Evalla Advisors Strengthens Leadership Team with Key Additions
Veersen Ghatge and Robert Pickering Join Forces to Enhance Capabilities
Evalla Advisors, a prominent investment bank with a focus on the marketing and technology service sectors, has announced the appointments of Veersen Ghatge as a managing director and Robert Pickering as a senior operating advisor. This substantial expansion comes as the firm aims to bolster its service offerings and deepen its expertise in the competitive investment landscape.
Ghatge brings to the team nearly 20 years of extensive experience in investment banking and private equity, specifically focused on the marketing and technology services landscape. His career highlights include serving as managing director at Madison Alley, and he has held various roles within the Technology, Media, and Telecom sector at Wells Fargo Securities. His impressive track record encompasses successfully raising over $10 billion in various financing ventures, alongside a multitude of M&A transactions, showing his ability to drive significant financial performance for his clients.
Most recently, Ghatge played a pivotal role in leading major transactions including the noteworthy merger of Levelwing with Mindgruve and the acquisition of SPCSHP by MSQ Partners, a project he collaborated on with Pickering. His strategic foresight and hands-on approach are expected to greatly enhance Evalla's advisory capabilities.
Joining him is Robert Pickering, a highly regarded CEO with over 30 years of vast experience in the digital marketing and technology arenas. His journey includes vital roles as a partner at notable firms like Arthur Andersen/Accenture and PriceWaterhouseCoopers. Pickering's leadership at Origin, a technology services firm, and his strategic advisory role at LBi, a European digital marketing agency, underline his aptitude for driving organizational growth. Under his leadership, LBi transitioned to an IPO followed by acquisition by Publicis Groupe, exemplifying his successful track record.
At Madison Alley, where he most recently served as a strategic operating partner, Pickering has been instrumental in guiding companies in digital marketing through strategic advisory initiatives and operational improvements. His portfolio includes advising on high-impact transactions, further signifying the depth of his experience in the M&A space.
Working in tandem, Ghatge and Pickering plan to elevate Evalla's merger and acquisition practices within the technology services sector while continuing to provide expert advice to marketing agencies on both the buy-side and sell-side of transactions, thus leveraging the firm's comprehensive transaction advisory resources.
Ghatge shared his enthusiasm for joining Evalla, stating, "I am thrilled to join Evalla's innovative, results-driven team, and I look forward to delivering exceptional outcomes for our clients. I am confident that Evalla offers the most robust foundation to continue supporting our clients with integrity, transparency, and ethical commitment."
In his own words, Pickering expressed excitement about collaborating with the team, saying, "It's a pleasure to join Lori and her world-class advisory team. It’s a privilege to work alongside colleagues who bring deep and broad experience in advising both buyers and sellers of digital and marketing services companies. I have enjoyed my partnership with Veersen and look forward to our continued work together and with our new colleagues."
Pickering will focus on supporting marketing and technology service companies with their operational and strategic M&A needs, utilizing his insights to strengthen every transaction Evalla undertakes.
Lori Murphree, founder and managing partner of Evalla, praised the addition of Ghatge and Pickering, highlighting their complementary skills and the potential they bring to the firm. "Robert brings a wealth of experience, from operating both marketing agencies and technology-services consultancies to advising on several M&A transactions. He is a high-level, strategic thinker who brings key insights into transactions to ensure future success from a professional, personal, and financial perspective for our clients. I have been on the other side of the negotiating table from Veersen. He is smart, logical, and understands every aspect of a transaction, which allows him to effectively maximize the value for his clients while maintaining a consistently positive demeanor. His drive and approach make him the right fit for Evalla."
About Evalla Advisors
Evalla Advisors is an investment banking firm dedicated to creating value for entrepreneurs in marketing agencies, martech firms, and digital transformation consultancies. The company strongly believes in conscious capitalism and possesses deep expertise in mergers and acquisitions, corporate advisory, capital raising, and debt financing. With a collaborative and insightful approach, Evalla effectively partners with clients before, during, and after transactions, combining financial acumen with a commitment to building opportunities while advocating for their clients.
Frequently Asked Questions
What is the primary focus of Evalla Advisors?
Evalla Advisors specializes in the marketing and technology service industries, providing investment banking services.
Who are the newly appointed leaders at Evalla Advisors?
Veersen Ghatge has been named managing director, and Robert Pickering has joined as a senior operating advisor.
What kind of experience do Ghatge and Pickering bring to Evalla Advisors?
They bring extensive backgrounds in investment banking, M&A transactions, and leadership in the digital marketing and technology sectors.
What are the expected contributions of Ghatge and Pickering?
They will work to enhance Evalla's M&A practice and advise marketing agencies on various transactions.
How does Evalla Advisors differentiate itself in the industry?
Evalla emphasizes a collaborative approach and deep expertise in both advisory and transaction services, striving to create value for clients ethically.
