Frank Quattrone Launches Qatalyst: New Technology Merchant Banking Boutique

Qatalyst Partners to Provide M&A, Corporate Finance Advice; Qatalyst

Capital Partners to Make Principal Investments

Mar 18, 2008, 01:00 ET from Qatalyst Group

    SAN FRANCISCO, March 18 /PRNewswire/ -- Frank P. Quattrone announced
 today that he and some former colleagues are launching a new financial
 services venture called Qatalyst Group, a technology-focused merchant
 banking boutique, headquartered in San Francisco, CA. Qatalyst Partners,
 its investment banking business, will provide high-end merger & acquisition
 and corporate finance advice to technology companies globally. Qatalyst
 Capital Partners, its investing business, will make selective principal
 investments, typically alongside leading venture capital and private equity
     (Photo: )
     (Photo: )
     Qatalyst Partners will provide high quality, independent advice to the
 senior management teams and boards of the technology industry's established
 and emerging leaders on strategic matters crucial to their growth and
 success. Qatalyst's advisors will combine a broad network of relationships
 with deep sector knowledge and seasoned M&A expertise to deliver a
 superior, senior level of service for clients who value experience,
 judgment, candor and insight. In addition to merger & acquisition advice,
 Qatalyst Partners will use its team's extensive corporate finance and
 capital markets experience to advise companies on capital structure and
 capital raising alternatives, and will selectively raise private capital
 for clients. While it will not engage in public securities research, sales,
 trading or brokerage, Qatalyst Partners may participate as advisor or
 underwriter in clients' public offerings.
     "The launch of Qatalyst is an important development for the technology
 industry," said Eric Schmidt, Chairman and CEO of Google. "Frank and his
 team bring unparalleled industry knowledge, a unique 25-year market
 perspective and candid, insightful judgment that CEOs greatly value on
 important strategic initiatives. I look forward to working with him again
 and am very enthusiastic about Qatalyst's prospects for success."
     Mr. Quattrone has advised technology companies globally since 1981
 while building successful technology banking franchises for Morgan Stanley,
 Deutsche Bank and Credit Suisse. Qatalyst's initial founders include
 Jonathan Turner, a technology M&A expert, who was formerly Global Head of
 Credit Suisse's Internet group and most recently served as Vice President
 of Corporate Development for online marketing leader QuinStreet; Adrian E.
 Dollard, formerly General Counsel of Credit Suisse's Technology group and a
 lawyer at Shearman & Sterling specializing in M&A, corporate finance and
 venture capital; and Neil Chalasani, most recently a Vice President with
 Evercore's Technology, Media & Telecom group; and will include Brian
 Slingerland, most recently a Vice President with Goldman, Sachs' Technology
 Media & Telecom group; and Brian Cayne, most recently an Associate at Vista
 Equity Partners. Qatalyst plans to expand its founding team over the next
 few months.
     "Frank's level of experience, wisdom and candor are unique assets that
 can make a significant difference to the long-term success of his clients,"
 said Bill Campbell, Chair of the Board of Intuit. "He is equally adept at
 providing sophisticated advice to the Boards of global giants on 'bet the
 company' transactions, and in coaching and nurturing the management teams
 of next generation leaders to help them achieve their dreams. I'm very
 excited about collaborating with him in his new venture."
     Frank Quattrone, Qatalyst's co-founder and CEO said "We will serve our
 clients as a catalyst for positive change by helping them navigate the
 forces affecting their industries, analyze the implications for them and
 their competitors, and develop and execute strategies to maximize long-term
 shareholder value. We believe the experience, perspective and judgment at
 the core of our advice will be of value to our clients, especially during
 challenging environments such as these."
     Advisory boutiques have gained increasing prominence on blockbuster M&A
 transactions over the past few years as CEOs and boards have valued
 objective, senior level advice from independent firms without the potential
 conflicts inherent in multi-service institutions with commercial lending,
 securities distribution and large private equity divisions. However, to
 date there has not been a high-end boutique dedicated to the global
 technology industry.
     "There is an enormous opportunity for an independent, high caliber
 advisory firm focused on the global technology sector," said Jim Breyer, a
 partner of venture capital firm Accel Partners. "Frank is truly
 world-class, both as a trusted advisor and a builder of excellent
 technology banking teams, and we look forward to working with him and his
 terrific team at Qatalyst."
     Gideon Yu, CFO of Facebook, formerly CFO of YouTube and SVP/Treasurer
 of Yahoo! added "Jonathan Turner has provided superb advice on some of the
 most important transactions of my career, combining tremendous sector
 insight with excellent deal savvy. I am excited about the opportunity to
 work with him and his partners at Qatalyst."
     Over the past three decades, Mr. Quattrone and the teams he has led
 have advised global technology companies on more than 400 mergers and
 acquisitions with an aggregate transaction value over $500 billion, and on
 more than 350 financings that raised over $65 billion. Qatalyst's founders
 have advised clients including: Accenture, Adobe, Agilent, AOL, Apple,, Applied Materials, Ascend, Baidu, Cisco, Cypress Semiconductor,
 Google, Hewlett-Packard, IBM, Intel, Intuit, Ironport, Jamdat, KLA, Linear
 Technology, Lucent, National Semiconductor, Netscape, Nortel, Omniture,
 Oracle, Orbitz, PCCW, Riverbed,, ST Microelectronics,
 Submarino, Synopsys, SynOptics, 3Com, VeriSign, VERITAS, Webex, Xilinx and
     Qatalyst Partners has submitted an application for registration as a
 broker-dealer with the SEC and has applied for membership in FINRA, the
 securities industry self-regulatory authority. While these applications are
 pending, Mr. Quattrone and his team will operate as Qatalyst, a division of
 JMP Securities, so that they can begin to advise clients immediately.
     "We chose to associate with JMP Securities due to its high quality
 overall reputation as a firm, my personal relationship with and confidence
 in its President Craig Johnson, and the complementary fit between our
 firms," Quattrone said. "While the period of this formal association will
 be temporary by design, Qatalyst and JMP will seek opportunities to refer
 each other business and support each other's success over time."
     "We are excited that Frank Quattrone and his partners chose to
 associate with JMP," said Craig Johnson, President of JMP Group. "We are
 pleased to be in a position to assist Qatalyst with its formation, knowing
 it will be a valued resource for its clients for years to come, and look
 forward to a long-term relationship between our firms." JMP Securities LLC
 is a wholly owned subsidiary of JMP Group Inc. (NYSE:   JMP), a San Francisco
 based investment bank that provides investment banking, sales and trading,
 and equity research services to corporate and institutional clients and
 alternative asset management products to institutional and high-net-worth
     Quattrone summed up by saying "My partners and I are passionate about
 the opportunity to build a world-class firm whose global network of
 relationships and high quality, responsive, independent, senior level
 advice can make a significantly positive long-term difference for our

SOURCE Qatalyst Group