Drew Pascarella is an expert in merger and acquisition (M&A) transactions, capital formation transactions, and valuation. Mr. Pascarella’s M&A expertise includes deal process, and his capital formation work spans initial public offerings (IPOs), follow-on equity offerings, convertible bond offerings, and bond offerings.
A former senior investment banker with extensive experience at bulge bracket banks, Mr. Pascarella has advised clients on M&A transactions valued at over $35 billion and led equity, convertible, and debt financing transactions that generated over $9 billion in proceeds. He has extensive expertise with transactions in the technology and telecommunications industries, among others.
Expert witness testimony in the Delaware Court of Chancery
As an expert witness, Mr. Pascarella has testified in depositions and trials, including on multiple matters in the Delaware Court of Chancery. He addressed valuation and damages in Verisk Analytics Inc. et al. v. AccuLynx.com et al., a dispute regarding a terminated merger agreement. In Hyde Park Venture Partners Fund III L.P. et al. v. FairXchange LLC, a post-merger appraisal, he analyzed the fair value of an early-stage commodity derivatives exchange.
Investment banking experience at Citigroup and Goldman Sachs
As a director in the Technology Investment Banking Group at Citigroup Global Markets, Mr. Pascarella led the execution of numerous notable transactions. These included the formation of Nokia Siemens Networks, the largest joint venture in corporate history; Nokia’s $8.1 billion acquisition of NAVTEQ and associated €1.8 billion debt initial public offering (IPO); Andrew Corporation’s $2.6 billion sale to CommScope; and Lucent’s $1.6 billion convertible bond offering.
Prior to joining Citigroup, Mr. Pascarella managed the design, development, implementation, and support of Goldman Sachs’s global trading technology systems, with a focus on fixed income, equities, FX, commodities, and external hedge fund clients. In addition, he has extensive expertise trading futures for agriculture, currencies, energy, and financial indices.
Mr. Pascarella served for more than a decade as managing director and head of East Coast Banking at Vista Point Advisors, which provides strategic M&A and capital-raising guidance to software (including SAAS) and internet businesses.
Teaching and academic roles
An award-winning professor at Cornell’s SC Johnson College of Business, Mr. Pascarella teaches courses on investment banking, with a focus on M&A, capital raising, valuation, and corporate finance. He directs the Investment Banking Immersion, a practitioner-led program for students seeking careers in banking, and is the former associate dean of M.B.A. programs.
Mr. Pascarella also founded SC Johnson’s M.B.A. Fintech Intensive, which provides in-depth instruction on blockchain, cryptocurrencies, and the role of technology applications in financial services.