London, Dubai, December 12th , 2019 – Global investment banking firm Drake Star Partners and Dubai-based financial advisory firm Awad Capital Ltd. have announced a strategic partnership to expand their cross-border reach and facilitate their global growth.
The partnership will expand Drake Star Partners’ access in the Middle East, where Awad Capital boasts an outstanding track record, and strengthen Awad Capital’s international access to North America and Europe, leveraging Drake Star Partners deep expertise in Technology, Media and Communication (TMC).
Cross-border activity accounts for the majority of Drake Star Partners’ transactions across its global network. More than 70% have been cross-border transactions in the TMC M A and financing markets. The firm has accordingly been ranked as seventh cross-border mid-cap tech investment bank globally, according to Standard and Poor’s. In the Middle East, where economies are growing increasingly savvy to overseas investment opportunities, local enterprise ecosystems are looking for international growth. By partnering together, Awad Capital and Drake Star aim at bridging the communication and investment gap, further enhancing cross border opportunities for their respective clients.
Marc Deschamps, Executive Chairman of Drake Star Partners, welcomed the partnership with Awad Capital. “In recent years we saw stellar growth in cross-border mid-cap/growth tech transactions. Our world is one of multi tech-hubs in various countries where firms from international origins become innovators and world leaders. Awad Capital has built a strong network in the Middle East, and we are delighted to announce this partnership, which will allow us to further unlock local and global tech transactions and investor opportunities.”
Ziad Awad, CEO of Awad Capital, added, “As regional tech companies grow and mature, accessing international investors as well as exit opportunities becomes a priority. We are excited to partner with Drake Star Partners, as this relationship will help us deliver global access to our clients in the sectors of technology, media and communications. In addition, we look forward to bringing international investment opportunities in these growth sectors to our regional investor base.”
About Awad Capital
Awad Capital Ltd. is an independent, Dubai-based, DFSA regulated financial services firm focusing on Mergers and Acquisitions, Corporate Finance and the Capital Markets. The firm’s vision is to be the trusted strategic financial advisors to the senior leadership of the best institutions in the region.
Awad Capital Ltd.is headquartered at the DIFC, Emirates Financial Towers, South Tower, Suite 2401, POBOX 506959 Dubai, UAE
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, San Francisco, Los Angeles, Berlin, Amsterdam, Geneva and Tokyo. The firm focuses on M A and corporate finance for its clients worldwide. Drake Star Partners completed over 300 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 Drake Star Securities LLC. In the USA, Drake Star Securities LLC is regulated by FINRA and is a member of SIPC. © 2016 Drake Star Partners.
December 12, 2019
Awad Capital News