CortenCapitalCorten Capital logo

is a specialist investment firm that partners with entrepreneurial management teams to acquire and build market-leading, technology-driven B2B services, information and software companies across Europe and North America.

About Us

Our philosophy is clear: we invest in companies that seek to create enduring value through growth and innovation, instead of relying on financial engineering and cost-reduction for short term gains.

Our first fund will invest in a focused portfolio of two to three platform companies and provide each with a long term investment horizon, continuous strategic and operational support, and substantial capital for technology and product development, commercial acceleration, geographic expansion and M&A.

We bring to each investment our passion for building innovative businesses, decades of experience as investors and operators, and a strong commitment to working collaboratively with management.

We are backed by a select group of the world’s most respected university endowments and large family offices, who share our philosophy of investing for long term growth and fundamental value creation.

Our Approach

Our investment strategy is driven by a relentless curiosity for technology transformation and a determination to harness its power to build great companies.

We empower management to take risks to pursue growth and innovation, recognising the distinction between their role and ours as investors. We offer hands-on support where needed, but we do not try to do management’s job for them.

The Corten team brings a mix of investment, strategic and functional expertise to help management to identify, evaluate and execute major value creation opportunities based on technology transformation, new product and service development, commercial acceleration, new market entry, and creative acquisition strategies.

We back and build companies providing mission-critical services and software solutions that are deeply embedded in customer workflows and have resilient, recurring revenue business models. We seek out companies with differentiated value propositions for the digitalisation, automation and cloud enablement of their customers’ core business processes and operations, providing greater transparency, control, efficiency and compliance.

    Our primary target sectors include:
  • Real Estate & Facilities Management
  • Supply Chain Management
  • Travel, Transport & Logistics
  • Environment, Health, Safety & Quality
  • Human Capital Management
  • Governance, Risk & Compliance

Our Team

Corten was founded by two highly experienced and successful TMT investors, Joseph Schull and Simon Begg, and two outstanding business leaders of market leading global TMT companies, Andrew Sukawaty and Don Robert. The founders’ combination of investment, strategic and operational skills, as well as decades of experience in B2B services, information, and software, make Corten one of the most differentiated sector-focused teams in the industry.

We work as one team, which enables us to act decisively and quickly. Our founders lead deals, serve as active board members and constitute our Investment Committee, enabling us to speak with one voice as a trustworthy and reliable partner. Corten has a network of trusted advisors in technology, product, operations, sales and marketing, HR and finance to advise it and its portfolio companies.

Joseph Schull

Co-founder, Managing Partner

Joseph Schull

Joseph is the Managing Partner and Chairman of the Investment Committee of Corten Capital and one of the industry’s most experienced investors in the technology, media and telecommunications (TMT) sector, across early stage, development capital and leveraged buyout investments. Having joined Warburg Pincus, one of the world’s leading private equity firms, in 1998, Joseph led the firm’s TMT group in Europe as well as its investment activities in Emerging Europe. He has led growth and buyout investments in B2B software and technology-enabled services, information services, cable broadband services and digital media. He also served as WP’s Head of Europe and was a member of the firm’s global Executive Management Group.

Joseph holds a B.A. and M.A. from McGill University, where he studied Politics, Philosophy and Economics and was a Guy Drummond Scholar, and he received a D. Phil from Oxford University, where he was a University Lecturer during 1990-1991.

He is Chair of the Investment Committee of venture philanthropy organisation Impetus Trust, a Board member of the Social Science Research Council, and a member of the International Advisory Board of McGill University.

Simon Begg

Co-founder, Partner

Simon Begg

Simon is a co-founder and Investment Committee member of Corten Capital, with 20 years’ TMT investing experience as well as leadership roles in capital markets and financing, transaction execution and portfolio support. Prior to co-founding Corten Capital, Simon was a Partner at Warburg Pincus, one of the world’s leading private equity firms. At Warburg Pincus, he was involved in the structuring, execution and value realisation of more than $20B of investments across its European portfolio and was a senior member of the TMT team. Simon served as COO of its European business, was a board director of Safetykleen and Mercator, and played a lead portfolio support role with several Warburg Pincus portfolio companies including Ziggo.

Prior to Warburg Pincus, Simon worked at Apax Partners in London and at Time Warner in New York. He received an M.Eng in Engineering, Economics and Management from Brasenose College, Oxford.

Andrew Sukawaty

Co-founder, Partner

Andrew Sukawaty

Andy is a Co-founder and Investment Committee member of Corten Capital. He is also the Chairman of Inmarsat, having previously served as its CEO and Chairman between 2003 and 2012. He led the company through its privatisation and subsequent listing on the London Stock Exchange, and more recently led its delisting in a take private completed in 2019. Andy has worked with fellow Corten founders, Joseph Schull and Simon Begg, since 2006 when he joined the Board of Ziggo, the leading Dutch broadband services provider. As Chairman of Ziggo, Andy led the company through seven years of rapid growth and value creation, culminating in a highly successful IPO on the Amsterdam Stock Exchange of Warburg Pincus’ most successful investment to date in Europe.

