MOVES-Moelis hires software banker from Deutsche Bank

SAN FRANCISCO, April 20 (Reuters) - Lee Counselman, an investment banker focused on software and services, has left Deutsche Bank AG to join boutique investment bank Moelis & Co, a statement by Moelis said on Thursday.

Counselman will be based in Boston and he starts in July. He was most recently the global head of software investment banking at Deutsche Bank and held a prior role as Deutsche Bank’s co-head of technology M&A.

He joined Deutsche Bank in 2005 from Merrill Lynch. Deutsche Bank could not immediately be reached for comment.

Moelis co-president Navid Mahmoodzadegan said that Counselman will join the firm’s technology, media and telecommunications franchise.

“Our clients will benefit tremendously from Lee’s deep industry experience as they continue to look for opportunities to transact,” Mahmoodzadegan said.

Counselman has more than 15 years experience advising companies on mergers and acquisitions, debt and equity financing, initial public offerings (IPOs) and private placements, Moelis said in a statement. (Reporting by Liana B. Baker in San Francisco; editing by Grant McCool)