2015 STRICTLY PRIVATE AND...
Transcript of 2015 STRICTLY PRIVATE AND...
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2015 STRICTLY PRIVATE AND CONFIDENTIAL
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1 QUARTERLY TECH REPORT - 2015
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SECTION 1
2015 STRICTLY PRIVATE AND CONFIDENTIAL
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3 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
A MARKET-LEADING CORPORATE FINANCE ADVISORY FIRM… …WITH GLOBAL REACH
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DEEP DOMAIN EXPERTISE IN THREE INTER-RELATED SECTORS… …AND BROAD INDUSTRY NETWORKS
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DIGITAL
SERVICES
QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
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IT / CONSULTING SERVICES MARKETING COMMUNICATIONS
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IT / CONSULTING SERVICES MARKETING COMMUNICATIONS
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IT / CONSULTING SERVICES MARKETING COMMUNICATIONS
QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
REVENUE GROWTH (2015-16E) EV / REVENUE 2015E
EBITDA MARGIN 2015E EV / EBITDA 2015E
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7 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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8 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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9 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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10 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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11 QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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OPERATING METRICS VALUATION METRICS
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE REV. GROWTH GROSS MARGIN REVENUE EBITDA
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
IT / CONSULTING SERVICES
EBITDA MARGIN
QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
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OPERATING METRICS VALUATION METRICS
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE REV. GROWTH GROSS MARGIN REVENUE EBITDA
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
MARKETING COMMUNICATIONS
EBITDA MARGIN
QUARTERLY TECH REPORT – 2015, YEAR IN REVIEW: DIGITAL SERVICES
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PARTNER - LONDON PARTNER – NEW YORK PARTNER – LONDON PARTNER – NEW YORK PARTNER – APAC
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SECTION 2
2015 STRICTLY PRIVATE AND CONFIDENTIAL
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16 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
A MARKET-LEADING CORPORATE FINANCE ADVISORY FIRM… …WITH GLOBAL REACH
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DEEP DOMAIN EXPERTISE IN THREE INTER-RELATED SECTORS… …AND BROAD INDUSTRY NETWORKS
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LARGE CAP MID CAP
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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SMALL CAP
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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REVENUE GROWTH (2015-16E) EV / REVENUE 2015E
EBITDA MARGIN 2015E EV / EBITDA 2015E
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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OPERATING METRICS VALUATION METRICS
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE SUBSCRIPTION REV. GROWTH GROSS MARGIN EBITDA MARGIN REVENUE EBITDA
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 HISTORICAL CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
LARGE CAP
MID CAP
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QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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OPERATING METRICS VALUATION METRICS
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE SUBSCRIPTION REV. GROWTH GROSS MARGIN EBITDA MARGIN REVENUE EBITDA
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 HISTORICAL CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
SMALL CAP
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QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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DIRECTOR – LONDON PARTNER – NEW YORK PARTNER – LONDON PARTNER – NEW YORK PARTNER – APAC
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: SAAS
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SECTION 3
2015 STRICTLY PRIVATE AND CONFIDENTIAL
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25 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
A MARKET-LEADING CORPORATE FINANCE ADVISORY FIRM… …WITH GLOBAL REACH
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DEEP DOMAIN EXPERTISE IN THREE INTER-RELATED SECTORS… …AND BROAD INDUSTRY NETWORKS
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26 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
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Q4 2015 PERFORMANCE
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27 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH LA
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HEALTHCARE IT - EUROPE HEALTHCARE IT - US BIOPHARMA IT
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28 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
COMPANY IPO
DATE DESCRIPTION
RAISED ($M)
INDICATIVE PRICE RANGE ($)
IPO LISTING PRICE ($)
INCREASE VS. RANGE
DAY 1 INCREASE
CURRENT INCREASE(1)
CURRENT EV ($M)
EV / REVENUE 2015E
EV / EBITDA 2015E
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29 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
REVENUE GROWTH (2015-16E) EV / REVENUE 2015E
EBITDA MARGIN 2015E EV / EBITDA 2015E
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TOTA
L D
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LOSED
DEA
L V
ALU
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$M
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NU
MB
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OF D
EA
LS
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
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31 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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32 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
DATE BUYER TARGET EV ($M) EV/REVENUE EV/EBITDA COMPANY DESCRIPTION TARGET
LOCATION
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DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATION COMPANY DESCRIPTION COMPANY LOCATION
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34 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATION COMPANY DESCRIPTION COMPANY LOCATION