A renowned entrepreneurial business builder, Andy is a pioneer in communications services who has been backed by some of the world’s leading private equity firms and led the IPOs of three PE-backed businesses. He was involved in launching some of the first US mobile phone systems and then crossed the Atlantic to start a UK mobile operator (which became T-Mobile UK). He went on to run NTL in the UK and later returned to the US to start up the US national mobile phone operator, Sprint PCS. Andy was Senior Independent Director at Sky and is a current board member of RELX.

Andy is a graduate of the University of Minnesota (MBA) and the University of Wisconsin (BBA).

Don Robert

Co-founder, Partner

Don Robert

Don is a Co-founder and Investment Committee member of Corten Capital. He is also the Chairman of the London Stock Exchange Group, the leading global financial markets infrastructure business. Don is a pioneer in the information services industry with a long history of building businesses internationally, bringing a relentless focus on talent development. He joined Experian as COO of its troubled North America subsidiary in 2001 and spent the next 18 years, latterly as CEO and then as Chairman, transforming it into a £20 billion global market leader listed on the London Stock Exchange.

Don is a Technology Advisor to the Bank of England and was a Non-Executive Director of the Court of Directors of the Bank of England during 2014-19. He chairs Validis, a financial accounting software company, based in the UK and was previously a Board member of Compass Group.

Don is a graduate of Oregon State University (BA, Business Administration/Finance).

Caroline Watteeuw

Chief Technology Officer

Caroline Watteeuw

Caroline is Corten’s Chief Technology Officer with lead oversight of technology-related due diligence and portfolio company support. She is one of the most experienced CTOs in the technology industry. Prior to joining Corten, Caroline served as Executive Vice President and Chief Information Officer of Caliber Home Loans, where she was responsible for the technology infrastructure supporting Caliber’s aggressive growth plan and digital transformation.​ Previously, she served as Technology Officer at Warburg Pincus.

Caroline also has served as Global Chief Technology Officer at PepsiCo, held senior technology roles at iFormation Group, TradingEdge and Credit Suisse Group, and has acted as a senior technology advisor to CEOs and corporate boards at Innovation Through Technology. Caroline is a Board member of New Relic, previously served on the board of Capgemini SE, and has been a Trustee of New York Institute of Technology since 2015.

Caroline received her undergraduate degree from the University of Ghent in Belgium and has an M.S. in Biochemical Engineering from the University of Pennsylvania. Caroline is Belgian and lives in Dallas, Texas.

Neil Patel

Investment Director

Neil Patel

Neil is a member of the Corten Investment team. He was previously Global Finance Director for Lumesse, a Human Capital software business, where he was responsible for finance strategy and operations, corporate development and business operations. He played a leading role on a number of transformational projects at Lumesse, including a complex transition from license to SaaS and from on-premises to cloud, a new ERP and MIS implementation, the redesign of sales incentives, as well as the disposal and closure of non-core assets and debt refinancing. These initiatives contributed to Lumesse achieving record levels of growth prior to its sale in 2018.

Prior to Lumesse, Neil served as Head of Financial Planning at the UK’s largest rent-to-own retailer, and also held roles at Credit Suisse and PwC across consulting and corporate finance.

Neil is a chartered accountant, having trained at PwC, and he received a BSc. in Economics from University College London.

Clay Gibson

Investment Director

Clay Gibson

Clay is a member of the Corten Investment team. Clay was previously an Associate at Accel-KKR, where he focused on buyout and growth equity investments in B2B software companies in Europe and North America. Prior to this, he worked in the Mergers & Acquisitions Group at SunTrust Robinson Humphrey, where he focused on transactions involving middle market companies in the software and technology-enabled services industries.

Clay received a B.A. in Economics and History from the University of Virginia.

Joanna Coates

PA

Joanna Coates

Jo works as a PA at Corten Capital. Previously, she worked with Joseph Schull and Simon Begg at the London office of Warburg Pincus for 11 years. Originally from Warwickshire, Jo has lived in London since leaving secretarial college in Oxford where she completed an English and French bilingual secretarial course.

Lillie Allen

PA

Lillie Allen

Lillie works as a PA and Office Manager at Corten Capital. She previously worked as a Recruitment Advisor, sourcing staff for UHNW Family Offices. Lillie grew up on the North Yorkshire/Cumbria border and moved to London in 2010 to study Theatre Arts at Goldsmiths University.

Our Values

  • Integrity: We conduct ourselves with integrity and intellectual honesty in everything that we do
  • Excellence: We take pride in the quality of our work and hold ourselves to the same high standards that we expect of our partners
  • Challenge: We believe the best results come from a willingness always to challenge ourselves and those we work with
  • Individuality: We respect difference and think that the best ideas and outcomes emerge from diversity in our team’s background, experience and thinking
  • Teamwork: We have individual roles and responsibilities but work as one team towards a common goal
  • Openness: We strive to create an environment of trust and transparency both internally and externally

News

Specialist business software and services investor Corten Capital closes debut fund significantly above target at €392m

Read more

Contact

10 Lower James Street, London W1F 9EL

+44 20 7861 5990

info@cortencapital.com