New York, February 4, 2013 – The Jordan, Edmiston Group, Inc. (“JEGI”) (www.jegi.com) of New York, NY, a leading middle-market investment bank, is pleased to announce that Daniel Avrutsky, a senior technology M&A banker, has joined the firm as Managing Director, Global Head of Technology. In his new role, Mr. Avrutsky will lead the firm’s efforts to expand its M&A advisory practice deeper into technology and software, focused on the US, Europe and Israel.
Mr. Avrutsky has 17 years of experience in global technology M&A. Prior to joining JEGI, Mr. Avrutsky was Founder and Managing Partner of Avrika Group, where he provided cross-border advisory services to US-based and European clients seeking technology investments and M&A opportunities in Eastern Europe. In addition, Mr. Avrutsky continues to be an independent member of the Grant Committee of the Skolkovo Foundation, Russia’s largest technology development agency. For the prior five years, Mr. Avrutsky was with Perella Weinberg Partners in New York, most recently as a Managing Director in the firm’s technology practice. He started his career at JP Morgan and held various positions at Salomon Brothers, Bank of America and Warburg Pincus.
Commenting on his new role at JEGI, Mr. Avrutsky said, “I am delighted to join JEGI and to combine my transactional experience in the high tech industry with JEGI’s strong investment banking platform and its broad client base in the media, information, marketing and technology sectors. Global technology innovation is transforming ways in which media companies and content creators interact with consumers and businesses, creating new opportunities and driving strong secular growth. My goal is to help JEGI’s technology practice stay ahead of the curve, as the industry undergoes this fundamental transition.”
Wilma Jordan, Founder & CEO, JEGI, noted, “We are very pleased that Daniel is joining our firm and leadership team, given his deep knowledge of and experience in technology and software, having served these markets as an investment banker and investor for nearly two decades. The combination of Daniel’s extensive experience in tech M&A and his global market perspective will add a valuable and timely dimension to JEGI’s capabilities.”
Mr. Avrutsky earned a BA from Duke University and an MBA from Stanford University.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY, the leading independent investment bank for the media, information, marketing and technology sectors, celebrated its 25th anniversary in 2012 with 17 deal closings, generating nearly $1 billion of shareholder value. Since 1987, JEGI has completed more than 500 high‐profile M&A transactions for global corporations; middle-market and emerging companies; entrepreneurs; and private equity and venture capital firms. For more information, visit www.jegi.com.