London, UK Berlin, Germany 18th October - Torch Partners, one of Europe’s leading independent investment banks focusing on the technology media and telecoms sector, has announced the latest step in its expansion strategy with the opening of an office in Germany. The new office, which will be in Berlin, will enable Torch Partners to service the expanding pool of entrepreneurs, corporates and investors focused on high growth opportunities in Germany, as well as work with the increasing number of investors and businesses from across the globe that see an exciting future for this dynamic European technology hub.
Founded in 2003, Torch Partners provides M&A, fundraising and other strategic advice to entrepreneurs, corporates and investors with a focus on high growth companies in the TMT sector. In recent years, it has helped to create over €3 billion in value, working with an extensive range of companies across the TMT spectrum including TelecityGroup, Secret Escapes, Onapp, Skydox, Huddle, Summit Partners, Unruly Media and Just Eat - which attracted one of the largest rounds of fundraising in Europe this year.
The new German office will be headed up by Jens Munk, who has over 25 years of experience in the global technology industry, the last 10 providing strategic financial advice to investors, entrepreneurs and directors in technology, media and telecom companies in the enterprise and consumer areas.
Jens Munk: “Torch does what financial service organisations are meant to: align capital with innovative enterprises to create growth and wealth. The opening of our new German office in Berlin – our first in mainland Europe - will bring us closer to a wide range of German technology companies and extend our reach so that we can create value for a broader array of clients.”
Rupert Robson, CEO, concludes: “The market landscape for investment banking is shifting, with rapidly growing demand for a focused, client centric way of doing business. Torch’s relationship-based approach to serving global growth companies over their full corporate lifecycle, providing highly specialised advice based on extensive industry knowledge, means we are ideally placed to serve as a long term partner to ambitious high growth companies in the German and broader European marketplace.”