Drake Star Partners goes San Francisco
Drake Star Partners, a Mountain Partners portfolio company, announced the opening of its new office in San Francisco. Furthermore, the expanding global investment bank reported a record first half 2017 with 18 successfully closed transactions.
Technology, Media and Communications global investment bank Drake Star Partners announced today the opening of its new office in San Francisco. In line with the firm’s global growth strategy, this latest office opening further shows Drake Star Partners’ expanding footprint in prominent tech markets internationally. San Francisco represents Drake Star’s tenth office, adding to existing offices in New York, London, Paris, Munich, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo.
Furthermore, the global investment bank reported a record first half 2017 when compared to its H1 2016. The firm has successfully closed 18 transactions in 2017 year-to-date against 14 deals closed over the same period in 2016 (on a total of 28 transactions in 2016).
These transactions contribute to cement Drake Star’s position as a leader in global M&A and fundraisings for the technology, media and communications (TMC) growth and mid-cap sectors.
“Entrepreneurs come from diverse backgrounds: they have ideas and business models designed to change the world – not just local markets”, noted Gregory Bedrosian, Co-CEO at Drake Star. He continued: “We believe in a new type of investment bank, one that can rapidly deploy its extensive network of corporate and financial investors, but that also bears a genuine understanding of core strategic and transactional considerations. As such, we have developed a unique investment banking platform, with innovative processes, a unique culture and an international talent pool that is committed to all our clients’ growth objectives, whether they are entrepreneurs, financial investors or multinational corporations.”