Cisco Hires Boutique M&A Advisor Tidal Partners for $28B Splunk Deal, Beating Out Larger Firms

Cisco taps new M&A firm Tidal Partners for $28B Splunk deal. Tidal advised on the deal, beating out larger firms.
Tidal launched last year by former Centerview Partners bankers David Handler and David Neequaye. Based in Palo Alto.
Handler previously advised Cisco on deals at Centerview. Relationship helped win Splunk deal.
Tidal's win comes as more tech bankers launch boutiques amid slowdown.
Handler sued Centerview after departure over pay dispute. Had helped build tech advisory group.

reuters.com

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