CIP Capital

Scott Marden Joins Panel at MIT Sloan Institutional Investment Conference 2014

CIP Capital Managing Partner Scott Marden to Join Panel Discussion at MIT Sloan Institutional Investment Conference 2014

February 28, 2014

MIT SLOAN

 

 

 

 

 

Scott Marden will join moderator Robert Pozen, Senior Lecturer at MIT Sloan, as well as fellow panelists Roger Kafker of TA Associates and Marcos Brujis of IFC Asset Management Company for a panel discussion at the Charles Hotel Conference Center on Friday, February 28th, 2014. 

The MIT Sloan Institutional Investment Conference is the leading student-run investment conference in the country, with approximately 400 investment professionals, industry representatives, and students attending each year. The conference brings together a variety of investors including asset managers, hedge funds, private equity, endowments, and sovereign wealth funds to discuss the challenges and opportunities in the global investment landscape.

Scott Marden Joins Technology Panel at 2013 MIT Sloan P/E Symposium

CIP Capital Managing Partner Scott Marden to Join Technology Panel Discussion at Upcoming 10th Annual MIT Sloan Private Equity Symposium

April 5, 2013

MIT SLOAN

 

 

 

 

 

Scott Marden will join moderator Jeffery Bistrong of Harris Williams as well as fellow panelists Todd MacLean of Bain Capital Ventures, Mark Young of MHT Partners, and Paul Quinlan of Blackstone for a Technology-focused panel discussion at 10AM at MIT's Media Lab on Friday April 5, 2013.

Leading Online Driver Training Provider I DRIVE SAFELY Adds Greg Hallinan to Executive Team

Leading Online Driver Training Provider I DRIVE SAFELY Adds Greg Hallinan to Executive Team
Veteran Mobile Executive Joins I DRIVE SAFELY as Chief Marketing Officer

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CARLSBAD, Calif., May 14, 2013 -- I DRIVE SAFELY, the nation's leading provider of driver education and training, announced today the addition of Greg Hallinan to the newly created role of Chief Marketing Officer, as I DRIVE SAFELY looks to expand its industry leading training programs into new platforms and markets.

Hallinan joins I DRIVE SAFELY from Verve Mobile, which he co-founded in 2005 and served as CMO, helping the company grow from a young startup to the leading location-based advertising platform in mobile.  Prior to Verve Mobile, Hallinan served in various executive and marketing positions with Intel, Swell.com, and NTN Buzztime.  He is currently a semifinalist for the 2013 Ernst & Young Entrepreneur of the Year award.

"I DRIVE SAFELY has already assembled an amazing team and built an industry leading company in the rapidly growing on-line education sector," says Greg Hallinan, Chief Marketing Officer.  "I am excited to help them build on that success, with the ultimate goal of reaching every driver with programs that improve driver safety, reduce fatalities, and enhance road safety for both private and commercial drivers. "

The company also announced the recent hiring of Dustin Bauman as Director of E-Learning.  Prior to joining I DRIVE SAFELY, Bauman held a similar position at global medical device company ResMed, developing localized online training programs for more than 30 products distributed around the world. 

"We are a mission driven organization focused on saving lives through improved driving safety," states George Montgomery , Chief Executive Officer of I DRIVE SAFELY.  "Adding the caliber of executive experience with the additions of both Greg Hallinan and Dustin Baumanensures we are positioned for our future growth, and stay on the leading edge of training systems, driver safety curriculum, and course delivery."

 

 

Scott Marden to Speak at 2013 Buyouts East Conference in Boston

Join Scott Marden, Justin Lipton, and Bobby Kelly at the 2013 Buyouts East PartnerConnect Event in Boston

April 3-5

CIP Capital's Managing Partner Scott Marden is a featured speaker on the April 4th panel "Quick Case Studies Part II: 3 More Great PE Deals & Why They Worked" at this year's Buyouts East Conference. Scott's presentation will focus on CIP's method for sourcing deals, conducting diligence, and partnering with management to drive value creation in portfolio companies. Check out Thursday's agenda and connect with Scott in Boston.

CIP Capital is a Gold Sponsor of the 2013 Buyouts East Conference.

I DRIVE SAFELY Announces New CEO

CARLSBAD, CA – January 30, 2013 - I DRIVE SAFELY, the leading provider of online driver training and first time driver education, announced that George Montgomery has joined the company and will serve as its new Chief Executive Officer (CEO). 

The announcement comes during a period of expansion of the company’s management team following the investment by CIP Capital in the middle of 2012 to provide growth capital for the company. The Chief Financial Officer (CFO) George Harbison was added to the team in July 2012 and the company is currently searching for a Chief Marketing Officer (CMO).

Montgomery previously served as the CEO of the Taylor Made Golf Company, where he helped grow the company from $70 Million to $400 Million in revenue between 1992 and 1999. He also served as CEO of US Education Corporation between 2002 and 2011, where he helped grow revenue from $12 Million to $190 Million.

The veteran CEO said that he became attracted to the company because of the passion of I DRIVE SAFELY’S founding partners Rick Hernandez and Gari Garimella, as well as its mission to improve driver education and safety.

“I met Rick and Gari a little over a year ago, while the company was in the process of looking for outside investors.  I was immediately attracted to them because of their knowledge and passion about the sector.  It’s exciting to be able to work with high quality people and make a difference in the world. We can help save people’s lives,” he said.

Montgomery believes that the customer-focused strategy that helped him grow businesses in the past will be successful at I DRIVE SAFELY. “By helping your customers, you follow behind them,” he asserted.  “The philosophy is: quality leads to growth. That is the same philosophy we will apply here.”

Founding partners Gari Garimella and Rick Hernandez believe that Montgomery will be a major asset in helping the company grow.

 “We welcome George to the I DRIVE SAFELY team, and believe this partnership adds significant value and depth to the company’s executive team,” said Hernandez. “We’re very excited to have someone of George’s caliber in the organization, and I look forward to his contributions and leadership.”

Garimella stated, “George is a very successful CEO, and we are glad to have him lead I DRIVE SAFELY to the next level of success.  I DRIVE SAFELY has experienced significant growth in the last five years, and George’s experience with building and scaling high-growth companies will be invaluable to the team."

 

About I DRIVE SAFELY:

 I DRIVE SAFELY is the industry-leading provider of online driver training. The company’s products include driver improvement products for people who have received a traffic ticket or want to reduce their auto insurance premiums, driver’s education for teens who want to earn their driver’s permit or license, and Mature driving programs for drivers 55 and older.  I DRIVE SAFELY was founded in 1998 in Vista, CA and serves drivers across the United States.