Strategic Leadership Changes at Investor Group Services
Investor Group Services (IGS) has recently made a significant addition to its leadership team by hiring Austin Carter as the Director of Business Development. This strategic move comes as the firm seeks to enhance its investment banking coverage efforts and build deeper relationships within the industry.
Welcoming Austin Carter
Austin Carter joins IGS after holding the position of Vice President of Business Development at Silver Oak Services Partners, a lower middle market private equity firm. His robust experience also includes serving as Vice President at Wells Fargo's Technology, Media, and Telecom Investment Banking Group. With a solid background in executing numerous financial advisory assignments throughout his career, Austin holds a B.A. in Economics from Yale University, making him a valuable asset to the IGS team.
Promotion of Key Team Members
In addition to welcoming Austin, IGS is thrilled to announce that four key team members have been promoted to Principal: Chad Benoit, Ben LaPres, Peter Lee, and Lori Popescu. Each of these individuals brings a wealth of experience and expertise to the firm.
Chad Benoit: A Focus on Healthcare and Technology
Since joining IGS in 2016, Chad Benoit has been instrumental in advising clients on hundreds of engagements, particularly in the healthcare and technology sectors. He leads consulting teams that analyze various markets and offers strategic advice to clients based on extensive market dynamics research. Chad's academic background includes a B.A. in Social Studies from Harvard University, further enhancing his capabilities within the firm.
Ben LaPres: The Diligence and Strategy Expert
Having been with IGS since 2017, Ben LaPres has developed his expertise in diligence and strategy across diverse industries, including industrials, manufacturing, and technology. His engineering background, combined with leadership roles at multinational firms, equips him with deep domain expertise. Ben holds an M.B.A. from Harvard Business School and a B.S. in aerospace engineering from the University of Notre Dame, signifying his strong educational foundation.
Contributions of Peter Lee and Lori Popescu
Peter Lee: Fostering Client Relationships
Joining IGS in 2018, Peter Lee has dedicated his efforts to commercial diligence and strategy while actively building new partnerships. His previous experience at Davy Group focused on equity research and investment selection, providing him with a solid foundation in the finance sector. Peter earned his M.B.A. from Boston College and a Bachelor of Commerce from the National University of Ireland Galway, emphasizing his qualifications in the field.
Lori Popescu: Investment Banking Veteran
Lori Popescu brings over a decade of experience in investment banking and private equity consulting. Her track record at IGS involves advising clients on investment diligence and strategic advisory across numerous engagements. Lori’s previous work at Citi has prepared her to tackle complex strategic questions for businesses. She holds an M.B.A. from Harvard Business School and a B.A. in mathematics and economics from Colby College.
Firm Growth and Strategic Initiatives
The recent promotions at IGS reflect the firm’s dedication to recognizing and cultivating talent within its ranks. Senior Managing Director, Mindy Berman, highlighted the vital roles that Chad, Ben, Peter, and Lori play in the firm’s ongoing success, and she looks forward to their future contributions as they continue to develop professionally.
About Investor Group Services
Investor Group Services is a leading private equity consulting firm actively engaged in M&A commercial diligence, portfolio value creation, and sell-side industry analysis. Founded in 1998, IGS conducts thorough business evaluations across key issues including market sizing, competitive positioning, and performance enhancement. The firm operates in high-growth sectors such as business services, software, media and telecommunications, consumer products, financial services, and healthcare.
Frequently Asked Questions
What role will Austin Carter play at IGS?
Austin Carter will lead the firm's investment banking coverage efforts, focusing on developing relationships in the investment banking community.
Who are the newly promoted Principals at IGS?
The newly promoted Principals at IGS are Chad Benoit, Ben LaPres, Peter Lee, and Lori Popescu.
What experience does Chad Benoit have?
Chad Benoit has extensive experience advising clients across healthcare and technology sectors, having joined IGS in 2016.
Where did Ben LaPres gain his expertise?
Ben LaPres has expertise in industrials and manufacturing sectors, with a strong engineering background from his previous roles in aerospace and defense.
What does IGS specialize in?
IGS specializes in M&A commercial diligence, portfolio value creation, and providing insights in industries such as healthcare, technology, and business services.
