Our team offers unparalleled experience and demonstrated excellence in executing transactions, providing advice and building long-term trusted relationships.
Gordon is a founding partner of DBO Partners. He began his professional career as a securities lawyer in Washington DC focusing on the IPOs of financial institutions. He joined Morgan Stanley in 1986 where he rose to become a Managing Director and Vice Chairman of Investment Banking. He ran the San Francisco Investment Banking operations and was co-head of the firm’s Western Region.
He has served on a variety of boards, including the Georgetown University Board of Regents as well as the boards of Engineering Change, KnowledgeBeat, the San Francisco Opera and the San Francisco Zoological Society, where he was Chairman.
Gordon earned an A.B. in Economics from Georgetown University, an M.B.A. from Yale University School of Management, and a J.D. from the Vanderbilt University School of Law, where he was a Patrick Wilson Scholar.
His favorite books read recently include The Coddling of the American Mind, The Once and Future Worker, Anxious People and The Keys to Winning a Duel.
Mark is a founding partner of DBO Partners. He started his career with Morgan Stanley in 1985 and spent 25 years there. While at Morgan Stanley, Mark was the Global Head of the Financial Sponsors group from 2000 – 2012 and was a member of the Investment Banking Management Committee. Currently, Mark is primarily focused on advising private equity firms on strategic matters and has advised TPG, Silver Lake, Permira and other prominent sponsors on selling minority stakes.
Nicholas’ banking career spans 37 years. He co-founded DBO Partners in 2012 where he has focused on industry defining technology M&A and capital raising transactions, including representing AMD in its $35 billion acquisition of Xilinx and Cloudera on its $742 million strategic investment from Intel. He also works closely with industrial and services companies pursuing digital transformation strategies and leading technology focused private equity firms. Prior to DBO, he was a Managing Director and Head of Global Technology Mergers & Acquisitions at Morgan Stanley. In this role he was responsible for managing relationships and advising on M&A transactions for leading global technology companies including Advanced Micro Devices, Applied Materials, Arcsight, Atmel, CNET, eBay, Electronic Arts, Ingram Micro, Intuit, Oracle, Omniture, Qlogic, Rightnow, Sandisk, Semtech and Zappos. He has extensive experience representing both buyers and sellers, structuring and negotiating significant JV’s and advising on activist and hostile situations.
Prior to joining the Morgan Stanley’s Technology M&A Group in 1996, Nicholas was a Vice President in the Financial Sponsor Group at Morgan Stanley and an Associate in the High Yield Finance Group at First Boston in New York City. Prior to attending business school, he completed the management program and was corporate finance officer focused on large multinational clients at JP Morgan in New York City.
Nicholas is a graduate of Williams College with a BA in Economics and of the Tuck School of Business Administration at Dartmouth College with an MBA.
David has over 30 years of experience in investment banking. He began his career at Morgan Stanley followed by a dozen years at Montgomery Securities and Donaldson Lufkin Jenrette. David then founded, built and sold East Peak Advisors, a leading M&A advisor to emerging technology companies prior to joining DBO in 2015. David has completed well over 100 transactions in his career.
David is responsible for developing business, managing relationships, providing strategic advice, and advising on M&A and financing transactions. He is known as a thought leader and hands-on advisor to growth companies and their investors in industries where technology plays a transformative role. Selected transactions at DBO include AGP, Oversight Systems, and ClearStory.
David earned a BS in Business Administration from the University of California, Berkeley and a MBA from the Harvard Graduate School of Business. He was a member of the 1984 US Olympic Rowing Team and finished sixth in the pair without coxswain event. David continues racing at the international level today.
David and his wife Elizabeth live in Larkspur, California and have three grown children.
Mathew joined DBO as a Partner in 2015 and has executed over 100 technology mergers, acquisitions and capital raising transactions in his 25 year technology investment banking career. After serving as lead advisor to AMD on their $35 billion acquisition of Xilinx, he was named a Top Investment Banker in North America for 2020 by MergerLinks.
Mr. Hein is responsible for managing relationships, providing strategic advice, advising on M&A transactions and leading financing transactions for established and emerging growth technology companies in hard tech / semiconductor and enterprise software markets. Previously, Mathew served 17 years at Morgan Stanley, including as a Managing Director in the Technology Investment Banking Group and as Global Head of Semiconductor Banking.
