Mitch Garber (born September 5, 1964) is a Canadian business and philanthropic executive. He is the Chairman of the Canadian Investment, a government agency in charge of attracting, facilitating and negotiating foreign direct investment (FDI) to Canada. He is an active private equity co-investor with TPG Capital and Apollo Global Management. He is the Chairman, and co-investor of Cirque du Soleil, a TPG Capital company, since the acquisition of $ 1.45B in 2015. He is a Co-investor and Board member of Rackspace, an Apollo Global Management company, since they took $ 4.3B private transactions. He is co-investor and adviser to Career Builder, the Apollo Global Management company, since their 2017 acquisition. He is a former Co-founder, Chairman and CEO of Caesars Interactive Entertainment, and former Nasdaq CEO enrolled Caesars Acquisition Company. He studied at Bialik High School, McGill University (BA '86) and University of Ottawa (Law '89), and received a Honorary Doctorate from the University of Ottawa in 2017 (www.vimeo.com/mitchgarber/doctorate).
Video Mitch Garber
Karir Awal: SureFire/Pembayaran Terra/Pembayaran Optimal/FireOne
After obtaining a degree in Industrial Relations from McGill University and a law degree from the University of Ottawa, Garber entered into law in Montreal at the Lazarus Charbonneau firm from 1990-1999. Garber left Lazarus Charbonneau in 1999 to pursue his business career at SureFire Commerce Inc., an online payment processing pilot company he helped create.
In 2003 Garber engineered the merger of SureFire, then named Terra Payments Inc., with Optimal Group Inc., a robotics maker listed on NASDAQ and related equipment to form Optimal Payments, Inc., where he became CEO. In 2005, Garber led the spin-off of FireOne Group Plc from Optimal Payments and then floated FireOne at AIM London Stock Exchange, serving as Executive Chairman. Optimal Group's share price increased by about 300% during its three-year tenure as CEO from 2003-2006.
In 2017 led by founding founder Joel Leonoff, Paysafe Group, sold to CVC Capital Partners and Blackstone for 3.9 billion dollars.
Maps Mitch Garber
PartyGaming Plc
In 2006 Garber became CEO of Party Gaming Plc, which at the time was the world's largest publicly traded game company with market capitalization, revenue, and player liquidity. He led the company until leaving to return to Canada in 2008.
Caesars
In 2013, Garber became CEO of Caesars Acquisition Company (CACQ), a registered branch of NASDAQ's Caesars Entertainment. In addition to CIE and CIE's assets - the World Series of Poker, the US regulates real-money online gaming businesses, and Playtika - other assets CACQ controls include several Las Vegas hotels and casinos, especially Planet Hollywood, The Cromwell, The LINQ, Bally's, Paris, and outside Las Vegas, Horseshoe Baltimore and Harrah's New Orleans.
Playtica
While the CEO of CIE, Garber discovered a recently established Israeli startup called Playtika. Founded in Tel Aviv in 2010, Playtika is the pioneer of social and mobile freemium games. In 2011, Garber led the CIE acquisition of Playtika. After that, Garber leads the acquisition of the next three social gaming companies: Buffalo Studios in 2012, maker of Bingo Blitz , the Montreal-based Electronic Arts World Series of Poker (Social) studio in 2013, to whom CIE has previously licensed WSOP social and mobile gaming rights, and Pacific Interactive in 2014, the maker of House of Fun . Through this acquisition, Garber put Playtika as one of the leading social and mobile game developers in the world. During 2011-2015, Playtika, led by Israeli game guru Robert Antokol, grew from 15 employees to more than 1,300 in 12 global offices.
On July 31, 2016, CIE announced the sale of Playtica to a Chinese consortium involving Giant Interactive Group, one of China's leading game companies, and Yunfeng Capital, Alibaba founding private equity firm and CEO, Jack Ma, for $ 4.4 billion. After acquiring Playtika in 2011 for approximately $ 100 million, Garber made it one of the most successful acquisitions in the social and mobile gaming industry, returning around 44x of investment. On August 8, 2016, this is the third largest sale in Israel's history.
He left Caesars on October 6, 2017 after overseeing a successful merger (CACQ) and Caesars Entertainment.
Cirque du Soleil
In 2015, Garber became Chairman of Cirque du Soleil following the purchase of entertainment companies by TPG Capital, Chinese private equity firm Fosun International and Caisse de dà © Ã… © pÃÆ'Â't et placement du QuÃÆ'  © bec, Canada's second largest pension fund. Garber invested in the deal, making him the owner of a part other than as Chairman.
Invest in Canadian Agency
In March 2018 he was appointed Chair of the Canadian Investment Board, a federal government agency assigned to promote and facilitate foreign investment into Canada (FDI). FDI currently reaches about 800 billion dollars.
Philanthropy
Together with his wife, Anne-Marie Boucher, Garber does a great amount of time and money for philanthropy. Some of the philanthropic initiatives Garber and Boucher have and are currently involved are:
- Garber is the Joint Chief of the $ 55 million Centraide campaign in Montreal
- Garber is the Chair of the Faculty Advisory Board of the McGill University School of Medicine
- Garber has worked with Renà ©  Angelil and CÃÆ'  © Dion line to raise funds for Cystic Fibrosis research
- Boucher and Garber founded The Garber Family Post Doctorate Fellowship in Hereditary Cancer at McGill's Faculty of Medicine
- Garber is a protector and helper for Aleh Jerusalem and Aleh Negev hospitals in Israel and Boucher is a Board Member
- Garber is the protector of St. Hospital. Mary and Boucher are Board Leaders
- Garber is the protector and contributor of the Weizmann Institute in Israel and Boucher serves on the International Council
- Garber is a guardian of the Western Wall Heritage Foundation in Israel
- Garber and Boucher are CIJA customers and have organized missions for non-Jewish business and political leaders to visit, learn about, and experience Israel
- Garber is a patron and contributor to Lower Canada College, where his two children attend school, and Boucher serves six years on his Board
- Garber is a member of the Montreal International Council, the board of commissioners and business leaders promoting foreign investment in Montreal
Latest television and media
In 2015 Garber joined the cast of the hit CBC from France-Canada, the Dragons' Den , called Dans l'Oeil du Dragon , became his first Anglophone judge..
In 2016, Garber was profiled by the award-winning W5 news television series.
In 2016, Garber discusses Cercle Canadien about business and politics [1]
In 2016, Garber praised business icons and friends Renà © à © AngÃÆ'Ã… © lil at his Las Vegas funeral ceremony [2]
In 2017, Bloomberg placed Garber as the 7th highest-paid executive in America, with total annual compensation estimated at $ 91 million, in addition to the likes of Tim Cook and Elon Musk.
Note
External links
- MitchGarber.com
- http://www.ctvnews.ca/w5/mitch-garber-rose-from-humble-beginnings-to-head-up-a-2-5-billion-empire-1.2773973
Source of the article : Wikipedia
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