Advent International Appoints Former EY Global Chairman and CEO Carmine Di Sibio as Operating Partner
Advent International, a leading global private equity firm, has appointed Carmine Di Sibio, former EY Global Chairman and CEO, as an Operating Partner. Di Sibio will help identify, source, and execute new deals in the business and financial services sector, working closely with Advent's team and current portfolio.
Di Sibio's nearly four-decade career at EY saw him rise from auditor to Global Chairman and CEO, where he led significant transformations focusing on digital innovation, sustainability, and geographic expansion. Under his leadership, EY invested over US$10 billion in technology, solutions, and people, achieving revenues of US$50 billion and a global workforce of 400,000.
Advent has been investing in the business and financial services sector for over 30 years, completing over 88 investments worldwide. The firm focuses on financial services providers and B2B players with technology at their core, seeking growth underpinned by robust macro trends, resilient business models, and transformational opportunities.
Advent International, una delle principali società di private equity a livello globale, ha nominato Carmine Di Sibio, ex Presidente e CEO globale di EY, come Partner Operativo. Di Sibio contribuirà a identificare, trovare ed eseguire nuovi affari nel settore dei servizi aziendali e finanziari, lavorando a stretto contatto con il team di Advent e il portafoglio attuale.
La carriera di Di Sibio, durata quasi quattro decenni in EY, lo ha visto progredire da revisore a Presidente e CEO globale, dove ha guidato importanti trasformazioni focalizzate sull'innovazione digitale, la sostenibilità e l'espansione geografica. Sotto la sua guida, EY ha investito oltre 10 miliardi di dollari in tecnologia, soluzioni e persone, raggiungendo ricavi di 50 miliardi di dollari e una forza lavoro globale di 400.000.
Advent investe nel settore dei servizi aziendali e finanziari da oltre 30 anni, completando oltre 88 investimenti in tutto il mondo. La società si concentra sui fornitori di servizi finanziari e sui giocatori B2B con la tecnologia al loro centro, cercando una crescita sostenuta da robuste tendenze macro, modelli di business resilienti e opportunità trasformazionali.
Advent International, una de las principales firmas de capital privado a nivel mundial, ha designado a Carmine Di Sibio, ex Presidente y CEO Global de EY, como Socio Operativo. Di Sibio ayudará a identificar, buscar y ejecutar nuevos acuerdos en el sector de servicios empresariales y financieros, trabajando en estrecha colaboración con el equipo de Advent y el portafolio actual.
La carrera de Di Sibio, que duró casi cuatro décadas en EY, lo vio ascender de auditor a Presidente y CEO Global, donde lideró transformaciones significativas centradas en la innovación digital, la sostenibilidad y la expansión geográfica. Bajo su liderazgo, EY invirtió más de 10 mil millones de dólares en tecnología, soluciones y personas, alcanzando ingresos de 50 mil millones de dólares y una fuerza laboral global de 400,000.
Advent ha estado invirtiendo en el sector de servicios empresariales y financieros durante más de 30 años, completando más de 88 inversiones en todo el mundo. La firma se centra en proveedores de servicios financieros y actores B2B con tecnología en su núcleo, buscando crecimiento respaldado por sólidas tendencias macroeconómicas, modelos de negocio resilientes y oportunidades transformadoras.
Advent International은 세계적인 사모펀드 회사로, Carmine Di Sibio를 전 EY 글로벌 회장 겸 CEO로 운영 파트너로 임명했습니다. Di Sibio는 비즈니스 및 금융 서비스 분야에서 새로운 거래를 식별, 소싱 및 실행하는 데 도움을 줄 것이며, Advent의 팀 및 현재 포트폴리오와 밀접하게 협력할 것입니다.
Di Sibio는 EY에서의 거의 40년 경력 동안 감사사에서 글로벌 회장 겸 CEO로 상승하였으며, 디지털 혁신, 지속 가능성 및 지리적 확장을 중심으로 한 중요한 변화를 이끌었습니다. 그의 지도 아래 EY는 100억 달러 이상을 기술, 솔루션 및 인력에 투자하였고, 500억 달러의 수익과 40만 명의 글로벌 인력을 달성했습니다.
Advent는 30년 이상 비즈니스 및 금융 서비스 분야에 투자해 왔으며, 전 세계적으로 88건 이상의 투자를 완료했습니다. 이 회사는 기술을 핵심으로 하는 금융 서비스 제공업체 및 B2B 기업에 주목하며, 강력한 거시적 트렌드, 회복력 있는 비즈니스 모델 및 변혁적인 기회를 바탕으로 한 성장을 모색하고 있습니다.
Advent International, une société de capital-investissement mondiale de premier plan, a nommé Carmine Di Sibio, ancien président et PDG d'EY, comme partenaire opérationnel. Di Sibio aidera à identifier, rechercher et exécuter de nouveaux accords dans le secteur des services commerciaux et financiers, en travaillant en étroite collaboration avec l'équipe d'Advent et le portefeuille actuel.
La carrière de Di Sibio, qui a duré près de quatre décennies chez EY, l'a vu passer d'auditeur à président et PDG mondial, où il a dirigé des transformations significatives axées sur l'innovation numérique, la durabilité et l'expansion géographique. Sous sa direction, EY a investi plus de 10 milliards de dollars en technologie, solutions et personnes, atteignant des revenus de 50 milliards de dollars et un effectif mondial de 400 000 personnes.