He has advised public and private companies, representing buyers and sellers in negotiated as well as unsolicited transactions, and has raised capital in private (venture, growth equity, private equity) and public (IPO, follow-on, PIPE, convertible, high yield, investment grade) capital markets. He has completed transactions for a broad range of technology companies, including AMD, Applied Materials, Arbor Software, Atmel, Autodesk, Broadcom, Brocade, Ethertronics, Forte Software, Informix, Ingram Micro, InvenSense, LSI, Microsemi, Netscape, Polycom, Redback, SanDisk, Seagate, SGI, SK Hynix, Spansion, Spreadtrum, Sybase, The ASK Group, TrustArc and Verigy.
Mr. Hein lives in Los Altos with his wife and three children. He currently serves on the Board of Universal Logic. Mr. Hein is a graduate of Stanford University with a BA in Civil Engineering and an AB in History.
Gordon has over 17 years of investment banking experience in the US and Asia. At DBO, Gordon’s clients span a wide range of industries, including industrials, technology, consumer products and cannabis. Prior to joining DBO, Gordon led Morgan Stanley’s Southeast Asia Mergers & Acquisitions business from 2013 to 2018. In this role he advised local, regional and global companies and investors on acquisitions, divestitures and joint ventures. He was previously a member of the Asia M&A team, based in Hong Kong. In over 10 years based in Asia, Gordon executed over $30Bn of complex, cross-border transactions for a diverse group of corporate, private equity and sovereign clients including AES, Aviva, Bank of Tokyo Mitsubishi, CITIC Capital, GE, KKR, Petronas, PetroVietnam, RBS, Temasek, TCC Group, TPG, and Vietnam Airlines.
Prior to moving to Asia in 2007, Gordon was a member of Morgan Stanley’s Financial Sponsors Group based in New York, where he played a critical role in several industry-defining transactions such as the 2006 IPO of KKR PEI and the 2007 IPO of The Blackstone Group. He has advised on over $11bn of equity IPOs and over $2Bn of lead-managed leveraged finance offerings in support of private equity clients.
Gordon earned a Bachelor of Mechanical Engineering degree with highest honors from the Georgia Institute of Technology and an MBA from the University of North Carolina’s Kenan-Flagler Business School.
Prior to joining DBO, Creighton ran his own advisory and consulting business, through which he served in executive management and business development roles for enterprise technology startups. Clients spanned a range of industries: Autonomous Mobility Design & Manufacturing; Security Software; Healthcare Data Analytics; Insurance Technology; and Secure Collaboration. Assignments included raising equity capital, strategy and market development and partnership management.
Prior to starting his own business, Creighton led West Coast State & Local Government business development and sales at Palantir Technologies, and served as Vice President of Investment Banking at WR Hambrecht.
Creighton has also held various business development, strategy and financial analyst roles at Rocket Lawyer, Renaissance Technologies (now Meritage Group) and Advent Software. He began his business career as an Associate at Merrill Lynch.
Creighton served for four years as an officer in the US Marine Corps, with deployments to Japan and the South Pacific, and to Kuwait and Iraq in support of Operations Enduring Freedom/Iraqi Freedom.
He holds a BA from Harvard University and an MBA from Stanford Business School.
Frank L. “Buz” Walters
Buz Walters is a former Vice Chairman, Global Investment Banking and Head of Venture Coverage in the Investment Banking Division at Bank of America Merrill Lynch. He has over two decades of senior management experience in working with and serving the venture capital community through investment banking. He is an expert in venture capital, private equity, alternative assets, IPO originations, mergers and acquisitions and private wealth management.
Prior to joining Bank of America Merrill Lynch, Walters was a senior advisor and head of Venture Coverage in the Investment Banking Division at Goldman Sachs. During his eight-year tenure with Goldman Sachs, Walters strategically positioned the firm as a leading provider of investment banking services targeted to private equity firms. Prior to Goldman, Walters was Head of Venture Coverage for Alex.Brown and Sons.
Walters holds a bachelor’s degree in economics and graduated cum laude from Washington and Lee University in Lexington, Virginia. He served on the W&L Foundation Board, and was former Board member and President, Youth Tennis Advantage. Buz and his wife Marianne live in Atherton, California.
Lauren is a Principal of DBO Partners, providing advisory services to enterprise technology, aerospace and defense, and security companies, as well as to investors in these markets. Lauren’s transaction experience at DBO Partners totals over $6Bn in value and includes the sales of cybersecurity and identity companies to Palo Alto Networks, CyberArk, and leading enterprise software investors, as well as the sale of AECOM’s government services business to Lindsay Goldberg & American Securities.
