You are here

Teak Murphy

  • Director
310-746-5006
(add to contacts)

Biography

Teak works in the Technology & Telecom Group, based out of Santa Monica, and is involved in all aspects of transaction execution from initial business development and market research through financial diligence, marketing, negotiation and closing of transactions.  He has spent over 15 years assisting technology companies on mergers, acquisitions, IPOs and capital raises.  

His prior experience includes positions at leading technology-focus investment banks including SagePoint Advisors, Montgomery & Co., and Cowen and Co.  Teak also worked as a Senior Associate with Enterprise Partners Venture Capital, a Southern California based VC firm, where he evaluated investment opportunities and worked closely with senior management and board members to successfully grow portfolio companies.  Teak's experience working on mergers and acquisitions, fund raising, and initial public offerings as both an advisor and investor provides unique insight into the needs of both venture-backed and founder owned companies.

 

Education

University of Southern California - BS - Business Administration & Finance

 

Industry Coverage

COVID-19 has had a larger impact on HCM SaaS companies than the broader SaaS universe as hiring freezes, layoffs, and workforces moving remote caused significant segment disruption. However, as the country gets back to work, Capstone expects the HCM SaaS industry to rebound with some potentially new longer-term trends emerging as capabilities like remote employee management and increased use of outsourced contractors provide more staffing flexibility.Read more

Capstone expects COVID-19 will accelerate adoption of nonprofit software by several years. The reallocation of focus towards digital fundraising and increased utilization of subscription giving are anticipated to generate higher transaction dollars for digital fundraising solutions.Read more

Merger and acquisition (M&A) activity fell in Q2 2020 to 473 deals for the quarter, better than Capstone expected, as transaction activity remained surprisingly high though deals tended to be smaller transactions at weaker multiples. Over the last twelve months, M&A activity reached a record 2,176 deals totaling over $150 billion despite a recent slowdown in deal activity and decline in public deal dollar volume.Read more