Enterprise Technology & Services

Investment Banking

Our integrated global Enterprise Technology and Services (ET&S) team, which is spread across the US, Europe and India, allows us to act locally, while utilizing global relationships and best practices to enrich our solutions.

As a practice, we believe in building our thought leadership in this dynamic technology sector, through our deep and long-term relationships with relevant industry players, extensive transaction flow and regular publication of reports on emerging industry trends as well as on topical areas like cross-border taxation and structuring. With over 100 transactions in the sector, the firm has a global network of buyer and investor relationships in the US, Europe and Asia.

Sub-Sectors in Focus

Our mergers and acquisitions (M&A) advisory and private equity (PE) syndication services are recognized as amongst the best in these chosen sub-sectors.

  • Digital transformation service
  • Software product development for enterprises
  • Cloud enablement
  • Intellectual property led new generation solutions – IaaS, PaaS, SaaS
  • Traditional technology services
  • IT infrastructure management services
  • Vertical specific IT solutions in BFSI and healthcare

Led By

Puneet Shivam

Managing Director, US, and Co-head, Enterprise Technology & Services

Puneet Shivam founded the Avendus US entity along with the founders in 2007 and currently co-heads the Enterprise Technology and Services (ET&S) vertical for Avendus’s investment banking business. He is based in the US. Puneet has over 17 years of experience in financial services and consulting. He has led multiple complex transactions across the US, Europe, and Asia in the past decade. 

Prior to joining Avendus, Puneet was a Board Member and Head of Management Financial Services Consulting at Inductis, a boutique financial and management consulting firm which was successfully sold to EXL Service. He started his career at Morgan Stanley and has also worked at Andersen and Mitchell Madison Group.

Puneet holds an MBA degree from the IIM, Ahmedabad and has earned his Master's degree in engineering management from IIT, Kanpur. He is a frequent speaker on the topics of entrepreneurship and mergers and acquisitions (M&A) and is a guest lecturer at the Columbia Business School. He is licensed in the US by FINRA with Series 7, 24, 63 and 66 licenses. 

Shobhit Jain

Managing Director and Co-head, Enterprise Technology and Services, Avendus Capital

Shobhit Jain is a seasoned Investment Banker with over two decades of expertise in strategic advisory. He currently serves as a Managing Director and co-heads the Enterprise Technology & Services practice at Avendus Capital.

Throughout his career, Shobhit has demonstrated proficiency in various aspects of Investment Banking, including M&A, strategic advisory, deal structuring, transaction sourcing and public & private financing for both domestic and cross-border transactions. He possesses deep knowledge across core and high-growth areas of IT services, such as digital engineering, analytics, cloud, as well as vertical-focused BPM areas such as Healthcare, BFSI and Insurance.

Shobhit has spearheaded landmark deals, including the merger-demerger of KPIT Technologies and Birlasoft to create two independently controlled listed entities, the sale of majority stake in SLK Global to Coforge, USD 50 million fund raised for TheMathCompany led by Brighton Park Capital, HIG Capital's majority stake in Navita Life Sciences and demerger of Mastek's insurance business into Majesco. He has also played a key role in advising Indian and multinational companies on various IPOs, QIPs, block deals, open offers, buybacks and delisting offers including iGate's delisting of Patni Computers.

Prior to joining Avendus Capital, Shobhit served as a Senior Vice President in the technology and media investment banking vertical at Kotak Investment Bank, contributing to the firm's success for over ten years.

He is a Chartered Accountant and has a Master’s degree in Commerce from Mumbai University.


Get in touch

Connect with us on tech-outsourcing@avendus.com and we’ll get in touch with you.