Generation Equity Advisors Expands Its Technology and Digital Media M&A Practice and Hires Tarang Shah
Los Angeles, CA, March 20, 2013 --(PR.com
)-- Generation Equity Advisors, LLC announced the hiring of Tarang Shah as a Managing Director in its technology and digital media M&A advisory team.
Mr. Shah's background includes senior level positions with Bank of America, SoftBank, Qualcomm and Ericcson, among others. He has completed multiple transactions within the technology, digital media and telecommunications sectors and is an experienced professional that will assist in growing the firm's M&A practice globally.
While he was at SoftBank Capital, a venture capital fund, Tarang Shah helped with investments in mobile, digital media and enterprise software startups totaling $50 million. In his venture career, he has reviewed 1000+ startups and served as a board member and CEO advisor for dozen plus companies. His primary responsibility at SoftBank included sourcing, diligence and support of the west coast U.S. based deals and provide business development support to west coast and mobile portfolio companies. He worked side by side with the fund partners in all aspects of the deal lifecycle including sourcing, diligence, term sheet negotiations, board participation, growth strategy and exits and acquisitions.
Tarang Shah led due diligence for SoftBank Capital’s investments in ThumbPlay (mobile content), xAD (mobile search/directory), AdInFuse (mobile advertising), PureVideo (web video), Foomojo (virtual pets), DanceJam (dance video), Insider Pages (user reviews; acquired by Citysearch) and Communicado (enterprise VoIP) and served as a Board observer for AdInFuse (acquired by Velti; LSE-AIM:VEL), Foomojo, Communicado (acquired by Americom and Tone Software) and DanceJam.
At Bank of America, Tarang served as a Senior Vice President of Startup Innovation and was responsible for strategic partnership development and risk/opportunity assessment of the tech startups in mobile payment, commerce and other emerging technology verticals. He also built a startup risk assessment practice leveraging his venture model and conducted 80+ startup/private vendor risk diligences.
Tarang Shah is the author of an entrepreneurship & venture investing book, “Venture Capitalists At Work.” He additionally has passed the CFA Level II exam in 2005 and holds an MBA degree from Thunderbird, and an MBA and BSEE from Gujarat University (India).
"I am delighted to add Tarang Shah to our experienced team and am confident he will contribute a great deal to our clients in terms of assisting them on growth initiatives and M&A advisory, " noted Aaron Solganick, CEO of Generation Equity Advisors.
Tarang Shah is based in Newport Beach, CA.
About Generation Equity Advisors, LLC
Generation Equity Advisors is an independent Los Angeles-based M&A advisor and investment banking firm focused exclusively on the technology and digital media industry sectors globally. Our professionals have completed over $20 billion in transactions to date and are experts in mergers and acquisitions.