Cliff Chapman
Managing Partner
Syncarpha Capital
Mr. Chapman co-founded Syncarpha Capital, LLC to capitalize on the tremendous investment opportunities in the alternative energy sector. Syncarpha (and its affiliates), own and operate over 100 MW of solar power plants in the United States. Since January 2009, he has served as its Managing Partner.
From September 2005 through January 2009, Mr. Chapman served as Managing Director, Head of Investment Banking for Broadband Capital Management, a boutique investment bank located in New York City. He directs all aspects of banking, structuring and due diligence for PIPES, Reverse Mergers and SPAC IPOs that have raised over $1B from public market investors in the past 3 years. He was integral in creating new private and public acquisition vehicles.
From January 2001 to the present, Mr. Chapman has been the managing director of Early Stage Associates LLC, a consulting company focused on helping businesses in capital formation and executive management. From January 2001 to the present, Mr. Chapman has also served as the managing
director of ChapRoc Capital LLC, a company which invests in technology and business services companies.
From June 2002 until March 2004, Mr. Chapman was an investor and CEO of mindSHIFT Technologies, a managed services provider focused on IT outsourcing for small and medium enterprises. He was brought into the company by the investors to lead a turnaround of the business. During his tenure as CEO, Mr. Chapman saw revenue grow 230% and reduced cash burn from $400K per month to cash positive. He headed an initial raise of $3MM of equity and a subsequent raise $11MM of equity with a new lead investor. The company completed three acquisitions during his tenure and was subsequently sold for $167MM to Best Buy in 2011.
From 1999 through 2000, Mr. Chapman served as the Vice President of Best Practices for AppNet, a full-service internet professional services and managed services company, where he led the integration of twelve acquired companies. AppNet consummated its initial public offering in July 1999 on NASDAQ and was subsequently acquired by CommerceOne in September 2000.
From 1995 to 1998, Mr. Chapman acted as chief operating officer of NMP, an internet business consulting company that he co-founded and sold to AppNet in October 1998. Mr. Chapman helped grow NMP from 5 staff to 200+ staff over the five-year period that saw revenues increase from $100K to over $30MM. During that period, Mr. Chapman’s numerous roles included new business development, strategic alliance development, technical direction of the organization, management and development of the outsourcing business and client steering. Mr. Chapman was instrumental in securing institutional venture funding, developing corporate strategy and culture and closing the merger with AppNet. The sale to AppNet generated a 20x+ return to NMP’s venture investors.
Prior to NMP, Mr. Chapman worked in the commercial practice of Booz •Allen & Hamilton focusing on the strategic use of information technology to support business processes. Prior to Booz Allen, Mr. Chapman worked as a consultant for Andersen Consulting in their Advanced Systems Group. At Andersen, Mr. Chapman focused on client server development. He was also instrumental in the start-up of a new business in the hand-held computing industry.
Mr. Chapman received a Masters of Business Administration with Honors from Columbia Business School and a Bachelors Degree in Computer Engineering from Lehigh University.
