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Mohit Pareek, CFA, Promoted to Partner: Further Strengthens Drake Star’s Leading Position in Sports Tech & Digital Media M&A and Advisory

05 Jun 2025

Los Angeles, New York | June 5TH 2025 – Drake Star is delighted to announce the promotion of Mohit Pareek, CFA to Partner at the firm. Mohit is an award-winning investment banker with over 15 years of experience specializing in tech M&A and corporate finance advisory, with a particular focus on sports and digital media transactions. Based in Drake Star’s Los Angeles office, he has established himself as a leading advisor in the industry, successfully guiding numerous high-profile M&A and financing deals in sports tech, gaming, esports, and broader digital media.

The promotion further strengthens Drake Star’s prominent position in Sports Tech & Digital Media M&A and Advisory and it reinforces the firm’s deep commitment to building, developing and retaining a team of world-class talent.

Some of the most notable transactions in which Mohit played a key role include the sale of Spiketrap to Reddit, Mob Scene to Connekkt Media, Echtra Games to Zynga/Take 2, FreshPlanet/SongPop to Vivendi/Gameloft, Nura to Denon/Sound United, Slightly Mad Studios to Codemasters, nWay to Animoca, Firefly Studios to Devolver Digital, Wildworks to Nazara, Lightstream to Xsolla, Tastypill to Azur Games, EyeEm to NewValue, Avira to Investcorp, and AvaFin to Capitec Bank, as well as financing for Cinder by Animoca. His strategic insight and execution excellence have consistently delivered exceptional value for clients across the globe.

Recently Mohit was honored with The Americas Rising Star Award at the 15th Annual Americas & Global M&A Atlas Awards. He is also a frequent speaker at industry events and is often quoted by tier-1 media publications as an expert in his focus coverage industries. Mohit is also the lead author of the Drake Star Global Sports Tech report and a co-author of the Drake Star Global Gaming Report that are published quarterly and covered extensively by major media publications, and highly followed by the wider venture capital, private equity, and CEO and founder ecosystems.

Reflecting on the promotion to Partner, Mohit shared: "I am deeply honored for this promotion and the confidence entrusted in me. Having built an industry-leading sports and media advisory practice, I am resolute in driving it to new heights, delivering transformative deals and exceptional outcomes for our clients. I am thrilled to continue partnering with industry leaders and colleagues in the sports and media community, relentlessly pursuing excellence and going for gold!"

"A big congratulations on this extremely well-deserved promotion – it’s a win not just for you, but for all of us who get to work alongside you both internally and externally", said Gregory Bedrosian, CEO & Managing Partner at Drake Star. He added: "Mohit’s promotion is a testament to both his personal accomplishments and the exceptional caliber of talent across our firm. We’re proud to be powered by such committed, skilled professionals who consistently deliver excellence for our clients."

Ralf Philipp Hofmann, Managing Partner & Co-Founder at Drake Star, commented: "We’re proud to announce Mohit’s well-earned promotion to our global partnership. At Drake Star, we believe in investing in our people, and it’s especially rewarding to see that investment reflected in career milestones like this. Mohit’s journey with us has been marked by outstanding professional development, deep subject matter expertise, strategic thinking, and an unwavering ambition to deliver for clients. Equally impressive is his character which is deeply respected by colleagues and clients alike. We’re excited to see him take this next step in leadership."

Julian Ostertag, Managing Partner & Co-Founder at Drake Star, added: "This promotion is very well deserved and a reflection of years of outstanding work, dedication, and impact. Having worked together for a long time, we’ve seen firsthand the professionalism, integrity, and expertise Mohit consistently brings to every client and every deal."

Michael Metzger, Managing Partner at Drake Star, leading the Los Angeles office, added: "Mohit’s deep expertise in Digital Media and Sports Tech has not only earned him recognition across the industry, but also played a key role in establishing Drake Star as a leader in these high-growth sectors."

With Mohit’s promotion, Drake Star continues to invest in exceptional talent in order to maintain its leadership position in Tech M&A globally and to deliver superior outcomes to its clients. This further bolsters the firm’s momentum as a leading global technology investment bank, distinguished by its senior-led execution model and deep commitment to founder success.

 

Contact details:

Gregory Bedrosian, gregory.bedrosian@drakestar.com

Ralf Philipp Hofmann, ralf.hofmann@drakestar.com

Julian Ostertag, julian.ostertag@drakestar.com

Michael Metzger, michael.metzger@drakestar.com

Mohit Pareek, CFA, mohit.pareek@drakestar.com

 

About Drake Star

Drake Star is an award-winning global tech investment bank that has completed over 500 transactions since 2003. The Drake Star global team of experienced professionals and senior advisors across offices in New York, Munich, London, Paris, Los Angeles, San Francisco, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Software/SaaS, HR Tech, Digital Services, FinTech, Digital Media, Industrial Tech, Consumer & Retail Tech and Mobility & Sustainability.

Drake Star 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 Razlin Ltd (FRN 730805), which is authorized and regulated by the FCA. © 2025 Drake Star Partners Limited.

*Partner Office

 

 

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