The Team

David J. Smat – Managing Director

(312) 262-7734

David J. Smat is a Managing Director at The Peakstone Group where he is responsible for transaction origination and execution with a focus on the telecommunications, information technology and cloud services sector.

A 25 year plus industry veteran, David focuses on supporting the firm’s telecommunications and technology services clients, drawing on his experience and expertise to partner with clients to achieve their short and long-term business and financial objectives.

David’s experience and accomplishments span a 12-year career at AT&T where he held senior executive sales leadership positions building, managing and growing organizations supporting telecommunications services, IT service provider and systems integration customers.  During his tenure at AT&T, David was a member of the negotiating team that successfully completed AT&T’s acquisition of IBM’s Global Networking business in a $6 billion dollar transaction.

As an entrepreneur and business owner, David has led and grown numerous companies in the sector to achieve and exceed their business objectives via both organic and acquisition based efforts.  David has extensive experience leading companies that deliver services and solutions around the globe to commercial customers in small, middle and large enterprise markets and to the US Federal Government.

Under David’s leadership, his firms were awarded multiple million dollar plus contracts with various entities of the US Federal Government including the United States Department of Defense and other US government entities as both a prime contractor and as a subcontractor to with companies such as Level3 Communication’s Federal Division.

Firms David led acquired multiple companies across the US that provided managed information technology and cloud services.

David’s experiences span the entire spectrum of acquiring, building and divesting businesses.   Under David’s leadership, he has led firms recognized in Crain’s Chicago Fast 50 list as the fastest growing firms in Chicago.

David earned his MBA from the Weatherhead School of Management at Case Western Reserve University and his Bachelor of Science in Marketing from the University of Illinois at Chicago.   He resides in Chicago, IL with his wife and three children.  He and his family are avid fans of all things related to the sport of ice hockey.