CSE alum takes managing director role in enterprise application sector

Computer science and engineering alum Andy Livadariu '93 has joined investment bank and wealth manager Oppenheimer & Co. as a managing director in the firm's Global Technology Investment Banking Group. He will provide strategic and capital raising advisory services in the enterprise application software (EAS) sector.

Livadariu will be based out of Denver and reports to Robin Graham, head of technology, media and communications investment banking. 

“We continue to expand our technology banking team with highly experienced investment bankers that bring deep domain expertise to our clients” says Graham. “Andy’s considerable experience providing strategic advice to application software companies, particularly in the human capital management and customer experience sectors, is a strong complement to our current senior software banking team.”

Livadariu joins Oppenheimer with nearly 20 years of experience advising clients across the broader technology and enterprise application software market. Previously, Livadariu was with Piper Jaffray where he covered application software and led the human capital management practice. Prior to Piper Jaffray, he spent more than a dozen years with GCA, Citigroup, and UBS.

“The application software market currently represents $250 billion in current spend and is projected to grow to a staggering half a trillion dollar market by 2024, " says Livadariu. "However, across ERP, CRM, SCM, BI, BPM, HCM, PPM, CX, etc. a significant portion of the investment dollars reside on legacy and on-premise solutions that are rapidly being migrated to the cloud. Additionally, the current rate of innovation displacing first and second generation SaaS solutions with increasingly customer-centric solutions are driving further acceleration and adoption of new entrants. This is an exhilarating time to be a software banker.” 

Livadariu has had primary product focus on mergers and acquisitions across the application software sector. He has advised on buy-side, sell-side, fairness opinion, takeover defense and virtually all other types of M&A and strategic advisory matters for both public and private software companies.

In addition to his Bachelor of Science degree in computer engineering from Lehigh, Livadariu holds an MBA from the Ross School of Business at the University of Michigan and a Master of Science degree in computer science from Rensselaer Polytechnic Institute.