When it comes to business advice, Bob Kipps goes ‘Godfather’
Generally, Bob Kipps is the guy who’s going to tell you where there’s a good merger or acquisition deal to be had.
As the managing director and co-founder of Tysons-based investment bank KippsDeSanto & Co., Kipps has advised companies on more than $17 billion worth of M&A deals since opening the firm in 2007. But he found himself on the other end of a megadeal in August, when Capital One Financial Corp. acquired his firm to open a new avenue of investment banking that the larger financial giant, also based in Tysons, had yet to pursue. Terms of the 2019 deal were not disclosed.
Months into the new marriage, Kipps said he is already feeling the benefits of being part of a major business enterprise. We sat down with him to talk about what the M&A market looks like in 2020 for government contracting and where he feels at home, when away from the boardroom.