Barclays announced the appointment of Pedro Costa as Vice President of Technology, Media and Telecommunications (TMT) M&A in the US. Mr. Costa will be based in New York, reporting to Ihsan Essaid and Gary Posternack, global co-heads of M&A. Mr. Costa brings nearly 20 years of investment banking experience to Barclays, advising companies in software and digital media. In his new role, he will focus on advising large TMT companies on capital formation and strategic advice.
Throughout his career, he has advised over 100 domestic and international transactions worth over US$200 billion. Mr. Costa joins Barclays from Morgan Stanley, where he most recently served as a Managing Director and Head of Technology M&A for the Americas in the Technology Investment Banking Group. During his tenure at Morgan Stanley, he was instrumental in a number of notable mergers and acquisitions, including the recent sale of Magnet Forensics and Grayshift to Thoma Bravo, the IPO of IanQ through its merger with TMY Technology, and the sale and creation of ServiceChannel Fortive. Innovation through the merger of Rudolph Tech and Nanometrics and the sale of Medidata to Dassault Systèmes.
He spent five years in Sao Paulo in Morgan Stanley’s mergers and acquisitions practice in Brazil. Prior to joining Morgan Stanley, Mr. Costa worked at Bain and Warsaw in New York and McKinsey & Company in Lisbon. As Vice President of TMT M&A in the US, Mr. Costa’s appointment is the latest in a series of key strategic hires for Barclays, demonstrating Barclays’ continued investment in top talent in corporate and investment banking.
