New York, NY (PRWEB) December 13, 2009
UNION SQUARE ADVISORS LLC announced today that Trip Wolfe will join the technology-focused strategic advisory firm as a partner in the Company’s New York and San Francisco offices.
Wolfe will both manage and continue to cultivate relationships in the venture capital and private equity communities, as well as cover the broader technology and media industries.
"Union Square Advisors unequivocally has the most talented investment bankers and industry expertise covering the technology and new media sectors. The combination of leadership, relationships and domain expertise make Union Square Advisors the preeminent advisor in the technology arena. The wealth of experience and talent is beyond that of any franchise today,” says Wolfe.
“While the equity capital markets will continue to be relevant to the best of breed technology stories, liquidity events in the IPO market currently and historically have been dwarfed by M&A alternatives. Over the last two years alone, there has been approximately 10 times the number of M&A exits for the venture community compared with liquidity events through the IPO market. As a result, my new role will enable me to provide unbiased advice and support to a much broader group of companies,” says Wolfe.
"Union Square Advisors has experienced significant growth in a short time period despite some of the most challenging market conditions in history,” says Wolfe.
“This volatile market has made access to high quality advice crucial. Trip’s venture capital and private equity relationships, coupled with his equity capital markets transaction expertise and market perspective will further enhance Union Square Advisors’ capabilities as the trusted advisor to technology companies,” says Carter McClelland, Chairman of UNION SQUARE ADVISORS.
Prior to joining UNION SQUARE ADVISORS, Mr. Wolfe was the Managing Partner at New Bridge Growth Partners ("NBG"), an advisory boutique focused on the technology, media and telecommunications ("TMT") industries. Prior to NBG, Mr. Wolfe spent over 12 years as an investment banking and equity capital markets (“ECM”) professional, most recently as a Managing Director and head of global TMT and business services ECM with Bank of America from 2007-2009. Prior to this, Mr. Wolfe was a Managing Director and head of equity origination at Jefferies & Company from 2005-2007 and head of technology ECM at Deutsche Bank from 2000-2005.
Mr. Wolfe started his career in 1997 as a health care investment banker at Smith Barney. During his 13 years in the securities industry, Mr. Wolfe has executed over 170 public and private equity and equity-linked transactions that have raised in excess $60B, including over 130 deals in the technology industry.
About UNION SQUARE ADVISORS LLC
UNION SQUARE ADVISORS LLC is a strategic advisory firm focused exclusively on the technology sector. The firm provides customized service offerings to the senior management teams of, investors in and boards of directors of technology companies, specifically in the areas of mergers & acquisitions, private capital raising and other strategic transactions. The firm was founded in 2007 by a group of top technology bankers who formerly ran some of the world’s leading bulge bracket technology practices, professionals widely regarded as seasoned experts in both their sector knowledge and transaction execution experience. Additional information about UNION SQUARE ADVISORS can be found at http://www.usadvisors.com.
Ted Smith, Partner
UNION SQUARE ADVISORS LLC
2 Embarcadero Center
San Francisco, CA 94111
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