NEW YORK | June 15, 2017 – Drake Star Partners is pleased to announce that it has been named winner of “Deal of the Year” honors at the 9th Annual International M&A Advisor Awards. The awards were presented at an Awards Gala at the 2017 M&A Advisor International Financial Forum held on June 12th, 2017 at the New York Athletic Club.
Drake Star Partners was awarded “Europe Deal of The Year” for its role as exclusive investment banking advisor to Runbook B.V. in its sale to BlackLine, Inc (NASDAQ:BL). Runbook B.V. is a Europe-based provider of financial close and automation solutions with a market leading position in the SAP sector. Headquartered in Los Angeles, BlackLine is a leading US-based provider of financial controls and automation solutions, delivering Continuous Accounting.
Gregory Bedrosian, Managing Partner & Co-CEO of Drake Star Partners accepted the award in New York. He commented: “It is an honor to accept this prestigious Deal of The Year award on behalf of our Dutch, German and American teams. This transaction is a perfect example of our expertise in cross-border dealmaking and we are proud that Drake Star Partners is being recognized for such an achievement.”
Drake Star Partners’ deal team included: Julian Ostertag (GER), Robert Wilhelm (NL), Frank Verbeek (NL), James Turino (US) and Sherief Rahim (NL).
Earlier that day, Mr Bedrosian – a member of The M&A Advisor’s Symposium Faculty – spoke at a panel discussion during the M&A Advisor’s International Financial Forum discussing the topic of “M&A in the 4th Industrial Revolution”. He joined distinctive M&A professionals, including experts in cross-border technology, media and communications investment banking, specialized press correspondents and policymakers.
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