Deal Alert: Silicium Security & EMC Corporation
October 24, 2012
Leveraging our deep domain expertise in security and enterprise software, J. Moore Partners was the exclusive financial advisor to Montreal-based Silicium Security, on its acquisition by the RSA division of EMC Corporation. Silicium’s technology will become an integral part of the RSA Advanced Cyber Defense Services, utilized as an incident response tool set to detect and contain advanced targeted endpoint attacks.
“With their exclusive focus on technology and solid cross-border transaction experience, J. Moore Partners was the right financial advisor for us,” said Pascal Longprè, Founder of Silicium Security. “They gave us access to their extensive network, and helped us evaluate various options throughout the M&A process, while providing solid advice on valuation and timing.”
J. Moore Partners Establishes Operations in South Korea
October 16, 2012
Korean Technology Investment Expert, David Oh, is Named Managing Director and Leads Efforts in Asia. He will advise technology clients on mergers and acquisitions, financing options, and international expansion.
J. Moore Partners, the independent technology-focused investment bank based in San Francisco, today announced its expansion to Asia with the opening of a new office in Seoul, Korea.
“We are pleased to be the first US technology M&A advisory firm to open an outpost in Seoul,” said Managing Partner and Founder Jim Moore. “We have several clients based in Asia who appreciate our support on the ground, and we are able to act as a bridge to Silicon Valley with our strong network of investors and corporate strategic partners.”
South Korea ranks third in the world in terms of technology innovation according to the Cologne Institute for Economic Research. According to The Next Web, 67% of the Korean population owns a smart phone. Revenue from mobile downloads is expected to reach $58 billion globally by 2014, a tenfold increase from 2010, according to researcher Gartner (IT).
Before joining J. Moore Partners, Oh was the CEO and Managing Partner of IDG Ventures Korea, where he managed a $100M fund focused on early stage companies. He was responsible for investments in startups operating in sectors such as internet/mobile, software, and social/online gaming. Oh also served on the board of seven portfolio companies. Prior to IDG Ventures, Oh was a Managing Director of North Asia at International Data Corporation, a US market intelligence firm specializing in information and communication technology.
He was responsible for direction and daily operations of Asian operations in China, Korea and Taiwan. He initially joined IDC in Mountain View, California as a Director in 1996 and began overseeing the Korean operations in 1997. Preceding IDC, David was a Regional Director at Dataquest/Gartner Group in the Asia Pacific region and was responsible for conducting market research and analyzing the computer systems and software industry.
His professional career also includes time at ResearchAsia, as well as Samsung Electronics. He currently serves as Vice Chairman of the Angel Investor Forum and is a mentor to Sprout Forum Startups. “I am thrilled to join J. Moore Partners to build out their operations in Asia. The market is underserved, and I look forward to bringing the experience of Silicon Valley to this place of budding innovation,” said Oh. “We are particularly interested in opportunities in the mobile and gaming sectors.”
Additionally, the firm has added analyst Kristy Kim, a Seoul native, to the San Francisco office. She will support cross border advisory work, transaction efforts, and business development with deals generated in Asia.
The Asia expansion closely follows the Firm’s extension to Europe and, subsequent appointment of Ben Powell as Managing Director and Head of European operations in July 2012, as well as, the opening of a Washington D.C. office, and the subsequent appointment of Kathryn Stewart as Managing Director and Head of East Coast Operations in April 2012.
J. Moore Partners Opens European Headquarters in London
July 10, 2012
Technology M&A Advisory Firm Names Education Technology Authority, Ben Powell, as Managing Director and Leader of European Operations
J. Moore Partners, the independent technology-focused bank based in San Francisco, announced its European expansion today with a new office located in London at 69 Old Broad Street. The Firm appointed Ben Powell as Managing Director for the UK. He will advise technology clients globally on mergers and acquisitions, as well as financing, and lead the Firm’s coverage of education technology.
“We have always had several software and Internet clients in Europe, as they appreciate our tech experience and ties with Silicon Valley,” said Managing Partner and Founder, Jim Moore. “Ben is the ideal person to lead our European expansion because of his ed tech domain expertise, coupled with a broad global network of strategic and institutional investors. He also has meticulous deal execution skills, as I experienced when we worked together on a divisional spin out with Riverdeep.”
Prior to joining J. Moore Partners, Powell specialized on high valuation deals in corporate development at Houghton Mifflin Harcourt (HMH). His dedicated expertise assisted in the growth of HMH to one of the largest publishing firms in the United States with an annual turnover of $2 Billion. Powell started at HMH during its inception as Riverdeep, and he played a key role in the $3.4 Billion acquisition of Houghton Mifflin Company in December 2006. He later advised in the $4 Billion acquisition of Harcourt Publishing Company. Previously, Powell spent 10 years with KPMG LLP in London and San Francisco, most notably serving as Director of Transaction Services advising corporate and private equity clients in mid-market M&A activities.
“Because of the widespread adoption of mobile devices, ubiquitous bandwidth, and increased usage of Internet, we are seeing a slew of new educational technology companies budding up,” said Powell. “As the leader of the education technology practice, we are researching and identifying the software and Internet solutions that are transforming education, reenergizing the learning experience, and that have the potential to scale quickly.”
The European expansion and addition of Powell closely follows the opening of a Washington D.C. office, and the subsequent appointment of Kathryn Stewart as Managing Director and Head of East Coast Operations in April 2012. Earlier this year, J. Moore Partners closed two high-valuation deals comprising HBGary’s acquisition by ManTech International and Manticore Technology’s merger with Sales Engine International.
