Claire E. McAdams

SUMMARY BIOGRAPHY AND TRANSACTION HISTORY

Employment/Education History

  • Headgate Partners LLC; Founder and Managing Partner
    • Launched in 2005, Headgate is an investor relations, business development and strategic consulting firm focused on the semiconductor and component manufacturing industry
  • WR Hambrecht + Co; Managing Director
    • Senior member of semiconductor banking team; January 2004 – June 2005
  • SoundView Technology Group; Managing Director
    • Built and led successful semiconductor equipment and manufacturing investment banking franchise over nearly eight years at the firm
    • Joined June 1996; became Managing Director January 2001
    • Firm acquired by Schwab in January 2004
  • Oppenheimer & Co., Inc.; Investment banking group; July 1994 – June 1996
  • Claremont McKenna College; BA in Economics and Literature, with honors, 1994

 

Industry Focus

  • Specialization in component manufacturing since 1997
    • Primarily semiconductors, with significant carry-over into related industries such as data storage, LEDs, solar, photonics, MEMS and flat-panel displays
    • Particular expertise in capital equipment, with substantial experience in manufacturing services (foundries, OSAT), advanced materials, masks, fabless semiconductors, EDA and manufacturing software/IP
  • Global client base; significant business throughout the U.S., Asia and Europe

                                                                                                       
Completed Public Financings Since 1999

At Headgate Partners:

  • Nanometrics – 2009 follow-on
  • Kulicke & Soffa – 2009 follow-on
  • Credence Systems – 2008 debt re-financing

As an Investment Banker:

  • ChipMOS – 2004 follow-on
  • SMIC – 2004 IPO
  • Tessera – 2003 IPO
  • ChipPAC – 2002 follow-on
  • Ibis Technology – 2002 follow-on
  • Cree – 2001 follow-on
  • Rudolph Tech – 2001 follow-on
  • ASE Inc – 2000 U.S. IPO
  • AXT – 2000 follow-on
  • UMC – 2000 U.S. IPO
  • ASE Test – 2000 follow-on
  • Siliconware Precision – 2000 IPO
  • Brooks Automation – 2000 follow-on
  • Mattson – 2000 follow-on
  • EMCORE – 2000 follow-on
  • Nanometrics – 2000 follow-on
  • Photon Dynamics – 2000 follow-on
  • EMCORE – 1999 follow-on
  • Chartered Semi – 1999 IPO
  • Ibis Technology – 1999 follow-on
  • ASTeX – 1999 follow-on
  • Veeco Instruments – 1999 follow-on

Closed M&A Transactions

At Headgate Partners:

  • For Nanometrics:
    • 2009 cash acquisition of Zygo’s Semiconductor Solutions business
    • 2008 cash acquisition of Tevet
    • 2007 divestiture of DiVA product line
    • 2007 divestiture of CD-SEM assets and IP
    • 2006 cash acquisition of Soluris
    • 2006 stock acquisition of Accent Optical
  • For Intevac:
    • 2010 cash acquisition of Solar Implant Technologies
    • 2008 cash acquisition of Oerlikon’s disk media equipment business
    • 2007 cash acquisition of Creative Display Systems
  • For PDF Solutions:
    • Consulted on 2006 acquisition of Si Automation

As an Investment Banker:

  • Advisor to Boxer Cross (metrology equipment), sold to Applied Materials 2003
  • Advisor to New Vision Systems (process control software), sold to Inficon January 2003
  • Advisor to SEMY Engineering (process control software), sold to Brooks Automation 2001
  • Advisor to Obsidian (CMP equipment), sold to Applied Materials 1999
  • Advisor to AG Associates (RTP equipment), sold to Steag Microtech 1999

Completed Private Placements

  • Applied Photonics (FPD laser cutting equipment) – $7 million closed October 2005
  • Innovative Micro Technologies (MEMS foundry) – $17 million closed January 2005
  • n&k Technology (semiconductor metrology equipment) – 1999
 

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