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Biography:
In recent years he has been a consultant specializing in asset valuation,
competitive strategy and business development issues for a handful
of Fortune 500 and mid-sized closely-held firms. Recent M&A assignments
have included working with the private equity-owner of a European
telecommunications software provider in a merger with a U.S. competitor,
and Hewlett-Packard in its acquisition of Compaq Corp (evaluation
of Compaq's telecomm business unit). Prior acquisition engagements
included work for Kinetic Concepts, Inc. in durable medical equipment
consolidation, Warner-Lambert in confectionary products, and IBM
Corp. in software. He has also reviewed acquisition opportunities
for two private equity firms on the east coast, which have investment
strategies in low-tech manufacturing and consumer durables, respectively.
Previously,
Mr. Chapman was a Vice President of Oxford Associates, a strategy
consulting firm, and has tenures in sales, marketing, and corporate
planning with IBM and PepsiCo. Mr. Chapman is currently a doctoral
candidate in Economics at the Terry School of Business, University
of Georgia, where his dissertation research topic is on the efficiency
of private equity investing, and PE's impact on modern corporate
governance, strategy, and entrepreneurship. In an innovative thesis
project partially sponsored by the Contracting & Organizations Research
Institute (CORI), he is collecting transaction-level data directly
from private equity firms, and regressing investment returns on
deal parameters including industry, size of deal, management equity,
EBITDA multiple, and length of holding, to quantify factors which
drive private equity investing success. The macro data base for
this project contains over 6,000 private equity transactions dating
back to the early 1980s, and Mr. Chapman is developing descriptive
statistics from this data set, again segregated by parameters such
as industry type or size of deal, for an historical retrospective
of the boom in private equity investing. While at Georgia, Mr. Chapman
sat for qualifying exams in financial economics, industrial organization,
and monetary economics. He also holds a B.A., magna cum laude, in
Economics from Wake Forest University, and an M.B.A. from Harvard
Business School. |
