Welsh Carson general partner Clark joins CVC as managing partner


interview hire job suit tieUK-headquartered buyout house CVC Capital Partners has hired Welsh, Carson, Anderson & Stowe general partner John Clark as a managing partner based in New York.

Clark will focus on mid-market, growth-orineted deals in the technology, software and tech-enabled business services sectors.

As well as a general partner at WCAS he was also a member of the management committee and a director of Paycom Software, Peak 10, NewAsurion, Savvis and Lytx among others.

CVC Managing Partner Chris Stadler said, “CVC’s greatest asset is the strength and depth of our investment professionals around the world.

“John will be a great addition to this team.”

CVC Partner and Head of TMT Lorne Somerville said, “Our recent investments in AVAST and Cerved in Europe and SPi Global in Asia highlight our strong interest in the software and tech-enabled business services sectors.

“We are very fortunate to be able to attract an investor of John’s calibre and I look forward to working with him to expand our presence in these sectors especially in the middle-market.”

Clark said, “I am delighted to have the opportunity to join such a world-class organization and one of the most successful platforms in the private equity industry today.”

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