Frank quattrone hands tech bank ceo reins to george boutros. Qatalyst partners shuts private capital raising practice. Ian macleod joins qatalyst group as partner and head of global software. Advent has more than 4,300 customers including asset managers, hedge funds, fund administrators, prime brokers, family offices and wealth management advisory firms, located across more than 50. Unlock premium data with databoost patents and trademarks by ipqwery. Evercore names stokes as senior md for tech banking group.
Advent software hires qatalyst partners to explore sale, reuters says. Potential catalyst includes increased dividend payout in the future. Advent software reports fourth quarter and full year 2014. Adam holt to join qatalyst group as partner business wire. Qatalyst partners is ranked 1,986,619 among websites globally based on its 7,078 monthly web visitors. Advent software is best known to rias for its axys and apx. Qatalyst partners is a global, independent investment bank that provides high impact strategic and financial advice to senior management and boards of established and emerging technology leaders. Reuters advent software hires qatalyst to explore sale. Ssnc, a leading global provider of financial services software and software enabled services, today announced it has completed its acquisition of advent software, inc. In 2015 alone, a record high for mergers and acquisitions of u. Movestechnology investment bank qatalyst hires zweig from. Jeff joined qatalyst in june 2011 and is cohead of its enterprise software group.
Advent software hires qatalyst partners to explore sale, reuters says home. Evercore has hired tom stokes as a senior managing director for its technology banking group. Advent software is for sale, with frank quattrone as the sales agent, reports say the owner of black diamond is well along in the process of seeking someone to take it private, according to a reuters report and anonymous riabiz sources. Prior to joining qatalyst, jake worked in the tmt investment banking group at deutsche bank. He founded qatalyst in march 2008 and has his offices at embarcadero center. Advent software reportedly is reportedly being shopped around by frank quattrone and qatalyst partners, generating interst mostly from private equity. Advent software inc 10151 deerwood park blvd, jacksonville. Advent software announces update to its platform for asset. Previously, stokes worked at goldman sachs where he served as a. Advent software inc, an accounting software company, is exploring a sale and has hired frank quattrones investment bank qatalyst partners to lead the effort, several people familiar with the.
Qatalyst partners lp, the silicon valley investment banking boutique focusing on technology deals, has decided to shut down its dedicated private capital raising practice after failing to. Advent, a leading provider of software and services for the global investment management industry. Quickpro canvas software trade canvas printing software. Advent software has limited concentration risks, given its diversification with respect to both clients and products. Apply to software engineer, full stack developer, intern and more. In addition to the parties mentioned above, other strategic parties and financial sponsors reached out to arbor andor qatalyst following the bloomberg article on june 6th. Its especially rough for qatalyst, who have made their name as a sellside advisor. While at qatalyst, jake has advised advent software on its sale to.
Advent offers software products and services for automating and integrating data and. Qatalyst partners is a global, independent investment bank that provides high impact strategic and financial advice to senior management and boards of established and. Qatalyst partners opinion was provided to the board of directors and. Advent software being shopped by qatalyst partners. Prior to joining qatalyst, jeff was at goldman sachs, in the technology, media and telecom group, focusing on both strategic and corporate finance advisory. Since beginning the process, arbor and qatalyst have held discussions with 14 parties.
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