Centerview Hires Citi Telecoms Banker Gordon Kroft
Centerview, a financial advisory firm, has recently hired Gordon Kroft, a telecoms banker from Citigroup. Kroft is set to join the firm as a partner in the telecoms, media, and technology (TMT) group.
Background of Gordon Kroft
Kroft has been with Citigroup for the past two decades. He has held various positions in the bank, including global head of telecoms, media, and technology investment banking. He has also been a member of the bank’s global management committee.
Kroft has advised on some of the largest deals in the telecoms, media, and technology sectors. He has worked on transactions such as the $85 billion merger between AT&T and Time Warner, the $26 billion merger between Charter Communications and Time Warner Cable, and the $20 billion merger between Verizon and Yahoo.
Centerview’s Expansion
Kroft’s hiring is part of Centerview’s expansion into the telecoms, media, and technology sectors. The firm has been expanding its presence in the sector in recent years, and Kroft’s hiring is seen as a major step in that direction.
Centerview has been actively recruiting experienced bankers from other firms. In the past year, the firm has hired bankers from Goldman Sachs, Morgan Stanley, and Credit Suisse.
Centerview’s TMT Group
Centerview’s TMT group is led by co-founder and managing partner Blair Effron. The group has advised on some of the largest deals in the sector, including the $85 billion merger between AT&T and Time Warner, the $26 billion merger between Charter Communications and Time Warner Cable, and the $20 billion merger between Verizon and Yahoo.
The group has also advised on a number of other deals, including the $3.5 billion acquisition of Tribune Media by Nexstar Media Group, the $2.5 billion acquisition of Tribune Media by Sinclair Broadcast Group, and the $1.5 billion acquisition of Tribune Media by Apollo Global Management.
Centerview’s Reputation
Centerview has established itself as one of the leading financial advisory firms in the world. The firm has advised on some of the largest and most complex deals in the sector, and its reputation for providing high-quality advice has made it a sought-after advisor.
The firm has also been recognized for its commitment to diversity and inclusion. In 2020, Centerview was named one of the “Best Places to Work for LGBTQ Equality” by the Human Rights Campaign.
Conclusion
Centerview has recently hired Gordon Kroft, a telecoms banker from Citigroup, as a partner in its telecoms, media, and technology group. Kroft has a long history of advising on some of the largest deals in the sector, and his hiring is seen as a major step in Centerview’s expansion into the sector. The firm has established itself as one of the leading financial advisory firms in the world, and its commitment to diversity and inclusion has made it a sought-after advisor.