Barclays appoints new co-heads of technology M&A

Last Updated: Tue, Jun 07, 2011 00:50 hrs

Barclays Capital has appointed Greg Dalvito and Richard Hardegree to co-head its technology mergers and acquisitions group, according to a memo obtained by Reuters on Monday.

A Barclays spokesman confirmed the contents of the memo. Dalvito, who has headed media M&A at Barclays for nearly five years, will be based in New York. At Barclays, he most recently advised Mediacom's special committee in the $3.9 billion take-private transaction; Vivendi in the sale of its $6 billion stake in NBC Universal; and Scripps Networks Interactive Inc in the $1 billion acquisition of The Travel Channel.

Hardegree has spent the last five years as a senior member of the technology M&A team. Based in Menlo Park, California, he has advised on over 50 technology transactions, including Cisco Systems Inc , Advanced Micro Devices Inc , Nokia Siemens Networks, Avago Technologies Inc and KLA-Tencor Corp .

Barry Boniface will head the communications and Media M&A team at Barclays. Boniface has over 20 years of industry experience and has been Chairman and head of the bank's communications M&A business for 4 years.

Boniface has advised clients on numerous high-profile transactions, including CenturyLink Inc's acquisition of Qwest and AT&T Inc's acquisition of Centennial.

In May, JPMorgan Chase & Co hired Barclays Capital's former head of technology mergers and acquisitions, Drago Rajkovic.

At JPMorgan, Rajkovic is heading up the technology M&A group based in San Francisco.

(Reporting by Nadia Damouni; editing by Andre Grenon)

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