Jason Russell Joins Solomon Partners
As Managing Director to Lead Industrial Technology Coverage
Solomon Partners today announced that Jason Russell has joined the firm as a Managing Director. He will serve as head of Industrial Technology coverage within Solomon Partners’ Technology, Media & Telecommunications (TMT) Group. Mr. Russell has over 15 years of finance and industry experience, most recently as an investment banker at Citi.
Commenting on the appointment, Marc S. Cooper, Solomon Partners’ Chief Executive Officer, said, “We are thrilled Jason Russell has joined the firm. His addition will help us build on the success of our TMT franchise and is very much in line with our comprehensive expansion strategy to continue to bring on top-tier talent and extend our advisory services into new sectors – in particular those sectors where we see strong connectivity and opportunities for collaboration with Natixis to better serve our clients.”
Richard S. Brail, Solomon Partners’ TMT Group Head, said, “Industrial Technology is a strategic growth area for Solomon Partners. It is a large and global market with significant potential as companies innovate and invest for the future. We are pleased to bring Jason onboard given his deep sector knowledge, industry relationships and transaction execution experience.”
Mr. Russell has wide-ranging experience advising clients across the TMT and Industrial landscape on M&A and capital market transactions. He has a particular focus on products and services at the intersection of these two sectors. His sector expertise includes industrial software (supply chain, manufacturing, identification), automated machinery (robotics, advanced manufacturing), vehicle systems (telematics, artificial intelligence), and building and smart home solutions.
Mr. Russell worked with Körber AG on its acquisition of HighJump Software, a leading US-based supply chain technology and cloud solutions specialist; Michelin on its €520 million acquisition of Sascar, Brazil’s largest digital fleet management company; Vivint, a leader smart home technologies, on its $2 billion sale to Blackstone; Eaton on its $290 million sale of its Aerospace Power Distribution and Integrated Cockpit Solutions businesses to Safran; and ADT on its $500 million acquisition of Protectron.
“I am delighted to be joining Solomon Partners at this stage of its growth strategy,” said Mr. Russell. “The team is exceptional and has a truly client-centric approach. With a dedicated concentration on Industrial Technology, we will be able to provide differentiated insights and superior strategic advice to clients in this rapidly evolving, connected world.”