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OPERATING METRICS VALUATION METRICS
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE REV. GROWTH GROSS MARGIN REVENUE EBITDA
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
GENERALISTS WITH SIGNIFICANT HEALTHTECH EXPOSURE
HEALTHCARE IT - EUROPE
HEALTHCARE IT - US
BIOPHARMA IT
EBITDA MARGIN
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
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36 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: HEALTHTECH
MANAGER - LONDON PARTNER – NEW YORK PARTNER – LONDON PARTNER – NEW YORK PARTNER – APAC
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SECTION 4
2015 STRICTLY PRIVATE AND CONFIDENTIAL
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DEEP DOMAIN EXPERTISE IN THREE INTER-RELATED SECTORS… …AND BROAD INDUSTRY NETWORKS
A MARKET-LEADING CORPORATE FINANCE ADVISORY FIRM… …WITH GLOBAL REACH
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QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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OPPORTUNITY
OUTCOME
PAUL KENYON & MARK AUSTIN, FOUNDERS & CO-CEOS, AVECTO, COMMENT:
SITUATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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Q4 2015 PERFORMANCE
LAST
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QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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41 LA
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BROADLINE ENDPOINT NETWORK DATA
MONITORING
& ANALYSIS
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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COMPANY IPO
DATE DESCRIPTION
RAISED ($M)
INDICATIVE PRICE RANGE ($)
IPO LISTING PRICE ($)
INCREASE VS. RANGE
DAY 1 INCREASE
CURRENT INCREASE(1)
CURRENT EV ($M)
EV / REVENUE 2015E
EV / EBITDA 2015E
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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43
REVENUE GROWTH (2015-16E) EV / REVENUE 2015E
EBITDA MARGIN 2015E EV / EBITDA 2015E
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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44 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
TOTA
L D
ISC
LOSED
DEA
L V
ALU
E (
$M
)
NU
MB
ER
OF D
EA
LS
![Page 46: 2015 STRICTLY PRIVATE AND CONFIDENTIALresultsig.com/.../2016/01/The-Tech-Report-2015-Market-Reviews-Fina… · 5 80 85 90 95 100 105 110 115 120 quarterly tech report – 2015, year](https://reader036.fdocuments.in/reader036/viewer/2022071216/604869ec6fc4df79d5211e95/html5/thumbnails/46.jpg)
45
DATE BUYER TARGET EV ($M) EV /
REVENUE EV /
EBITDA COMPANY DESCRIPTION
TARGET LOCATION
PE Consortium
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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46
DATE BUYER TARGET EV ($M) EV /
REVENUE EV /
EBITDA COMPANY DESCRIPTION
TARGET LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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47
DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATION COMPANY DESCRIPTION COMPANY LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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48
DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATION COMPANY DESCRIPTION COMPANY LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
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49 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
PRICE % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE REV. GROWTH GROSS MARGIN EBITDA MARGIN
COMPANY (31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE CY2015 CY15-16 HISTORICAL CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
BROADLINE
ENDPOINT
NETWORK
DATA
MONITORING & ANALYSIS
OPERATING METRICS VALUATION METRICS
REVENUE EBITDA
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50
DIRECTOR – LONDON
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: CYBERSECURITY
PARTNER – NEW YORK PARTNER – LONDON PARTNER – NEW YORK PARTNER – APAC
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SECTION 5
2015 STRICTLY PRIVATE AND CONFIDENTIAL
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52
A MARKET-LEADING CORPORATE FINANCE ADVISORY FIRM… …WITH GLOBAL REACH
•
•
•
•
•
•
DEEP DOMAIN EXPERTISE IN THREE INTER-RELATED SECTORS… …AND BROAD INDUSTRY NETWORKS
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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53 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
LAST
12 M
ON
TH S
HA
RE P
RIC
E P
ER
FOR
MA
NC
E
Q4 2015 PERFROMANCE
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54
ADTECH DIVERSIFIED INTERNET MARTECH DATA
LAST
12 M
ON
TH S
HA
RE P
RIC
E P
ER
FO
RM
AN
CE
Q4 2
015
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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55
COMPANY IPO DATE DESCRIPTION RAISED
($M) INDICATIVE PRICE
RANGE ($) IPO LISTING PRICE ($)
DAY 1 INCREASE
CURRENT INCREASE
CURRENT EV ($M)
EV / NET REVENUE 2015E
EV / EBITDA 2015E
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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56
REVENUE GROWTH (2015-16E) EV / NET REVENUE 2015E
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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57
TOTA
L D
ISC
LOSED
DEA
L V
ALU
E (
$B
N)
NU
MB
ER
OF
DEA
LS
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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58
DATE BUYER TARGET EV ($M) EV/REVENUE COMPANY DESCRIPTION TARGET
LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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59
DATE BUYER TARGET EV ($M) EV/REVENUE COMPANY DESCRIPTION TARGET
LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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60
DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATON COMPANY DESCRIPTION COMPANY LOCATION
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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61
DATE COMPANY TYPE OF ROUND
FUNDS RAISED ($M)
INVESTOR PARTICIPATON COMPANY DESCRIPTION COMPANY LOCATION
(3)
(1)
(2)
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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62
COMPANY OPERATING METRICS VALUATION METRICS
PRICE ($) % OF 52 MARKET TOTAL NET ENTERPRISE REVENUE GROWTH EBITDA MARGIN NET REVENUE EBITDA Revenues
(31-DEC-15) WEEK HIGH CAP CASH DEBT VALUE ($M) CY14-15 CY15-16 CY2015 CY2016 CY2015 CY2016 CY2015 CY2016
ADTECH
MARTECH
DATA
DIVERSIFIED INTERNET
QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
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63 QUARTERLY TECH REPORT – 2015 ANNUAL REVIEW: ADTECH & MARTECH
DIRECTOR – LONDON PARTNER – NEW YORK PARTNER – LONDON PARTNER – NEW YORK PARTNER – APAC