Experienced Technology Executive Joins Tech-Focused Investment Banking Firm
ATLANTA, Sept. 22, 2020 /PRNewswire-PRWeb/ -- Stan Brovont has over 30 years of executive-level operations, marketing, sales, and corporate development experience with global leaders in high technology and telecommunications. As a founding executive of ARRIS, Mr. Brovont helped grow that company to $6.4 billion in revenue before its acquisition by CommScope for $7.4 billion. In his last six years at ARRIS, Mr. Brovont served as Head of Corporate Development, Strategy, and M&A, during which time he evaluated 600 companies and executed over 20 public and private company investments and transactions ranging from $6.0 million up to $7.4 billion in value. He also served on the boards of Federated Wireless, Celeno Wireless, Music Choice, Watchwith and Indius Partners. Mr. Brovont's hands-on experience developing, buying, selling, and investing in technology companies will add to TI Partners' strategic and financial advisory capabilities.
Notable transactions and commentary:
Stan Brovont supported ARRIS in the 2017 $841 million acquisition of Ruckus Wireless from Broadcom overcoming significantly complex financial, tax, regulatory, carve-out, and integration challenges. Dan Rabinovitsj, then Ruckus COO, said of Stan's work, "During all phases of negotiations, diligence, and integration Stan demonstrated a sincere desire to fully understand us, our technology, and our business, and helped us understand ARRIS as well. His efforts contributed significantly to a very positive outcome for our parent company, for ARRIS, and for Ruckus Wireless employees and customers."
Also, in 2017 Stan led ARRIS' Series B investment in Federated Wireless and served on its Board. "Stan investigated the investment in Federated Wireless from a very strategic point of view," said Iyad Tarazi, Federated Wireless CEO. "ARRIS was intentionally pivoting into enterprise and wireless markets and Stan saw the relationship with Federated as an enabler in that endeavor."
Among Stan's unique experiences include successfully overcoming two separate DoJ antitrust division second requests. Logan Breed, Partner, Hogan Lovells observed, "Stan's in-depth expertise and longstanding relationships in the telecommunications equipment and MVPD businesses were critical to our success in achieving antitrust clearance of the Motorola Home and Pace acquisitions after deep DOJ investigations into both transactions. Moreover, Stan is a creative problem-solver who knows how to get things done."
About TI Partners
TI Partners is a full service financial advisory firm whose capabilities include buy-side, sell-side, equity and debt capital raises, and strategic advisory services. TI Partners' bankers are exclusively Technology Infrastructure focused and have over 50 years combined experience and have executed over 105 M&A, restructuring and capital raising deals with cumulative transaction values over $170 billion.
SOURCE TI Partners
