Matrix Capital Names New Senior VP

RICHMOND, Va. -- Matrix Capital Markets Group Inc. promoted Cedric Fortemps to senior vice president. He’s been a member of Matrix’s Energy and Multi-Site Retail Group and the Bankruptcy and Reorganization Practice since joining the firm in 1998.

Over the past dozen years, Fortemps has been a leading contributor on more than 70 successful Matrix engagements, including the sales of the Virginia assets of Delek US Holdings, ZOOTS Dry Cleaning, Angus I. Hines Inc., Huffman Oil Co., Briggs Hospitality, C. R. Quesenberry Inc., and FFP Marketing Co. Inc.

Fortemps graduated cum laude with a B.S.B.A. with a concentration in finance from the University of Richmond. He is a CFA Charterholder, member of the CFA Institute, and a qualified Series 7, Series 63 and Series 79 FINRA General Securities Representative. He also serves on the advisory board for the University of Richmond’s Student Managed Investment Fund, and has been a guest lecturer for the school’s MBA program.

“Cedric has provided excellent advice and service to our clients in helping them maximize the value of their companies over the last dozen years, and it is a privilege to work with such a dedicated and talented investment banker,” stated Tom Kelso, a managing director and principal at Matrix and head of the firm’s Energy and Multi-Site Retail Group.

Matrix's Energy and Multi-Site Retail Group provides transactional advisory services to companies in the downstream energy and multi-site retail sectors, including convenience store chains, petroleum marketers, fuels distributors, retail propane distributors, heating oil distributors, lubes retailers and distributors, terminal operators, fuels transportation companies, hospitality companies, and other specialty retail chains. Since its inception in 1997, this group has successfully advised on more than 70 transactions.