Arma Partners, an independent financial advisory firm serving the technology sector, has appointed Adam de Courcy Ling as a partner. De Courcy Ling was head of Credit Suisse First Boston’s European technology M&A business from 2000 to 2003, where he completed a number of European technology transactions including advising Sema in its $5.2bn sale in 2001 to Schlumberger and Freeserve in its $2.2bn sale in 2000 to Wanadoo.
While at CSFB, de Courcy Ling completed assignments in the software, IT services, communications equipment, semiconductors and Internet sectors. As well as major transactions in the UK, he has executed private and public market M&A transactions in The Netherlands, France, Switzerland, Sweden and Germany, where he advised clients such as Chrysler (on its 1998 merger with Daimler-Benz), Thyssen (on its merger with Hoesch-Krupp) and Deutsche Post.
De Courcy Ling left CSFB in January 2003 to spend ten months working with the UK government on the financial restructuring of British Energy plc. He joins Arma Partners directly from this assignment. His appointment follows the firm’s first announced transaction, the $210m acquisition by Novell Inc of SUSE Linux AG, Europe’s leading Linux software company.
“Arma is redoubling its commitment to the European technology sector at a time when M&A and IPO activity is starting to accelerate,” said Victor Basta, one of Arma’s co-founders and former head of Broadview in Europe and co-head of Broadview’s global advisory business.