Andrew D. Clapp
Managing Partner, Arctaris Capital
Mr. Clapp is the Managing Partner of Arctaris Capital Partners, LLC (www.arctaris.com) which provides an unusual royalty-based, non-dilutive financing to expansion stage companies in the eastern USA through the Arctaris Income Fund, LP. which held it's first closing last month and is currently funding companies. Arctaris has offices in Waltham and Detroit.
Previously he was a founding partner of Brook Venture Fund II, whose most recent fund was a $100M sub-debt fund. Prior to Brook, Mr. Clapp was a managing director at Shields & Company, and for seven years before that he was a Partner at Downer & Company, a transatlantic investment-banking firm with offices in Boston and Paris, where he launched the firmís highly successful sell-side practice. While at Downer he also completed a number of private placements on behalf of early stage companies.
Prior to Downer Mr. Clapp was President of Equifax Research, a division of Equifax, Inc. and before that he was Manager of the Corporate Development Unit at Arthur D. Little, Inc., which at that time was the largest consulting firm in the world. Mr. Clapp launched, managed and oversaw a family of merger & acquisition related publications and directories which were sold to Securities Data Company, a division of Thompson Group, which continues to publish some of them today.
Mr. Clapp has led or participated in numerous seminars on venture capital, mergers & acquisitions, corporate finance and valuation, and has written a number of articles including The Perfect Executive Summary, which is popular with entrepreneurs and with business school classes, and Funding Companies in a Deleveraged Economy: A New Corporate Finance Solution for Companies and Investors. He speaks regularly and participates in programs before classes or groups at Boston Universityís graduate school of management, Boston College, Bentley College, Harvard University, MIT, and Tuck School at Dartmouth.
Mr. Clapp is a graduate of Clarkson University where he received a B.S. and from Amos Tuck School at Dartmouth College where he received his MBA.
Mr. Clapp has been a director of many companies he has led the investment into. He is a member of the Small Business Association of New England, the Association for Corporate Growth whose Boston chapter he founded, and the New England Venture Capital Association. He has two grown children, lives in Ipswich, MA with his wife Jean, and spends time in the Adirondacks and Vermont.