D.A. Davidson & Co. Continues Technology Investment Banking Expansion with Hiring of Steve O’Donnell

September 3, 2019

D.A. Davidson & Co. announced today that Steve O’Donnell has joined the firm’s technology investment banking team as managing director in Boston.

O’Donnell brings more than 20 years of experience focused on M&A advisory and growth-capital raising services for emerging growth companies across enterprise and vertical SaaS, technology-enabled business services and payments sectors.

“Steve is a highly regarded professional with deep industry expertise in the software space,” said Rory McKinney, head of investment banking at D.A. Davidson. “His broad experience and significant tenure providing differentiated advice across the technology ecosystem compliments our vision for our technology platform.”

“An important initiative of our investment banking group is the expanding and deepening of our technology capabilities,” said Monte Giese, president of equity capital markets at D.A. Davidson. “The addition of Steve to our team marks another noteable step in D.A. Davidson’s commitment to the sector.”

“D.A. Davidson has a track record of delivering outstanding results for its clients,” said O’Donnell. “Building upon the significant momentum the technology team is experiencing, I see a tremendous opportunity to create a powerful, global M&A and capital markets platform. I’m excited to partner with my new colleagues to help them achieve that goal.”

Prior to joining D.A. Davidson, O’Donnell was a managing director and co-head of the technology investment banking group at Stephens Inc. He also held a leadership role at ThinkEquity LLC, and served as managing director and co-head of the software and technology services investment banking group at RBC Capital Markets, LLC. O’Donnell received his MBA in finance from Duke University and holds a bachelor’s degree from Boston College.

D.A. Davidson’s technology investment banking team has experienced significant growth over the past 11 months, with O’Donnell being the fifth senior banker hire since October 2018. The team has successfully completed 21 transactions since June 2017 for an aggregate transaction value of $2.5 billion. As part of D.A. Davidson’s commitment to the technology sector, the firm will be hosting its 18th Annual Technology Conference this week, with more than 140 institutional investors and 60 companies in attendance. The conference begins tomorrow, September 4, 2019, in New York. 

D.A. Davidson's investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.

Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.

About D.A. Davidson Companies

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in Montana in 1935, with regional headquarters in Great Falls, Denver, Los Angeles, Portland and Seattle, the company has approximately 1,400 employees and offices in 25 states.

Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services; and Wells Nelson, a broker-dealer offering public finance and wealth management services.

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