Moelis & Company has announced the appointment of Zach Righellis as a Managing Director providing financial and strategic advice to corporate clients, with a focus on the semiconductor and electronics industries. Righellis will join the Firm in mid-July and will be based in Palo Alto.
Righellis will join Moelis & Company with more than 15 years of investment banking and management consulting experience during which time he has provided strategic advice to corporate clients on M&A, IPOs, capital markets and restructuring transactions. Most recently, Righellis served as a Managing Director at Barclays, formerly Lehman Brothers, in Menlo Park advising on both M&A and capital markets transactions for semiconductor and electronics companies in the U.S., Asia, Europe and Israel. Righellis joined Lehman Brothers in 2005, working across several technology sectors including software, communications technology and cleantech, and began focusing on semiconductors and electronics in 2006. Previously, Righellis was a consultant in technology and operations at Sapient Corporation.
Rick Leaman, Managing Partner of Moelis & Company, said, 'The semiconductor industry is in the midst of a consolidation period that is reshaping the sector. Larger players are looking at strategic growth opportunities while smaller companies are more actively considering acquisitions, sales, or mergers as growth slows and research and development spending increases. Zach’s experience in this sector will provide unique benefits to our clients in the semiconductor space'.