Credit Suisse has hired Chris Gaertner from Bank of America Merrill Lynch as a high-ranking technology banker, the firm announced in an internal memorandum obtained by DealBook on Tuesday.
2. Credit Suisse has hired Chris Gaertner
fromBank of America Merrill Lynch as a
high-ranking technology banker, the
firm announced in an internal
memorandum obtained by DealBook on
Tuesday.
3. When he starts in July, Mr. Gaertner will
become a managing director and the head of
global corporate finance for the tech group,
according to the memo from Mark Simonian
and David Wah, Credit Suisse’s global co-
heads of technology, media and telecom
investment banking.
4. At Merrill Lynch, which he joined in 2005,
Mr. Gaertner advised Autonomy when it
sold itself to Hewlett-Packard and Lawson
Software when it was sold to Golden Gate
Capital. He led Merrill’s tech group from
2006 to 2008.
5. A Credit Suisse spokesman
confirmed the contents of
the memo, but declined
further comment.
6. Here’s the memo:
Chris Gaertner Joins the Technology Group
We are pleased to announce that Chris
Gaertner will join Credit Suisse as a
Managing Director and Head of Global
Corporate Finance for the Technology
Group, effective in July. Chris will be based
in San Francisco and will report to us.
7. Chris most recently was a Managing Director in the
Technology Group at Bank of America Merrill Lynch. Chris
joined Merrill Lynch in 2005 and was Head of Merrill’s
Technology Group from 2006 to 2008. He has client
relationships with many of the leading software,
enterprise systems and Internet companies in the
technology industry, including Adobe, Autodesk, BMC
Software, eBay, Hewlett Packard, IBM, Infor, Intuit,
Microsoft, Oracle, Rovi, SAP, Symantec, Active Network
and OpenTable. In 2011 Chris advised Autonomy on its
$11bn sale to HP, Lawson Software on its $1.9bn sale to
Golden Gate Capital, Solera on its $520mn acquisition of
Explore Information and Ansys on its $310mn acquisition
of APACHE. Chris has his CFA and received his M.B.A from
The Wharton School at the University of Pennsylvania, his
M.S.E.E. from Columbia and his B.S.E.E. from the U.S.
Military Academy at West Point.
8. With the addition of Chris, we are gaining a
respected adviser to the technology
industry who will provide senior leadership
and help shape the coverage strategy and
priorities for the Group globally. Please join
us in welcoming Chris to Credit Suisse, and
wishing him success in his new role.
Mark Simonian
David Wah