Merrill Tech Banker Joins America’s Growth Capital

Mark Watt has joined America’s Growth Capital as a partner in the firm’s Menlo Park investment banking group. He previously was a director of technology I-banking with Merrill Lynch.



America’s Growth Capital, a national, emerging growth-focused investment bank, announced today the hiring of Mark Watt as Partner in the firm’s Menlo Park Investment Banking Group.


Before joining AGC, Watt was a Director in the Technology Investment Banking Group at Merrill Lynch, where he was a leading member of its Global Internet and Digital Media investment banking practice. He joins AGC with 10 years of investment banking experience, having advised on over $10 billion of equity and debt financings, as well as over $20 billion of mergers and acquisitions for clients including Blue Nile, eBay, eHealth Insurance, FTD, InterActiveCorp, HP, and Research in Motion. Previously Watt was a member of Merrill Lynch’s European Financial Sponsors Banking Group, based in London, UK, where he focused on strategic advisory and debt financing assignments for leading European and US private equity funds. A native of Scotland, Watt began his career at Ernst & Young. Immediately prior to joining AGC, he was a Managing Director at TriplePoint Capital, a global specialty finance company, where he focused on later stage venture investing.


“I am delighted to have Mark join us to spearhead our west coast Digital Media and Internet efforts,” said Ben Howe, Chief Executive Officer of America’s Growth Capital. “He is exactly the kind of intelligent, diligent and well-connected player who can build on our successes in the emerging growth world. Our clients and investors will benefit greatly from his insights and commitment.”


Watt holds a Bachelor of Laws from the University of Aberdeen (Scotland) and is a member of the Institute of Chartered Accountants of Scotland (CA).


About America’s Growth Capital:


While Wall Street investment banks are distracted by the fallout in the credit and stock markets, as well as painful restructuring efforts, AGC was significantly up in 2008 revenues and completed 17 transactions for the year. We fully recognize that the next two quarters will be tough for most everybody, but we are determined to power through these rough waters and maintain our momentum. Acquirers and investors on AGC transactions include BT, Dell, EMC, IBM, Motorola, Novell, Oracle, Bessemer, HarbourVest and Tudor Ventures. America’s has built value for our clients by executing transactions such as the sale of AirDefense to Motorola; the $65 million sale of Secure Computing’s token business to Aladdin; the private to private merger of Ellacoya with Arbor Networks; and the recapitalization of SpectorSoft by HarbourVest Partners and WestView Capital. The firm’s 83 transactions in just 5 years have ranged in size from $5 million to $1 billion and have included buyouts, buy-side and sell-side advisory assignments, PIPEs, IPOs, Follow-ons, private placements and fairness opinions.