Previously, Lauren served in operating roles at multiple cybersecurity companies – as the head of product for RedOwl Analytics, a behavioral analytics solution for security and compliance, and then leading analytic integration across products at Forcepoint, following the sale of RedOwl to Forcepoint. Prior to Lauren’s operational experience, she was an advisor at Chertoff Capital, the investment banking subsidiary of Washington, DC-based Chertoff Group. There, Lauren managed multiple PE-backed exits for cybersecurity companies, including Thoma Bravo’s sale of Entrust to Datacard and Tripwire to Belden, and she provided extensive advisory services to leading PE acquirers of technology and government services business.
From 2008 to 2015, Lauren served as a U.S. Navy Reserve Intelligence Officer, supporting the Office of Naval Intelligence; multiple areas of the Department of Defense’s cybersecurity forces, including the Navy’s 10th Fleet and U.S Cyber Command; and the U.S. Pacific Fleet, providing Maritime Domain Awareness support.
Lauren lives in Oakland with her husband and two daughters. She is a graduate of Dartmouth College and has an MA from Georgetown University’s School of Foreign Service’s Security Studies Program.
Brian leads the global security practice for DBO Partners, with a particular focus both on cyber security and government services. Brian has completed transactions valued in excess of $10 billion. Recent transactions include the sale of Centrify to TPG, Lastline to VmWare, Idaptive to CyberArk, ZingBox to Palo Alto Networks, Amentum to Lindsay Goldberg and American Securities, and Advent’s purchase of ForeScout.
Beyond his background leading strategic and sponsor M&A deals, Brian has experience both as an operator and a senior government official. As an operator, Brian served as the President & COO and a member of the Board of Directors at RedOwl, a cybersecurity company that was acquired by Forcepoint in 2017. And as an advisor, Brian was a partner of the Chertoff Group where he led their advisory business and established the company’s West Coast technology advisory and investment banking practice. Brian’s past clients include AT&T, A16Z, Endgame Systems, Palantir, SpaceX, Raytheon, Northrop Grumman, Lockheed Martin, FireEye, and his previous deal experience includes the Arlington Capital Partners roll-up of Novetta, TripWire’s sale to Belden, and Entrust’s sale to DataCard.
Brian also served as a senior official at the Department of Homeland Security, where he concluded his tenure as Chief of Staff to the Deputy Secretary. Other notable positions include serving as the Chief of Staff in the Office of Policy; and serving as the first Congressionally mandated Director of Cargo, Maritime, and Trade Security policy. Brian also served as a Professional Staff Member in both the United States Senate and United States House of Representatives. Brian currently serves on the Board of Advisors at the Maxwell School of Citizenship and Public Affairs at Syracuse University. Brian holds an MPA from the Maxwell School of Citizenship and Public Affairs at Syracuse University; and a B.S. from Syracuse University where he was a Division 1 student-athlete.
Bryant is a founding member of DBO Partners. He focuses on M&A and private placement transactions in the technology sector, with an emphasis on enterprise software and cybersecurity.
He has executed a range of transactions, including strategic M&A, private equity, carve-outs, going public, going private, and capital raises for companies of all sizes (founder-led start-ups to public companies).
Prior to DBO, Bryant was an Analyst at Morgan Stanley in the Financial Sponsors Group focusing on M&A and corporate finance advisory services for Private Equity firms and their portfolio companies.
Bryant is a Bay Area native and lives in Hillsborough, CA with his wife, Lauren, and two children. He received his B.A. from the University of Pennsylvania where he was Captain of the Varsity Golf Team.
Since September 2013, Margaret “Peggy” Hodel has been the external accountant for DBO Partners. In April 2018, she expanded her role to that of Chief Administrative Officer, with additional responsibilities covering compliance, real estate, technology and human resources.
Peggy began her accounting career with Deloitte & Touche, and is a licensed California certified public accountant. She received her BA in mathematics from Dominican University.
Peggy lives in San Rafael, and is an active member of Marin Tennis Club, having been a member of the Board of Directors and Finance Committee, in addition to playing on multiple USTA competitive tennis teams. Peggy also volunteers with AARP Tax Aide, a non-profit tax preparation program for low income taxpayers.
Josh has had experience across industries since joining DBO in 2018 as an analyst, including AMD’s acquisition of Xilinx and International Speedway Corporation’s sale to NASCAR. He graduated Phi Beta Kappa and Tau Beta Pi from Stanford University where he completed a BS in Management Science and Engineering. Before joining DBO, Josh had experience in investing while working in the Long/Short Equity Group at Farallon Capital Management.
