Navidar Group LLC is pleased to announce that Steven D. Schmidt has
joined the firm as a Managing Director focused on the software,
Internet, eCommerce, online payments and healthcare IT sectors. Steve
has over 16 years of experience in technology, investment banking, and
corporate operations. Over the course of his career, Steve has been
involved as an advisor or a principal investor in over 150 M&A and
financing transactions and has served on the Board of Directors of
technology companies in the United States, Spain and Austria. Steve will
establish a Minneapolis office for Navidar.
“We are pleased to welcome Steve to our senior team,” commented Stephen
Day, Managing Principal at Navidar. “Steve’s deep technology and
healthcare IT industry experience, global relationships, and successful
track record are exactly what we were looking for in a senior banker to
join our leadership team. Minneapolis is a vibrant technology community
and a highly strategic market for Navidar given our focus on the middle
corridor of the U.S. We are excited to have a veteran investment banker
lead our efforts in that market.”
Previously, Steve was the Senior Vice President, Corporate Development
at Digital River, Inc. (NASDAQ:DRIV) where he was responsible for
corporate strategy, mergers and acquisitions, and strategic investments.
Prior to joining Digital River, Steve spent eleven years at Piper
Jaffray & Co (NYSE:PJC). During his tenure at Piper Jaffray he served in
various senior leadership roles in the technology investment banking
group. In addition to significant M&A experience, Steve led numerous
financing transactions as the Head of Technology Capital Markets and the
Head of Asia Capital Markets. Steve has considerable experience advising
on cross-border transactions, having completed numerous transactions in
the United Kingdom, Europe, Israel and China.
“Navidar offers its clients a unique combination of industry and product
expertise driven by a banking model that features senior attention on
all aspects of the transactions,” commented Steve Schmidt. “Its senior
professionals are well-known industry veterans who have long and
successful track records of advising emerging growth, middle market, and
large cap companies and achieving excellent outcomes for shareholders. I
look forward to building a successful Minneapolis presence for Navidar
and being a part of their leadership team.”
About Navidar Group LLC
Navidar Group, with offices in
Austin, Indianapolis, Minneapolis and New York, is an investment banking
firm that provides businesses and investors in dynamic industries with
strategic merger and acquisition advice, capital raising solutions and
corporate advisory services. The firm focuses on technology, business
services, specialty manufacturing, and health care information
technology companies. Navidar principals have completed more than 300
transactions representing transaction volume of nearly $70 billion in
M&A and capital raising, for both private and public companies, over the
past 20 years. Navidar Group is a registered broker-dealer and member of
FINRA and SIPC. To learn more about Navidar Group, visit www.navidar.com,
or contact Lily Munson, Business Manager, at 317-559-3906, lmunson@navidar.com.
Copyright Business Wire 2013