MELVILLE, N.Y., July 11, 2016 /PRNewswire/ -- martinwolf | M&A Advisors today announces the promotion of Seth Collins to Managing Director and the opening of a New York Office. Seth will head the New York office, located at 200 Broadhollow Road Suite 207, Melville, NY 11747.
Said Marty Wolf, founder and President, "Our firm is constantly growing, and our new presence in New York provides a natural complement to our Silicon Valley headquarters. This office maximizes our opportunity to become a leader in the regional IT space and helps better serve our clients in the eastern United States."
Said Seth: "martinwolf has a rich and successful history in IT M&A across the globe, and I'm excited to expand our geographical footprint to reflect that. With our New York office, we will be able directly work with clients in a convenient, dedicated setting."
Seth joined martinwolf in 2013 with more than 20 years of IT industry experience and heads the firm's IT Services practice. He has advised Fortune 500 companies and other market leaders in cloud and managed services, staffing, outsourcing, infrastructure and other services, including professional services such as implementation, customization, and application development. Notable transactions Seth has successfully led during his time at martinwolf include the sales of Thrupoint, Thrive Networks (the managed services subsidiary of Staples) and Systemax's North American Technology division (TigerDirect).
Prior to joining martinwolf, Seth was President of Manchester Technologies, a $320M publicly traded systems integrator and distributor where he successfully grew the company while increasing the bottom line. He engaged martinwolf to sell the company in two parts: first in an asset transaction to ePlus, then in a public-to-private transaction to private equity firm Caxton-Isman Capital (now CI Capital Partners). The sale generated a 3x increase in shareholder value during his tenure.
He also has served as a Director on the boards of two public companies: Manchester Technologies and Veramark Technologies, Inc.
His career also includes employment at Andersen Consulting (Accenture), Oracle, and National Westminster Bancorp. He graduated from Rensselaer Polytechnic Institute. Seth is a FINRA-registered broker.
With offices in Silicon Valley and New York, martinwolf is a leading M&A Advisory firm focusing exclusively on the mid-market IT Services, IT Supply Chain, IT-Enabled Business Process Outsourcing and Software as a Service (SaaS) spaces. Our team features a diverse staff of principals and senior bankers, many of whom are themselves experienced owner-operators and technology executives from around the globe. We are uniquely poised to advise our clients on their many opportunities to create value and drive continued success. Throughout our 19 years as a firm, we have completed more than 140 mid-market IT transactions and sold seven divisions of Fortune 500 companies across 19 different countries. Member FINRA, SIPC.
For more information, visit http://www.martinwolf.com.