International technology investment bank FirstCapital and ACXIT Capital Partners, an international corporate finance and investment advisory firm have formed a strategic partnership aimed at allowing both firms to expand cross-border activities and international reach, with a focus on Europe and the US.
The partnership will create a European mid-market powerhouse, uniquely placed to support technology clients in the pursuit of global strategic M&A opportunities. With offices and representatives in the UK, German-speaking Europe, Ireland, Hong Kong, New York and Silicon Valley, as well as partnerships across France, China and India, their combined network is extensive and international.
Together, the two firms have a combined market share of over 10 per cent in the relevant European tech M&A market with more than 320 technology deals successfully executed to date, and have sold clients to some of the biggest strategic buyers in the world including Microsoft, Facebook, Apple, Google, IBM, PayPal, eBay and more.
“This strategic cooperation will enhance our capacity to serve our technology clients with access to greater specialist resources and a combined network of buyers and investors, as well as expand our joint deal flow across Europe for the benefit of our international corporate and private equity clients,” says Jason Purcell, CEO of FirstCapital.
“The combined expertise and experience of more than 70 investment banking professionals across the world’s major technology hubs will propel the success of both firms and their clients,” says Johannes H Lucas, Managing Partner of ACXIT Capital Partners.
Clients of FirstCapital and ACXIT Capital Partners will now benefit from access to a pool of over 70 experienced advisors as well as high-quality deal flow. Both firms are confident that this partnership builds a strong basis for accelerating European-US cross-border activities in M&A, capital raising and capital market activities for their international client base.