Carrick Capital Partners, an investor in technology-enabled businesses, has promoted Rob Delaney to Vice President.
“Rob has been a great addition. He began making an impact as soon as he joined our team at Carrick,” said Carrick Managing Director Mike Salvino. “He plays an instrumental role in the firm’s thematic sourcing effort focused on machine learning and tech-enabled services and is actively involved with portfolio companies Infinia ML and Exiger.”
Infinia ML, headquartered in Durham, NC, uses artificial intelligence and machine learning to solve and automate complex business processes (www.infiniaml.com). Exiger is a New York-headquartered provider of regulatory, risk and compliance services to financial institutions, corporations and government agencies (www.exiger.com).
Mr. Delaney, working closely Mr. Salvino, supports the identification, selection and post-investment guidance of the firm’s investments in machine learning and tech-enabled services companies. Prior to joining Carrick in July 2018, Mr. Delaney received his MBA from Harvard Business School. He worked at Carrick as a summer associate during 2017.
“Rob is a very quick study. His contributions to our firm generally, and our growing machine learning sector in particular, have been significant. His promotion to vice president is well deserved,” added Marc McMorris, a managing director at Carrick.
Carrick invests in business-to-business technology-enabled companies that have revenues of $10 million to $100 million. The firm was co-founded in 2012 by Marc McMorris, a former General Atlantic managing director who led investments in business services and software, and Jim Madden, the founder and chief executive of Exult, a human resources business processing company. Carrick has offices in San Francisco and Newport Beach (www.carrickcapitalpartners.com).
Earlier in Mr. Delaney’s career, he worked for Accenture as a consultant for venture capital clients and then as a corporate M&A specialist focused on tech-enabled services. He earned a BA degree in government and law from Lafayette College.
© 2019 Private Equity Professional | March 21, 2019