Greg is an Associate at DBO Partners and joined the firm in 2020. Prior to joining DBO, Greg was an Investment Associate at Portfolio Advisors LLC from 2015 to 2017, where he focused on direct private equity co-investments and mezzanine debt investments. Before this, he was an Analyst in the Syndicated & Leveraged Finance group at J.P. Morgan, and an Analyst in the Capital Markets division at Morgan Stanley Wealth Management.
Greg specializes in advising private equity and venture capital firms on raising permanent capital. He worked on Mubadala’s minority investment and $2Bn LP commitment in Silver Lake Partners in 2020. He is originally from New York and graduated cum laude from Lafayette College with a Bachelor of Arts in Economics and Government & Law. He also holds an MBA from the University of California, Berkeley, Haas School of Business.
Steve is an Associate at DBO Partners and joined the firm in 2020.
Steve’s deal experience at DBO includes: Mubadala’s strategic investment into Silver Lake Partners, Advent International’s acquisition of Forescout Technologies, and TPG’s and TA Associates’ acquisition of Planview.
Prior to joining DBO, Steve spent seven years in the investment management industry, having been a Research Associate at RS Investments and Franklin Templeton Investments. His sector coverage responsibility included consumer discretionary and industrials sectors.
Steve earned a Bachelor of Arts in Political Science from Colgate University and is a CFA® charterholder.
Will joined DBO Partners as an analyst in 2020. He helped support the sale process of Centrify to TPG Capital and ShieldX Networks to Fortinet.
He graduated from the University of California, Berkeley with a Bachelor of Arts in Economics. He also completed a second major in Political Science with a concentration in International Relations and a minor in Spanish Language and Literatures. While at UC Berkeley, Will held a leadership position in the Berkeley Business Society and competed on the Cal Dragon Boat team. Prior to joining DBO, he completed internships in the technology groups at Mizuho and Alantra.
Sam joined DBO Partners in 2020 after a summer internship with the firm in 2019. He has worked on a variety of transactions including AECOM’s sale of its Power and Civil businesses. Furthermore, he has worked with companies in supply chain SaaS, fintech, cybersecurity, video conferencing, cannabis, and ecommerce. He graduated from the Marshall School of Business at the University of Southern California with a B.S. in Business Administration with a focus in Finance.
Jake joined DBO Partners as an analyst in 2020 after a winter internship with the firm in 2019. He graduated Phi Beta Kappa and Phi Alpha Theta from Dartmouth College where he completed a Bachelor of Arts in History with focuses on Colonial India and Post-War Japan. While at Dartmouth, Jake was a Presidential Scholar and an Undergraduate Residential Advisor. Prior to joining DBO, he completed internships at Cambridge Associates and Coady Diemar Partners.
Jake currently severs on the Young Professionals Board of College Track, a Bay Area non-profit helping students in underprivileged communities earn their bachelor’s degrees.
Arush joined DBO Partners in 2020 after a summer internship with the firm in 2019. Arush has worked on AECOM’s divestiture of Amentum, Palo Alto Networks’ acquisition of Zingbox, AMD’s acquisition of Xilinx, and Appgate’s convertible note offering. He graduated magna cum laude from the University of Pennsylvania with a B.S. in Finance from the Wharton School of Business and B.S.E in Electrical Engineering. Prior to joining DBO, Arush held internships at CalAmp and Narbis.
Peter has over 4 years of experience and joined DBO Partners as an analyst in 2020. Since joining DBO, he has partnered with companies in a variety of industries ranging from cybersecurity to civil construction to consumer products. He graduated cum laude from Bucknell University where he completed a BS in Business Administration with a concentration in Accounting and Financial Management. At Bucknell, he was a four-year member of the Men’s Soccer Team in addition to captaining the team his senior year. Prior to joining DBO, he spent three years at J.P. Morgan Private Bank supporting financial principals with investment advice and structuring fund level credit facilities.
Donald joined DBO Partners in 2019 after a summer internship with the firm in 2018. While at DBO he has worked on numerous transactions across the technology landscape, including AMD’s acquisition of Xilinx and VMWare’s acquisition of Lastline. He graduated cum laude and Phi Alpha Theta from the University of Notre Dame with a Bachelor of Business Administration in Finance. He also completed a second major in History with concentrations in Revolutions and Asian history. While at Notre Dame, Donald held leadership positions in the Wall Street Club and Student International Business Council. Prior to joining DBO, he completed an internship at JFP Holdings in Beijing, China.