Born in New Orleans, LA, Chapman Ducote moved to Miami in the early 1990s where attended and graduated from the University of Miami in three years. Immediately thereafter he accepted an investment banking position (in corporate finance) with Jeffries & Company. During this time, he worked in both Houston and New York, where he became a Series 7, 63 and 65 licensed professional at age 22. A year later, he went on to equities trading with CIBC Oppenheimer.
In the late 1990’s, recognizing the frothy NASDAQ and S&P markets, Ducote became extremely intrigued with real estate development. He returned to South Florida and began his own business ventures which include a series of successful real estate development deals (projects including the Brooklyn Hotel, the Pelican Garage, Iguana Point, and Coral Cay – a private island in the Bahamas). In addition, he had also done a fair amount of real estate speculation and investment during this period.
In 1994 and enduring throughout this foray into the business world of investing and developing, Chapman pursued a true passion: racing on a professional level. Over the years, Chapman had won or podiumed several of the most competitive races in the American Le Mans Series (European Le Mans Series, Rolex Grand Am Series and the IMSA WeatherTech Championship). To this day, Chapman continues to race at a professional level and weaves the world of motorsports into his business world where opportunities present themselves.
Perhaps through racing and Chapman’s involvement and connections in motorsports, he founded Merchant Services LTD, a full scale, vertically integrated credit card processing company headquartered in the heart of Miami Beach in 2005. While Chapman was CEO and President, Merchant Services LTD it had grown to over 500 employees and is a tier one merchant service processor that is certified by Visa/MasterCard and is a leading provider of merchant processing solutions and products nationwide. Following a successful merger and subsequent sale to Private Equity, Chapman stepped away from the merchant processing business to focus on new business ventures.
However, prior to the sale of Merchant Services, Chapman had successfully exited another company he was a founding member of, Loop Pay. Loop Pay, which he sold to Samsung in 2016, is known today as Samsung Pay.
During his time growing Merchant Services LTD, Chapman began endeavors with Delta Carbon Yachts in 2013. He took on a position as the Director of Americas for the Swedish yacht building company, Delta Powerboats. One may say his love for racing and appreciation for carbon fiber is what pulled him towards the carbon fiber yacht building company, and he created Delta Carbon Yachts in south Florida. Chapman grew up on the water, and living in south Florida, also spending a significant amount of time in the Bahamas for his entire adult life, has developed a skill in free-diving and spearfishing.
While Chapman lived in Miami, he demonstrated his love for the arts through his commitment to the Miami Beach community and his service on the Board of Directors of the Miami Symphony Orchestra & benefactor of the Perez Art Museum Miami.
Chapman has been a member of the Young Presidents Organization (YPO) since 2016.
Outside of racing and work at his offices in south Florida and Aspen, Chapman enjoys a long list of extreme adrenaline pumping hobbies: Snowbiking, snow boarding, spearfishing, free driving, extreme mountain hiking, and enduro motorcross. Chapman Ducote has set a personal free-diving record by diving 128 feet on a single breath of air.
Today, Chapman has turned his business attention back to the world of real estate investing and development as well as private equity style investing in various business sectors.