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Stock impact report

M&A boutique firm Tidal Partners hires Evercore banker for software dealmaking [Yahoo! Finance Canada]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
NEW YORK (Reuters) - Tidal Partners, a mergers and acquisitions advisory firm launched in 2022 by former Centerview Partners dealmakers, has hired investment banker Anand Sankaralingam from Evercore, according to people familiar with the matter. Sankaralingam, who joined Evercore in 2014 and is currently on gardening leave, will start his new role at Tidal Partners this month and focus on dealmaking in the software industry, the sources said, requesting anonymity as the matter is private. Sankaralingam, who will be based in Palo Alto, California, has advised on deals involving companies such as Palo Alto Networks, Tesla, Facebook, Yahoo, Aruba, EverCommerce, eSentire, and Intapp. Prior to his stint at Evercore, Sankaralingam was an engineer at Netflix and Yahoo for more than six years, according to his LinkedIn profile. Tidal Partners declined to comment. Evercore did not respond to requests for comment. Palo Alto-based Tidal Partners was started by veteran technology banke Show less Read more
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