CCMP Capital Names Michael Iaccarino as Executive Advisor and Operating Executive
July 19, 2011
Former CEO of Mobile Messenger and Epsilon Brings 25 Years of Information Services, Digital Marketing and Technology Experience
NEW YORK, July 19, 2011—CCMP Capital announced today that Michael Iaccarino will be joining the firm as an Executive Advisor and Operating Executive, focusing on investment opportunities in the information services and digital marketing sectors and advising CCMP portfolio companies on their digital marketing strategies. As part of his role, Mr. Iaccarino will also become the Chairman of CCMP portfolio company Infogroup, a leading provider of targeted highvalue sales and marketing data, customer and market intelligence and innovative digital engagement solutions. Mr. Iaccarino currently serves as a Director of Infogroup and a member of its Audit Committee.
Mr. Iaccarino brings more than 25 years of information services, digital marketing and technology experience to CCMP, most recently serving as CEO of Mobile Messenger, one of North America’s largest mobile technology companies. He was previously CEO of database marketing company Epsilon, which achieved a more than 3-fold growth in revenue and a 6-fold increase in EBITDA under his leadership.
“We are thrilled to be building on our strong operational capabilities with Mike’s addition to our firm,” said Stephen P. Murray, President and CEO of CCMP Capital. “Not only are his industry experience and deep relationships a perfect fit for our information services focus area, but we see tremendous opportunities for him to work closely with our portfolio companies to provide guidance on enhancing their revenue-generating digital marketing strategies as well.”
“While serving on the board of Infogroup, I have been extremely impressed by CCMP’s strategy of leveraging operational expertise to create significant value. I am excited to be expanding and deepening my involvement with CCMP and its portfolio companies, and I look forward to contributing to CCMP’s strong track record investing in the consumer, retail, and information services sectors,” said Mr. Iaccarino.
Mr. Iaccarino, age 46, served as the President and Chief Executive Officer of Mobile Messenger from 2009 to 2011, establishing the company as one of the dominant mobile technology players in North America. Prior to joining Mobile Messenger, Mr. Iaccarino was Chief Executive Officer of Epsilon from 2001 to 2009, transforming Epsilon into one of the United States’ leading database marketing companies. He also served as Epsilon’s Chief Financial Officer from 1998 to 2001, playing a crucial role in the spin-out of Epsilon from American Express.
Prior to joining Epsilon, Mr. Iaccarino was a Senior Manager at Price Waterhouse Coopers from 1997 to 1998, focusing on M&A transaction support. From 1991 to 1997, Mr. Iaccarino worked for Summit Technology and was ultimately promoted to Corporate Controller. He served as a Senior Accountant in KPMG’s high technology practice from 1986 to 1991. Mr. Iaccarino earned a B.S. in Accounting and English from Boston College and is a former Certified Public Accountant. He is a member of the CTIA Wireless Internet Caucus Council.
About CCMP Capital
CCMP Capital Advisors, LLC (“CCMP”), specializes in upper-middle market buyouts and growth equity investments of $100 million to $500 million in the U.S. and Europe. CCMP focuses on generating alpha through the operational transformation of its portfolio companies. With offices in New York, Houston and London, CCMP invests in four primary industries: Consumer, Industrial, Energy and Healthcare. Selected investments under management include: ARAMARK Corporation, Chaparral Energy, Edwards Group, Francesca’s Collections, Generac Power Systems, Infogroup, Jetro Holdings, LHP Hospital Group, Medpace, Newark Energy and Warner Chilcott.
For more information, please visit www.ccmpcapital.com.
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Andrew Cole/Brooke Gordon
Tel: 212 687 8080