John A. Bates

UMUC Ventures, Board of Directors

John Bates Photo 2015.01.20

 

 

 

 

Founder and Managing Partner

Potomac Equity Partners

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Background:

John has over twenty-five years of investment transaction experience, and has completed in excess of $100 billion of transactions in a wide range of industries.

John is the Founder and Managing Partner of Potomac Equity Partners (www.potomacequitypartners.com).  Potomac Equity Partners is a Washington D.C.-based private equity investment firm focused on providing superior equity returns through the close partnership and collaboration with its portfolio company management team members.  The firm targets control investments in the Education/Training, Healthcare, Information Services, and Software/Technology sectors.  John serves on the Board of Directors of all Potomac Equity portfolio companies.

Prior to founding Potomac Equity, John was a Partner and Member of the Investment Committee of Arlington Capital Partners, a middle market private equity fund with $2 billion under management.  Over John’s eleven year experience at Arlington, he completed 18 transactions, including leading or co-leading new portfolio company transactions in the education, healthcare software and services, information services, interactive marketing, and media sectors.  John has served on a variety of the Boards of Arlington portfolio companies, including Advanced Health, Ad Venture Interactive (formerly PlattForm Holdings), BrightStar Education Group, Sports Information Group (Daily Racing Form), and Virgo Holdings.

Before joining Arlington in 2000, John was a Vice President in the Mergers and Acquisitions Group at Lehman Brothers.  During John’s seven years at Lehman Brothers, he executed many of the industry’s most notable transactions, including multi-billion dollar transactions for each of the following clients: ADT Limited (hostile defense and merger with Tyco), Ameritech (investment in Tele Danmark), Digital Equipment (merger with Compaq), EXCEL Communications (acquisition of Telco, and subsequent merger with Teleglobe), MediaOne Group (transaction with Microsoft/Telewest), Olivetti (transaction with Mannesmann/CCI), Pennzoil (sale of assets to Chevron), Teleglobe (merger with BCE), and U S WEST (hostile defense and merger with Qwest).  During this time period, John also executed numerous other merger and acquisition and corporate finance transactions.

John began his business career as an analyst at Price Waterhouse.

John holds an M.B.A. degree and is a Director’s List recipient from the Wharton School of Business at the University of Pennsylvania. He is also a graduate of Princeton University. John also previously was All-American Consideration for U.S. Swimming.

In addition to managing Potomac Equity, John is the Treasurer, Chairman of the Finance and Administration Committee, and a Board Member of the non-profit organization Capital Partners For Education (www.cpfe.org).