NEW YORK, Nov. 20, 2019 /PRNewswire/ -- Oppenheimer &
Co. Inc. ("Oppenheimer") – a leading investment bank, wealth
manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) –
today announced that Andy Livadariu
joined the Firm's Global Technology Investment Banking Group as a
Managing Director, providing strategic and capital raising advisory
services in the enterprise application software (EAS) sector.
Livadariu will be located in Denver,
CO and reports to Robin
Graham, Head of Technology, Media and Communications
Investment Banking. Livadariu is the latest prominent technology
banking hire made by the Firm, where he joins Managing Directors
Nitin Doke, Matt Russell and Michael
Buchbinder in covering the software sector in the U.S.
"We continue to expand our technology banking team with highly
experienced investment bankers that bring deep domain expertise to
our clients," said Graham. "Andy's considerable experience
providing strategic advice to application software companies,
particularly in the human capital management and customer
experience sectors, is a strong complement to our current senior
software banking team."
Livadariu joins Oppenheimer with nearly twenty years of
experience advising clients across the broader technology and
enterprise application software market. Previously, Livadariu was
with Piper Jaffray where he covered
application software and led the human capital management practice.
Prior to Piper Jaffray, he spent
more than a dozen years with GCA, Citigroup and UBS.
"The application software market currently represents
$250 billion in current spend and is
projected to grow to a staggering half a trillion-dollar market by
2024. However, a significant portion of those investment dollars
reside on legacy and on-premise solutions that are rapidly being
migrated to the cloud. Additionally, the current rate of innovation
displacing first- and second-generation SaaS solutions with
increasingly customer-centric solutions are driving further
acceleration and adoption of new entrants. This is an exhilarating
time to be a software banker and I am excited to be at Oppenheimer,
which is well positioned to service the needs of enterprise
application software companies," said Livadariu.
Livadariu has had primary product focus on mergers and
acquisitions (M&A) across the application software sector. He
has advised on buy-side, sell-side, fairness opinion, takeover
defense and virtually all other types of M&A and strategic
advisory matters for both public and private software
companies.
Livadariu earned a Master of Business Administration degree from
the Ross School of Business at the University
of Michigan, a Master of Science degree in computer science
from Rensselaer Polytechnic Institute
and a Bachelor of Science degree in computer engineering from
Lehigh University.
About Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary
of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange),
and its affiliates provide a full range of wealth management,
securities brokerage and investment banking services to
high-net-worth individuals, families, corporate executives, local
governments, businesses and institutions. For more information
visit: Oppenheimer.com
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SOURCE Oppenheimer & Co. Inc.