable as we help entrepreneurs and CEOs take their companies to the next level,” explained Marc McMorris, co-founder of Carrick Capital Partners.
“Steve Unterberger and I built Exult together as company co-founders. He has more than 20 years of technology and BPO experience and is particularly well versed in high growth BPO businesses. Raul Fernandez is a high-tech, serial entrepreneur who has worked with members of the Carrick team for more than 10 years. Kenneth Coleman is a seasoned technology executive with deep roots in Silicon Valley. Tom Neff has directed more than 300 CEO and 600 board searches and has an unparalleled knowledge of the leadership executives in this industry. Together these additions will provide greater breadth of experience and better delivery of Carrick’s ABV (Approach to Build Value) for our portfolio companies,” added Jim Madden, co-founder, Carrick Capital Partners.
Steve Unterberger is the chief technology officer at Carrick Capital Partners. Before joining Carrick, Mr. Unterberger held several positions at Exult, Inc. culminating in the role of business model architecture president until the time of its acquisition by Hewitt Associates, Inc. in 2004. Prior to Exult, Mr. Unterberger was a U.S. executive vice president of SHL Systemhouse, a $2 Billon IT Outsourcer acquired by MCI in 1995. Earlier in his career, he was also a senior manager at Pricewaterhouse Coopers.
Special Advisor Tom Neff has worked for Spencer Stuart & Associates, N.A. (executive search consulting) since 1976, serving as president of the worldwide firm from 1979 to 1996. Since 1996, he has served as chairman of Spencer Stuart, U.S. Previously, he was a principal with Booz Allen & Hamilton in executive search, CEO of an information systems company and held a senior marketing position with TWA. Earlier, he was a management consultant with McKinsey & Company in New York and Australia. Tom serves on the boards of directors of ACE Limited (chair of governance committee), an $18 billion Zurich-based insurance company. He served on the boards of Hewitt Associates, Macmillan and Exult until they were acquired and also served on the board of the Lord Abbett mutual funds. He serves as a trustee emeritus of Lafayette College and previously served as chairman of the board of the Brunswick School.
Special Advisor Raul Fernandez is the chairman of ObjectVideo and former chairman & CEO of Dimension Data. Prior to that he was the founder & CEO of Proxicom, the leading global provider of e-business solutions for Fortune 500 companies. Mr. Fernandez led the company to an IPO in 1999, grew the company to over $200mm in revenue, and sold it to Dimension Data (LSE:DDT). He led the Information Technology Analysis Team for Virginia Governor Mark Warner’s Commission on Efficiency and Effectiveness. He sits on the boards of Fifth and Pacific (formerly known as Liz Claiborne), EXP (formerly TROW) and ValueOptions, the nation’s largest independent behavioral healthcare company. Mr. Fernandez is Vice Chairman of Monumental Sports & Entertainment, a private partnership which owns the NBA’s Washington Wizards, the NHL’s Washington Capitals and the WNBA’s Washington Mystics and owns and operates the Verizon Center. Mr. Fernandez, a native Washingtonian, is an active philanthropist in DC regional non-profits, focusing his energy primarily on educational reform.
Special Advisor Kenneth L. Coleman is chairman of Saama Technologies, a leading provider of services and solutions in the data and analytics market serving many of the world’s most important brands from industries that include high technology, healthcare, life science, insurance and consumer packaged goods. He is the founder and former chairman/CEO of ITM Software. He served as executive vice president of global sales, service, and marketing for Silicon Graphics, Inc. (SGI), vice president of product development at Activision, Inc., and various management positions at Hewlett-Packard. Mr. Coleman is a director of City National Bank, United Online, Accelrys, Inc., and is a member of the advisory board of the Ohio State University Business School.
About Carrick Capital Partners
Founded in San Francisco in 2012, Carrick Capital Partners is a private equity firm that utilizes a unique process – ABV (Approach to Building Value). Expert in leveraging opportunities and navigating challenges inherent to operationally scaling a fast growing business, Carrick works with select companies in specific markets. By taking a concentrated approach and dedicating significant resources post-investment, Carrick adds tremendous value; scaling great companies that deliver significant returns for investors, stimulating economic growth and positively impacting the industry landscape. Working directly with CEO’s and entrepreneurs, Carrick fulfills a vital need for investment and growth expertise. For more information, please visit http://www.carrickcapitalpartners.com/.