Matrix adds director, promotes analyst

Matrix Capital Markets Group Inc. hired David Corbett as a director and promoted Kyle Tipping to associate.

Corbett

Corbett joined Matrix’s Downstream Energy & Convenience Retail Investment Banking Group. He has more than 15 years of experience advising companies in the downstream energy and multi-site retail sectors, including convenience retailing, petroleum marketing and distribution, propane distribution, heating oil distribution, lubricants distribution, petroleum logistics, terminals and car washes.

Prior to joining Matrix, Corbett was an investment banker at Raymond James & Associates and Morgan Keegan & Co., focused on the downstream energy and convenience retailing sector.

He received a bachelor’s degree in journalism with a concentration in public relations from the University of Georgia and a master’s of business administration from Georgia State University. He is a chartered financial analyst (CFA) and member of the CFA Institute and the CFA Society Atlanta.

Tipping

Tipping has been a member of Matrix’s Downstream Energy & Convenience Retail Investment Banking Group since 2017. During that time, he has assisted on eight successful engagements, including the sale of Petr-All Petroleum and Apache Oil, as well as Giant Eagle’s acquisition of Ricker Oil.

Prior to joining the firm, Tipping was a research analyst at JoycePayne Partners. He received a bachelor’s in mathematics and economics from Washington and Lee University. He has also successfully completed the CFA Level III exam and will be eligible to receive his charter upon application approval by the CFA Institute.

“We are very excited that David has joined Matrix, as he brings a tremendous amount of additional industry transaction experience and knowledge to our team,” says Spencer Cavalier, co-head of Matrix’s Downstream Energy & Convenience Retail Investment Banking Group. “Kyle has been a very strong contributor as an analyst, and his promotion is well deserved. We look forward to his continued growth at Matrix and service to our downstream energy and convenience retail clients.”