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Redwood Capital and LD&A Jupiter Announce Definitive Merger Agreement to form Global Investment Bank, Drake Star Partners

NEW YORK | LONDON | PARIS | MUNICH | LOS ANGELES | BERLIN | AMSTERDAM | GENEVA | TOKYO | September 29, 2016 - Award-winning investment banks Redwood Capital (USA) and LD&A Jupiter (Europe) are announcing their merger to form Drake Star Partners, a leading independent and international investment bank focusing on the technology, media and communications sectors (TMC). The firm has offices in New York, London, Paris, Munich, Los Angeles, Berlin, Amsterdam, Geneva, and Tokyo.

Drake Star Partners brings together 60 seasoned professionals, an average of 20 years of experience per Managing Partner and a track record of 274 transactions combined since 2004, 70% of which are cross-border. The merger comes at a time of heightened year-on-year momentum, with 24 transactions completed to date in 2016, representing over $1 billion in transaction value.

Drake Star Partners advises high-growth companies, offering a wide range of M&A advisory and corporate finance services. Its TMC domain expertise and cross-border transactional experience, along with the technical know-how of bulge bracket investment banks uniquely positions Drake Star Partners as a growth partner to its clients worldwide.

Drake Star Partners is an independent investment bank owned by its Managing Partners and investors. The company is co-led by Gregory Bedrosian (Co-CEO & Managing Partner) in New York, and Marc JR Deschamps (Co-CEO & Managing Partner) in London.

Marc JR Deschamps, Co-CEO at Drake Star Partners, commented: “We are delighted to announce the merger and the launch of Drake Star Partners. The merger of our two top-tier US and Europe firms comes at a time of continuous strong M&A and investment momentum driven by many global, life-changing technology trends. From digitalization, industry 4.0, cloud services and analytics, to augmented reality, FinTech, HealthTech, cybersecurity or AdTech, all industries are affected by these trends. With offices in seven countries, we now offer our clients one international team of TMC and global sector experts, delivering deep industry transactional knowledge.”

The merger also highlights an important step in both companies’ strategy. “Our global focus grants us unique access to an extensive network of multinational corporations, financial investors, as well as promising growth stage companies”, noted Gregory Bedrosian, Co-CEO at Drake Star Partners. “As we witness an increase in cross border transactions, we are now even better positioned to drive international M&A and investment trends, and offer clients our expansive international reach and scale, along with the best possible level of service backed by execution knowledge on a global level.”

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, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo. The firm focuses on M&A and corporate finance for its clients worldwide. Prior to forming Drake Star Partners, LD&A Jupiter and Redwood Capital completed over 274 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 are transacted through RCG, LLC. In the USA, RCG, LLC is regulated by FINRA and is a member of SIPC. © 2016 Drake Star Partners.

www.drakestar.com

Disclaimer

LD&A Jupiter and Redwood Capital have signed definitive agreements to merge to form Drake Star Partners. The merger is subject to regulatory approval and other customary closing conditions.

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Full
Biography
Gregory Bedrosian

Managing Partner & CEO, Member of the Executive Committee

Consumer & Retail Tech

Digital Media

Digital Services

New York

Full
Biography
Ralf Philipp Hofmann

Managing Partner, Member of the Executive Committee

Software/SaaS

Digital Services

Munich

Full
Biography
Julian Ostertag

Managing Partner, Member of the Executive Committee

FinTech

Software/SaaS

Munich

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