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Teak Murphy

  • Director
310-746-5006
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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

Last twelve month (LTM) merger and acquisition (M&A) activity in the HCM SaaS industry continued its upward trend with 150 deals. Deal volume in Q1 2020 reached a quarterly record of 48 deals as COVID-19 didn’t slow deal activity. M&A targets were valued at a healthy median revenue multiple of 5.4x LTM, slightly below the 5.7x and 5.8x peaks we saw in 2016 and 2019, respectively.Read more

While some software providers have been negatively impacted by the lack of in person events due to COVID-19, the pandemic has largely created positive long-term tailwinds for the industry as nonprofits seek to diversify their fundraising with a heavier focus on digital giving. Recent market trends include the influx of private equity, growing popularity of donor-advised funds (DAFs), and accelerating transition to digital giving.Read more

Enterprise SaaS & Cloud last twelve month merger and acquisition (M&A) activity hit a record 2,156 deals totaling over $180 billion. M&A volume of 657 deals in Q1 2020 was driven by strong January and February deal volume while March activity was only slightly hampered by COVID-19 impact. Read more