J. Stuart Francis
J. Stuart Francis is a senior managing director in the firm’s corporate advisory business. Mr. Francis, with over 40 years of technology investment banking experience, is the senior banker in the Evercore office in Menlo Park and leads the firm’s Silicon Valley Technology practice.
Since Mr. Francis joined Evercore in 2014, he has served as advisor for many of the most visible transactions in the technology sector, including advising Qualcomm on Broadcom’s $129 billion unsolicited takeover proposal of Qualcomm and proxy fight; Qualcomm on its $47 billion acquisition of NXP Semiconductors; HTC on its $1.1 billion cooperation agreement with Google; Tesla on its $6.3 billion acquisition of SolarCity; advising the Special Committee of the Board of Facebook on its share recapitalization via issuance of Class C stock; advising Yahoo on its proxy contest resolution; advising EMC on its sale to Dell for $67 billion; advising Qualcomm on its strategic realignment plan with activist Jana Partners; and advising Qualcomm on its sale of Vuforia to PTC.
Mr. Francis has also advised Aruba Networks on its sale to Hewlett Packard for $3 billion, advised Abbott Labs on its acquisitions of Alere and St. Jude Medical for $8.4 billion and $25 billion respectively, and advised Virtual Instruments on its merger with Load DynamiX.
Mr. Francis was previously vice chairman of investment banking and chairman of the global technology group for Barclays, which purchased the U.S. businesses of Lehman Brothers. Before that, he was vice chairman of Lehman Brothers and chairman of the Lehman Brothers global technology group, head of the Lehman Brothers global technology group and also a member of Lehman Brothers’ investment banking executive committee and operating committee.
His prior deals include advising Qualcomm on 15 transactions; advising Google on the sale of its set-top TV box maker Motorola Home to Arris for $2.4 billion; serving as joint bookrunner for Facebook on its $16 billion initial public offering, $4 billion equity follow-on offering and $6.5 billion credit facility; and advising Abbott Labs on numerous transactions, including on its $55 billion spinoff of AbbVie, $6.6 billion acquisition of Solvay Pharmaceuticals and $3.4 billion acquisition of CFR Pharmaceuticals.
Mr. Francis has been actively involved in advising many of the most visible Silicon Valley companies, including completing IPOs and equity-related offerings for Amgen, Aruba Networks, Cisco Systems, Facebook, FireEye, Google, NetApp, Qualcomm, SunPower and Workday.
Mr. Francis is a member of the executive committee of the U.S. Golf Association. He previously served as board chair of both the San Francisco Ballet and Menlo School and as a member of the Stanford Graduate School of Business School Advisory Council and the Princeton University Varsity Club.
He has an MBA from Stanford’s Graduate School of Business and a B.A. from Princeton University.