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Drake Star Wins "Telecommunication Services Deal of the Year" at the 20th Annual M&A Advisor Awards

NEW YORK | November 23rd, 2021 – Drake Star has won “Telecommunication Services Deal of the Year” for the Private Placement of HMD at the prestigious 20th Annual M&A Advisor Awards Gala.

This adds to Drake Star’s trophy case of 12 previous M&A Advisor Awards and a total of 36 major recognitions since 2013 – including 10 “Firm of The Year” awards.

The Awards took place in conjunction with the 12th Annual Emerging Leaders Awards Gala at the prominent New York Athletic Club in midtown Manhattan. The ultimate recipients of the awards were determined by an independent judging committee of top M&A industry experts.

Gregory Bedrosian, Drake Star’s Managing Partner and CEO accepted the award on the firm’s behalf. He noted: “First, I wanted to recognize all award finalists who participated in this elite competition in the midst of these historic times. Drake Star’s award-winning transaction was truly ‘Silicon Valley meets Scandinavia’ as some of the world’s most prominent tech companies joined forces to invest in the growth and development of HMD in this landmark cross-border deal.”

Jack Dessay, lead Partner for the Private Placement of HMD commented: "We are honoured to be recognised with the ‘Telecommunication Services Deal of the Year’ award for our work advising HMD on their groundbreaking private placement.  We are delighted to have worked with HMD and help drive their next stage of growth. This gave us the opportunity to demonstrate our unrivaled technology industry expertise and deep relationships across all investor groups.”

“Given the backdrop of uncertainty, and the tremendous activity over the past year, these award finalists represent the finest deals and professionals within the M&A industry,” said Roger Aguinaldo, Founder of the M&A Advisor. “This period continues to be ripe with challenges, but also abundant with M&A activity. These professionals were able to navigate through a global pandemic, a distracting Presidential election and administration turnover, and a volatile economic turmoil, all the while executing transactions representing several hundred billions of dollars of enterprise value.”

Inquiries

For further inquiries please contact:

Gregory Bedrosian 
Managing Partner & CEO
gregory.bedrosian@drakestar.com | +1 212 508 7111

About M&A Advisor

Founded in 1998, The M&A Advisor has built a leading global network of M&A, turnaround, and finance professionals across domestic and international dealmaking. Recipients of its prestigious awards are among the most respected financial professional around the world. During the past two decades, M&A Advisor has established a legacy of showcasing emerging leaders, connecting pillars of the profession, and recognizing achievement throughout the community.

For more information, visit www.maadvisor.com.

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Gregory Bedrosian
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