In an effort to expand the leadership of its growing Aerospace Investment Banking division, Seabury Group has announced that it had promoted two of its Directors, Brian Karpiel and Antares Reis, to the position of Managing Director.
The new Managing Directors represent the combined in-depth expertise and experience from across a variety of Seabury's client advisory groups, including Consulting, Corporate Advisory, Restructuring, and Investment Banking.
'The promotion of our latest class of Managing Directors represents the deep expertise Seabury brings across a comprehensive array of advisory services, as Seabury continues to deliver value to its Aviation and A&D clients across multiple business functions', said Seabury Chairman & Chief Executive Officer John E. Luth. 'These individuals have each played an important role in advancing our firm’s growth, and with addition to our recently appointed Chief Operating Officer & President Chris E. Kubasik, will continue to drive our mission of resolving our clients' most strategic, complex and critical business problems'.
Karpiel, who was named Managing Director and has served for the past year as acting Global Head of Aerospace & Defense Investment Banking division, will continue to lead the firm’s Aerospace Investment Banking team based in Seabury’s world headquarters in New York, as well as help lead its growing middle-market M&A and sponsor coverage activities.
Karpiel re-joined Seabury in 2012 as Director of Aerospace Investment Banking. Mr. Karpiel brings more than 23 years of Investment Banking and Operations experience in the Aviation, Aerospace & Defense (A&D) and Industrial Products market segments. During his career at Seabury and prior firms, he has led or participated in more than 100 advisory assignments, including consulting, in-court restructurings valued at $25bn, and investment banking transactions valued at more than $7bn. During his Investment Banking career, Karpiel led and executed transactions in the A&D sector with Lehman Brothers, CIT (Edgeview Partners), and Janes Capital Partners. His Seabury aviation clients also include Air Canada, Qantas, South African Airways, and U.S. Airways.
Prior to transitioning into Investment Banking, Karpiel was an engineer and operations leader at General Electric, with expertise in lean manufacturing, labor and operational productivity programs, new facility development and managing operations for growth.
Reis, who was named Managing Director for the European Aerospace & Defense Investment Banking division, will have primary responsibility for leading the European team, which originates and executes Investment Banking-related transactions in the A&D industry from Seabury’s London-based office. His appointment follows two successfully completed transactions in Germany and the U.K. in 2014, and a significant pipeline of business yet to be executed.
Prior to joining Seabury in early 2013, Reis spent a career nurturing A&D relationships as Vice-President at Barons Financial Services, CIT Aerospace, and the General Electric Company. He led and was an integral part of originating and closing a variety of financing and M&A transactions, spanning key A&D market segments that are complementary to Seabury’s core advisory practices, including the MRO, Aerospace Distribution & Logistics, Aircraft Interiors, Aerospace Propulsion, Aerostructures, Training & Simulation, and Defense Systems.
During his career, Reis also held positions with McKinsey, PricewaterhouseCoopers, CCF Bank, and Pactual Bank.