San Francisco-based technology-focused investment bank J. Moore Partners has expanded to Asia with the opening of a new office in Seoul, Korea. David Oh has been named managing director and will lead efforts in Asia.
PRESS RELEASE
J. Moore Partners, the independent technology-focused investment bank based in San Francisco, today announced its expansion to Asia with the opening of a new office in Seoul, Korea. Korean Technology Investment Expert, David Oh, is Named Managing Director and Leads Efforts in Asia. He will advise technology clients on mergers and acquisitions, financing options, and international expansion.
“We are pleased to be the first US technology M&A advisory firm to open an outpost in Seoul,” said Managing Partner and Founder Jim Moore. “We have several clients based in Asia who appreciate our support on the ground, and we are able to act as a bridge to Silicon Valley with our strong network of investors and corporate strategic partners.”
South Korea ranks third in the world in terms of technology innovation according to the Cologne Institute for Economic Research. According to The Next Web, 67% of the Korean population owns a smart phone. Revenue from mobile downloads is expected to reach $58 billion globally by 2014, a tenfold increase from 2010, according to researcher Gartner (IT).
Before joining J. Moore Partners, Oh was the CEO and Managing Partner of IDG Ventures Korea, where he managed a $100M fund focused on early stage companies. He was responsible for investments in startups operating in sectors such as internet/mobile, software, and social/online gaming. Oh also served on the board of seven portfolio companies. Prior to IDG Ventures, Oh was a Managing Director of North Asia at International Data Corporation, a US market intelligence firm specializing in information and communication technology.
He was responsible for direction and daily operations of Asian operations in China, Korea and Taiwan. He initially joined IDC in Mountain View, California as a Director in 1996 and began overseeing the Korean operations in 1997. Preceding IDC, David was a Regional Director at Dataquest/Gartner Group in the Asia Pacific region and was responsible for conducting market research and analyzing the computer systems and software industry.
His professional career also includes time at ResearchAsia, as well as Samsung Electronics. He currently serves as Vice Chairman of the Angel Investor Forum and is a mentor to Sprout Forum Startups. “I am thrilled to join J. Moore Partners to build out their operations in Asia. The market is underserved, and
I look forward to bringing the experience of Silicon Valley to this place of budding innovation,” said Oh. “We are particularly interested in opportunities in the mobile and gaming sectors.”
Additionally, the firm has added analyst Kristy Kim, a Seoul native, to the San Francisco office. She will support cross border advisory work, transaction efforts, and business development with deals generated in Asia.
The Asia expansion closely follows the Firm’s extension to Europe and, subsequent appointment of Ben Powell as Managing Director and Head of European operations in July 2012, as well as, the opening of a Washington D.C. office, and the subsequent appointment of Kathryn Stewart as Managing Director and Head of East Coast Operations in April 2012.
J. Moore Partners closed several high-valuation deals this year, including HBGary’s acquisition by ManTech International and Manticore Technology’s merger with Sales Engine International.
ABOUT J. MOORE PARTNERS:
J. Moore Partners, LLC is a technology-focused independent mergers & acquisitions advisory firm headquartered in San Francisco with offices in Washington DC, London and Seoul. Combining its extensive global network of strategic and financial players with deep sector knowledge, J. Moore Partners provides maximum value for its clients in rising technology sectors including big data, cloud, mobile, SaaS, digital media, ad tech, social media, gaming, security software, healthcare IT and education IT.
J. Moore Partners offers comprehensive M&A services including valuation analysis, financial and strategic alternatives, and deal structure options, as well as advises on the timing and financing of potential transactions. The Firm was founded in 2008 by Managing Partner, James Moore, who brings more than 20-years of working on Wall Street with well-established and emerging companies including BEA Systems, Mercury Interactive, Marimba, Tibco, WebEx, and SAP.
J. Moore Partners advised SurveyMonkey on its recapitalization; Zoomix on its acquisition by Microsoft; AdParlor on its acquisition by AdKnowledge, Easy To Send on its acquisition by Paltalk, HBGary on its acquisition by Mantech International Corporation and Manticore on its merger with Sales Engine International.
For more information visit: jmoorepartners.com.