Barclays Appoints Abhishek Singhal as a Managing Director Within Technology Investment Banking
September 17 2024 - 5:14PM
Business Wire
Mr. Singhal brings to Barclays extensive industry knowledge and
deep client relationships that will further strengthen the firm’s
Technology Investment Banking franchise.
Barclays today announces the appointment of Abhishek Singhal as
a Managing Director within Technology Investment Banking focused on
the Payments sector. Mr. Singhal will be based in New York and will
report to Kristin Roth DeClark, Global Head of Technology
Investment Banking. His appointment will further strengthen the
Payments coverage effort led by Gary Katz, Global Head of Payments
Banking.
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Barclays announces the appointment of
Abhishek Singhal as a Managing Director within Technology
Investment Banking focused on the Payments sector. (Photo: Business
Wire)
Mr. Singhal joins Barclays from Citigroup where he was a
Managing Director in the FinTech Investment Banking division. Prior
to joining Citigroup in 2018, he worked at Deutsche Bank on the TMT
Investment Banking team. Throughout his career Mr. Singhal has been
involved in a number of notable transactions, including serving as
lead buyside M&A advisor and joint-bookrunner for debt
financing for GTCR’s $18bn take-private of Worldpay, and carveout
from FIS; and acting as exclusive sellside M&A Advisor for EVO
Payments on its $4bn sale to Global Payments.
“We at Barclays have an extremely strong Technology Investment
Banking franchise, which is a key focus of our broader investment
banking business and an area which touches all of our other
industry coverage verticals,” commented Kristin Roth DeClark. “Abhi
is an excellent addition to our team, and his extensive industry
knowledge and transaction experience will further strengthen our
ability to provide a superior value proposition to our
clients.”
“Abhi has a long and distinguished track record of outstanding
performance and maintains deep relationships with the key players
across the sector,” added Gary Katz. “I have every confidence that
our growing team is well positioned to continue to provide
first-class strategic advice for our clients and to accomplish our
ambitions.”
The appointment of Mr. Singhal is the latest in a number of
important strategic hires for Barclays in Technology Investment
Banking, and further demonstrates a continued commitment to
investing in industry-leading talent. David King started with
Barclays at the beginning of this month in his role as Global Head
of Technology M&A, based in San Francisco, and Rob Patterson
started this week as Head of Data & Information Platforms
Coverage, based in New York.
Barclays has played key roles in a number of recent transactions
of note in the Payments space. These include serving as Exclusive
Financial Advisor to Nuvei Corporation on its $6.3bn take private
sale to Advent International, and acting as Exclusive Financial
Advisor to American Express on its sale of Accertify to
Accel-KKR.
About Barclays Investment Bank
Our vision is to be the UK-centred leader in global finance. We
are a diversified bank with comprehensive UK consumer, corporate
and wealth and private banking franchises, a leading global
investment bank and a strong, specialist US consumer bank. Through
these five divisions, we are working together for a better
financial future for our customers, clients and communities. The
Investment Bank helps money managers, financial institutions,
governments, supranational organisations and corporate clients
manage their funding, investing, financing, and strategic and risk
management needs. www.barclays.com/ib
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Andrew Smith +1 (212) 412 7521 andrew.smith@barclays.com
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