Major acquirers love software-as-a-service companies. Recurring, predictable revenue makes their ears prick up. So, why doesn’t every business, ad tech or otherwise, go down the SaaS route? Because for some it “would be a disaster,” says Tolman Geffs, managing director of BrightTower.
Todd Simon is Managing Director, Head of Digital Media at Oppenheimer & Co., an investment banking company. Simon is also on the Strategy Board of sell-side platform Rubicon Project. AdExchanger.com: Given your background in investment banking, what is your take on today’s M&A climate in the ad technology space? TS: We expect a robust M&A […]
Terence Kawaja recently announced that he will be leaving investment banking firm GCA Savvian to start his own firm, LUMA Partners. Kawaja discussed the new firm and his strategy with AdExchanger.com. AdExchanger.com: You have suggested investment banking needs disruption? Why? TK: Fundamentally, I think some aspects of the banking model are broken. Most bankers effectively […]
