Ascento Capital is an investment bank that specializes in the technology sector and has extensive experience in Artificial Intelligence, Data, Analytics, DevOps, AIOps, Cybersecurity, Telecom, MarTech, PropTech, FinTech, HealthTech, IoT, Cloud, eCommerce, SaaS, IT Services, and Enterprise Software.

Team

Ben Boissevain, Founder and Managing Partner

New York City

Ben Boissevain has 20 years of experience and senior level global connections in the technology sector. He graduated from NYU Law School and started his career at White & Case. He garnered investment banking experience at Erste Bank in Vienna, Austria and Barclays Bank in New York.

Ben speaks regularly on panels on the technology sector and corporate finance, is an author for TechCrunch and has appeared on TV at Fox Business News and Bloomberg. He is a member of the Counsel of The Huguenot Society of America.

Veronica Venditti, Associate

Veronica joined Ascento Capital in 2024. Veronica is pursuing a B.B.A. with a concentration in Finance at Baruch College – Zicklin School of Business. She is also part of Baruch’s Investment Management Group (IMG), a long-only student managed investment fund where she is on the portfolio management team, putting together buy-side research reports and financial valuations.

Rikard Lundqvist, Industry Expert

Washington D.C.

Rikard has deep tech sector experience in Sweden and the US including 18 years at Ericsson in roles from Head of Strategy & Business Development to executive leadership of the testing division. President & CEO of Ascom Network Testing.

Passionate about technology and its positive impact on the world. Mentors high school robotics team.

Edwin Kwon, Industry Expert

Silicon Valley

Edwin Kwon has extensive Industry experience in world class companies including Samsung, Philips, Nvidia, and LG for advisory roles including emerging technology scouting & due diligence, partnership, investment and M&A. When he worked at LG, he was the one of major driving force for Apple Camera module business which has reached more than few billion dollar business as of 2018.

Edwin’s vast experience covers Semiconductor, Consumer Electronics, Software, and Telecom Services. He holds 7 US patents which is related to Digital Video processing and MSEE at Hanyang University in Korea and Dynamic Innovation Exec Course Certificate from MIT Sloan School.

Transactions

Fair Market Valuation

Valuation for NIC MAP Vision, a Leading Data & Analytics Company for the Seniors Housing Sector

Ascento Capital provided a fair market valuation for NIC Map Vision to support a financing round. In March 2021, Ascento Capital advised The National Investment Center for Seniors Housing & Care (NIC) on a buy side engagement whereby it acquired senior living industry market analytics platform VisionLTC. Together they formed a new company called NIC MAP Vision.

Sold To
Backed By

StreamWeaver, a Leading AIOps Company, Sold to BMC, Backed by KKR

Ascento Capital represented StreamWeaver Technologies, Inc., a leading AI operations ("AIOps") company, in its sale to BMC, a global leader in software solutions for the Autonomous Digital Enterprise. BMC is backed by the private equity firm KKR. StreamWeaver enhances BMC's AIOps capabilities with a broad set of out-of-the-box data integrations.

Press Release
Sold To
Backed By

Proant, a Swedish IoT company, Sold to Abracon, Backed by The Riverside Company

Ascento Capital represented Proant, a leading IoT antenna company in Sweden, on a sell side M&A transaction. After a global search with a wide outreach to over 100 targets, we had serious interest from companies in the US, Europe, and Asia and selected Abracon in the US for the best strategic fit. Abracon is backed by the private equity firm The Riverside Company.

Press Release
Acquired

NIC, a data and analytics company for senior housing, acquired VisionLTC

Ascento Capital represented The National Investment Center for Seniors Housing & Care (NIC) in its acquisition of senior living industry market analytics platform VisionLTC. NIC and VisionLTC formed a new company NIC MAP Vision that includes the NIC MAP® Data Service and provides significantly deeper and broader data for industry stakeholders.

Press Release

Services

Mergers & Acquisitions

We provide high-quality investment banking services on the sell-side and the buy-side.

Capital Raises

We provide capital raise services for access to private equity and venture capital firms.

Valuations

We provide in-depth valuation services and fairness opinions for public and private companies

Strategic Consulting

We provide consulting services by leveraging corporate finance and tech experience.

Articles by Ben Boissevain

Funding, M&A and Valuation Data Points to Navigate the Dynamic AI Sector – LinkedIn

The AI sector is experiencing exponential advances in technology with a new revolutionary developments almost daily. Investment in the tech sector is down significantly, but investment in the AI sector has only decreased slightly by comparison. M&A in the sector is very active with large technology companies the most ...

TechCrunch – Operational and finance tips for early-stage startups in a tough market – Techcrunch

There is no question that this market is tough for tech startups. The market meltdown today can be compared to the dot-com meltdown in 2000 and the Great Recession meltdown in 2009. But even in tough markets, there are many survivors. This article explores survival tips for startups — ...

Mark-to-market to arrive at a realistic valuation and improve your fundraising odds – TechCrunch

Valuations in 2022 have been falling like a rock as the war in Ukraine rages, inflation skyrockets and the Fed tightens the screws. Fintech firm, Klarna, whose valuation plummeted 85% to just $6.7 billion from $45.6 billion a year ago, is an extreme example of this. Klarna’s woes are ...

How to prepare for M&A, your most likely exit avenue – TechCrunch

Despite the plentiful headlines about mega billion-dollar M&A transactions, record IPOs and the rapid growth of SPACs, small deals will continue to be the most likely exit for the vast majority of tech startups. In the over 30 years I’ve worked on M&A at White & Case, Barclays and ...

Presentation

Twitter

Load More