NEW YORK | February 1st, 2024 – The Global M&A Network awarded the Drake Star team in the category “Americas IT & Services Deal of the Year” for advising ICCS on its transaction with NexusTek at the 15th Annual M&A Atlas Awards. The ceremony took place during a gala dinner at The Metropolitan Club of New York.
Drake Star acted as exclusive financial advisor to ICCS, an award-winning managed IT, cybersecurity, and cloud services provider. NexusTek, a leading nationwide managed IT services provider expanded its geographic footprint and capabilities by adding market leader ICCS & Co. to its portfolio. NexusTek is backed by private equity firm Abry Partners based out of Boston, MA.
Sam Levy, Partner at Drake Star commented: “It’s exciting to see the recognition of this transaction by The Global M&A Network. It’s been a pleasure working with the ICCS team and helping them join forces with NexusTek and Abry. This deal supported NexusTek to position itself to reach its long-term goals and we are happy to have worked together on it so successfully.”
Drake Star is a global technology-focused investment bank that has built a reputation as an industry leader recognized for deep tech sector insights and expertise, strong client outcomes, and several prestigious awards. This award further bolsters the firm’s accolades, which now total over 45+ major recognitions since 2013, including over 30 “Deal of the Year” and 8 “Investment Bank of the Year” awards.
Congrats to ICCS and NexusTek for the recognition of this transaction. And congrats to the Drake Star deal team including Gregory Bedrosian, Sam Levy and Connor Cunningham.
About Global M&A Network
Global M&A Network is a diversified digital media and conference connecting company. The company produces the world’s most prestigious - Turnaround Atlas Awards, Women Leaders & Dealmaker Awards, and the M&A Atlas branded awards programs worldwide - from New York, Chicago, San Francisco, Hong Kong, Shanghai, Mumbai, to London.
About Drake Star
Drake Star is an award-winning global tech investment bank that has completed over 500 transactions since 2003. The Drake Star team of 100 senior professionals across offices in New York, Munich, London, Paris, Los Angeles, San Francisco, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Software/SaaS, HR Tech, Digital Services, FinTech, Digital Media, Industrial Tech, Consumer & Retail Tech and Mobility & Sustainability.
Drake Star 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. Drake Star UK Limited (FRN 942020) is an appointed representative of Razlin Ltd (FRN 730805), which is authorized and regulated by the FCA. © 2024 Drake Star Partners Limited.
For more information, visit www.drakestar.com.
*Partner Office