Management

 

 

 

          Patrick J. Keating, Managing Director  

  

Over the past 35 years of his professional career Patrick has developed the unique capability to identify, select and position the next generation of early and expansion stage companies to “cross the chasm” and become the dominant player or “gorilla” in their target market segment. 

 

From an initial target market segment in a developed or emerging domestic or regional market to the global markets he has helped support the launch and expansion of hundreds of companies from an idea to an IPO, merger or acquisition in both the USA and Europe.

 

Combined with his personal courage, determination and relentless pursuit in the field Patrick always seeks to find a way to win for his clients at Keating International.

 

Experience and Education:

 

Patrick formed Keating International in 2012. Initially the company was focused mainly on developing the world's first venture capital fund for investing in the next generation of innovation in the global cycling industry under its Velo Capital Partners business unit.

 

Then, in 2015, a startup company - veliSo - was spun-out of the company to focus on developing the world's first AI-based Advanced Rider Assistance System (ARAS) that mainly consisted of a collision warning system coupled to the world's first brake by wire system to provide automative emergency braking. In 2018 veliSo was closed due to regulatory issues and lack of demand from the market and OEMs.

 

After this first stage of its existence Keating International was restructured in 2018 to return to its roots as a technology investment bank.

 

Prior to forming Keating International in 2012 Patrick was Senior Partner at Yole Finance (a business unit of Yole Developpement) in Lyon FRANCE from 2008-2012. At Yole Finance Patrick was focused on advising early and expansion stage companies developing the next generation of materials, devices, sub-systems and systems in the global electronics industry.


From 2006-2008 Patrick was Co-Founder and Partner at Bosfor Bioscience Partners in Istanbul Turkey where he and his partners advised the leading entrepreneurs in the bioscience sector in Turkey and the surrounding region. This included advising Monrol A.S. on its sale to Eczacibasi Holding in 2008 - the largest bioscience M&A transaction at that time in Turkey.

Before forming Bosfor Bioscience Partners Patrick was General Manager and Board Member from 2002 - 2006 of Is Venture Capital Fund  – the leading venture capital fund in Turkey during this period.  During his tenure at Is Venture Capital Patrick and his team led the fund to become the most active early and expansion stage investor in Turkey investing $50.0 million with entrepreneurs in eight companies achieving an IRR of 23.1%. In addition, Patrick and his team led the successful IPO of Is Girisim on the Istanbul Stock Exchange (ISE) in 2004.

After relocating to Istanbul Turkey in 1998 from San Francisco Patrick worked as Managing Director of Corporate Finance at Strateji Securities from 1998-2002 where he led it to become one of the leading firms advising entrepreneurs in early and expansion stage technology companies in Turkey. This included the organization of the first technology investment conference in Turkey at the Swiss Hotel in Istanbul in 2000, where 32 Turkish early and expansion stage technology companies presented to1,500 domestic and international investors.

Patrick began his career in the financial services industry in San Francisco in 1986 as an Account Executive in the Retail Brokerage Services Unit at Morgan Stanley before focusing on business financial services at Merrill Lynch, Citicorp and, for three years before relocating to Europe in 1998, Hambrecht & Quist Investment Banking (H&Q).

 

At the time Hambrecht & Quist (H&Q) was the leading technology investment bank in the USA.  During Patrick's tenure with the firm H&Q completed 103 IPO's with a value of $4.5 billion for companies such as Amazon, Cienna, Netscape and Pixar. This included Patrick's participation in H&Q's own IPO in 1996 on the NASDAQ market.

Patrick began his professional career in local and state government in Montana. From 1981-1983 he was the Assistant Managing Director of the Anaconda-Deer Lodge County Community Development Agency in Anaconda and, from 1984-1986, he was a Local Government and Business Specialist for the State of Montana Department of Natural Resources and Conservation in Helena.

 

Patrick is a native of Atkinson Nebraska. It was there in Atkinson, as one of eight children, that Patrick grew-up working in his family's agribusiness that was established in 1912 and ran until 1987. Keating International Inc. was focused mainly on the operation of the largest IHC/CaseIH farm equipment dealership in the area.

 

Patrick holds a Bachelor of Science degree from St. John’s University, Collegeville Minnesota obtained in 1979 and a Master of Public Administration degree from the University of Montana, Missoula Montana obtained in 1984.