Matrix Capital Markets Group added David Corbett, CFA, as a director in its downstream energy and convenience retail investment banking group while also promoting Kyle Tipping to associate. 

Corbett 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 served as an investment banker at Raymond James & Associates and Morgan Keegan & Company. He is a CFA charter-holder and member of the CFA Institute and the CFA Society Atlanta. 

Tipping has been a member of Matrix’s downstream energy and convenience retail investment banking group since 2017. During that time, he has assisted on eight 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 served as a research analyst at JoycePayne Partners. He has 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. 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,” Spencer Cavalier, co-head of Matrix’s downstream energy and convenience retail investment banking group, said.