Drake Star Partners Announced it Won Two Awards at the M&A Advisor Ceremony in London
The investment banking firm Drake Star Partners scoops up the “Transaction of The Year (over £50mm – £75mm)” award and the “Energy Deal of the Year” award during M&A Advisor’s 2nd EMEA Corporate Growth Summit, held in London.
The firm earned these top honors for its role in the majority purchase and equity growth funding of Acrolinx by Genui Partners and in the acquisition of NewMotion by Shell respectively.
Ralf Philipp Hofmann, Managing Partner and member of the firm’s Global Executive Committee was at the M&A Advisor’s awards ceremony to accept the Transaction of The Year award, having led the Acrolinx transaction. He commented: “We are honored to receive this recognition, especially coming from such an industry staple like the M&A Advisor and its judging panel. […] We are thrilled to have supported an innovative growth tech company like Acrolinx in achieving its goals, and to have M&A Advisor not only acknowledge the quality of our work as dealmakers but also recognize the trend-setting nature of this transaction involving the use of AI in enterprise content creation.”
After leading the NewMotion transaction for Drake Star Partners, Frank Verbeek, Managing Partner, was present in London to collect the Energy Deal of the Year award. He commented: “We are humbled to receive yet another award for this landmark, cross-border deal. M&A Advisor’s recognition of this transaction as the Energy Deal of The Year is further proof that the future of mobility is truly electric and that oil & gas companies like Shell are currently on the lookout for innovative solutions to accelerate their transition towards low-carbon transport. We see strong cross-border activity within this sector, with many more EV companies eyeing such growth opportunities and believe that Drake Star Partners is ideally positioned to support more companies operating in the EV space, along with their growth objectives.”