Macquarie Capital has named Sean McCarthy and Chris Holt as managing directors for its North America telecommunications, media and technology business. Previously, McCarthy worked at RBC Capital Markets where he was managing director for technology investment banking focus on software. And, Holt worked at Rothschild & Co where he specialized in M&A and strategic advisory assignments in the TMT space.
NEW YORK–(BUSINESS WIRE)–Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group, today announces the appointments of Sean McCarthy and Chris Holt as Managing Directors in its North American Telecommunications, Media and Technology (TMT) business. Messrs. McCarthy and Holt report to David Dorfman, a Senior Managing Director and Head of TMT and Services at Macquarie Capital for the Americas and Europe, and will be based in New York.
Mr. McCarthy joins Macquarie Capital from RBC Capital Markets, where he was a Managing Director for Technology Investment Banking focusing on software, with more than 18 years’ experience originating and executing complex M&A and capital markets transactions. Recent transactions for corporate clients include SAP, Fiserv, SunGard and Fleetmatics, as well as for leading private equity firms such as Vista, Silver Lake and Apax.
Mr. Holt joins from Rothschild & Co. where he specialized in M&A and strategic advisory assignments across a broad set of companies in the TMT space. Before joining Rothschild in 2014, he spent six years at Morgan Stanley where he focused primarily on the Media and Communications industries. He has advised a wide range of corporate clients, including Hewlett-Packard, Inmarsat, Intel, Qwest Communications, Time Warner Cable and Tele2 AB, among others.
“We are delighted to have Sean and Chris join Macquarie Capital,” said Mr. Dorfman. “We have been at the forefront of advising and financing some of the most innovative TMT transactions throughout the US. Sean and Chris collectively bring experience and relationships to deliver advice and capital solutions to clients.”
Michael Silverton, Head of Macquarie Capital in the Americas and Europe said: “Macquarie Capital wants to be positioned to support our clients across all sectors as they engage opportunities arising from new technologies. Combining our sector knowledge and software expertise will ensure we are delivering ideas, advice and capital solutions that are most relevant to our clients.”
Macquarie Capital has held leading positions in Bloomberg’s 2016 and 2017 rankings for US syndicated LBO Bookrunners in the technology sector. Recent Macquarie Capital transactions in the sector include financial advisor, joint bookrunner and joint lead arranger on $400 million of senior secured credit facilities in relation to the $750 million acquisition of ABC Financial Services by Thoma Bravo; financial advisor to Weld North and KKR on Silver Lake’s acquisition of a majority stake in Weld North Education; and financial advisor to Permira in connection with the $3.25 billion acquisition of Allegro Group by a consortium comprising funds advised by Permira, Cinven and Mid Europa.
Macquarie Capital is the lead partner to the Montgomery Summit, focused on innovation in technology. As the lead partner of the Summit, Macquarie Capital has helped convene more than 1,000 investors, entrepreneurs and executives each year in Santa Monica, helping some of the technology and digital sector’s best realize their goals.
About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie employs more than 13,900 people in over 27 countries. At 30 September 2017, Macquarie had assets under management of $US371.3 billion. For more information, visit www.macquarie.com
About Macquarie Capital
Macquarie Capital is the advisory, capital markets and principal investment arm of Macquarie Group. Macquarie Capital provides strategic M&A and capital raising advice as well as partnering with clients by investing capital into their projects and companies. Globally Macquarie Capital focuses on six core sectors: infrastructure, utilities and renewables; real estate; telecommunications, media, entertainment and technology; resources; industrials; and financial institutions, with 152 transactions completed, valued at $56 billion in the year to 30 September 2017.