Firm Promotions; Team Expansion; Record Increase In Revenue; Combine to Position The Firm For Continued High Growth in 2021
SAN FRANCISCO–(BUSINESS WIRE)–Momentum Cyber, the premier investment bank focused exclusively on the Cybersecurity industry, announced firm promotions, team expansion, and record firm performance and transaction velocity to kick off 2021.
Promotions and Team Expansion
Momentum Cyber announces the promotion of two key members of the firm’s senior advisory team, Dino Boukouris and Keith Skirbe, who have been promoted to Managing Director. Dino and Keith have been with Momentum Cyber since the firm’s inception working alongside Co-Founders Dave DeWalt, Michael Tedesco and Eric McAlpine to launch and build the industry’s premier investment banking firm.
“As members of our senior team, Keith and Dino’s leadership and contributions have been instrumental to the rapid growth and success of the firm,” said Eric McAlpine and Michael Tedesco, Co-Founders and Managing Partners. “It is with great pride and pleasure that we can recognize their achievements, celebrate their career milestones, and look forward to their continued leadership at the firm.”
Momentum Cyber also announced the promotion of Jeremy Isagon, who has been with the firm over 3 years, from Associate to Vice President. Additionally, the firm has strengthened its advisory support team with the hiring of Associates Alex Krongold and Chris McDowell, as well as Senior Analyst Alex Sztejnberg and Analyst Vilyam Yegikyan, all within the past 9 months.
Record Firm Performance and Deal Momentum
Momentum Cyber’s continued success advising innovative, next-generation Cybersecurity companies has established the firm’s leadership position as the ‘go to’ investment bank for the leading companies in Cybersecurity.
“We are deeply appreciative of the trust our clients have placed in us to help them achieve their strategic objectives,” said Dave DeWalt, Co-Founder and Chairman. “Despite the challenges we have all faced during a global pandemic we remained unrelentingly committed to our clients and as a result have achieved record financial performance with strategic advisory revenue over the last 12 months increasing over 250% year-over-year.”
A highlight to the firm’s recent performance was announcing 6 deals in 60 days including:
- Herjavec Group acquired by Apax Partners
- Alcide acquired by Rapid7
- MistNet acquired by LogRhythm, a portfolio company of Thoma Bravo
- PwC acquired Eagle Dream
- iboss’ strategic investment by Francisco Partners and NightDragon
- Goldman Sachs, ClearSky and NightDragon acquired WhiteOps
Momentum Cyber remains one of the most active strategic and financial advisors in Cybersecurity having advised on 20 completed transactions over the last 3+ years.
About Momentum Cyber
Momentum Cyber is the premier investment bank exclusively focused on the Cybersecurity industry providing bespoke high-impact advice combined with tailored, senior-level access. The firm was founded by world-class operators and advisors and caters to the unique needs of both earlier stage Founders, CEOs, & Boards as well as the complexity of later stage & public companies throughout their lifecycle. Headquartered in San Francisco with operations globally, the founding team has closed over 250 transactions totaling over $250 billion in value. Securities transactions offered through Momentum Capital Markets, LLC, member FINRA and SIPC.
Contacts
Alex Krongold
Associate
alexk@momentumcyber.com