NEW YORK | July 25th, 2023 – The M&A Advisor announced the winners of the 14th Annual International M&A Awards and Drake Star has won “Telecommunications Deal of the Year” for the sale of Wireless Maritime Services (WMS) by AT&T and Anuvu to CCP Capital Strategies.
Drake Star acted as exclusive financial advisor for AT&T and Anuvu on the transaction.
James Turino, Managing Partner at Drake Star commented: "Drake Star is very pleased to have been selected as the recipient of this award, and our thanks goes out to our clients AT&T and Anuvu for all their support on the transaction. We worked hard to maintain a competitive dynamic and align the interests of the sellers, WMS and buyers in an environment where Covid-19 had severely impacted the cruise industry. The deal was a win-win for the sellers in monetizing a non-core business, as well as a milestone for WMS becoming an independent company under new ownership."
Gregory Bedrosian, Managing Partner & CEO at Drake Star commented: "We would like to thank The M&A Advisor for selecting this transaction for such a prestigious award. Drake Star’s combination of deep sector expertise, transaction experience, creativity and dedication continue to deliver outstanding results for our clients, despite such a complex macro and financial environment. A big thank you to the AT&T and Anuvu teams for their support throughout the process."
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.
Roger Aguinaldo, Founder & CEO of The M&A Advisor, says: "International M&A Excellence is exemplified by exceptional industry players. Out of a pool of over 250 contenders, Drake Star stands out as the esteemed recipient of the highest honor, commended for their steadfast dedication to excellence in the 2023 International M&A landscape. We proudly applaud Drake Star for their outstanding accomplishments, surpassing their peers and establishing a new benchmark for success in this global arena."
The International M&A Awards will be presented at a Black-Tie Gala on Wednesday, September 19-20, 2023, in New York City as part of the 2023 Leadership in Dealmaking Summit on September 19-20, 2023 and will feature over 350 of the industry’s leading professionals participating in exclusive interactive forums, sessions, roundtable discussions, one-on-one meetings, and a solutions provider showcase led by a faculty of international M&A and cross-border industry stalwarts and business media experts.
About The M&A ADVISOR
Now in its 25th year, The M&A Advisor was founded to offer insights and intelligence on mergers and acquisitions, establishing the industry’s leading media outlet in 1998. Today, the firm is recognized as the world’s premier leadership organization for mergers & acquisition, restructuring and corporate finance professionals, delivering a range of integrated services.
For more information about The M&A Advisor, visit www.maadvisor.com. For additional details about the 14th Annual International M&A Awards, please refer to the official press release and the list of winners.
About Drake Star
Drake Star is an award-winning global tech investment bank that has completed over 400 transactions since 2013. The Drake Star team of over 100 senior professionals across offices in New York, London, Paris, Munich, San Francisco, Los Angeles, Berlin, and Dubai* focuses on mergers & acquisitions and corporate finance services worldwide in Consumer & Retail Technology, Digital Media, FinTech, Mobility & Sustainability, Software/SaaS, Digital Services, and Industrial Tech sectors.
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. Drake Star UK Limited (FRN 942020) is an appointed representative of Kession Capital Ltd (FRN582160) which is authorized and regulated by the Financial Conduct Authority. © 2023 Drake Star Partners Limited.
For more information, visit www.drakestar.com.
*Partner Office
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