Advent investit dans le secteur des services commerciaux et financiers depuis plus de 30 ans, ayant réalisé plus de 88 investissements dans le monde. La société se concentre sur les prestataires de services financiers et les acteurs B2B dont la technologie est au cœur de leur activité, recherchant une croissance soutenue par des tendances macroéconomiques robustes, des modèles commerciaux résilients et des opportunités transformationnelles.
Advent International, eine führende globale Private-Equity-Firma, hat Carmine Di Sibio, den ehemaligen globalen Vorsitzenden und CEO von EY, als Betriebsführer ernannt. Di Sibio wird helfen, neue Deals im Geschäfts- und Finanzdienstleistungssektor zu identifizieren, zu akquirieren und umzusetzen und eng mit dem Team von Advent sowie dem aktuellen Portfolio zusammenarbeiten.
Di Sibios nahezu vier Jahrzehnte Karriere bei EY sah ihn vom Auditor zum globalen Vorsitzenden und CEO aufsteigen, wo er bedeutende Transformationen mit einem Fokus auf digitale Innovation, Nachhaltigkeit und geografische Expansion leitete. Unter seiner Führung investierte EY über 10 Milliarden US-Dollar in Technologie, Lösungen und Menschen und erzielte Einnahmen von 50 Milliarden US-Dollar sowie eine globale Belegschaft von 400.000.
Advent investiert seit über 30 Jahren im Geschäfts- und Finanzdienstleistungssektor und hat weltweit über 88 Investitionen abgeschlossen. Die Firma konzentriert sich auf Finanzdienstleister und B2B-Anbieter, bei denen die Technologie im Mittelpunkt steht, und sucht Wachstumschancen, die durch robuste makroökonomische Trends, resiliente Geschäftsmodelle und transformative Möglichkeiten unterstützt werden.
- Appointment of highly experienced former EY Global Chairman and CEO as Operating Partner
- Di Sibio's expertise in professional services, financial services, and technology industries
- Potential for leveraging Di Sibio's experience to drive growth and innovation across Advent's portfolio
- Di Sibio's track record of leading significant transformations and driving global growth strategies
- Advent's strong position in the business and financial services sector with over 88 investments worldwide
- None.
“We are thrilled to welcome Carmine to our growing roster of talented, specialized and hands-on Operating Partners,” said Chris Egan, Managing Partner at Advent. “After a distinguished career of nearly four decades at EY, Carmine brings an incredible wealth of knowledge and expertise in the professional services, financial services and technology industries, which we believe will be invaluable as we continue to expand our investments in this space. We are excited about the opportunity to leverage Carmine’s experience to drive even further growth and innovation across our firm and portfolio.”
Di Sibio began his career in 1985 as an auditor at EY, one of the largest professional services organizations in the world, before rising through the ranks in several different advisory and assurance roles and ultimately elevating to Global Chairman and CEO in January 2019. In that role, Di Sibio led the organization through significant transformations, focusing on digital innovation, sustainability and geographic expansion. While at EY, Di Sibio played a key role in driving EY’s global growth strategy with the development of NextWave, the company’s first global strategy focused on creating long-term value for all stakeholders. During his tenure, EY has invested over
“I am thrilled to work with Advent, a firm that I have closely followed and admired, and to apply the learnings and experiences I have amassed over my career in a new and exciting way,” said Di Sibio. “The professional services industry is at an inflection point, with new opportunities emerging from technological disruption and evolving client needs. Advent's disciplined investment approach, combined with its global reach and deep industry expertise, presents a unique platform to drive transformation in the sector. Throughout my career, I have been focused on leading and executing industry-defining change, and I look forward to collaborating with the business and financial services team to capitalize on these trends and work towards driving growth at the firm’s portfolio companies."
“Carmine is an industry veteran and exceptional thought leader who has overseen multi-billion-dollar investments in new technologies to drive industry efficiencies and spearheaded initiatives to expand the pool of industry talent, and we are incredibly honored to partner with him as an Operating Partner,” said John DiCola, Principal at Advent. “As we scale Advent’s investments in the professional services sector, we believe that Carmine’s insights and broad set of relationships will be critical in helping our team to identify further opportunities to support the growth and evolution of the industry.”
Di Sibio currently holds director positions on the boards of PayPal (NASDAQ: PYPL) and Prudential Financial (NYSE: PRU). Di Sibio also plays an active role in the World Economic Forum, having served as a member of its International Business Council, and he has been actively involved in developing a core set of metrics to help standardize disclosures around Environmental, Social and Governance (ESG) factors and long-term value creation. He earned a bachelor’s degree in chemistry from Colgate University and an MBA from New York University’s Stern School of Business.
Advent has been investing in the business and financial services sector for over 30 years and has completed over 88 investments worldwide. Advent’s investments in the space focus on financial services providers and business-to-business players that tend to have technology at their core. Market growth is a common thread to its activities in the sector across geographies, and the firm looks for growth that is underpinned by robust macro trends, resilient business models and transformational opportunities from carve-outs and undercapitalized businesses.
ABOUT ADVENT INTERNATIONAL
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in 421 private equity investments across 43 countries, and, as of March 31, 2024, had
For more information, visit:
Website: www.adventinternational.com
LinkedIn: www.linkedin.com/company/advent-international
*Assets under management include assets attributable to Advent advisory clients as well as employee and third-party co-investment vehicles.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240930848825/en/
Leslie Shribman
lshribman@adventinternational.com
Zachary Tramonti / Sophia Templin
FGS Global
Tel: +1 212 687 8080
AdventInternational-US@fgsglobal.com
Source: Advent International
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