NEW YORK, July 8 (Reuters) - JPMorgan Chase ( JPM ) is
hiring Guggenheim Securities executive Mike Amez, as the
country's biggest bank continues to expand its technology
investment banking team and to provide specific expertise to
medium-sized companies, according to a staff memo.
Amez will join as Head of Mid-Cap Technology Services in
September and be based in Chicago, Global Co-Heads of Technology
Investment Banking Chris Grose and Greg Mendelson wrote in the
memo which was seen by Reuters.
At Guggenheim, Amez was a senior managing director in the
technology investment banking group, specializing in supporting
IT services, cybersecurity services and hyperscale cloud
infrastructure clients.
During his career, Amez "bolstered his expertise in
navigating the intricate and rapidly evolving technology sector,
while cultivating lasting relationships with clients," Grose and
Mendelson wrote.
The hire was announced less than six weeks after the
bank said it was
bringing on four executives
from rivals Goldman Sachs ( GS ), Bank of America ( BAC )
and Lazard ( LAZ ) to work with the technology team in the
investment bank on the West Coast.
JPMorgan ( JPM ) is already a powerful player in tech banking,
according to Dealogic data, and is working to deepen its
sub-sector expertise, industry analysts said.
Recently it landed major deals in the tech sector,
including advising Global Payments on its $24.25 billion
acquisition of payment processor Worldpay.
It also advised Turn/River on its
$4.4 billion take-private
deal of IT management software maker SolarWinds, as well as
DoorDash ( DASH ) on its
$3.9 billion acquisition
of the restaurant delivery platform Deliveroo ( DROOF ). It
additionally helped
CoreWeave ( CRWV )
with its $23 billion stock debut in March.