207880 Resource 125367 200444 200444 1214488992335 1214594339782 Controlled Updata Advisors Promotes Joel Strauch To Partner

Experienced Advisor Leads Firm's Infrastructure Software Practice

Updata Advisors <a target="_blank" href="http://updataadvisors.com/interior_news.asp?newsid=259&sectionid=395&pagelevel=1" title="Press announcement">announced the promotion</a> of <a target="_blank" href="http://updataadvisors.com/team.asp?module=press&newsid=31" title="Joel Strauch">Joel Strauch</a> to Partner. Based in the Reston, Virginia office, Mr. Strauch heads Updata's Infrastructure Software practice and most recently advised SwapDrive, a leading provider of online backup and storage solutions, in its <a target="_blank" href="http://updataadvisors.com/transactions.asp?newsid=197" title="Symantec acquires SwapDrive">acquisition by Symantec</a>. Mr. Strauch joined Updata Advisors in 2005 bringing significant experience in both investment banking and in advising high-growth technology companies, having completed more than 50 transactions with aggregate value in excess of $4 billion.<br /><br />&quot;Joel is an experienced advisor to our clients who offers significant knowledge of value drivers, strategic developments, and technological trends for companies that participate in areas such as IT operations and management, storage, and application infrastructure,&quot; said Ira Cohen, Managing Partner of Updata Advisors. &quot;The combination of his breadth of experience and a hands-on approach has contributed to his past achievements and makes him well-suited to lead Updata's Infrastructure Software practice as that sector undergoes rapid change and continues to experience high levels of M&amp;A activity.&quot;<br /> 9 application/xml false infrastructure software Press announcement on the promotion of Mr. Strauch to Partner http://updataadvisors.com/interior_news.asp?newsid=259&sectionid=395&pagelevel=1 http://updataadvisors.com/transactions.asp?sector=13&level2id=55&level2name=Infrastructure%20Software&sectorname=ALL%20SECTORS Mozilla/5.0 (Windows; U; Windows NT 5.0; en-US; rv:1.9) Gecko/2008052906 Firefox/3.0 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125367 blog blogsite/UpdataAdvisors/web