Global technology, media and communications investment bank Drake Star Partners announced today that Carl-Peter Forster, a senior executive in the global automotive industry, has joined the firm’s mobility & Smart Cities vertical as Senior Advisor.
Carl-Peter has over 35 years of experience in the Automotive sector globally and started his automotive career in Munich, Germany, after which he held various leadership positions at BMW, including member of the Executive Board as head of global manufacturing. In 2006 he became CEO and President of GM Europe and joined the parent company’s Global Automotive Strategy Board. After leaving General Motors in 2010, he took the position of Group CEO at Tata Motors, where he was responsible for the Tata, Jaguar and Land Rover brands. In 2013, he joined the Geely Automotive Holdings and the Board of Directors of Volvo Cars Corporation, until earlier in 2019.
Commenting on Carl-Peter’s appointment, Marc Deschamps, Executive Chairman of Drake Star Partners, said: “Carl-Peter’s unique experience and deep knowledge of the automotive industry will be key to Drake Star, specifically around some very disruptive and topical sectors he has covered throughout his career, such as the electrification of transport, connected cars, autonomous driving and e-mobility, to name a few. Building on these and the broader mobility space, Carl-Peter will be of great help in further raising Drake Star’s profile in this buoyant sector.”
Carl-Peter Forster, Senior Advisor at Drake Star Partners, added: “The timing to join Drake Star is excellent in view of the sector’s current dynamic. The firm has all the combined attributes to be the premier advisor in the space, allowing both scale-ups and corporates – including their shareholders – to succeed in their fundraising or monetisation activities.” Carl-Peter Forster continued: “I believe that Drake Star possesses the right attributes to strengthen its presence in the emerging advanced mobility space.”
Frank Verbeek, Managing Partner at Drake Star Amsterdam, commented: “ The arrival of Carl-Peter will further signal to our clients and partners worldwide our level of commitment towards building one of strongest deal-making teams in the mobility space. We at Drake Star are steadfast believers in the transformational role the mobility companies we support will play in making our world a better, more efficient and greener place.”
About Drake Star Partners
Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners completed over 300 transactions since 2004, 70% of which are cross-border.