News

Drake Star Partners Announces Senior Promotions in its New York and London Offices and also Launches its Drake Academy Initiative

NEW YORK, LONDON | February 5, 2018 – Technology, Media and Communications global investment bank Drake Star Partners announced today the promotions of Jeff Baker to Managing Partner at the firm’s New York office and of Kasper Kruse Petersen to Partner at the firm’s London office. These latest promotions reflect the firm’s commitment to talent and growth.

Since joining the firm in 2016 as a Partner, Jeff Baker has led the closing of 5 midcap transactions in the IT Services space including NexusTek’s recapitalization with Abry Partners, Abacus Group LLC’s minority growth investment from WestView Capital Partners and Coretelligent’s private placement from VSS. Over the past year, he has also contributed to recruiting and building up Drake Star’s deal team in the US.

Kasper Kruse Petersen joined the firm’s London office as a Principal in 2013, and has led the closing of 6 transactions focused on FinTech and Marketing Technology, with most notably the private placements for Tradeshift and ZappiStore, and Dialogue’s sale to CLX Communications. Since joining, Kasper also led the London team of analysts and associates in their day-to-day operations.

Jeff Baker, Managing Partner at Drake Star Partners, commented: “I’m excited about receiving this recognition and look forward to providing superior results for our clients. Our firm’s sector expertise allows us to drive value for our clients and consistently close transactions at industry leading valuations. Drake Star Partners offers an inviting work environment that champions professional growth and development at all stages and I look forward to continuing my career as a Managing Partner.”

Kasper Kruse Petersen, Partner at Drake Star Partners, added: “London is at the helm of a digital revolution, harnessing the very best from robo-advisory solutions or programmatic native advertising. For the past five years, we have been at the center of this technological revolution in FinTech and Marketing Technology, working with exciting digital growth companies. I am thrilled to have my work at Drake Star recognized at this level and look forward to building on our sector expertise.”

Click here to read Jeff Baker’s full bio. Click here to read Kasper Kruse Petersen’s full bio.

Drake Star Partners launches Drake Academy

The firm continues to invest in new talent by launching Drake Academy – a worldwide, continuous talent development initiative. Drake Academy is designed to promote personal growth and development by maximizing the skillset of all within the firm, with a special focus on junior staff.

Presented by guest speakers including reputed corporate lawyers, fund partners and industry executives in collaboration with training provider AMT Training (Adkins Matchett & Toy - www.amttraining.com), Drake Academy’s content focuses on investment banking skills (financial modelling, valuation, financial statement analysis, deal structuring, etc.), sector ecosystem reports and analyses, along with leadership & managerial proficiencies. Used by global bulge bracket investment banks, private equity firms, business schools and management consultancies, AMT Training is a leading global financial training organization delivering core financial modelling and valuation skills.

Marc Deschamps, Managing Partner and Co-CEO at Drake Star Partners, commented: “From a talent acquisition’s perspective, 2017 has been one of our busiest years thus far, with 3 partner recruits, 10 new team members and 4 senior advisors, totaling 72 Drake Star employees worldwide. While we look to expand our partner base even further in 2018, we wanted to instill a program that would retain, foster and strengthen existing talent, especially among our younger (and growing) workforce.”

Enquiries

For further enquiries contact
Jeff Baker
Jeff.Baker@drakestar.com

Kasper Kruse Petersen
Kasper.Petersen@drakestar.com

For further enquiries on Drake Academy, please contact:

Marc.Deschamps@drakestar.com

About Drake Star Partners

Drake Star Partners is a global investment banking firm serving the technology, media and communications sectors (TMC) with offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo. The firm focuses on M&A and corporate finance for its clients worldwide. Drake Star Partners has completed over 300 transactions since 2004, 70% of which are cross-border.

Drake Star Partners is the marketing name for the global investment bank Drake Star Partners Limited and its subsidiaries and affiliates. In the USA, all securities in the USA, are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. © 2016 Drake Star Partners.

Inquiries

For further inquiries, please contact:

Full
Biography
Kasper Kruse Petersen

Partner

FinTech

Software/SaaS

London

Region

Get In Touch

Please search by region and sector so we can point you to the right member of our team.