Welsh, Carson, Anderson & Stowe (“WCAS” or the “Firm”), a leading private equity firm focused exclusively on the technology and healthcare industries, announced today that Christopher Hooper has re-joined the Firm as a General Partner. Mr. Hooper will be a member of WCAS’s Technology team and will be based in San Francisco.
WCAS has successfully built many enduring technology and technology-enabled services companies over the past four decades, having invested $10 billion of equity in over 100 technology companies through its 12 equity funds. Today, WCAS has investments in leading companies, including Alert Logic, Clearwater Analytics, NEWAsurion and QuickBase.
Mr. Hooper will join Ian MacLeod, Operating Partner, and Caroline Dechert, Vice President, as well as WCAS’s growing team in the Firm’s new office in San Francisco.
Mr. Hooper’s appointment marks his return to WCAS, where he spent seven years previously as part of the Technology investment team. In 2011, Mr. Hooper relocated to San Francisco and continued his private equity career at Golden Gate Capital focusing on technology investments. Over the course of his thirteen years in private equity, he has worked on many private equity technology investments and has developed extensive expertise in financial technology, information services and vertical software.
D. Scott Mackesy, Managing Partner of WCAS, said, “We are delighted that Chris has rejoined the WCAS team. He is a talented and accomplished professional with deep experience working collaboratively with management teams as a true strategic partner. Chris is a perfect match for our strategy and culture.”
Tony de Nicola, President and Managing Partner of WCAS added, “We are very excited for Chris to help lead our growing West Coast team and our move to the new San Francisco office. The Bay Area continues to be a vital center of relationships, innovation, and new investment opportunity for WCAS. Our expanded office will also enable stronger coverage of the West Coast technology landscape.”
Mr. Hooper noted, “I am thrilled to re-join WCAS, where I previously spent seven years of my career. I know well the Firm’s position as a leading technology investor, with deep domain expertise, a strong commitment to operational excellence, and the strong partnership and strategic alignment it creates with its portfolio company management teams. I am excited to be part of WCAS’s Technology team and believe the Firm’s strong team culture and my long-term relationship with the partnership will enable WCAS to continue to operate in a focused and nimble manner, building on the Firm’s continued successes.
Prior to joining WCAS in 2005, Mr. Hooper worked in investment banking at Lazard. He has a BA in Economics from Colgate University (summa cum laude, Phi Beta Kappa).
WCAS focuses its investment activity in two target industries: technology and healthcare. Since its founding in 1979, WCAS has organized 16 limited partnerships with total capital of over $22 billion. WCAS has a current portfolio of approximately twenty-five companies with 2016 annual revenues totaling $15 billion. WCAS’s strategy is to partner with outstanding management teams and build value for its investors through a combination of operational improvements, internal growth initiatives and strategic acquisitions. The Firm is currently investing an equity fund, Welsh, Carson, Anderson and Stowe XII, L.P., which closed on over $3.3 billion in commitments. See www.wcas.com to learn more.