Siris Capital Group said Monday that Elias Mendoza has joined the firm as an MD of investment development and strategy. Most recently, Mendoza was a Partner at Union Square Advisors, where he served as its COO and a senior banker across the firm’s technology and telecommunication verticals.
PRES RELEASE
August 19, 2013 – Siris Capital Group, LLC (“Siris”) announced today that Elias Mendoza has joined the firm as Managing Director of Investment Development and Strategy. Mr. Mendoza will be responsible for identifying and evaluating trends within existing and potential industry verticals to generate investment opportunities, and he will assist the Siris investment professionals and Executive Partners with the underlying business strategies of targeted companies and existing portfolio companies.
Prior to joining Siris, Mr. Mendoza was a Partner at Union Square Advisors, where he served as its Chief Operating Officer and a senior banker across the firm’s technology and telecommunication verticals.
Through July 2011, Mr. Mendoza held various senior positions at IBM, including Vice President and Global Head of Corporate Development. In such capacity, he led the teams responsible for identifying, executing and integrating all acquisitions, investments and divestitures for the company on a worldwide basis.
Mr. Mendoza’s previous experience also includes over twelve years spent at Morgan Stanley & Co., most recently as an Executive Director in the Investment Banking Division.
Mr. Mendoza’s background in both investment banking and leading corporate development at one of the world’s premier technology companies, will complement the existing resources and capabilities that the Siris team brings to bear in identifying, analyzing, and acquiring businesses in the telecommunications, technology and technology-enabled business service industries.
About Siris Capital Group
Siris is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies in North America. Siris, coupled with its active limited partner co-investment program, targets complex, special situations from $250 million to $1 billion. Integral to Siris’ investment approach is its partnership with exceptional senior operating executives (“Executive Partners”), who work exclusively with Siris to identify, validate and operate investment opportunities. Their significant involvement allows Siris to focus on complex, special situations; typically businesses caught in the midst of a technology transition, which creates operational, strategic, and financial challenges. www.siriscapital.com