GulfStar Group appoints new Technology Practice leader

GulfStar Group, a middle-market investment bank headquartered in Houston, has appointed Roshan Gummattira to lead the company’s Technology Practice.

Gummattira, who was recently promoted from senior vice president to managing director, has seven years of middle-market technology investment banking experience, including more than $6 billion of equity and debt financings, mergers and acquisitions, and strategic advisory transactions for software, IT services, and other technology-enabled businesses.

GulfStar's team will focus its efforts on technology companies with enterprise values ranging from $25 million to $350 million. Specific services include placement of capital and sale to a strategic or financial buyer. GulfStar's most recent closed technology industry transactions included the sale of Internet America to JAB Broadband and the sale of CDB Software Inc. to BMC Software.

Prior to joining GulfStar, Gummattira was a vice president in the technology investment banking group at JMP Securities in San Francisco, where he provided advisory and financing services to private and public technology companies. Previously, he worked as a software engineer at Texas Instruments. Gummattira holds a Master of Business Administration degree from the Red McCombs School of Business at the University of Texas, a Master of Electrical Engineering from Rice University, and a Bachelor of Science in Chemical Engineering from Rice University.

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