NEW YORK | July 26, 2021 – Global tech investment bank Drake Star Partners announced today that Steven Dana is joining the firm as Partner.
Steve brings more than 18 years of experience in investment banking with focus on Industrial Tech and Software and has advised clients on transactions totalling more than USD 15 billion.
Based in Drake Star Partner’s New York office, Steve will focus on accelerating and expanding Drake Star’s Industrial Tech footprint in North America, whilst assisting on a global basis the firm’s established presence across Europe and its growing activity elsewhere worldwide. Steve has ample experience in multiple key subsectors such as supply chain automation, robotics, IoT, and digital manufacturing.
Prior to joining Drake Star, Steve was a Director at DC Advisory, where he led the firm’s Industrial Tech vertical in North America. Steve was also Director at FTI Consulting a global advisory firm focused on the strategic, operational, and capital needs of businesses.
Steve has advised clients on landmark deals including Battery Ventures' investment in Robotiq, Sungwoo Hitech’s investment in Adasky, Level Equity’s investment in CloudCheckr, Long Ridge Partners' investment in Broadway Technology, ION’s acquisition of MarketFactory, as well as the restructuring of Delphi Automotive and Kmart.
“I’m driven by a passion to help entrepreneurs build businesses that will shape the future. Drake Star, with its impressive team and momentum, is the ideal platform to combine with my sector expertise to better serve our clients around the world” stated Mr. Dana.
Commenting on Steven Dana’s appointment, Gregory Bedrosian, Managing Partner and CEO of Drake Star Partners, said: “Steven brings a wealth of experience to our global team. His sector knowledge in Industrial Tech and Software coupled with his deep understanding of the key value drivers for companies, ecosystem of investors and buyers in these verticals, will prove to be immensely valuable to Drake Star Partners and to our clients globally, especially as we propel our firm into its next growth stage.”
Marc Deschamps, Managing Partner and Executive Chairman, added: “We have never lived such a level of corporate finance activity in Industrial Tech. The emergence of industrial robotics, AI applications, IoT, data analytics are just some of the key enablers responding to important needs in the industry. Therefore, we foresee an important increase in valuations and in M&A activities within the sector.”
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About Drake Star
Drake Star is an award-winning global tech investment bank that has completed over 400 transactions since 2003. Drake Star team of over 100 senior professionals across offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, Geneva, Dubai*, and Singapore* focuses on mergers & acquisitions and corporate finance services worldwide in Consumer & Retail Technology, Digital Media, FinTech, Mobility & Sustainability, Software/SaaS, Digital Services, and Industrial Tech sectors.
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 are transacted through Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorized and regulated by the Financial Conduct Authority. © 2016 Drake Star Partners Limited.
For more information, please visit www.drakestar.com.