Deal Alert: Manticore Technology & Sales Engine International
June 14, 2012
J. Moore Partners served as exclusive financial advisor to Manticore Technology, a leading SaaS marketing automation software platform, in its successful merger with Sales Engine International, a top B2B integrated marketing and sales acceleration company. The combined resources will allow clients to better leverage their marketing programs, manage sales pipelines, and measure results closing the gap between marketing automation and closing sales. Through innovations in service automation, cloud computing, predictive analytics and CRM solutions, Manticore is transforming the speed and quality of business practices.
J. Moore Partners Opens East Coast Office as Part of U.S. Expansion
Growing Technology M&A Advisory Firm Names Kathryn Stewart as Managing Director and Head of East Coast Operations
April 5, 2012
J. Moore Partners, the technology-focused investment bank, announced today that it opened offices in the Washington DC area with Kathryn Stewart at the helm as Managing Director. She will advise technology clients globally on mergers & acquisitions and financing, connecting them with J.Moore Partner’s strong network of corporate and financial buyers.
“We are doing more and more work on the East Coast finding exciting companies in DC and New York’s Silicon Alley,” said Jim Moore, Founder and Managing Director of the Firm. “Kathryn Stewart and I worked together for years at Alex. Brown, then later we worked closely together at Deutsche Bank. She has solid domain expertise in technology, and I am thrilled to have her lead our East Coast expansion.”
Stewart spent more than a decade covering technology and healthcare as a partner at Alex. Brown, and post-acquisition as Managing Director of Deutsche Bank. She operated the Baltimore office covering New York, the Mid-Atlantic and the Midwest regions. Preceding Alex. Brown, Stewart was an engineer for a Fortune 100 Company in its Telecommunications Division. Her design and implementation work included 450 MHZ radio, 2 GHZ microwave and voice/data network design. She has board and leadership involvement with Women for Women International, Friends of United States Botanic Garden, the Tower Project at the National Gallery, and a Trustee of Stone Ridge School of the Sacred Heart. Stewart holds an MBA in finance from the Wharton School at the University of Pennsylvania and a bachelors of Science in Electrical Engineering from Michigan State University.
In addition, J. Moore Partners added marketing communications and media expert, Kathryn Inglin as a Director to oversee business development and marketing.
Deal Alert: HBGary & ManTech
April 2, 2012
Drawing on deep domain expertise in government security and defense, J. Moore Partners advised HBGary, an innovator in protection against cyber-espionage and cyber-terrorism, on its acquisition by ManTech International a leading provider of technologies for national security programs for the US government and beyond. With the confluence of mobile, cloud computing and social media, traditional security models are no longer valid options for IT departments. The deal will allow government and corporate customers to have extended malware detection software and forensic services, marking ManTech as the go-to source to protect mission-critical IT assets.
Deal Alert: Easy To Send & Paltalk
December 7, 2011
Tapping experience and contacts in digital media and marketing, J. Moore Partners served as exclusive financial advisor to Easy To Send, an innovator in small business email and digital marketing in its acquisition by Paltalk, the world’s largest video chat community. The deal extends Paltalk’s capabilities to grow its more than 11 million person membership through Easy To Send’s digital marketing platform, as well as generate additional advertising revenue for both parties.
“We are excited about this acquisition and believe Easy To Send will contribute to our global network portfolio, making it even stronger,” said Jason Katz, CEO, Paltalk. “Easy To Send will provide our loyal customers with yet another platform and reach new audiences within the marketplace.”
Deal Alert: AdParlor & AdKnowledge
November 9, 2011
J. Moore Partners served as exclusive financial advisor to AdParlor.com, a leading social media ads management platform, in its acquisition by AdKnowledge.com, a premium advertising network. AdParlor currently manages more than one billion impressions per day on Facebook, and now combined with AdKnowledge will offer the most powerful platform to manage Facebook advertising. Capitalizing on deep sector knowledge and an extensive network in the emergent advertising, SaaS, digital and social media spaces, J. Moore Partners completed the successful M&A process for AdParlor. With Facebook advertising revenues forecast to grow from $4 billion to $22 billion in the next five years, this deal allows AdParlor to scale quickly, expand its customer base, and take advantage of this rapidly evolving market.
Deal Alert: SurveyMonkey
April 21, 2009
J. Moore Partners served as exclusive financial advisor to SurveyMonkey, structuring a majority interest acquisition by an investor group led by Spectrum Equity Investors.
Innovative, fast-growing and in a strong market sector, SurveyMonkey was a tailor-made deal for J. Moore Partners. We leveraged our technology expertise, long-standing experience with fast-growth Internet companies, and strong relationships in the buyer community to put together this complex, $225M deal that attracted multiple bids. As a result, this pioneering Portland-based online survey company is now expanding to the Bay Area.
Deal Alert: Zoomix & Microsoft
July 15, 2008
Uniting expertise in cross-border transactions, software, and strong platform company relationships, J. Moore led the successful M&A process for Israel-based enterprise data management company Zoomix. In the end Microsoft bought the company for 24x revenues. In orchestrating the transaction, Moore showcased why Zoomix was uniquely qualified to support Microsoft’s vision to make SQL Server a more complete data platform for all enterprise data management needs worldwide. Thanks to the Zoomix acquisition, Microsoft now provides customers with a manageable and scalable enterprise-class data quality solution.