Code Advisors has launched as a boutique investment bank focused on “the intersection of media and technology.” Its principals are Quincy Smith (former CEO of CBS Interactive), Fred Davis (co-founder of Davis Shapiro Lewit & Hayes) and Mike Marquez (former head of biz dev for CBS Interactive). Advisory board members include David Golden of Revolution LLCand Danny Rimer of Index Ventures.
Quincy Smith, Fred Davis and Mike Marquez today announced the launch of Code Advisors, which will be a next-generation investment bank focusing on the intersection of media and technology. The firm will draw on the partners’ extensive domain expertise and industry and deal experience to provide a new approach to investment banking. Code Advisors is currently working with CBS, Comcast and Spotify, among others.
“We are honored to launch Code Advisors with such a strong team, and the fact that we have been able to sign stellar clients so quickly is testament to the market opportunity already,” said Quincy Smith, co-founder and partner, Code Advisors. “We established Code Advisors to extend the definition of banking partner, and as a startup we hope to match our clients’ energy and growth in these new businesses.”
Serving New Media and Technology Clients
Building on the team’s far-reaching expertise and track record, Code Advisors will provide high quality, independent advice to the senior management teams and boards of the media and technology industry’s established and emerging leaders. In addition to merger and acquisition advice, Code Advisors will draw upon the team’s expertise to advise companies on capital structure and capital raising alternatives.
I’ve spent my career driving innovation for corporations like CBS and Yahoo! by acquiring and integrating entrepreneurial start-ups,” said Mike Marquez, co-founder and partner, Code Advisors. “At Code Advisors I’m excited about taking that experience to the next level by working with even more corporations in addition to partnering with start-ups throughout their entire lifecycle.”
Code Advisors will tap into a broad range of backgrounds to bring a fresh perspective to investment banking. “Co-founding Code Advisors allows me to leverage the digital media expertise I gained while at Davis Shapiro Lewit & Hayes in a more comprehensive way that will include transactions,” said Fred Davis, co-founder and partner, Code Advisors. “I look forward to being able to do more with and for my clients in the shift towards the access of more content on more platforms for more eyeballs and eardrums. “
Tapping Industry Veterans
Founders Davis, Marquez and Smith are focused on assisting companies to design and drive their business strategies. Headquartered in San Francisco with offices in New York, Code Advisors will provide high-end merger and acquisition and corporate finance advice to media and technology companies worldwide.
Code Advisors is also honored to announce that Steven Machtinger has joined as General Counsel. Machtinger was previously General Counsel of Hambrecht & Quist, Associate General Counsel at JPMorgan Chase and most recently a partner at Bingham McCutchen.
In addition, the firm announced the formation of its advisory board, which provides insight into global financial services, venture capital and advertising trends. The Board, headed by Executive Chairman David Golden, partner of Revolution LLC and formerly the co-director of Investment Banking at Hambrecht & Quist, also is comprised of Peter Currie, former Netscape CFO and former CFO of McCaw Cellular; Danny Rimer, general partner of Index Ventures; and Alan Cohen, US CEO of OMD, a division of Omnicom.
About Code Advisors
Established in 2010, Code Advisors will be a next generation investment bank focused on new media and technology. Founded by Fred Davis, Mike Marquez and Quincy Smith, the firm will provide companies with a full spectrum of services, including merger and acquisition advice, capital markets assistance such as private placements, and business development, positioning, rights management and content management consulting. Code Advisors is passionate about the intersection of new media and technology and its members combine this passion with their relationships and industry knowledge to deliver top tier media and technology companies a comprehensive suite of strategic services.
Code Advisors’ business activities currently consist of strategic advisory services and do not include advice concerning the purchase or sale of securities. Code Advisors has applied for registration with the SEC as a broker-dealer. The principals of Code Advisors have entered into an agreement with WR Hambrecht + Co., LLC, a registered broker-dealer and a member of SIPC, and intend to become associated persons of, and to conduct any and all securities activities as registered representatives of, WR Hambrecht + Co., LLC while this application is pending.
For more information please visit www.codeadvisors.com, or soon follow them on @code.
About Quincy Smith
Prior to Code Advisors, Quincy served as Chief Executive Officer for CBS Interactive. Smith had been at the helm of the division since joining CBS, serving as president of the division from November 2006 to June 2008. Prior to CBS, Smith worked at Allen & Company. Smith is also founding partner of The Barksdale Group. He also spent five years at Netscape, where he ran Investor Relations and Corporate Development. Prior to Netscape, Smith worked for Morgan Stanley in their investment banking division.
About Michael Marquez
Before co-founding Code Advisors, Marquez served as the head of Corporate Development and Business Development for CBS Interactive. In this role he was responsible for acquisitions, investments and commercial partnerships across all the CBS Interactive properties on a world-wide basis. He successfully led efforts through acquisitions, investments and internal initiatives to build CBS Interactive into a top 10 Internet property that reaches more than 200 million unique visitors every month. Prior to CBS, he served as a senior member of the Corporate Development team at Yahoo!, where he acquired several companies and spearheaded numerous growth oriented strategic initiatives.
Marquez previously was an investment banker with the Internet M&A group at Robertson Stephens and the High Yield Finance group at Merrill Lynch. He began his career as a computer programmer at Accenture and was a founding member of its Internet Center of Excellence, where he led various technical teams that pioneered many of the early implementations of business on the web. He received a B.S. in Managerial Economics from the University of California at Davis with highest honors and an MBA from the University of North Carolina at Chapel Hill as a Bank of America Scholar.
About Fred Davis
Prior to co-founding Code Advisors, Davis served as founder of the leading Entertainment/New Media Firm of Davis Shapiro Lewit & Hayes, representing many of the leading companies in the new Digital Content Industry as well as today’s most successful and recognizable music stars.
Davis sits at the nexus of Content and New Media. He advises digital media companies to help them realize their goals of establishing new business models for music, film and television content in the new media space. His clients have included digital media companies such as MySpace, Hulu, iLike, Last.FM, Real Networks’ Rhapsody and Stardoll, among others.
Formerly an executive vice president at EMI Records, Davis has received the ACLU’s Bill of Rights Award and the UJA Music Visionary of the Year Award, and was a member of the Board of Directors for the 9/11 Fund. He lives in New York City.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.